267 Arbel Way Bellingham, WA $ 5,700,000
267 Arbel Way
$ 5,700,000
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267 Arbel Way

Bellingham, WA, 98229
$ 5,700,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 39,368

Listed by Derek Buse, COMPASS, 360-599-0379, derek.buse@compass.com
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Lots and Land for sale in Bellingham, WA

for $5,700,000. The lot size is 1.4.

Governors Point is a new enclave of 16 waterfront homes which will be designed by Omer Arbel. Just off Chuckanut Drive south of Bellingham, WA, the project sits on a pristine peninsula jutting into the Salish Sea. All homes will share a rigorous architectural language, which extends throughout the project, including private roads, gates, and other infrastructure. Buffered by a 100-acre nature reserve, the homes enjoy a grandfathered 75' saltwater setback and vistas overlooking the San Juan Islands. Each dwelling, on a +/- 1 acre lot, will be personalized by discerning buyers who appreciate ambitious design in intimate harmony with nature. Property extends to the mean low tide mark allowing access and recreation on each property at Governors Point. San Juan Island lifestyle without the hassle of the ferry system.

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Lots and Land Active

Price

$ 5,700,000

Property Type

Lots and Land

Taxes

$ 28,842

Style

Res-Over 1 Acre

Lot Size

1.4

Town/City

Bellingham

County/Region

Whatcom

MLS | Web ID

2597407

Features
General
Living Area 0
Sewer Not Available
Utilities Electricity Available Snow Removal
Possession Closing
HOA Fee 5000
Association Fee Includes Common Area Maintenance Concierge Road Maintenance Security Snow Removal
Security Features Security Gate Security Service
View Bay Islands Mountains Sea Sound Territorial
Topography Level Sloped
Property Subtype Land
Tax Year 2026
Waterfront Features Medium Bank Saltwater Sea Sound
Community Features CCRs Gated Trail(s)
Building Name Governors Point
Assoc Fee Paid Per Annually
County Whatcom
Property Type Land
HOA Y
Subdivision Name Chuckanut
Possible Use Residential
Special Listing Conditions None
Status Active
Directions Exit 250 State 11 S/Old Fairhaven Pkwy. Turn right onto Old Fairhaven Pkwy. Follow 30th St. Turn left onto WA-11 S/Chuckanut Dr. Turn right onto Cove Rd. Right on Pleasant Bay. Gate entrance on left.
High School Buyer To Verify
City Bellingham
Senior Community Y/N N
High School District Bellingham
Zoning Description Residential
MLS Area 860 - Bellingham
Lot Size Units Square Feet
Lot Size Square Feet 60984
Carport Y/N N
Listing Terms Cash Conventional
Elementary School Buyer To Verify
Tax Annual Amount 28842
Middle/Junior High School Buyer To Verify
Public Remarks Governors Point is a new enclave of 16 waterfront homes which will be designed by Omer Arbel. Just off Chuckanut Drive south of Bellingham WA the project sits on a pristine peninsula jutting into the
Structure Type None
Building Area Units Square Feet
Standard Status Active
Property Features Brush Corners Flagged Evergreens Heavily Forested Recreational
Gas Status Not Available
Property Style 41 - Res-Over 1 Acre
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Adjacent to Public Land Dead End Street Paved Secluded
Water Source Available In Street
Building Area Total 0
Lot Size Acres 1.4
Road Surface Type Paved
Waterfront Y/N Y
Road Responsibility Private Maintained Road
Irrigation Water Rights Y/N N
Lot Number 7
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Internal Only
OriginalMLSID NWM2597407
Street Number 1 267
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* Excluded Features
List By
Derek Buse

Listing Agent

Compass

Broker

derek.buse@compass.com

Email

Affordability Calculator

$41,772
Per Month
94%
6%
0%
Monthly Principal & Interest
$39,368
Monthly Property Taxes
$2,404
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100178 Elementary School
3100357 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
10/24/2026$5,700,000 Listed Price

Map


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267 Arbel Way, Bellingham, WA, 98229 is a Lots and Land for sale at $5,700,000 with a lot size of 1.4. 267 Arbel Way has 0.0 baths. The property's zip code is 98229 which is in Bellingham, WA