Listed by Jonna Hood, Windermere Real Estate Midtown, (206) 682-1044
507 E Wapato Avenue
Chelan, WA 98816
5 Beds
2 Baths
2,460 sqft
5 Beds
2 Baths
2,460 sqft
Local Information
© Google
-- mins to
Description
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 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!
Open House
Sunday, May 31
1:00 PM to 4:00 PM
Home Highlights
Parking
Carport
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
$284
Listed
No Info
Last check for updates: about 2 hours ago
Listing courtesy of Jonna Hood
Windermere Real Estate Midtown
Source: NWMLS as distributed by MLS GRID, MLS#2530295
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: 5Has a CarportNo Attached GarageNo Open ParkingParking Spaces: 6Parking: 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: 2Days on Market: <1 days on Trulia |
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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: $699,000Price Per Sqft: $284 |
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: 2530295 |
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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: 2530295Offer 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 |
Price History for 507 E Wapato Avenue
| Date | Price | Event | Source |
|---|---|---|---|
| 05/29/2026 | $699,000 | Listed For Sale | NWMLS as distributed by MLS GRID #2530295 |
| 08/27/2021 | $405,000 | Sold | NWMLS as distributed by MLS GRID #1787949 |
| 06/14/2021 | $427,000 | Pending | NWMLS as distributed by MLS GRID #1787949 |
| 06/08/2021 | $427,000 | Listed For Sale | NWMLS as distributed by MLS GRID #1787949 |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $3,334 |
| Assessment | $475,403 |
Home facts updated by county records
Comparable Sales for 507 E Wapato Avenue
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 | |
0.28 | Single-Family Home | $507,500 | 07/21/25 | 3 | 2 | 1,536 | |
0.20 | Single-Family Home | $385,000 | 08/12/25 | 2 | 1 | 1,482 | |
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 | |
0.32 | Single-Family Home | $550,000 | 12/01/25 | 4 | 3 | 2,040 | |
0.65 | Single-Family Home | $500,000 | 01/28/26 | 4 | 1.5 | 1,620 | |
0.62 | Single-Family Home | $530,000 | 11/07/25 | 4 | 2 | 1,754 |
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Assigned Schools
These are the assigned schools for 507 E Wapato Avenue.
- Chelan Middle School
- 6-8
- Public
- 324 Students
6/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Holden Village Community School
- K-12
- Public
- 7 Students
NAGreatSchools RatingParent Rating AverageN/AStudent Review19y ago - Morgen Owings Elementary School
- K-5
- Public
- 489 Students
4/10GreatSchools RatingParent Rating AverageMy two sons have attended Morgen Owings Elementary for the past six years and they have received a great education from caring, talented teachers who put in extra effort to help every child succeed. We came from a private school in Medina, WA (Bellevue) that was world class and I believe the life experience they are getting at MOE, in addition to a great education, has helped them grow in a diverse community.Parent Review7y ago - Chelan High School
- 9-12
- Public
- 446 Students
6/10GreatSchools RatingParent Rating AverageI am currently a senior at Chelan High School and I love it. The teachers and school officials genuinely care about every student. Advanced placement classes are great and now as I am going on to college, I know that my education in Chelan has prepared me to succeed. Thank you Chelan!!Student Review15y ago 
Check out schools near 507 E Wapato Avenue.
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.
LGBTQ Local Legal Protections
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Jonna Hood, Windermere Real Estate Midtown
Based on information submitted to the MLS GRID as of 2026-05-29 23:19:31 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
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 May 29, 2026. The MLS # for this home is MLS# 2530295.