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5462 Drayton Harbor RoadBlaine, WA 98230Price: $11,000,000

  • Price: $11,000,000
  • Est. Mortgage of $/month
  • 44 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jul 9, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $11,000,000List Price
  • 22.82Acreage
Listed by Sumiko Taku of Specialty Real Estate Group
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Rare 22.82-acre development tract within Resort Semiahmoo on Drayton Harbor. Recorded as Tract A, Drayton Hillside Phase 2 (Whatcom AF# 2031202052). Zoned RPR (Blaine BMC 17.38) with base density of 3 units per net acre - defined as gross acreage less public ROW and commercial uses. Per the Semiahmoo Resort Master Plan, Tract A falls within Cove District Zones 8/9/10, grouped at 6-10 dwelling units per acre with clustered multifamily encouraged due to slopes over 30%. Project would require PUD approval under BMC 17.68, with density bonuses of 10% each available for superior neighborhood design, superior building design, and clustering (BMC 17.68.130.A-C). Phase 2 final plat is recorded; Tract A would be reviewed as a new preliminary and final plat under current regulations. Mapped as active/potential landslide hazard area - applicant geotech assessment determines buildable area. City water and sewer at site; utilities underground. Private roads, community waterfront access. Subject to recorded CC&Rs, Vegetation Management Plan, conservation easement on lots 1-6, and geohazard setback line. Buyer to independently verify entitlement specifics with City of Blaine.

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Listing data courtesy of NWMLS as provided by MLS Grid as of July 16, 2026 9:29 PM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. Supplied Open House Information is subject to change without notice. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Listing data shown with the three tree icon are provided courtesy of NWMLS. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.  The data is deemed reliable but is not guaranteed.

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