Development opportunity, Priced well below Assessed Value. Value in the land. Four parcels. Older small rental home and even smaller vacant home on 11 city lots, totally 1.60 acres. The property is zoned for many downtown mixed uses i.e. multifamily homes, apartments or town homes. Can also be boundary adjusted for more options. The property has several terraces, the upper tier offering great views of the city, Lake Chelan and surrounding foothills The property is served by city water, sewer and PUD power. The structures are in fair condition, but not financeable,. Good access off Allen Ave. A portion of Chelan St has also been vacated to expand the acreage to just shy of 2 acres.
Sold
Listed by: Windermere RE/Lk Chelan Midtwn
Bought with: Windermere RE/Lake Chelan
$550,000
524 E Allen Avenue, Chelan, WA 98816
2beds
1,480sqft
Single Family Residence
Built in 1916
1.6 Acres Lot
$543,400 Zestimate®
$372/sqft
$2,385 Estimated rent
Home value
$543,400
$478,000 - $614,000
$2,385/mo
Zestimate® history
Owner options
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$2,385/mo
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$2,385/mo
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$3,238/mo
Est. payment
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$3,238/mo
Est. payment
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List your homeWhat's special
Lake chelanSeveral terracesSurrounding foothillsVacant home
Zillow last checked:
Listing updated:
Listed by:
Joe Collins,
Windermere RE/Lk Chelan Midtwn
Bought with:
Morgan O. Picton, 13968
Windermere RE/Lake Chelan
Source: NWMLS as distributed by MLS GRID,MLS#: 2346240
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Entry hall
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Heating
- Baseboard, Electric
Cooling
- Insert
Appliances
- Included: Water Heater: electric, Water Heater Location: main floor
Features
- Flooring: Vinyl, Carpet
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 968
- Total interior livable area: 1,480 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Water Heater
- Has view: Yes
- View description: City, Lake, Territorial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 1.60 Acres
- Features: Dead End Street, Paved, Value In Land, Outbuildings
- Topography: Level,Partial Slope,Rolling,Sloped,Terraces
- Residential vegetation: Garden Space
Details
- Parcel number: 272213512215
- Zoning: DMR
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Fair
- Year built: 1916
- Major remodel year: 1916
Utilities & green energy
- Electric: Company: Chelan County PUD
- Sewer: Sewer Connected, Company: City of Chelan
- Water: Public, Company: City of Chelan
Community & neighborhood
Location
- Region: Chelan
- Subdivision: Chelan
HOA & financial
Other financial information
- Total actual rent: 750
Other
Other facts
- Cumulative days on market: 218 days
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Sold | $550,000-15.4%$372/sqft |
Source:  NWMLS as distributed by MLS GRID #2346240 Report a problem | ||
| 6/13/2025 | Pending sale | $650,000$439/sqft |
Source: NWMLS as distributed by MLS GRID #2346240 Report a problem | ||
| 3/18/2025 | Listed for sale | $650,000+30%$439/sqft |
Source: NWMLS as distributed by MLS GRID #2346240 Report a problem | ||
| 4/2/2021 | Listing removed | -- |
Source:  Windermere Real Estate Report a problem | ||
| 3/9/2021 | Listed for sale | $499,900+3.1%$338/sqft |
Source: Windermere Real Estate/Lake Chelan-Midtown #1736820 Report a problem | ||
| 9/3/2020 | Listing removed | $485,000$328/sqft |
Source: Windermere Real Estate/Lake Chelan-Midtown #1582669 Report a problem | ||
| 3/23/2020 | Listed for sale | $485,000$328/sqft |
Source: Windermere Real Estate/Lake Chelan-Midtown #1582669 Report a problem | ||
| 1/31/2016 | Listing removed | $485,000$328/sqft |
Source: Windermere Real Estate/Lake Chelan #729344 Report a problem | ||
| 1/10/2015 | Listed for sale | $485,000$328/sqft |
Source: Windermere Real Estate/Lake Chelan #729344 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,887 +14.9% | $411,302 +11% |
| 2023 | $2,513 +38.1% | $370,708 +48% |
| 2022 | $1,819 +27.7% | $250,535 +53.5% |
| 2021 | $1,425 -0.8% | $163,244 +3% |
| 2020 | $1,437 +18.4% | $158,445 +19.1% |
| 2018 | $1,213 +2.7% | $133,006 +14% |
| 2017 | $1,181 -4.8% | $116,692 -11% |
| 2016 | $1,241 | $131,149 +28.3% |
| 2015 | $1,241 | $102,257 +3% |
| 2013 | $1,241 | $99,271 -2.5% |
| 2012 | -- | $101,834 -21.8% |
| 2011 | $1,135 -6% | $130,188 +2.3% |
| 2010 | $1,208 | $127,316 -15% |
| 2008 | -- | $149,854 +112.1% |
| 2007 | -- | $70,647 |
| 2006 | -- | $70,647 |
Find assessor info on the county website
Neighborhood: 98816
Nearby schools
GreatSchools rating
- 3/10Morgen Owings Elementary SchoolGrades: K-5Distance: 0.2 mi
- 8/10Chelan Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Chelan High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Morgen Owings Elem
- Middle: Chelan Mid
- High: Chelan High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Washington
- Chelan County
- Chelan
- 98816
- 524 E Allen Avenue
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