4121 Malachite Drive

Map

$250,000

● Land - Pending Feasibility

4121 Malachite Drive

Bellingham, WA 98226

Studio

0 Bath

About This Property

Prime Building Lot w/ Stunning Views of Bellingham Bay, City & Islands!This nearly half-acre lot is ready for your dream home, offering breathtaking views of the city, Bellingham Bay, and nearby islands. Located near Toad Lake-perfect for paddling, fishing, and swimming-this property is fully prepped for construction, with permitting, building plans, and architectural design already completed. The current design features 3,783 sq ft of total building area, including an approved ADU in the basement. A 4-bedroom septic system is installed, with a water permit from District 7, and natural gas and power available at the street. A completed survey is also included. Enjoy convenient access to I-5, Barkley Village, and downtown Bellingham.

Unit Size

Days on Market

Cumulative Days On Market

711 days

Land Size

0.49 acres

Price per sqft

Property Type

Land

Property Taxes

$127

HOA Dues

Year Built

Listed By

Anthony Zapata

Keller Williams Western Realty

Ben Kinney

[email protected]

Keller Williams - Bellingham

Payment Calculator (Computations Provided by RealtyHop)

Cap Rate Calculator

Last updated: 14 days ago (NWMLS #NWM2575369)

Price History

Date / Event	Date	Event
Oct 21, 2026	In contract	-
In contract

Aug 28, 2026	Listed by Keller Williams Western Realty	$250,000
Listed by Keller Williams Western Realty

Property Highlights

With View

Exterior Details

Building Name: Emerald Lake Div #3

Building Area Units: Square Feet

Lot Features: Corner Lot, Paved, Secluded, Dead End Street

Lot Size Area: 21344

Lot Size Units: Square Feet

Lot Size Acres: 0.49

Lot Size Square Feet: 21344

Water Source: Other

Financial Details

Tax Annual Amount: $1,521

Utilities Details

Sewer : On Property

Building Info

Overview

General

Bedroom Count: 0

Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 21,344

Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: EMERALD LAKE DIV NO 3
Land Acres: 0000000490
Standard Land Use Code: 1000
County Land Use Code: 9110
Legal Description 1: EMERALD LAKE DIV NO 3 LOTS 2-3-SUBJ TO COVENANT TO BIND PROPERTIES DESC AF 2018-1201102

Neighborhood

School District Name: Bellingham School District

Census Tract: 000101

Zoning

Zoning: RR2

Geography

Account Number: 190110

District: 501 F4 W7
Parcel: 380310-379025-0000
Lot: 2-3
Meridian: SEC 10 TWN 38 RNG 03
Municipality: 501 F4 W7
Latitude: 48.7904
Longitude: -122.407

Address

Full Address: 4121 Malachite Dr

Address - House Number: 4121
Address - Street Name: Malachite
Address - Suffix Type: Dr
State: WA
City Name: Bellingham
Carrier Code: R020
4-Digit Zip Code: 8725
Zip Code: 98226

Valuation

Tax

Tax Year: 2023

Tax Amount: $136,958
Initial Tax Delinquent Year: 2021
Tax Rate Code Area: 1070

Appraisal Valuation

Standard Deviation: 0.2287

Valuation Date: Jan 03, 2024
Confidence Score: 68
Final Value: 279,781
High Value: 343,771
Low Value: 215,792

Market Valuation

Market Total Value: $165,568

Market Land Value: $165,568

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $165,568
Assessed Land Value: $165,568

Sales

Current Sale Contract Date: Aug 10, 2022

Current Sale Recording Date: Aug 19, 2022
Current Sale Price:

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Current Sale Document Type: 71
Current Sale Input Document Number: 1841
Previous Sale Recording Date: Jan 17, 2020
Previous Sale Contract Date: Jan 15, 2020
Previous Sale Amount: $195,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Type:

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Previous Mortgage Loan Due Date:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Whatcom

Stats & Trends

Median Asking:

$639,700

Sale Price/ft²

$375

Below Asking

0.02%

Average Days on Market

Average Home Size

2035 ft²

Average Home Age

34.4 years

Currently For Sale

915 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3700 Beazer, Other, CA, 98226

$3,250 /mo

4 Beds
2 Baths
1,920 ft²

3700 Beazer, Other, CA, 98226 Listing by Daniel Gibbs

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Last Updated: 2026-10-21 05:03:23
Last Checked: 4 hours ago
Data Source: NWMLS, MLS# NWM2575369

Details provided by NWMLS as Distributed by MLS Grid and may not match the public record.
Based on information submitted to the MLS GRID as of Nov 03 2026. 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. IDX information provided is 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. Information is deemed reliable but is not guaranteed accurate by MLS Grid.