507 E Wapato Avenue, Chelan, WA 98816
Property image
Property image
FOR SALE

$649,900

  • 5 Beds
  • 2 Baths
  • 2,460 sqft

507 E Wapato Avenue, Chelan, WA 98816

Est. Mortgage $3,762/mo*
Get Pre-Qualified
We estimate this home will sell faster than 88% nearby.

Home Highlights

Parking
Carport
Outdoor
Yes
HOA
None
Price/Sqft
$264
Climate Control
Forced Air, Heat Pump & Ductless
Listed
13 days ago

Local Information

  • Map ViewExplore the area around 507 E Wapato Avenue.
  • Schools2 Elementary Schools2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

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!
We estimate this home will sell faster than 88% nearby.
Last check for updates: about 9 hours ago
Listing courtesy of Jonna Hood
Windermere Real Estate Midtown
Source: NWMLS as distributed by MLS GRID, MLS#2570273

Home Details for 507 E Wapato Avenue

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 13Types of Rooms: Master Bedroom, Bedroom, Bathroom Full, Bathroom Three Quarter, Dining Room, Entry Hall, Family Room, Kitchen Without Eating Space, Living Room, Utility Room
Beds & Baths
Number of Bedrooms: 5Main Level Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2460 Square Feet
Appliances & Utilities
Utilities: LocaltelAppliances: Dishwasher, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: BasementDishwasherMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Heat Pump,Radiant,ElectricHas CoolingAir Conditioning: Ductless,Forced Air,Heat PumpHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Company: Chelan PUD
Windows, Doors, Floors & Walls
Window: Dbl Pane/Storm WindowFlooring: Ceramic Tile, Laminate, Carpet
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoEntry Location: MainFloors: Ceramic Tile, Laminate, Carpet
View
Has a ViewView: Mountain(s)

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Dbl Pane/Storm Window, Dining Room, Sprinkler System, Water HeaterVegetation: Garden SpaceFoundation: Poured Concrete
Parking & Garage
Number of Covered Spaces: 1Open Parking Spaces: 4Has a CarportNo Attached GarageNo Open ParkingParking Spaces: 5Parking: Detached Carport,Driveway
Frontage
Road Frontage: AlleyNot on Waterfront
Water & Sewer
Sewer: Sewer Connected, Company: City of Chelan
Farm & Range
Does Not Include Irrigation Water Rights
Surface & Elevation
Topography: LevelElevation Units: Feet

Days on Market

Cumulative Days on Market: 75Days on Market: 13

Property Information

Year Built
Year Built: 1937Year Renovated: 2022
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: 2 Story
Building
Construction Materials: Wood Siding
Property Information
Condition: Very GoodIncluded in Sale: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)Parcel Number: 272213512538

Price & Status

Price
List Price: $649,900Price Per Sqft: $264
Status Change & Dates
Possession Timing: Negotiable, See Remarks

Location

Direction & Address
City: ChelanCommunity: Chelan
School Information
High School District: Lake Chelan

Agent Information

Listing Agent
Listing ID: 2570273

Building

Building Area
Building Area: 2460 Square Feet

Community

Not Senior Community

HOA

HOA Fee: No HOA Fee

Lot Information

Lot Area: 4356 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Conventional, FHA, VA Loan

Miscellaneous

BasementMls Number: 2570273Offer Review: Seller intends to review offers upon receiptShowing Requirements: Appointment Only, Call Owner, MLS Keybox, See Remarks

Additional Information

Internet Entire Listing Display YN C

What Locals Say about Chelan

At least 17 Trulia users voted on each feature.
  • 95 % Say it's dog friendly

  • 88 % Say kids play outside

  • 83 % Say there's holiday spirit

  • 76 % Say there's wildlife

  • 75 % Say it's walkable to grocery stores

  • 74 % Say parking is easy

  • 74 % Say car is needed

  • 67 % Say people would walk alone at night

  • 65 % Say it's walkable to restaurants

  • 65 % Say they plan to stay for at least 5 years

  • 65 % Say streets are well-lit

  • 60 % Say yards are well-kept

  • 55 % Say there are sidewalks

  • 54 % Say it's quiet

  • 47 % Say neighbors are friendly

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Heather C. M.
    "We have movie nights during the summer months. in winter there are a bunch of ski areas. For Halloween the whole town participates."
  • Mia Cauley
    "Beautiful small town with the amenities of a big city. Wineries and craft cider houses within walking distance. Also the beach and walking trail are close by."
  • Mia Cauley
    "Kids can ride their bikes or scooters into town to school or down to the beach. This is a very active and safe community."

