Listed by Bob Sandoz • Windermere RE Whatcom, Inc.
For sale
$6,200,000
Est. $33,451/mo —
Land
•
24.53
acres (lot)
5094 Labounty Rd, Ferndale, WA 98248
About this home
Cooper Village offers fully entitled land for sale on LaBounty Road in Ferndale, WA, in a rapidly growing area of Whatcom County. The proposed development includes 310 housing units: 246 multi-family units, 50 townhomes, and 14 live-work units, along with a 4,200 square foot commercial building for retail or food and beverage. Additionally, there’s a freeway-oriented commercial pad site (10,000 - 30,000 square feet) suitable for RV/boat storage or future commercial use. Complete land use permitting was secured on August 29, 2024, including preliminary civil design and critical areas mitigation approval. This fully entitled property offers a turnkey development opportunity, significantly speeding up the time to market.
The main intent of the residential multifamily - medium density (RMM) zone is to provide housing opportunities in a variety of forms at urban densities of between 10 and 30 units per gross acre. The zone has been established in those areas of the City which predominantly consist of legal lots of record of one acre or more, thus enabling a variety of housing forms as well as the establishment of amenities and infrastructure necessary to serve the development, as compared to multifamily development on smaller properties that may have diminished opportunity to plan for or to establish comprehensive developments.; By requiring densities of between 10 and 30 units per gross acre, the medium density zone also acts as a transition zone between single-family residential zones and more dense multifamily, mixed use, or commercial zones.; The site and building design guidelines contained in this chapter are intended to provide applicants with a general description of the City’s expectations for design that will create a safe and attractive sense of place for the community and residents. Substantial flexibility is provided in order for applicants to identify creative, site-specific steps to address these issues.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Senior
Public service
Aug 15, 2024 • Final
Planning
Addition
New construction
Jan 12, 2024 • Final
Planning
Grading
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 82° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
8 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
Ferndale, WA • 98248
Average low and high temperatures (°F)
45
36
45
35
52
40
60
43
65
49
70
53
75
56
75
57
70
54
58
46
50
42
47
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5094 Labounty Rd
$5,245,244
$955K under list price of $6.20M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $520K to $1.2M.