FOR AUCTION: GOVERNORS POINT, BELLINGHAM, WABANKRUPTCY AUCTION +/-125 Acres on Puget Sound | Residential Development OpportunityFirst time available in 50 yearsOpen Outcry Auction :: October 8Opening Bid :: $3,500,00INVESTMENT SUMMARYOn Thursday, October 8th, CBRE Auction Services is please to present for auction +/-125.84 acres of development land known as Governors Point in Bellingham, WA, a unique waterfront residential development opportunity on Chuckanut Bay, near the City of Bellingham, Washignton. With over 9,500' of Marine Shoreline this +/-125.84 acre property could be subdivided into multiple extraordinary estate homesites.Situated conveniently between Seattle, Washington and Vancouver, British Columbia, Canada the property is located on the Western Side of Pleasant Bay Road and just north of Cove Road, in Whatcom County.This property has just recently become available for the first time in over 50 years. This is an extremely unique opportunity to purchase iconic Governors Point with the San Juan Islands at your front door.INVESTMENT HIGHLIGHTS+/-125.84 acres with frontage on Puget SoundOver 9,500 feet of marine shoreline and dock rights to Pleasant BayWesterly views of the San Juan Islands8 legal Lots-of-Record with the potential for up to 25 iconic estate home sites with water viewsLocation just 6 miles south of Bellingham between Seattle, WA and Vancouver, BC45 miles south of Vancouver, BC and an hour north of Seattle via I-5Utilities to the siteExperience San Juan Island living without the ferry
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