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$350,000
129 Days On Site

5870 Portal Way
Ferndale, WA 98248

For Sale|Land|Active
Cumulative Days On Market:
68
Subdivision:
Ferndale
County:
Whatcom
Courtesy of NWMLS
Listing courtesy of Tim Cornwell of eXp Realty
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
5870 Portal Way5870 Portal Way5870 Portal Way5870 Portal Way
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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.

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Listing Snapshot
Price 
$350,000
Days On Site 
129 Days
Bedrooms 
N/A
Inside Area (SqFt) 
0 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.39 Acres
Year Built 
N/A
MLS® Number 
2490543
Status 
Active
Property Tax 
$2,022
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoStatus changed to Active
4 months agoListing first seen on site
General Features
Acres 
0.39
Additional Property Use 
CommercialMulti-Family
Utilities 
Electricity ConnectedNatural Gas Available
Zoning 
RM1.5
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Exterior Features
Lot Features 
LevelPaved
Community Features
Financing Terms Available 
Cash
MLS Area 
870 - Ferndale/Custer
Roads 
Paved
School District 
Ferndale
Schools
School District
Ferndale
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Tim Cornwell of eXp Realty



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-07-26 11:50 PM PDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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