507 E Wapato Avenue, Chelan, WA 98816
Local realty services provided by:Knipe Realty ERA Powered
Listed by: jonna hood
Office: windermere real estate midtown
MLS#:2530295
Source:NWMLS
507 E Wapato Avenue,Chelan, WA 98816
$699,000
- 5 Beds
- 2 Baths
- 2,460 sq. ft.
- Single family
- Active
Price summary
- Price:$699,000
- Price per sq. ft.:$284.15
About this home
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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Home facts
- Year built:1937
- Listing ID #:2530295
- Updated:June 24, 2026 at 11:43 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:1
- Flooring:Carpet, Ceramic Tile Floor, Laminate
- Kitchen Description:Dishwasher, Microwave, Refrigerator
- Bedroom Description:Main Level Bedrooms : 4, Upper Level Bedrooms : 1
- Basement:Yes
- Basement Description:Unfinished
- Living area:2,460 sq. ft.
Heating and cooling
- Heating:Forced Air, Heat Pump, Radiant
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1937
- Building area:2,460 sq. ft.
- Lot area:0.1 Acres
- Lot Features:Alley, Paved
- Construction Materials:Wood Exterior Finish
- Exterior Features:Fenced-Fully, Patio, Sprinkler System
- Foundation Description:Unfinished
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$699,000
- Price per sq. ft.:$284.15
- Tax amount:$3,512 (2026)
Features and amenities
- Appliances:Dishwasher, Refrigerator, Washer
- Laundry features:Washer
- Amenities:Cable TV, High Speed Internet, Sprinkler System, Water Heater
Parking
- Total parking spaces:5
- Parking description:Detached Carport, Driveway
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