267 Arbel Way
267 Arbel Way, Bellingham, WA 98229 · Whatcom County
$5,700,000
60,984 sq ft · 1.4 acres
9 cumulative days on market
Size
60,984 sq ft · 1.4 acres
Price / sq ft
$93.47
Lots under 2 acres are quoted by the lot, not the acre
Annual tax
$28,842
2026 assessment

Listing Broker: COMPASS; Derek Buse; 360-599-0379; derek.buse@compass.com
About this parcel
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. Property extends to the mean low tide mark allowing access and recreation on each property at Governors Point. San Juan Island lifestyle without the hassle of the ferry system.
Written by the listing broker. On land this is the primary source for anything beyond price, acreage, and utilities — the MLS publishes no structured zoning, topography, or water-right data — so read it closely, and verify it.
Highlights
- Adjacent to Public Land
- Dead End Street
- Paved
- Secluded
Location
A single point from the MLS, not a boundary. Parcel lines come from the county assessor and a survey — ask us for the map before you walk it.
Listing information is provided courtesy of the Northwest Multiple Listing Service (NWMLS). The information contained in this listing has not been verified by Cascadian Farm and Land and should be independently verified. Data is deemed reliable but is not guaranteed. Copyright © 2026 Northwest Multiple Listing Service. All rights reserved.