Listed by RE/MAX Advantage
$3,900,000

231 Key Ln Chelan, WA 98816

Estimated payment $21,445/month

5 Beds
3.5 Baths
4,903 Sq Ft
$795 Price per Sq Ft

Highlights

  • 65 Feet of Waterfront
  • Two Primary Bedrooms
  • Deck
  • Docks
  • Lake View
  • Contemporary Architecture

About This Home

This exceptional property offers 65 feet of sandy beachfront, unobstructed lake views and a no bank waterfront. The 4900+ sq ft custom home with a fully finished basement is designed for comfort and refined lake living and entertainment. An open-concept main level showcases a gourmet kitchen which flows into the spacious Great Room, anchored by an impressive custom river rock double fireplace wall and expansive deck which overlooks the Lake. Floor to ceiling windows not only bring in the warm sun light but captures stunning views from every room. The 5 bedrooms, include two primary suites with one on each floor. This home offers ideal flexibility for guests and is suitable for multigenerational living -- plus a dedicated office. Enjoy effortless indoor/outdoor living with an upper deck and covered lower patio that opens to the lawn and beach. Boating enthusiasts will love the shared dock, covered boat lift and the dedicated three buoys. Community amenities include sandy beach, pool and park. Here is your opportunity to own luxury waterfront in one of Lake Chelan's most peaceful and coveted communities.

Listing Agent

Mary Signorelli

RE/MAX Advantage License #113023 Listed on: 01/31/2026

RE/MAX Advantage

Co-Listing Agent

Merry Sterling

RE/MAX Advantage License #113302

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2472707

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,203

Year Built

  • Built in 1999

Lot Details

  • 8,276 Sq Ft Lot
  • 65 Feet of Waterfront
  • Cul-De-Sac
  • North Facing Home
  • Level Lot
  • Sprinkler System
  • Property is in very good condition

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 4,903 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Dining Room
  • Storm Windows
  • Finished Basement

Kitchen

  • Walk-In Pantry
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Patio

Location

  • Property is near public transit and bus stop

Utilities

  • Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Propane
  • Water Heater
  • High Speed Internet

Community Details

  • Association fees include common area maintenance
  • Chelan Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 272210640039

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,203

Year Built

Built in 1999

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 1999
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,Leased Equipment,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Northwest Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 4903
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Fireplaces: 2
  • Basement: Finished
  • Appliances: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Second Primary Bedroom, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Water Heater
  • Living Area: 4903
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 4903
  • SquareFootageUnfinished: 0
  • BathsFullLower: 1
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 4
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Composition
  • View: Lake, Mountain(s), Territorial
  • Lot Features: Cul-De-Sac, Curbs, Paved
  • Pool Features: Community
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: North
  • Exterior Features: Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: true
  • PoolType: Community
  • WaterfrontFootage: 65
  • BusRouteNumber: 21
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Ductless, Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Ductless, Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Chelan County PUD
  • SewerCompany: City of Chelan
  • WaterCompany: City of Chelan
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: CCRs
  • Senior Community: No
  • Association Fee: 880
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance

Schools

  • Junior High Dist: Lake Chelan
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 272210640039
  • Topography: Level,Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Dock,High Speed Internet,Moorage,Patio,Propane,Sprinkler System
  • MLSLotSizeSource: County
  • ZoningJurisdiction: City

Green Features

  • Green Building Verification Type: Other
  • Power Production Type: Electric, Propane

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 13203

Multi Family

  • EnergySource: Electric,Propane
  • EnvironmentalCertification: Other-See Remarks

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Value Increase
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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
2025 $13,203 $1,883,170 $1,237,500 $645,670
2024 $12,429 $1,890,368 $1,237,500 $652,868
2023 $12,429 $1,845,420 $1,237,500 $607,920
2022 $14,125 $1,631,719 $1,237,500 $394,219
2021 $13,544 $1,636,024 $1,237,500 $398,524
2020 $13,648 $1,509,759 $1,110,186 $399,573
2019 $12,677 $1,473,419 $1,122,313 $351,106
2018 $18,667 $1,404,486 $1,085,219 $319,267
2017 $14,389 $1,864,840 $1,323,438 $541,402
2016 $11,655 $1,535,849 $1,034,138 $501,711
2015 $11,655 $1,481,560 $1,034,138 $447,422
2013 $11,655 $1,181,961 $756,250 $425,711
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2026 01/31/26 For Sale $3,900,000 -- $795 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $203,668 None Listed On Document
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2472707

Northwest Multiple Listing Service (NWMLS)

APN: 41994