#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
- 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.
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. Properties displayed may be listed or sold by various participants in the MLS.
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.
DMCA Notice
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: 4/17/2025, 5:17:52 PM 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. Most Bellingham, WA residents have annual incomes between $35k-100k. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.
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
About 251 Arbel Way
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.
Over 38 listings were sold over their listed price in March 2025 in Bellingham, WA. In the same period over 43 listings were sold below the listed price and 26 listings were sold for the listed price. In March 2025 in Bellingham, WA there were 18.8% more homes for sale than in February. While the average time on the market in March 2025 was 43 days, the median list price was $649,581.
From Rocket Homes Real Estate and based on county public records data.