$925,000
Est. $4,687/mo3 bd•2,129 sq ft
5150 Elder Road, Ferndale, WA 98248
• Listed 2026-06-03•2 days on market
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Based on information submitted to the MLS GRID as of June 10, 2026 at 03:42pm (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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Bring your farming dreams to life on this versatile and income-producing property! Set down a private driveway offering exceptional privacy and beautiful Mount Baker views, this fully fenced acreage is currently set up for yaks and is ready for livestock, hobby farming, or a small agricultural operation. The entire property is currently benefiting from an agricultural tax designation, offering valuable tax savings for continued ag use. The main home includes a private attached primary suite that functions as its own income-producing space, complete with a kitchen and laundry room, currently renting for $1,600/month. The detached accessory dwelling unit (DADU) is currently rented for $1,700/month, providing another strong income stream. Animal enthusiasts will appreciate the existing lean-to and fully fenced pasture areas. Adding even more functionality, the property features an RV hookup complete with water service and a sewer dump connection, making it ideal for guests, extended stays, or additional flexibility for farm operations. Recent infrastructure improvements include a new septic system, as well as a new well and pump, providing peace of mind and modern utility reliability. Whether you're looking to establish a working farm, build a private homestead, or invest in a property with multiple income streams, this exceptional opportunity delivers versatility, privacy, income potential, and long-term value.
Listed by Katie Sentinella • Keller Williams Western Realty
Listing updated: June 10, 2026 at 03:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2530157
$596,000
-$329,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $575K and $712K.
Rental earnings
$1,800/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$575,000Last sold price
5566 Fisher Place, Ferndale, WA 98248

$711,990Last sold price
5595 Farmstead Place #8, Ferndale, WA 98248
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.
5150 Elder Road, Ferndale, WA 98248
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.
$5,227 per month
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Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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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.
$1,000,000 Sold
2 months ago
3 bd•2 ba•~1,680 sq ft•Single Family
2988 Unick Road, Ferndale, WA 98248
2%
Under list
—
Days on market
0.9 mi
Distance
$869,000 Sold
6 months ago
3 bd•2 ba•~2,314 sq ft•Single Family
5149 Elder Road, Ferndale, WA 98248
0%
Over list
—
Days on market
0.1 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
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.