2660 Thornton Rd - Thornton Redevelopment parcel 9.8 Acres of Residential Land Offered at $5,178,262 CAD in Ferndale, WA 98248

Idyllic and classic 3 bedroom farmhouse and farm in the path of progress. This lovely property is currently used as a hobby farm and has been lovingly upkept and worked as it should. The farmhouse is a picture perfect cape cod style surrounded by fruit trees, garden space, shady areas and framed with barns and outbuildings. A very livable situation while completing engineering, design work, and permitting. Annexed into the city as medium density residential in the past, the City of Ferndale has enveloped it into a rezone designed to create density with several different zoning changes. This 9.8 acre property is slated to be rezoned high density residential with a minimum unit count of 15 per acre. This site could reasonably support several hundred units with adequate water flow and storm at the street, a gently sloping grade towards Thornton for storm conveyance and some nice plateau areas at the top of the property. Immediately across Thornton from both an elementary school and a middle school, and just 5 minutes from I-5 and 6 minutes from downtown this is an ideal site for residential multi-family density. With expansive territorial and potential bay views to the Southwest, excellent sun and a rural feel while maintaining proximity to transportation and services, this is a real opportunity to create a very livable small community with good density and style. The final city council meeting and deliberation regarding the rezone is to take place on September 21.