$649,900
- 5 Beds
- 2 Baths
- 2,460 sqft
507 E Wapato Avenue, Chelan, WA 98816
Est. Mortgage $3,762/mo*
Get Pre-QualifiedWe 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
-- mins to
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
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MLS Status: Active |
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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) |
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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 |
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Cumulative Days on Market: 75Days on Market: 13 |
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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 |
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Price List Price: $649,900Price Per Sqft: $264 |
Status Change & Dates Possession Timing: Negotiable, See Remarks |
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Direction & Address City: ChelanCommunity: Chelan |
School Information High School District: Lake Chelan |
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Listing Agent Listing ID: 2570273 |
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Building Area Building Area: 2460 Square Feet |
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Not Senior Community |
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HOA Fee: No HOA Fee |
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Lot Area: 4356 sqft |
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Special Conditions: Standard |
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Listing Terms: Conventional, FHA, VA Loan |
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BasementMls Number: 2570273Offer Review: Seller intends to review offers upon receiptShowing Requirements: Appointment Only, Call Owner, MLS Keybox, See Remarks |
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Internet Entire Listing Display YN C |
Around this home
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.
Market trends in Chelan
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
144
3MoM
Home Value
Trulia Estimate
$624KSince 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
| Month | Estimated 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
| Date | Event | Price |
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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 |
| Year | Property tax | Tax assessment |
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| 2024 | $3,334 | $475,403 |
Home facts updated by county records
LGBTQ Local Legal Protections
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
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.

