$1,149,000
Est. $5,822/mo4 bd•1 ba•2,804 sq ft
151 Bay Lyn Drive, Lynden, WA 98264
• Listed 2026-02-18•18 days on market
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Opportunities like this inside Lynden city limits are rare. This 1.2-acre property delivers immediate income and exceptional development upside. The existing home features a 3-bedroom main level plus a 1-bedroom+bonus room MIL suite, currently producing $3,700 per month. The true value lies in the three separate, legally parceled multi-family lots at the rear—zoned to allow up to 16 total units. In-city multi-family density with this level of flexibility is hard to find. Strong rental demand, prime location near shopping and services, and scalable development potential make this a standout investment. Secure cash flow today. Build long-term wealth tomorrow.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (6)
See more →$732,000
-$417,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $623K and $1.05M.
Rental earnings
$2,200/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$875,000Last sold price
407 Wood Creek Drive, Lynden, WA 98264
$1,039,000Last sold price
1827 Double Ditch Court, Lynden, WA 98264
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.
151 Bay Lyn Drive, Lynden, WA 98264
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
$6,514 per month
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 26, 2026 at 02:18pm (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 Hanna McLendon • eXp Realty
Listing updated: May 26, 2026 at 02:18pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2481632
Open Sun, Jun 14
Open Sun, Jun 14$879,000
902 Captain Bay Court, Lynden, WA 98264
Mike Kooy · Windermere RE Whatcom, Inc.
Lynden is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
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 10 days.
$1,195,000 Sold
6 weeks ago
4 bd•1.5 ba•~2,586 sq ft•Single Family
1710 Farmview Terrace, Lynden, WA 98264
8%
Under list
—
Days on market
0.8 mi
Distance
$750,000 Sold
4 months ago
4 bd•2.5 ba•~2,170 sq ft•Single Family
197 Bay Lyn Drive, Lynden, WA 98264
6%
Under list
—
Days on market
0.1 mi
Distance
$520,000 Sold
6 months ago
3 bd•1 ba•~1,570 sq ft•Single Family
8374 W Meadow Lane, Lynden, WA 98264
1%
Under list
—
Days on market
0.9 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
Lynden 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.