Market trends in Chelan

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
144
3
MoM

Home Value

Trulia Estimate
$624K
Since last month
Decreased$27K (-4%)
Since last year
Increased$101K (+18.8%)
Since last sale
Increased$234K (+57.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +152% in the last 10 years
MonthEstimated value
2026
August 2026$639K
July 2026$666K
June 2026$682K
May 2026$700K
April 2026$567K
March 2026$563K
February 2026$545K
January 2026$550K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.14
Single-Family Home
$635,000
11/14/25
3
2.5
1,849
0.11
Single-Family Home
$599,000
07/20/26
3
2.5
1,248
0.50
Single-Family Home
$495,000
04/24/26
4
1.5
1,704
0.16
Single-Family Home
$634,000
12/10/25
2
2
1,772
0.43
Single-Family Home
$585,000
10/10/25
4
3
2,728
0.54
Single-Family Home
$565,000
02/27/26
4
2
1,823
0.53
Single-Family Home
$475,000
06/16/26
3
2
1,694
0.32
Single-Family Home
$550,000
12/01/25
4
3
2,040
0.51
Single-Family Home
$685,000
08/10/26
5
3.5
2,778
0.42
Single-Family Home
$685,000
07/09/26
3
3
2,914

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.07
-
-
-
-
Off Market
0.04
$578,700
3
1.5
1,431
Off Market
0.06
$200,000
1
1
652
Recently Sold
0.07
$250,000
-
-
-
Recently Sold
0.11
$599,000
3
2.5
1,248
Recently Sold
0.12
$595,600
3
2.5
1,676
Off Market
0.11
$647,400
3
2
3,380
Off Market
0.10
$409,900
3
1.5
1,260
For Sale
0.11
$409,900
3
1.5
1,260
For Sale
0.12
$423,900
2
1
832
Off Market
0.12
$409,900
3
1.5
1,260
For Sale

Price and Tax history

DateEventPrice
Aug 18, 2026
Source: NWMLS as distributed by MLS GRID #2570273
Listed For Sale
$649,900
Aug 27, 2021
Source: NWMLS as distributed by MLS GRID #1787949
Sold
$405,000
Jun 14, 2021
Source: NWMLS as distributed by MLS GRID #1787949
Pending
$427,000
Jun 8, 2021
Source: NWMLS as distributed by MLS GRID #1787949
Listed For Sale
$427,000

LGBTQ Local Legal Protections

Jonna Hood, Windermere Real Estate Midtown
Based on information submitted to the MLS GRID as of 2026-08-31 03:59:36 PDT. 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, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information

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Frequently asked questions about 507 E Wapato Avenue

  • What is the estimated monthly payment for 507 E Wapato Avenue?
    Based on a $649,900 list price with 20% down at today's rates, the estimated monthly payment for 507 E Wapato Avenue in Chelan, WA is approximately $3,859 (about $3,421 principal & interest, $363 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Chelan?
    Residents describe Chelan, WA as dog-friendly, walkable to grocery stores, and easy to park in. See homes for sale in Chelan, WA.
  • What are the closest schools to 507 E Wapato Avenue?
    The closest schools to 507 E Wapato Avenue in Chelan, WA are Chelan High School (rated 3/10), Chelan Middle School (rated 8/10), Holden Village Community School (Elementary/Middle/High).
  • What is 507 E Wapato Avenue estimated to be worth?
    Trulia's estimated value for 507 E Wapato Avenue in Chelan, WA is $623,600.
  • Does 507 E Wapato Avenue have air conditioning?
    Yes, 507 E Wapato Avenue in Chelan, WA has air conditioning.
  • How big is the lot at 507 E Wapato Avenue?
    The lot at 507 E Wapato Avenue in Chelan, WA is about 0.10 acres (4,356 sq ft).
507 E Wapato Avenue, Chelan, WA 98816 is a 5 bedroom, 2 bathroom, 2,460 sqft single-family home built in 1937. This property is currently available for sale and was listed by NWMLS as distributed by MLS GRID on Aug 18, 2026. The MLS # for this home is MLS# 2570273.