Address
507 E Wapato Avenue, Chelan, WA
Price
$ 649,900
Property Attributes
- ID#2570273
- TypeSingle Family
- CountyCHELAN
- CityChelan
- AreaLake Chelan
- NeighborhoodChelan
- Zip98816
- Style2 Story
- Year Built1937
- Taxes$ 3512
- Price$ 649,900
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2460
- Lot Size0.1 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
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!
| Price History | |
|---|---|
| 8/18/2026 | Listed $649,900 |
General Features
| Living Area | 2460 |
|---|---|
| Sewer | Sewer Connected |
| Heating | Forced Air,Heat Pump,Radiant |
| Cooling | Central Air,Ductless,Forced Air,Heat Pump |
| Possession | Negotiable,See Remarks |
| Roof | Composition |
| Appliances | Dishwasher,Microwave,Refrigerator,Stove(s)/Range(s),Washer |
| Security Features | Fully Fenced |
| Year Built | 1937 |
| View | Mountains |
| Topography | Level |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| County | Chelan |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Chelan |
| Facing Direction | South |
| Full Baths | 1 |
| Special Listing Conditions | None |
| Status | Active |
| 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. |
| City | Chelan |
| Entry Location | Main |
| Senior Community Y/N | No |
| High School District | Lake Chelan |
| MLS Area | 961 - Lake Chelan |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 4356 |
| Carport Y/N | Yes |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
| Land Lease Y/N | No |
| Tax Annual Amount | 3512 |
| Property Condition | Very Good |
| Public Remarks | 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 co |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | City of Chelan |
| Property Style | 12 - 2 Story |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Dbl Pane/Storm Window,Dining Room,Sprinkler System,Water Heater |
|---|---|
| Basement | Unfinished |
| Flooring | Ceramic Tile,Laminate,Carpet |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| 3/4 Baths | 1 |
| Total Bedrooms | 5 |
| Main Level Bedrooms | 4 |
| Total Baths | 2 |
| Water Heater Type | Electric |
| Water Heater Location | Basement |
| Power Production Type | Electric |
| Baths Three Quarter Main | 1 |
| Bedrooms Upper | 1 |
| Baths Full Upper | 1 |
| Bathrooms | 1.75 |
Exterior Features
| Exterior Amenities | Wood |
|---|---|
| Vegetation | Garden Space |
| Parking Features | Detached Carport,Driveway |
| Lot Features | Alley,Paved |
| Water Source | Public |
| Total Parking | 5 |
| Inclusions | Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s) |
| Foundation Details | Poured Concrete |
| Building Area Total | 2460 |
| Lot Size Acres | 0.1 |
| Waterfront Y/N | No |
| Covered Spaces | 1 |
| Irrigation Water Rights Y/N | No |
| Site Features | Cable TV,Fenced-Fully,High Speed Internet,Outbuildings,Outdoor Fireplace,Patio,Sprinkler System |
| Parking Uncovered Total | 4 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98816
Price
Taxes
Year Built
Visits
In The Neighborhood
Just Listed
Chelan
$ 549,900
- Type
- Single Family | Active
- Size
- 1,615 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: Windermere RE/Lake Chelan
Just Listed
Chelan
$ 1,950,000
- Type
- Single Family | Active
- Size
- 5,464 SqFt
- Rooms
- 5 Beds + 4.5 Baths
Listed by: Windermere RE/Lk Chelan Dwntwn
Just Listed
Chelan
$ 115,000
- Type
- Single Family | Active
- Size
- 370 SqFt
- Rooms
- 0 Beds + 0 Baths
Listed by: Chelan Realty
Chelan
$ 1,295,000
- Type
- Single Family | Active
- Size
- 888 SqFt
- Rooms
- 1 Beds + 2 Baths
Listed by: Chelan Realty
Chelan
$ 1,350,000
- Type
- Single Family | Active
- Size
- 2,376 SqFt
- Rooms
- 3 Beds + 3.5 Baths
Listed by: Windermere RE/Lk Chelan Dwntwn
Chelan
$ 389,000
- Type
- Single Family | Active
- Size
- 934 SqFt
- Rooms
- 2 Beds + 1 Baths
Listed by: eXp Realty
Chelan
$ 325,000
- Type
- Single Family | Active
- Size
- 1,050 SqFt
- Rooms
- 2 Beds + 1 Baths
Listed by: Windermere RE/Lake Chelan
Chelan
$ 565,000
- Type
- Single Family | Active
- Size
- 1,599 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Windermere RE/Lake Chelan
Chelan
$ 850,000
- Type
- Single Family | Active
- Size
- 2,516 SqFt
- Rooms
- 4 Beds + 3 Baths
Listed by: John L. Scott, Inc
Chelan
$ 1,200,000
- Type
- Single Family | Active
- Size
- 2,200 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: John L. Scott Mill Creek
Chelan
$ 1,895,000
- Type
- Single Family | Active
- Size
- 2,609 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Listed by: eXp Realty
Open House
Manson
$ 560,000
- Type
- Single Family | Active
- Size
- 1,534 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: CB Cascade RE - Lake Chelan
