#2404443, Jerry Spraggins, Listing office: Muljat Group

1501 Lakeway Dr Bellingham, WA 98225
Property details
About 1501 Lakeway Dr
Excellent investment opportunity in Bellingham’s sought-after Puget Neighborhood. This 4-bedroom, 2-bath home offers over 1,200 sqft of living space on a large corner lot with a fully fenced yard. The property features multiple outbuildings, ample off-street parking, and strong potential for an ADU. Inside, youll find a functional layout, large kitchen and plenty of storage, plus a daylight basement with a separate entrance and bonus room. Located just minutes from downtown Bellingham, Galbraith Mountain trails, Lake Whatcom, schools and shopping. With solid bones and a unique double lot, this is a rare chance to invest in a prime location with room to grow.
Highlights
Summary
- Full Bathrooms: 1
- Basement: Yes
- Flooring Type: Ceramic Tile, Vinyl Plank
- Interior: Ceramic Tile
- Total Bedroom Count: 4
- Attached Garage: No
- Parking: Driveway, Off Street
- View: City
- Exterior: Metal/Vinyl, Wood, Wood Products
- Heating: Forced Air
- Cooling: Window Unit(s)
- List Price: $550,000
- Price/SqFt: $447
- HOA Amount: $0
- Annual Tax Amount: $2,915
- Tax Year: 2022
- Lot: Corner Lot, Paved, Sidewalk
- Directions: Head West On Lake Way Dr. Towards Whatcom Lake, Take Left On Puget St, Homes on the Right. Corner of Lakeway and Puget.
- Year Built: 1926
- Living Area: 1,230 SqFt
- Lot Size: 0.1552 Acres
- MLS Number: 2391365
- MLS Name: NWMLS
- Office Name: eXp Realty
- Office Phone: (888) 877-9315
- Listing Agent: Micah Klemmeck
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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Last updated on: 7/12/2025, 6:32:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 12, 2004 | Home Sold | $190,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2022 | $418,769 | $2,915 |
2021 | $337,726 | $3,136 |
2020 | $296,249 | $2,915 |
2019 | $281,204 | $2,863 |
2018 | $221,378 | $2,334 |
2017 | $196,504 | $2,056 |
History based on county public records data.
Nearby schools
4
Carl Cozier Elementary School
Public District PK-5
0.3 mi
•1330 Lincoln St
5
Sunnyland Elementary School
Public District PK-5
1.6 mi
•2800 James St
3
Roosevelt Elementary School
Public District PK-5
1.7 mi
•2900 Yew St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,227. Typical income of Bellingham, WA residents is less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 1501 Lakeway Dr
The listing price of 1501 Lakeway Dr property is $550,000.
The property 1501 Lakeway Dr is a house located in Bellingham, Washington, 98225.
Active Listing: 1501 Lakeway Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1501 Lakeway Dr are: Carl Cozier Elementary School (GreatSchools Rating 4/10), Sunnyland Elementary School (GreatSchools Rating 5/10), Roosevelt Elementary School (GreatSchools Rating 3/10), Kulshan Middle School (GreatSchools Rating 8/10), Whatcom Middle School (GreatSchools Rating 7/10), Fairhaven Middle School (GreatSchools Rating 8/10), Options High School (GreatSchools Rating 2/10), Bellingham High School (GreatSchools Rating 7/10), Sehome High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2022 is $2,915 (source: MLS/based on county public records data).
The last sale was on August 12, 2004 for $190,000 (source: MLS/tax record).
The property at 1501 Lakeway Dr has 4 bedrooms and 2 bathrooms.
The property 1501 Lakeway Dr is 1,230 SqFt (source: MLS/tax record).
The year of construction for 1501 Lakeway Dr is 1926.
This home is located at 1501 Lakeway Dr in Bellingham, WA and zip code 98229 in the Puget neighborhood. This 1,230 square foot home, which was built in 1926, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $550,000.
Over 31 listings were sold over their listed price in June 2025 in Bellingham, WA. In the same period over 60 listings were sold below the listed price and 42 listings were sold for the listed price. The inventory of homes for sale in Bellingham, WA between May and June 2025 increased by 14%. Listings spent 27 days on the market in June 2025, and had a median list price of $649,000 during the same period.