48 Eliza Island, Bellingham, WA, 98226
About This Home
Private island living at its best on Eliza Island. This high bank, west-facing waterfront cabin is perfectly positioned to capture stunning sunset views over the San Juan Islands. Recently remodeled, this 2-bedroom, 1-bath retreat features an open-concept main living area with floor-to-ceiling windows, warm bamboo flooring, and a durable metal roof—bringing in natural light while complementing the coastal setting. Designed for easy, off-grid living, the property includes a storage shed for all your beach and outdoor gear, with nearby beach access just a short walk or golf cart ride away. Spend your days exploring the shoreline, paddleboarding, beachcombing, or hosting laid-back weekends, then unwind each evening with breathtaking sunsets from your own cabin. Eliza Island is a private island community just 8 miles from Bellingham, offering beach access points, tideland rights, a private airstrip (WA93), park areas, and a full-time caretaker. Primarily a vacation destination, this is a rare opportunity to own a peaceful Pacific Northwest getaway. Ideal for personal use or shared ownership with friends or loved ones.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Good
- Year built: 1965
Materials
- Foundation: Poured Concrete
- Roof: Metal
- Construction materials: Wood Siding
Notable Dates
- Major remodel year: 1965
Type & Style
- Home type: SingleFamily
- Architectural style: Cabin,1 Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator,Stove(s)/Range(s),Refrigerator(s),Water Heater: Propane,Water Heater Location: Hall Closet
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Entry Hall
- Level: Main
Features
- Flooring: Bamboo/Cork
- Fireplace features: See Remarks,Wood Burning
Heating & Cooling
- Heating features: Stove/Free Standing,Wall Furnace,Propane,Wood
- Cooling features: None
Interior Area
- Total structure area: 726
- Total interior livable area: 726 sqft
Kitchen With Eating Space
- Level: Main
Living Room
- Level: Main
Property
Details
- Parcel number: 3702321934180000
- Zoning: EI
- Zoning description: Jurisdiction: County
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Water Heater
- Has view: Yes
- View description: Bay,Ocean,Sea,Sound
- Has water view: Yes
- Water view: Bay,Ocean,Sea,Sound
- On waterfront: Yes
- Waterfront features: High Bank,Ocean Front,Saltwater,Sea,Sound
- Topography of land: Partial Slope,Steep Slope
- Residential vegetation: Brush,Wooded
Lot
- Lot size: 0.46 Acres
- Features: Secluded,Deck,Outbuildings,Propane
- Lot size dimensions: 111.99 x 157.99 x 97.21
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Avalanche
- Coastal Flooding
- Earthquake
How This Home’s Risks Compare
FEMA Declared Disasters in Whatcom County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,693 | $20,316 |
| Home Insurance * | $60 | $720 |
| Property Taxes | $189 | $2,268 |
| Electricity | $149 | $1,793 |
| Total | $2,091 | $25,092 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-14 | Listed for sale | $335,000 |
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