Ryan Lyden

507 E Wapato Avenue

Chelan, WA
$ 625,000 Beds 5 Baths 2 Sq 2,460
Monthly Estimate* How much can I afford?

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!

Active

  • Price
  • $ 625,000
  • City
  • Chelan
  • Bedrooms
  • 5
  • Full Bathrooms
  • 2
  • County
  • CHELAN
  • Half Bathrooms
  • 0
  • Area
  • Lake Chelan
  • Lot Size
  • 0.1 Acres
  • Zip
  • 98816
  • Sqr Footage
  • 2,460
  • Year Built
  • 1937
  • Taxes
  • $ 3512
  • Style
  • 2 Story
  • MLS#
  • 2570273
Listed By: Windermere Real Estate Midtown and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Maple Falls, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/18/2026 Listed $649,900
9/10/2026 4% - $625,000

Property vs Zip Code Average in 98816

Price
AVG $1.22M
$630K
Taxes
AVG $6,229
$3,512
Year Built
AVG 2003
1937
Visits
AVG 306
28
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

507 E Wapato Avenue Chelan, WA is a Single Family Home for sale at $625000 with 2460 sqft and a lot size of 0.1 Acres Acre(s). 507 E Wapato Avenue Chelan has 5 bedrooms, 2 baths and was built in 1937. The property's zip code is 98816 which is in Chelan, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Ryan Lyden

Ryan Lyden

Broker

360-927-2687

By pressing Contact Me, you agree that Weichert® may contact you via phone about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our Privacy Policy