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Listed by: Amy Bowhay (360) 325-6323 | RE/MAX Whatcom County, Inc. (360) 647-1313
$350,000
Monthly Est:$1,742
-- Bed
-- Bath
16,553sqft lot
5887 Cedar St, Ferndale, WA 98248
$350,000
$1,742/moEst:
Get Pre-Approved
Residential Lot
Built in -
$-- HOA
16,553 sqft lot
$21/sq.ft
Description
Prime RM1.5 high density multifamily site offering exceptional development potential in the heart of Ferndale. Zoning supports 15+ units per acre with building heights up to 55 ft, plus this lot has the unique benefit of reduced 3' side setbacks on the north and south lot lines to maximize buildable area. Current concept plan features a 12-unit townhome community with a mix of 2 & 3 bedroom layouts, each designed with 2-car garages. Large, level, and cleared 16,553 sqft lot with 92 ft of street frontage. All prior foundations and structures have been fully demo'd and utilities capped at the street. Extensive feasibility completed, including proposed site plan, building & utilities, elevations & landscape plans. Surrounded by several newly completed multifamily projects, this location has already proven itself as a profitable development corridor. Property may qualify for the City of Ferndale’s Property Tax Exemption program—a compelling advantage for investors and builders. Buyer to verify all development details with the City of Ferndale. Outside the flood zone.
- Houzeo last checked: 11 hours ago
- Listing updated: September 22, 2026 at 6:39 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2548858
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
16,553 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2548858
MLS Status
Active
Days on Market
74
Cumulative Days on Market
74
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
In Street
Utilities & Energy
Water Source
In Street
Utilities
Electricity Available, Natural Gas Available
Other Features
Lot Features
Paved
Subdivision Name
Ferndale
Price History
| Date | Event | Price |
|---|---|---|
07/19/2026 Source: | Listed for Sale | $350,000 -12.50% $0/sqft |
07/19/2026 Source: | Price Increased | $400,000 +14.29% $0/sqft |
07/19/2026 Source: | Price Increased | $350,000 +42.86% $0/sqft |
11/15/2018 Source: | Sold | $245,000 $0/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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 is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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