Property Details

5870 Portal Way , Ferndale, WA 98248
Ferndale, WA 98248
$350,000
MLS# 2490543 courtesy of NWMLS Listing firm: eXp Realty

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5870 Portal Way , Ferndale, WA 98248, Ferndale

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5870 Portal Way , Ferndale, WA 98248, Ferndale

1 / 8
0.0
Baths
0.39
Acres

About This Home

Prime High Density Multifamily Development Opportunity Positioned for efficient infill development, this 16,988 square foot (0.39-acre) parcel offers a rare opportunity in Ferndale’s Residential Multifamily High (RMH) zone, allowing 15 or more units per acre and building heights up to 55 feet. The site features a functional, buildable footprint with approximately 78 feet of frontage and 247 feet of depth, providing flexibility for a well-designed multifamily project. Conceptual planning supports a three-story apartment development in the 9 to 10 unit range, totaling approximately 12,000 square feet, with parking in the range of 16 to 20 stalls achievable through an efficient site layout. This property is well suited for developers seeking a high-density infill opportunity with a clear path to development and flexibility in design, including townhomes, small-scale multifamily, or a hybrid concept. With minimal excess land and a layout that naturally supports development, this is a strong opportunity for builders targeting a clean, efficient, and profitable project. Buyer to verify all development potential, density, parking, and design requirements with the City of Ferndale.

Property Details

Property Information

Property Type Land
Subtype Land
Status Active
County Whatcom
Neighborhood Ferndale
Listed Mar 19, 2026

Interior Features

Bathrooms 0.0

Exterior & Lot

Lot Size 0.39 sqft
Sewer On Property
Water Source On Property
Utilities Electricity Connected, Natural Gas Available
Lot Features Paved, Sidewalk

Location

City Ferndale
County Whatcom
Coordinates 48.85459, -122.58705

Schools

School District Ferndale

Additional Information

Tax Year 2025
Annual Taxes $2,022
Possession Array

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Estimated Monthly Payment
$0

Provided by Beyond Real Estate, LLC

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Down Payment Assistance Available

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Listed By
Tim Cornwell
eXp Realty

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