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Every listing shows your estimated rebate.
The green number on each home is what could come back to you: the buyer-broker fee (typically 2 to 3%) minus our flat $9,750. No other search shows you this, because no other brokerage gives it back.
At a glance
1981 Main Street, Ferndale, WA, 98248
$6,500,000·NWMLS #2578592
Every completed rebate is published: see all 255 closings.
Listing data from NWMLS. Listing courtesy of Lyle Sorenson of Windermere RE Whatcom, Inc. Rebate estimate calculated by Arrivva.
How the rebate is calculated
- Buyer-broker fee at 2%
- $130,000
- Buyer-broker fee at 3%
- $195,000
- Arrivva flat fee
- - $9,750
- Estimated rebate range
- $120,000 to $186,000
*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies. How the rebate works
1981 Main StreetFerndale, WA 98248
Listing courtesy of Lyle Sorenson of Windermere RE Whatcom, Inc.




Property Highlights at a Glance - Zoning: City Center (CC) • 6 contiguous parcels. Incentives - SIGNIFICANT Permit and Tax Benefits. Building Size: ~220,000+ GSF • 5 stories + garage. Frontage: Main St, 1st Av, Alder St, and River Walk. Possible Seller Carry: $3,000,000 2nd note @ 6% I/O (36 mo.).The Ridgewater is a premier 1.25+ acre urban riverfront mixed-use development situated directly on the Nooksack River and Centennial Riverwalk Park in historic Downtown Ferndale, WA. Designed by Glenn Wells Architect, the 5-story podium projectfeatures 203 high-demand apartment units, 12,971 SF streetlevel commercial/retail space, and 270 structured parking stalls with panoramic views of Mount Baker and the river corridor. The asset seamlessly bridges urban downtown pedestrian vibrancywith the Pacific Northwest's outdoor lifestyle, commanding strong rental premiums across all floor plans.Shovel-Ready Trophy Waterfront Infill Positioned in the heart of Ferndale's downtown master plan. SIGNIFICANT municipal development incentives, tax abatements, and fee waiver programs are available for qualified developers (Request Confidential Underwriting Addendum).
| 3 weeks ago | Listing updated with changes from the MLS | |
| 3 weeks ago | Status changed to Active | |
| a month ago | Listing first seen on site |
Listing courtesy of Lyle Sorenson of Windermere RE Whatcom, Inc.
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: 2026-10-20 02:32 AM PDT
*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.
Questions about this listing
- How much could a buyer get back on 1981 Main Street, Ferndale, WA, 98248?
- Arrivva estimates a buyer rebate of $120,000 to $186,000 on this listing. The buyer-broker fee, typically 2 to 3% of the price, goes back to you minus Arrivva's flat $9,750 fee. Every completed rebate is published on the Arrivva results page. See every completed closing
- Who is the listing brokerage for 1981 Main Street, Ferndale, WA, 98248?
- Listing courtesy of Lyle Sorenson of Windermere RE Whatcom, Inc, per NWMLS listing #2578592. Arrivva is not the listing brokerage: Arrivva is a separate flat-fee brokerage that represents you as the buyer, with your interests first and no dual agency, ever. How Arrivva represents buyers
- How do I schedule a tour of 1981 Main Street, Ferndale, WA, 98248?
- Set up a quick chat with Arrivva by phone or video. The team confirms showing availability fast, tours the home with you, and walks you through offer strategy and the rebate math before you commit to anything. Set up a time to talk
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