FIRST CLASS Cape Cod inspired great producing VACATION RENTAL in downtown Chelan, in the unique Highway Service Commercial Zoning District. Home is a completely turn-key 3bed/3.25bath, 2,183sqft two-story w/ a daylight rambler. Investment has an active STR permit in Chelan, & is easily transferable for the next owner, which is rare. This home is a guest favorite offering optimal interior/ exterior entertaining spaces such as a gourmet kitchen, great room, media room w/ wet bar, & an epic backyard patio & pool set up for summer conveniences. Lastly, location is a hop-skip-and-a-jump from lake access at Riverwalk Park, boat launch, trails to the Butte, all downtown shops & eateries. Most competitively priced Vacation Rental in the Valley.
Sold
Listed by: Windermere RE/Lake Chelan • Arturo Zavala
Bought with: Windermere RE/Lake Chelan
$690,000
721 E Wapato Avenue, Chelan, WA 98816
3beds
2,183sqft
Single Family Residence
Built in 2009
5,227 Square Feet Lot
$730,400 Zestimate®
$316/sqft
$3,379 Estimated rent
Home value
$730,400
$679,000 - $782,000
$3,379/mo
Zestimate® history
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$4,114/mo
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Zillow last checked:
Listing updated:
Listed by:
Arturo Zavala,
Windermere RE/Lake Chelan
Bought with:
Arturo Zavala, 116445
Windermere RE/Lake Chelan
Source: NWMLS as distributed by MLS GRID,MLS#: 2275566
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom
- Level: Second
Bedroom
- Level: Lower
Bathroom full
- Level: Second
Bathroom full
- Level: Lower
Bathroom three quarter
- Level: Main
Other
- Level: Main
Bonus room
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Great room
- Level: Main
Kitchen with eating space
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Heat Pump, Electric
Cooling
- Heat Pump
Appliances
- Included: Dishwasher(s), Refrigerator(s), Water Heater: Electric, Water Heater Location: Basement bedroom location
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room, Loft, Sauna
- Flooring: Ceramic Tile, Engineered Hardwood
- Doors: French Doors
- Windows: Double Pane/Storm Window
- Basement: Daylight,Finished
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,183
- Total interior livable area: 2,183 sqft
Property
Parking
- Parking features: Driveway, Off Street, RV Parking
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Loft, Sauna, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wet Bar
- Pool features: In Ground, In-Ground
- Has view: Yes
- View description: Territorial
Lot
- Size: 5,227 Square Feet
- Dimensions: 48ft x 115ft
- Features: Open Lot, Value In Land, Cable TV, Deck, Fenced-Fully, High Speed Internet, Outbuildings, Patio, RV Parking
- Topography: Level,Terraces
- Residential vegetation: Garden Space
Details
- Parcel number: 272318665280
- Zoning description: Highway Service Commercial,Jurisdiction: City
- Special conditions: Standard
- Other equipment: Leased Equipment: no
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod,2 Stories w/Bsmnt
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 2009
- Major remodel year: 2009
Utilities & green energy
- Electric: Company: Chelan County PUD
- Sewer: Available, Sewer Connected, Company: City of Chelan
- Water: Public, Company: City of Chelan
Community & HOA
Community
- Subdivision: Chelan
Location
- Region: Chelan
Financial & listing details
- Price per square foot: $316/sqft
- Tax assessed value: $593,299
- Annual tax amount: $4,638
- Date on market: 8/28/2024
- Cumulative days on market: 693 days
- Listing terms: Conventional,FHA
- Inclusions: Dishwasher(s), LeasedEquipment, Refrigerator(s)
Price history
| Date | Event | Price |
|---|---|---|
| 11/22/2024 | Sold | $690,000-4.8%$316/sqft |
Source:  NWMLS as distributed by MLS GRID #2275566 Report a problem | ||
| 8/23/2024 | Pending sale | $725,000$332/sqft |
Source: NWMLS as distributed by MLS GRID #2275566 Report a problem | ||
| 8/8/2024 | Listed for sale | $725,000+15.8%$332/sqft |
Source: NWMLS as distributed by MLS GRID #2275566 Report a problem | ||
| 9/4/2020 | Sold | $626,000+8.9%$287/sqft |
Source: NWMLS as distributed by MLS GRID #1634538 Report a problem | ||
| 7/28/2020 | Pending sale | $575,000$263/sqft |
Source: Windermere Real Estate/Lake Chelan #1634538 Report a problem | ||
| 7/23/2020 | Listed for sale | $575,000+275.8%$263/sqft |
Source: Windermere Real Estate/Lake Chelan #1634538 Report a problem | ||
| 10/11/2005 | Sold | $153,000$70/sqft |
Source: NWMLS as distributed by MLS GRID #25065692 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,156 -10.4% | $593,299 -13.6% |
| 2023 | $4,638 -1% | $687,049 +5.8% |
| 2022 | $4,686 +7.5% | $649,098 +28.9% |
| 2021 | $4,360 -0.8% | $503,583 +3.1% |
| 2020 | $4,395 -8.9% | $488,582 -8.4% |
| 2018 | $4,824 -0.8% | $533,533 +10% |
| 2017 | $4,864 +86.1% | $484,926 +44.5% |
| 2016 | $2,613 | $335,563 +22.9% |
| 2015 | $2,613 | $273,010 +2.3% |
| 2013 | $2,613 | $266,993 |
| 2012 | -- | $266,993 -17.7% |
| 2011 | $2,914 +605.8% | $324,346 -0.7% |
| 2010 | $413 | $326,721 +126.2% |
| 2008 | -- | $144,449 +157.4% |
| 2007 | -- | $56,111 |
| 2006 | -- | $56,111 |
Find assessor info on the county website
Neighborhood: 98816
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Nearby schools
GreatSchools rating
- 3/10Morgen Owings Elementary SchoolGrades: K-5Distance: 0.3 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
- 721 E Wapato Avenue
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