$5,700,000
SOLD JAN 6, 2025

283 Arbel Way Bellingham, WA 98229

2.01 Acres
$2,835,821 Price per Acre
87,556 Sq Ft Lot

Recently Sold

2 Days on Market

Highlights

  • Views of a Sound
  • Gated Community
  • Secluded Lot
  • Fairhaven Middle School Rated A-
  • Waterfront
  • Property is near a preserve or public land

About This Lot

As of January 2025

Governors Point is a new enclave of 16 waterfront homes which will be designed by Omer Arbel. Just off Chuckanut Drive south of Bellingham, WA, the project sits on a pristine peninsula jutting into the Salish Sea. All homes will share a rigorous architectural language, which extends throughout the project, including private roads, gates, and other infrastructure. Buffered by a 100-acre nature reserve, the homes enjoy a grandfathered 75' saltwater setback and vistas overlooking the San Juan Islands. Each dwelling, on a +/- 1 acre lot, will be personalized by discerning buyers who appreciate ambitious design in intimate harmony with nature. San Juan Island lifestyle without the hassle of the ferry system. Welcome to Governors Point.

Last Agent to Sell the Property

Derek Buse

COMPASS License #125708 Listed on: 01/01/2025

COMPASS

Last Buyer's Agent

Derek Buse

COMPASS License #125708 Listed on: 01/01/2025

COMPASS

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2317644

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,215

Lot Details

  • 2.01 Acre Lot
  • Waterfront
  • Street terminates at a dead end
  • Secluded Lot
  • Level Lot

HOA Fees

  • $417 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Bay
  • Territorial

Utilities

  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 3702264502640000

Community Details

Overview

  • Association fees include common area maintenance, road maintenance, snow removal
  • Governors Point Condos
  • Chuckanut Subdivision
  • Property is near a preserve or public land

Recreation

  • Trails

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,215

Lot Details

0

HOA Fees

$417 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 41 - Res-Over 1 Acre
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Governors Point
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Evergreens,Heavily Forested,Recreational
  • Restrictions: CC&R,NO Manufactured Homes
  • Special Features: None
  • Cumulative Days on Market: 133

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Bay, Sound, Territorial
  • Lot Features: Adjacent to Public Land, Dead End Street, Paved, Secluded
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Bank-Medium
  • Waterfront: Yes
  • Structure Type: Unspecified
  • RoadInformation: Access Easement,Paved,Privately Maintained
  • RoadOnWhichSide: East
  • WaterJurisdiction: COB
  • WaterAccess: Beach Rights,Community Waterfront/Pvt Beach

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Available, In Street
  • Security: SecurityGate
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Common Area Maintenance, Electricity Available, Road Maintenance, Snow Removal
  • ElectricityStatus: In Street
  • GasStatus: Not Available
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Community Features: Gated, Trail(s)
  • Senior Community: No
  • Association Fee: 5000
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Road Maintenance, Snow Removal
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Bellingham
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 3702264502640000
  • Topography: Level,Sloped
  • Lot Size Acres: 2.01
  • Lot Size Sq Ft: 87556
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Record
  • ZoningJurisdiction: County
  • ZoningClass: Residential
  • LotNumber: 3
  • SlopeComment: Salish Sea

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 4215

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2025 01/06/25 Sold $5,700,000 0.0% --
01/03/2025 01/03/25 Pending -- -- --
01/01/2025 01/01/25 For Sale $5,700,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2317644

Northwest Multiple Listing Service (NWMLS)