#2302433, Derek Buse, Listing Office: COMPASS
$4,400,000 List price
251 Arbel Way Bellingham, WA 98229
1.5 acres
Land
Property details
About 251 Arbel Way
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. San Juan Island lifestyle without the hassle of the ferry system.
Highlights
StatusActive
Lot size1.49 Acres
MLS #2302445
ViewBay, Mountain(s), Sound, Territorial
Summary
- View: Bay, Mountain(s), Sound, Territorial
- List Price: $4,400,000
- HOA Amount: $417
- HOA Frequency: Annually
- Annual Tax Amount: $4,433
- Tax Year: 2023
- Lot: Cul-De-Sac, Paved, Secluded
- 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.
- Lot Size: 1.49 Acres
- MLS Number: 2302445
- MLS Name: NWMLS
- Office Name: COMPASS
- Office Phone: (360) 233-5033
- Listing Agent: Derek Buse
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.
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Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/12/2025, 2:47:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,400,000
251 Arbel Way
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $529,799 | $4,433 |
History based on county public records data.
Nearby schools
4
Irene Reither Elementary School
Public District PK-5
1.2 mi
•954 E Hemmi Rd
1
Cordata Elementary School
Public District PK-5
4.2 mi
•4420 Aldrich Rd
5
Northern Heights Elementary School
Public District PK-5
5.0 mi
•4000 Magrath Rd
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 $70,473. The most common annual income of people living in Bellingham, WA is between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
19%
<35k
59%
35k-100k
20%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
25%
Single, No Kids
7%
Single, with Kids
40%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
9%
12-17 yrs old
19%
18-34 yrs old
47%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Bellingham, WA
Bellingham's transportation infrastructure supports a mix of private and public transit options, with bus services connecting key areas of the city. The community is bike-friendly, with dedicated lanes and trails, and walkability varies across neighborhoods. Major roads and highways facilitate travel to nearby cities and regions, and improvements to transportation are continually being evaluated to enhance connectivity and reduce congestion.
The city is served by a robust educational system, including several public and private schools that cater to a range of educational needs. Healthcare is accessible through multiple clinics and a regional hospital that offers a variety of services. Bellingham's public library system is well-regarded, and the city's retail and dining scenes reflect its eclectic and health-conscious residents. Efforts are ongoing to adapt services to the evolving needs of the community.
Bellingham is celebrated for its vibrant community spirit and scenic beauty, nestled between the Salish Sea and the Cascade Mountains. The city prides itself on its active outdoor lifestyle, with numerous trails and parks for hiking and biking. Cultural events, such as the annual Ski to Sea Race and the Bellingham Festival of Music, highlight the community's engagement with both nature and the arts.
Bellingham's housing market is diverse, offering a range of options from historic craftsman bungalows to contemporary condominiums. Single-family homes are prevalent, making up a significant portion of the housing stock, while apartments and townhouses provide alternatives for those seeking a more urban living experience. The architectural styles reflect the city's growth, with many homes dating back to the early 20th century, alongside modern developments.
About 251 Arbel Way
The listing price of 251 Arbel Way property is $4,400,000.
The property 251 Arbel Way is land located in Bellingham, Washington, 98229.
Active Listing: 251 Arbel Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 251 Arbel Way are: Irene Reither Elementary School (GreatSchools Rating 4/10), Cordata Elementary School (GreatSchools Rating 1/10), Northern Heights Elementary School (GreatSchools Rating 5/10), Meridian Middle School (GreatSchools Rating 5/10), Meridian Parent Partnership Program (GreatSchools Rating 7/10), Shuksan Middle School (GreatSchools Rating 4/10), Meridian High School (GreatSchools Rating 6/10), Squalicum High School (GreatSchools Rating 5/10), Ferndale High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2023 is $4,433 (source: MLS/based on county public records data).
The property 251 Arbel Way is 1.49 acres.
The sq. ft. of 251 Arbel Way is not available (source: MLS/tax record).
This home is located at 251 Arbel Way in Bellingham, WA and zip code 98226. Features: 0 bathroom. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $4,400,000.
In April 2025, from all listings sold in Bellingham, WA there were more than 41 sold above asking price, over 38 sold below and more than 40 were sold right at the asked price. The number of listings in Bellingham, WA increased by 26.1% between March and April 2025. While the average time on the market in April 2025 was 30 days, the median list price was $649,224.
From Rocket Homes Real Estate and based on county public records data.