507 E Wapato Avenue, Chelan, WA 98816

Courtesy of Windermere Real Estate Midtown

$649,900
5
BD
2
BA
2,460
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$649,900
Status
ACTIVE
Days on Market
74
MLS#
2570273
Subtype
Residential
Style
12 - 2 Story
Year Built
1937
Bedrooms
5
Bathrooms
2
Living Area
2,460
Lot Size
4,356
Acres
0.10
Subdivision
Chelan
Neighborhood
Chelan
MLS Area Major
Lake Chelan

Property Description

Opportunity awaits in the heart of Lake Chelan! Extensively renovated with a studs-out remodel in 2022 and over $200,000 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!

Additional Information

Interior Features
Dbl Pane/Storm Window, Dining Room, Sprinkler System, Water Heater
Exterior Features
Wood
Property Description
12 - 2 Story
Flooring
Ceramic Tile, Laminate, Carpet
Heating
Forced Air, Heat Pump, Radiant
Air Conditioning
Central Air, Ductless, Forced Air, Heat Pump
Levels
Two
Roof
Composition
Parking Features
Detached Carport, Driveway
School District
Lake Chelan
View
Mountains
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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks