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  • Listed by: Windermere RE/Lk Chelan Dwntwn • Rhett J. Crow
    Price cut: $30K (7/2)
    $895,000

    118 Porcupine Lane, Chelan, WA 98816

    3beds
    1,558sqft
    : 
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    Single Family Residence
    Built in 2017
    4,791 Square Feet Lot
    $876,800 Zestimate®
    $574/sqft
    $490/mo HOA

    What's special

    Queen guest roomMedia spaceWrap-around deckBuilt-in banquet diningGas fire pit
    Welcome to 'Where the Wild Things Are' at The Lookout at Lake Chelan. A fully furnished 3-bedroom, 2.5-bath home with gorgeous views of Lake Chelan and a strong history of rental income. This 1,558 sqft, three-story retreat comfortably sleeps 8 and is ideal for a getaway or investment opportunity. The top floor features a spacious private primary suite with a king bed and en-suite bath. The lower level includes a queen guest room, bunk room with four built-in bunks, full bath, and media space. The main floor offers a modern kitchen with stainless appliances, open living area with fireplace, and built-in banquet dining. Enjoy seamless indoor-outdoor living with a wrap-around deck, gas fire pit, private 6-person hot tub, and expansive 400 sq ft patio, all with beautiful up lake views of Lake Chelan! Community amenities include a private marina and waterfront, parks, playgrounds, heated pools, hot tubs, sport courts, and on-site rental management. Rental Income Data Available!
    137 days
    |
    228
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Rhett J. Crow,

    Windermere RE/Lk Chelan Dwntwn

    Source: NWMLS as distributed by MLS GRID,MLS#: 2484788MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Primary bedroom
      • Level: Second
      Bedroom
      • Level: Lower
      Bedroom
      • Level: Lower
      Bathroom full
      • Level: Lower
      Bathroom three quarter
      • Level: Second
      Other
      • Level: Main
      Dining room
      • Level: Main
      Entry hall
      • Level: Main
      Family room
      • Level: Lower
      Kitchen with eating space
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Forced Air, Heat Pump, Electric
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric
      Features
      • Bath Off Primary
      • Flooring: Hardwood, Laminate, Carpet
      • Basement: Finished
      • Has fireplace: No
      • Fireplace features: Gas
      Interior area
      • Total interior livable area: 1,558 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Off Street
      • Uncovered spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Main
      • Patio & porch: Bath Off Primary, Water Heater
      • Pool features: Community
      • Has spa: Yes
      • Has view: Yes
      • View description: Lake, Mountain(s), Territorial
      • Has water view: Yes
      • Water view: Lake
      Lot
      • Size: 4,791 Square Feet
      • Features: Dead End Street, Paved, Deck, Fenced-Fully, Hot Tub/Spa, Patio, Propane
      • Topography: Level,Terraces
      Details
      • Parcel number: 272211598217
      • Zoning description: Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: See Remarks,2 Stories w/Bsmnt
      • Property subtype: Single Family Residence
      Materials
      • Cement Planked, Cement Plank
      • Foundation: Poured Concrete
      • Roof: Metal
      Condition
      • Very Good
      • Year built: 2017
      • Major remodel year: 2017

      Utilities & green energy

      • Electric: Company: Chelan County PUD
      • Sewer: Available, Company: City of Chelan
      • Water: Public, Company: City of Chelan
      • Utilities for property: Localtel, Localtel

      Community & HOA

      Community
      • Features: CCRs, Park, Playground, Trail(s)
      • Subdivision: Chelan
      HOA
      • Services included: Common Area Maintenance, Maintenance Grounds, Road Maintenance, Snow Removal
      • HOA fee: $490 monthly
      • HOA phone: 360-630-7540
      Location
      • Region: Chelan

      Financial & listing details

      • Price per square foot: $574/sqft
      • Tax assessed value: $1,069,224
      • Annual tax amount: $7,476
      • Date on market: 2/26/2026
      • Cumulative days on market: 139 days
      • Listing terms: Conventional
      • Inclusions: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

        Estimated market value

        $876,800

        $833,000 - $921,000

        $2,840/mo

        Price history

        DateEventPrice
        7/2/2026Price change$895,000-3.2%$574/sqft
        Source: NWMLS as distributed by MLS GRID #2484788 Report a problem
        4/6/2026Price change$925,000-5.1%$594/sqft
        Source: NWMLS as distributed by MLS GRID #2484788 Report a problem
        2/27/2026Listed for sale$975,000+25%$626/sqft
        Source: NWMLS as distributed by MLS GRID #2484788 Report a problem
        10/6/2020Sold$780,000+31%$501/sqft
        Source: NWMLS as distributed by MLS GRID #1673655 Report a problem
        8/11/2017Sold$595,286$382/sqft
        Source: NWMLS as distributed by MLS GRID #888806 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$7,476 +10.4%$1,069,224 +6.5%
        2023$6,773 +6.3%$1,004,411 +13.7%
        2022$6,372 +25.6%$883,429 +50.7%
        2021$5,074 +2.4%$586,388 +6.4%
        2020$4,953 +13.4%$550,920 +14.1%
        2018$4,369 +3.1%$483,011 +14.4%
        2017$4,236 $422,106 +142.4%
        2016-- $174,150
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 98816

        Getting around

        10 / 100
        Car-Dependent
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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