Listed by CB Cascade - Lake Chelan
$2,750,000
$449K PRICE DROP

2031 W Terrace Ave Chelan, WA 98816

Estimated payment $15,485/month

Total Views 16,754
5 Beds
4 Baths
3,985 Sq Ft
$690 Price per Sq Ft

Highlights

  • Lake Front
  • Docks
  • Hydromassage or Jetted Bathtub
  • Chelan High School Rated A-
  • Deck
  • No HOA

About This Home

Rare opportunity to own a home w/ dock & boat lift in one of Chelan’s most idyllic neighborhoods. This is one of the best locations on Lake Chelan - providing the perfect amount of sun exposure to be comfortable all day. This beloved block is tucked away and hasn't had a home on the market in years. The proximity to everything is unbeatable: walk to Sigillo Cellars rooftop patio, Lakeside Tavern, Lakeside Surf & Downtown Chelan on the soon-to-be-completed Lakeside trail. With a beautiful & spacious floor plan that includes 2 expansive primary suites, gorgeous back patio, large recreation room, 2 decks for enjoying the lake view & tons of storage & parking, this home offers the ultimate lifestyle in a setting that’s impossible to replicate.

Listing Agent

Jessie Simmons

CB Cascade - Lake Chelan License #132757 Listed on: 07/17/2025

CB Cascade - Lake Chelan

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2404448

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,748

Year Built

  • Built in 1993

Lot Details

  • 6,534 Sq Ft Lot
  • Lake Front
  • 272214662240

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Mountain

Home Design

  • 3-Story Property
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 3,985 Sq Ft Home
  • Central Vacuum
  • Gas Fireplace
  • Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Bathroom on Main Level
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Lakeside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 272214662351

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,748

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 13 - Tri-Level
  • Year Built: 1993
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Trash Compactor,Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 3985
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: Finished
  • Appliances: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Trash Compactor, Washer(s)
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Interior Amenities: Bath Off Primary, Built-In Vacuum, Fireplace, Jetted Tub, Walk-In Closet(s)
  • Living Area: 3985
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bathrooms: 3.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 3985
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 1
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 2
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Trash Compactor,Washer(s)
  • NWM_NumberOfBathtubs: 3
  • NWM_NumberOfShowers: 4

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s)
  • Lot Features: Paved
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Central A/C, Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lake Chelan

Lot Info

  • Parcel Number: 272214662351
  • Land Lease: No
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534
  • Additional Parcels Description: 272214662240
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Dock,Moorage,Patio
  • MLSLotSizeSource: County
  • MLSSquareFootageSource: County
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2025
  • Tax Annual Amount: 12748

Multi Family

  • EnergySource: Electric

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2021 $8,792 $1,017,603 $175,500 $842,103
2020 $6,833 $701,512 $175,500 $526,012
2019 $6,323 $736,788 $175,500 $561,288
2018 $7,302 $699,774 $186,030 $513,744
2017 $6,894 $728,663 $133,500 $595,163
2016 $5,759 $735,102 $133,500 $601,602
2015 $5,759 $663,479 $133,500 $529,979
2013 $5,759 $489,084 $127,500 $361,584
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2025 09/15/25 Price Changed $2,750,000 -8.3% $690 / Sq Ft
08/20/2025 08/20/25 Price Changed $2,999,000 -6.3% $753 / Sq Ft
07/17/2025 07/17/25 For Sale $3,199,000 -- $803 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2404448

Northwest Multiple Listing Service (NWMLS)

APN: 272214662351