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Listed by:Windermere Real Estate Midtown • Jonna Hood

$685,000

Est. payment - /mo

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5 Beds

1.75 Baths

2,460 SqFt

Active

507 E Wapato AVE Chelan, WA 98816

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Ryan Born

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,460 sqft

Price per Sqft $278

Subdivision Chelan

MLS Listing ID 2530295

Style 12 - 2 Story

Bedrooms 5

Full Baths 1

Year Built 1937

Annual Tax Amount $3,512

Lot Size 4,356 Sqft

Property Sub-Type Single Family Residence

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!

Location

State WA

County Chelan

Area 961 - Lake Chelan

Rooms

Basement Unfinished

Main Level Bedrooms 4

Interior

Interior Features Dbl Pane/Storm Window, Dining Room, Sprinkler System, Water Heater

Flooring Ceramic Tile, Laminate, Carpet

Fireplace false

Appliance Dishwasher, Microwave, Refrigerator, Stove(s)/Range(s), Washer

Exterior

Exterior Feature Wood

Amenities Available Cable TV, Fenced-Fully, High Speed Internet, Outbuildings, Outdoor Fireplace, Patio, Sprinkler System

View Y/N Yes

View Mountains

Roof Type Composition

Building

Lot Description Alley, Paved

Story Two

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Lake Chelan

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Breakdown

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