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5887 Cedar Street #3, Ferndale, WA 98248

Ferndale
Local realty services provided by:CENTURY 21 Lund, Realtors
Listed by: amy bowhay
Office: re/max whatcom county, inc.
MLS#:2548858
Source:NWMLS
5887 Cedar Street #3,Ferndale, WA 98248
$400,000
  • 0.38 Acres
  • Lots / Land
  • Active

Price summary

  • Price:$400,000

About this home

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...

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Home facts

  • Listing ID #:2548858
  • Updated:July 27, 2026 at 11:21 AM

Structure and exterior

  • Lot area:0.38 Acres
  • Lot Features:Paved

Utilities

  • Water:In Street
  • Sewer:In Street

Finances and disclosures

  • Price:$400,000
  • Tax amount:$2,338 (2025)
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of July 27, 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Greg Lund

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