Rare opportunity to acquire over an acre in Bellingham's Alderwood neighborhood. The property includes a rambler ready for your vision or redevelopment, a detached living space, detached garage, and a large shop building. Recent upgrades include a newer heat pump and improved insulation, adding value while leaving room for future improvements. With multiple existing structures, abundant parking, and a lot size that is increasingly difficult to find within the city, this property presents a unique opportunity for investors, builders, contractors, or buyers seeking space and versatility. Explore the possibilities afforded by the zoning and expansive parcel size. Buyer to verify all development potential, permitted uses, and subdivision opportunities. Conveniently located near shopping, schools, parks, and major commuter routes, this is a rare chance to secure a large in-city property with significant upside potential.
Pending
Listed by: COMPASS • Erika Buse
$649,000
3138 Alderwood, Bellingham, WA 98229
3beds
1,808sqft
Single Family Residence
Built in 1941
1.14 Acres Lot
$651,800 Zestimate®
$359/sqft
$-- HOA
What's special
Large shop buildingAbundant parkingMultiple existing structuresDetached garageDetached living spaceNewer heat pumpImproved insulation
- 60 days |
- 85 |
- 2 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Offers reviewed: Jun 24
Listed by:
Erika Buse,
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2542964
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 3/4 bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom three quarter
- Level: Main
Bathroom three quarter
- Level: Garage
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Ductless, Electric, Natural Gas
Cooling
- Ductless
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s)
Features
- Ceiling Fan(s)
- Flooring: Vinyl, Carpet
- Basement: None
- Has fireplace: No
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,808
- Total interior livable area: 1,808 sqft
Property
Parking
- Total spaces: 4
- Parking features: Detached Garage
- Has garage: Yes
- Covered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Ceiling Fan(s)
Lot
- Size: 1.14 Acres
- Features: Paved, Cable TV, Gas Available, High Speed Internet, Patio
- Topography: Level
Details
- Parcel number: 3802143361420000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1941
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: COB
- Water: Public, Company: COB
Community & HOA
Community
- Subdivision: Birchwood
Location
- Region: Bellingham
Financial & listing details
- Price per square foot: $359/sqft
- Tax assessed value: $683,499
- Annual tax amount: $4,727
- Offers reviewed: 06/24/2026
- Date on market: 6/20/2026
- Cumulative days on market: 60 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$651,800
$619,000 - $684,000
$3,235/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2026 | Pending sale | $649,000$359/sqft |
Source:  NWMLS as distributed by MLS GRID #2542964 Report a problem | ||
| 6/19/2026 | Listed for sale | $649,000+375.6%$359/sqft |
Source: NWMLS as distributed by MLS GRID #2542964 Report a problem | ||
| 6/1/2001 | Sold | $136,449$75/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $479 +5.3% | $683,499 +2.3% |
| 2023 | $455 -8.3% | $668,132 +29% |
| 2022 | $496 -87.5% | $517,932 +21% |
| 2021 | $3,976 | $428,043 +47.4% |
| 2020 | -- | $290,426 -0.6% |
| 2019 | $2,858 -3.9% | $292,036 +7.7% |
| 2018 | $2,974 +596.8% | $271,265 +8.3% |
| 2017 | $427 -6.3% | $250,494 +16.4% |
| 2016 | $456 +5% | $215,184 +3.6% |
| 2015 | $434 | $207,707 +2.9% |
| 2014 | $434 -3.5% | $201,911 -0.6% |
| 2013 | $450 | $203,232 +6.2% |
| 2012 | -- | $191,299 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $384 -8.4% | $131,095 |
| 2008 | $420 | $131,095 -35.2% |
| 2007 | $420 | $202,445 +54.4% |
| 2005 | -- | $131,095 +8.9% |
| 2004 | $137 -65.5% | $120,415 |
| 2003 | $398 -70.1% | $120,415 +6.4% |
| 2002 | $1,332 -0.4% | $113,120 |
| 2001 | $1,336 | $113,120 +15% |
| 2000 | -- | $98,345 |
| 1999 | -- | $98,345 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Birchwood
Nearby schools
GreatSchools rating
- 3/10Birchwood Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 6/10Shuksan Middle SchoolGrades: 6-8Distance: 0.6 mi
- 8/10Bellingham High SchoolGrades: 9-12Distance: 2.5 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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