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Single-Family

View Ridge Acres

Dumas Ave, Bellingham, WA 98229

Listing Price: Request For Offer

Lot Size
38.40 acres
Land Type
Land

Investment Overview

Viewridge Acres is approximately 38.40 acres of land located in the Samish neighborhood of Bellingham. The site is nearly square shaped with the eastern half of the property situated on the high point of a ridge, while the western side has a gradual westward slope that can have views. Access to the site can be found off Dumas Avenue on the northwest, Adams Avenue on the southwest, Byron Avenue and San Juan Boulevard on the northeast. The site is entirely raw land covered mostly in trees and other vegetation. The opportunity for an investor is to develop the property into approximately 5 to 6 dozen single family residences with lot size minimums of 12,000 square feet on the northern half of the lot and 20,000 square feet on the southern half of the lot. Studies conducted by the current ownership support these estimates and take into account three identified wetlands within the parcel. Recent home sales on new construction in the area have ranged between $534,950 and $750,000. The nearest grocery store to the site is Haggen’s, located just under a mile to the west in a local commercial corridor. Downtown Bellingham and Western Washington University are both just over two miles from the site. Bellingham is a rapidly growing city of nearly 100,000. Over the past decade it has grown nearly 15%. The city is expected to add nearly 25,000 residents over the next 15 years. To cope with the increasing population, hundreds of new homes and nearly two dozen multifamily developments totaling over 2,000 residences have been built in the past five years and hundreds more are scheduled over the next couple of years. Viewridge Acres is an excellent opportunity for a developer to acquire a well located site in one of Washington’s fastest growing cities.

Investment Highlights

  • 38.40 acres of land located in the Samish neighborhood of Bellingham.
  • Located in Bellingham, a rapidly growing city..
  • Opportunity to develop the property into 5 to 6 dozen single family residences.

Exclusively Listed By

Listing Price: Request For Offer

Lot Size
38.40 acres
Land Type
Land

Investment Highlights

  • 38.40 acres of land located in the Samish neighborhood of Bellingham.
  • Located in Bellingham, a rapidly growing city..
  • Opportunity to develop the property into 5 to 6 dozen single family residences.

Investment Overview

Viewridge Acres is approximately 38.40 acres of land located in the Samish neighborhood of Bellingham. The site is nearly square shaped with the eastern half of the property situated on the high point of a ridge, while the western side has a gradual westward slope that can have views. Access to the site can be found off Dumas Avenue on the northwest, Adams Avenue on the southwest, Byron Avenue and San Juan Boulevard on the northeast. The site is entirely raw land covered mostly in trees and other vegetation. The opportunity for an investor is to develop the property into approximately 5 to 6 dozen single family residences with lot size minimums of 12,000 square feet on the northern half of the lot and 20,000 square feet on the southern half of the lot. Studies conducted by the current ownership support these estimates and take into account three identified wetlands within the parcel. Recent home sales on new construction in the area have ranged between $534,950 and $750,000. The nearest grocery store to the site is Haggen’s, located just under a mile to the west in a local commercial corridor. Downtown Bellingham and Western Washington University are both just over two miles from the site. Bellingham is a rapidly growing city of nearly 100,000. Over the past decade it has grown nearly 15%. The city is expected to add nearly 25,000 residents over the next 15 years. To cope with the increasing population, hundreds of new homes and nearly two dozen multifamily developments totaling over 2,000 residences have been built in the past five years and hundreds more are scheduled over the next couple of years. Viewridge Acres is an excellent opportunity for a developer to acquire a well located site in one of Washington’s fastest growing cities.

Exclusively Listed By

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