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Listed by:Windermere RE Whatcom, Inc. • Lynda L. Hinton
$ 1,200,000
Est. payment /mo
New
1414 McKenzie AVE Bellingham, WA 98225
0.42 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Fairhaven
MLS Listing ID 2570454
Style 40 - Res-Less thn 1 Ac
Annual Tax Amount $5,588
Lot Size 0.420 Acres
Lot Dimensions 110 x 165
Property Sub-Type Land
Property Description
Rarely does an opportunity like this become available in the heart of Bellingham's beloved Fairhaven. These 5 adjoining lots, situated on a quiet street just moments from the village center, offer exceptional potential for redevelopment in one of the city's most walkable and desirable neighborhoods. The existing home is best viewed as part of the land value, with the real opportunity being the ability to create a thoughtfully designed residential project from the ground up. A completed feasibility study is available with the listing and outlines several possibilities, including remodeling the existing home while adding another home and two ADUs, or developing as many as eight townhomes, subject to final City approval and applicable requirements. The configuration of five contiguous lots provides a rare opportunity to create scale and flexibility in a neighborhood where developable land is limited. South-facing exposure brings excellent natural light and adds to the appeal of the site, stroll to Fairhaven's historic village center for coffee, dining, shopping, bookstores and local services, or enjoy nearby parks, waterfront access and the South Bay Trail. Whether you envision a multi-home investment, thoughtfully designed townhome community, or a combination of residences and ADUs, this is a compelling chance to build in a truly exceptional location.
Location
State WA
County Whatcom
Area 860 - Bellingham
Interior
Fireplace false
Exterior
Utilities Available Electricity Connected, Natural Gas Available
View Y/N Yes
View Territorial
Garage Yes
Building
Lot Description Curbs, Paved, Sidewalk
Sewer On Property
Water On Property
Schools
Elementary Schools Lowell Elem
Middle Schools Fairhaven Mid
High Schools Sehome High
School District Bellingham
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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