Listed by Windermere Real Estate Whatcom
$8,995,000
$255K PRICE DROP

5094 Labounty Rd Ferndale, WA 98248

Estimated payment $50,740/month

Total Views 25,370
25 Acres
$366,695 Price per Acre
1,068,522 Sq Ft Lot

Highlights

  • 24.53 Acre Lot
  • No HOA
  • Level Lot

About This Lot

Cooper Village offers fully entitled land for sale on LaBounty Road in Ferndale, WA, in a rapidly growing area of Whatcom County. The proposed development includes 310 housing units: 246 multi-family units, 50 townhomes, and 14 live-work units, along with a 4,200 square foot commercial building for retail or food and beverage. Additionally, there’s a freeway-oriented commercial pad site (10,000 - 30,000 square feet) suitable for RV/boat storage or future commercial use. Complete land use permitting was secured on August 29, 2024, including preliminary civil design and critical areas mitigation approval. This fully entitled property offers a turnkey development opportunity, significantly speeding up the time to market.

Listing Agent

Robert Sandoz

Windermere Real Estate Whatcom License #11307 Listed on: 10/23/2024

Windermere Real Estate Whatcom

Co-Listing Agent

Rob Weston

Windermere Real Estate Whatcom License #41044

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2303508

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,854

Year Built

  • 1975

Lot Details

  • 24.53 Acre Lot
  • Level Lot
  • Zoning described as Multi-Family,See Remarks

Community Details

  • No Home Owners Association
  • Cooper Station Condos
  • Ferndale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3902333443050000

Property Details

Property Type

Land

Est. Annual Taxes

$5,854

Year Built

1975

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Cooper Station
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Lightly Treed,Partially Cleared,Pasture Land,Stream/Creek
  • Special Features: None
  • Year Built: 1975
  • Cumulative Days on Market: 234

Interior Features

  • Possible Use: Multi-Family, See Remarks
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Road Surface Type: Paved
  • View: No
  • Waterfront: No
  • Structure Type: Industrial
  • RoadInformation: County Maintained,Paved
  • WaterJurisdiction: Ferndale

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Available
  • Water Source: Available, In Street, On Property, See Remarks
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Natural Gas Available
  • ElectricityStatus: On Property
  • GasStatus: Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Common Interest: Vacant Land

Schools

  • Junior High Dist: Ferndale

Lot Info

  • Parcel Number: 3902333443050000
  • Topography: Level,Rolling,See Remarks
  • Lot Size Acres: 24.5299
  • Lot Size Sq Ft: 1068526
  • Zoning Description: Multi-Family,See Remarks
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Records
  • ZoningJurisdiction: City

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2023

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,854 $3,315,805 $2,550,794 $765,011
2023 $5,854 $3,365,272 $2,629,685 $735,587
2022 $6,624 $1,347,571 $557,590 $789,981
2021 $6,152 $1,065,530 $438,567 $626,963
2020 $6,358 $603,710 $72,386 $531,324
2019 $4,907 $836,095 $344,133 $491,962
2018 $5,923 $509,169 $61,050 $448,119
2017 $5,248 $458,711 $55,000 $403,711
2016 $5,227 $436,579 $57,805 $378,774
2015 $5,038 $436,579 $57,805 $378,774
2014 -- $438,954 $82,704 $356,250
2013 -- $427,889 $79,207 $348,682
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Price Changed $8,995,000 -2.8% --
10/23/2024 10/23/24 For Sale $9,250,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Special Warranty Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2303508

Northwest Multiple Listing Service (NWMLS)

APN: 390233-337232-0000