$545,000
Listed at $575,0003 bd•1 ba•1,172 sq ft
2074 Cottage Place, Ferndale, WA 98248
• Listed 2025-01-08
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Based on information submitted to the MLS GRID as of July 14, 2025 at 04:01am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Welcome to this updated 3-bed, 2-bath home, just shy of 1,200 sq. ft., offering a fully remodeled 320 sq. ft. ADU with 1 bed, 1 bath home. Perfect for guests, rental income, or extended living, the ADU has been meticulously renovated down to the studs with high-quality finishes and contemporary design. With multifamily zoning, this property offers an incredible opportunity to expand with an additional 2-5 units. For those considering rental income, the projected rent is approximately $2,400/month for the main house and $1,200/month for the ADU, resulting in a competitive 5.85% cap rate if fully rented. Whether you're looking for a move-in-ready home with income potential or an investment property with room to grow, this is the one!
Listed by Katie Sentinella • Keller Williams Western Realty
Listing updated: July 14, 2025 at 04:01am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2319992
RexMont Value Snapshot
Pull the latest nearby sold homes matched on size, age, and location.
Neighborhood mobility

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Michelle R Harrington · COMPASS

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Daljit Dhillon · Skyline Properties, Inc.

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Daljit Dhillon · Skyline Properties, Inc.

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$685,000
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Luis Herrera · RE/MAX Whatcom County, Inc.

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2086 Thornton St, Ferndale, WA 98248
Nelya Gekelman · HomeSmart One Realty
Ferndale is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 16 days.
$950,000 Sold
8 weeks ago
•Single Family
2344 Main Street, Ferndale, WA 98248
0%
Over list
—
Days on market
0.7 mi
Distance
$550,000 Sold
4 months ago
6 bd•2 ba•~3,284 sq ft•Single Family
5861 Malloy Avenue, Ferndale, WA 98248
8%
Under list
—
Days on market
0.2 mi
Distance
$584,000 Sold
4 months ago
3 bd•2 ba•~1,574 sq ft•Single Family
6157 Unrein Drive, Ferndale, WA 98248
0%
Over list
—
Days on market
0.9 mi
Distance
$615,000 Sold
5 months ago
3 bd•2.5 ba•~1,902 sq ft•Single Family
2408 Barn Door Court #34, Ferndale, WA 98248
3%
Over list
—
Days on market
1.0 mi
Distance
$525,000 Sold
5 months ago
3 bd•1 ba•~1,542 sq ft•Single Family
2141 Jason Court, Ferndale, WA 98248
5%
Under list
—
Days on market
0.8 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.