$899,000
Est. $4,555/mo417 Arbutus Place, Bellingham, WA 98225
• Listed 2026-02-09•32 days on market
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One of Edgemoor's rare and most beautiful lots, with spectacular views of the Chuckanut Bay, Bellingham Bay, the Olympics and the islands. If you are looking to build a home on a perfect hilltop site, at the end of a private drive which backs up to acres of thick forest, this 1.3 acre parcel is ideal for your dream home. The commanding views include island sunsets in the west, and the tranquil waters of Chuckanut Bay to the south. The road to the property is heated to keep it clear on those snow days. Stunning contemporary house plans have been designed specifically to accommodate this building site and to take advantage of the amazing water and mountain scenery.
$513,000
-$386,000 under list price
Nearby comparable homes
RexMont uses 3 strongest recent nearby sales, priced between $462K and $530K.
Rental earnings
$1,550/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$462,000Last sold price
2431 Franklin Street, Bellingham, WA 98225
$530,000Last sold price
2739 Sunset Drive, Bellingham, WA 98225
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
417 Arbutus Place, Bellingham, WA 98225
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$5,384 per month
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 12, 2026 at 12:03pm (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Elaine D. Prestlien • Muljat Group
Listing updated: May 12, 2026 at 12:03pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2478133
Bellingham 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 for about 1% below list price.
Time on market: The average home goes pending in around 23 days.
$862,500 Sold
4 months ago
5 bd•1 ba•~2,700 sq ft•Single Family
507 Lyla Lane, Bellingham, WA 98225
4%
Under list
—
Days on market
0.7 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
Bellingham School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.