Sorry, Aris 360 isn’t in this area yet.

We are expanding to new markets each month. Check back soon for new listings!

Join us for exciting listings and expert advice. We're here to make your real estate dream a reality.

Listing Firm: COMPASS: Derek Buse

Bought With: COMPASS : Derek Buse

SOLD On January 10, 2025
NWMLS # 2319969

$5,500,000

  • Sold Price
  • - Beds
  • - Baths
  • - Sq.ft.

287 Arbel Way , Bellingham, WA 98229

Listings with the three tree icon are courtesy of NWMLS

About This Property

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. Welcome to lot 2 at Governors Point.

Buyer's Agent: Derek Buse • COMPASS

Listed by: Derek Buse • COMPASS

Aris360 Last Checked: Just Now (Jul 05, 2025 02:45 AM)

  • Source: NWMLS as Distributed by MLS Grid #2319969

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: Arbel
  • Zip/Postal Code: 98229
  • City: Bellingham

Payment Calculator

$3,847 per month
Principal & Interest
Home Insurance
Property Taxes

Down Payment

Down Payment
Are you a veteran?
Have a home sell?

Home Price

Find out the main costs involved in a home purchase in our Home Buying Guide.

Loan Detail

Interest Rate

According to icanbuy, the average interest rate for a 30-year fixed loan in 98102 is 7.009%. Compare current rates

Loan Term
Property Tax Rate
HOA Dues
PMI
  • Takes about 3 minutes
  • Won't affect your credit score
Get pre-qualified

Property Features

  • County
    • Chuckanut
  • Community
    • 860 - Bellingham
  • MLS Area
    • 860 - Bellingham
  • Longitude
    • -122.51083
  • Latitude
    • 48.667917
  • Project
    • Governors Point
  • 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.

  • Style
    • 41 - Res-Over 1 Acre
  • Lot Description
    • Adjacent to Public Land,
    • Dead End Street,
    • Paved,
    • Secluded,
  • Topography
    • Level,Sloped
  • Elevation
    • Feet
  • Water Source
    • Available,
    • In Street,
  • Septic or Sewer
    • Not Available,
  • Lot Size in Acres
    • 2

  • Building Total Area (Sq. Ft.)
    • 87556
  • Has View
    • Yes
  • Utilities
    • Common Area Maintenance,
    • Electricity Available,
    • Road Maintenance,
    • Snow Removal,
  • View Description
    • Bay,
    • Sound,
    • Territorial,

  • High School District
    • Bellingham
  • Jr. High School
    • Buyer To Verify
  • Elementary School
    • Buyer To Verify
  • High School
    • Buyer To Verify

  • Possession
    • Closing,
  • Association Fee
    • 5000
  • Property Type
    • Land
  • Association Fee Frequency
    • Annually
  • Property SubType
    • Land
  • Tax Year
    • 2024
  • Structure Type
    • Land,
  • Tax Amount
    • $4215
  • Status
    • Sold
  • Community Features
    • Gated
    • Trail(s)
  • Project
    • Governors Point

Recently Listed Properties In Bellingham, 98229

Sold
Sold — New Owner Found!

$ 150,500

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 1 Baths
  • 1024 sq. ft
Sold
Sold — New Owner Found!

$ 550,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 1450 sq. ft
Sold
Sold — New Owner Found!

$ 985,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 2 Baths
  • 2916 sq. ft
Sold
Sold — New Owner Found!

$ 1,150,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 3 Baths
  • 2996 sq. ft

Similar Properties In Bellingham, 98229

Sold
Sold — New Owner Found!

$ 749,900

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 3437 sq. ft
Sold
Sold — New Owner Found!

$ 355,000

  • Property Category:
  • Land

Listing provided by NWMLS
  • Beds
  • Baths
  • 0 sq. ft
Sold
Sold — New Owner Found!

$ 1,150,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 3 Baths
  • 2996 sq. ft
Sold
Sold — New Owner Found!

$ 230,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 1 Baths
  • 1296 sq. ft

Recently Viewed Properties In Bellingham, 98229

Sold
Sold — New Owner Found!

$ 150,500

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 1 Baths
  • 1024 sq. ft
Sold
Sold — New Owner Found!

$ 550,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 3 Beds
  • 2 Baths
  • 1450 sq. ft
Sold
Sold — New Owner Found!

$ 985,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 4 Beds
  • 2 Baths
  • 2916 sq. ft
Sold
Sold — New Owner Found!

$ 545,000

  • Property Category:
  • Single Family

Listing provided by NWMLS
  • 2 Beds
  • 1 Baths
  • 1416 sq. ft

Listing provided by NWMLS

Disclaimer: Based on information submitted to the MLS GRID as of Sat Jul 05 2025 . 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.

Jul 05, 2025 02:45 AM