507 E Wapato Avenue, Chelan, WA 98816
- $685,000
- 5
- BD
- 2
- BA
- 2,460
- SqFt
Listing courtesy of Windermere Real Estate Midtown.
- List Price
- $685,000
- Status
- ACTIVE
- MLS#
- 2530295
- Price Change
- ▼ $14,000 1782955960
- Days on Market
- 50
- Bedrooms
- 5
- Finished SqFt
- 2,460
- Area Total SqFt
- 2460
- Annual Tax Ammount
- 3512
- Internet Provider
- Localtel
- Lot Size (sq ft)
- 4,356
- Sewer
- Sewer Connected
Property Description
Opportunity awaits in the heart of Lake Chelan! Extensively renovated with a studs-out remodel in 2022 and over $225,000 invested in upgrades, this turnkey property offers a perfect blend of modern comfort, prime location, & income-producing potential. Just blocks from the lake & downtown, this home is ideally positioned as either a full-time residence, vacation retreat, or high-performing short-term rental. This spacious 5 bedroom 2,460-square-foot home features a fully fenced & shaded front yard creating a welcoming outdoor retreat, while the private back patio is designed for entertaining with covered dining, sectional seating around a firepit, and detached storage shed. Inside, nearly every surface & system has been updated, including flooring, appliances, bathrooms, HVAC (AC!), electrical, plumbing, windows, and more. The living room is anchored by a charming bay window framing beautiful mountain views an expansive dining area comfortably seating 10 guests, 3 bedrooms & a tiled bath with radiant flooring. Two light-filled oversized bedrooms upstairs sharing a full bath. A massive unfinished attic presents potential for future expansion — a bunk room or play area. Thoughtfully redesigned, this move-in-ready property offers flexibility, charm, & proven rental performance in one of Washington’s most sought-after vacation destinations. Inspection report & rental statements available. Schedule a private tour today!
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Additional Information
- Community
- Chelan
- Style
- 12 - 2 Story
- Basement
- Unfinished
- Year Built
- 1937
- Total Covered Parking
- 1
- View
- Mountains
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, High Speed Internet, Outbuildings, Outdoor Fireplace, Patio, Sprinkler System
- Tax Year
- 2026
- School District
- Lake Chelan
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Interior Features
- Dbl Pane/Storm Window, Dining Room, Sprinkler System, Water Heater
- Flooring
- Ceramic Tile, Laminate, Carpet
- Driving Directions
- Head east on Woodin, take Right at 4-way stoplight, and take immediate Left on Wapato Ave. 3-blocks in, the home will be on your left.
- Appliance
- Dishwasher, Microwave, Refrigerator, Stove(s)/Range(s), Washer
- Appliances Included
- Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Water Heater Location
- Basement
- Water Heater Type
- Electric
- Energy Source
- Electric
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.