Off market since Oct 2026

Off market since Oct 2026 Home

Listed Aug 18, 2026

$599,950

507 East Wapato Avenue

  • 5

    Beds

  • 2

    Baths

  • 2,460

    Sq ft

The story

  • Basement

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!

Facts & features

Home type

Home

Year built

1937

Price per sq ft

$244

Included features

  • Basement

    Yes

  • Cooling

    Central Air, Ductless, Forced Air, Heat Pump

  • Heating

    Forced Air, Heat Pump, Radiant

  • Appliances

    Dishwasher, Microwave, Refrigerator, Stove(s)/Range(s), Washer

  • Flooring

    Ceramic Tile, Laminate, Carpet

  • Roof

    Composition

  • Lot Information

    Alley, Paved

  • Exterior

    Wood

  • Water Source

    Public

  • Sewer

    Sewer Connected

  • View

    Mountain

Listing Broker

Windermere Real Estate Midtown

Broker Name

Windermere Real Estate Midtown

Agent

Jonna Hood