$599,950

5 Beds 2 Baths 2,460 SQFT 0.10 Acres
Type: Contingent

507 E Wapato Avenue
Chelan, WA 98816

MLS#: 2570273
Presented by: Windermere Real Estate Midtown and 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!


 

Interior Features

Bedrooms

Bedrooms Lower0
Bedrooms Upper1
Main Level Bedrooms4
Total Bedrooms5

Bathrooms

3/4 Baths1
Bathrooms1.75
Baths Full Garage0
Baths Full Lower0
Baths Full Main0
Baths Full Upper1
Baths Half Garage0
Baths Half Lower0
Baths Half Main0
Baths Half Upper0
Baths Three Quarter Garage0
Baths Three Quarter Lower0
Baths Three Quarter Main1
Baths Three Quarter Upper0
Half Baths0
Total Baths2

Other Interior Features

Air Conditioning Y/NYes
BasementUnfinished
Fireplace Y/NNo
FlooringCeramic Tile, Laminate, Carpet
Heating Y/NYes
Interior AmenitiesDbl Pane/Storm Window, Dining Room, Sprinkler System, Water Heater
Power Production TypeElectric
Total Fireplaces0
Water Heater LocationBasement
Water Heater TypeElectric

General

AppliancesDishwasher, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Attached Garage No
Building Area Units0 sqft
Carport Y/NYes
CityChelan
CoolingCentral Air, Ductless, Forced Air, Heat Pump
CountyChelan
DirectionsHead 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.
Entry LocationMain
Facing DirectionSouth
Full Baths1
HOANo
HOA Fee$0
HeatingForced Air, Heat Pump, Radiant
High School DistrictLake Chelan
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Conventional, FHA, VA Loan
Living Area2,460 sqft
Lot Size Square Feet4,356 sqft
Lot Size UnitsSquare Feet
MLS Area961 - Lake Chelan
NWM_ShowMapLinkY
New ConstructionNo
PossessionNegotiable, See Remarks
Property ConditionVery Good
Property Style12 - 2 Story
Property SubtypeSingle Family Residence
Property TypeResidential
Public RemarksOpportunity 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
RoofComposition
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive Under Contract
StatusContingent
Structure TypeHouse
Subdivision NameChelan
Tax Annual Amount$3,512
Tax Year2026
TopographyLevel
ViewMountains
Water CompanyCity of Chelan
Year Built1937

Exterior

Building Area Total2,460 sqft
Covered Spaces1
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
InclusionsDishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Irrigation Water Rights Y/NNo
Lot FeaturesAlley, Paved
Lot Size Acres0.1
Parking FeaturesDetached Carport, Driveway
Parking Uncovered Total4
Site FeaturesCable TV, Fenced-Fully, High Speed Internet, Outbuildings, Outdoor Fireplace, Patio, Sprinkler System
Total Parking5
VegetationGarden Space
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
Elementary School N/A
High School N/A

  

Similar Properties

$599,950

5 Beds 2 Baths 2,460 SQFT 0.10 Acres
Type: Contingent

507 E Wapato Avenue
Chelan, WA 98816

MLS#: 2570273