Rachel Olson
COMPASS
(425) 598-0661
128 Total Sales
1 in Chelan
$875,000 Price
Listed by RE/MAX Advantage, Bought with John L. Scott, Inc.
231 Key Ln Chelan, WA 98816
Chelan Area
5
Beds
3.5
Baths
3,778
Sq Ft
8,276
Sq Ft Lot
Highlights
- 65 Feet of Waterfront
- Two Primary Bedrooms
- Deck
- Docks
- Lake View
- Contemporary Architecture
About This Home
As of July 2026PRICING REFRESH on this Key Bay waterfront home, creating an outstanding opportunity to own 65 feet of sandy, no-bank waterfront with unobstructed lake views. From the street, the home appears smaller than it is, but step inside and discover a surprisingly expansive 4,900+ square feet of thoughtfully designed living space, including a fully finished basement ideal for comfort, entertaining, and refined lake living. The open-concept main level showcases a gourmet kitchen that flows seamlessly into the spacious great room, anchored by an impressive custom river rock double-sided fireplace wall and an expansive deck overlooking the lake. Floor-to-ceiling windows fill the home with warm natural light while capturing stunning views from nearly every room. With 5 bedrooms, including two primary suites—one on each level—plus a dedicated office, the layout offers exceptional flexibility for guests, extended stays, or multigenerational living. Enjoy effortless indoor-outdoor living with an upper deck and covered lower patio that opens to the lawn and beach. Boating enthusiasts will appreciate the shared dock, covered boat lift, and three dedicated buoys. Community amenities include a sandy beach, pool, and park. This is a rare opportunity to own luxury waterfront in one of Lake Chelan’s most peaceful and coveted communities.
Last Agent to Sell the Property
RE/MAX Advantage License #113023 Listed on: 01/31/2026
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2472707
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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
- Lake Front
- Cul-De-Sac
- North Facing Home
- Level Lot
- Sprinkler System
- Property is in very good condition
HOA Fees
- $73 Monthly HOA Fees
Parking
- Attached Garage
Property Views
- Lake
- Mountain
- Territorial
Home Design
- Contemporary Architecture
- Poured Concrete
- Composition Roof
- Wood Siding
- Wood Composite
Interior Spaces
- 3,778 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- 2 Fireplaces
- Gas Fireplace
- Dining Room
- Finished Basement
Kitchen
- 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 Values in the Area
Average Home Value in this Area
Agents Specializing in Chelan, WA
-
Rachel Olson
-
Russ McClellan
Russ McClellan
KW NCW
(509) 285-0245
70 Total Sales
7 in Chelan
$125K - $2.1M Price Range
-
Gina Galando
Gina Galando
Better Properties Kent LLC
(253) 802-9779
36 Total Sales
1 in Chelan
$175,000 Price
-
Melody Shipley
Melody Shipley
HomeSmart Elite Brokers
(509) 436-9833
36 Total Sales
2 in Chelan
$275K - $460K Price Range
-
Christy Shiers
Christy Shiers
Windermere Real Estate/East
(206) 317-5630
64 Total Sales
1 in Chelan
$395,000 Price
-
Jonathan Ehlers
Jonathan Ehlers
Berkshire Hathaway HomeServices Central Washington Real Estate
(509) 834-7532
112 Total Sales
1 in Chelan
$1,010,000 Price
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2026 07/10/26 | Sold | $2,800,000 | -13.8% | $741 / Sq Ft |
| 06/19/2026 06/19/26 | Pending | -- | -- | -- |
| 05/05/2026 05/05/26 | Price Changed | $3,250,000 | -7.1% | $860 / Sq Ft |
| 03/31/2026 03/31/26 | Price Changed | $3,500,000 | -10.3% | $926 / Sq Ft |
| 01/31/2026 01/31/26 | For Sale | $3,900,000 | -- | $1,032 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
Agents Affiliated with this Home
-
Mary Signorelli
Seller's Agent in 2026
Mary Signorelli
RE/MAX
(509) 670-4972
48 Total Sales
-
Merry Sterling
Seller Co-Listing Agent in 2026
Merry Sterling
RE/MAX
(425) 518-6722
59 Total Sales
-
Nick Kiel
Buyer's Agent in 2026
Nick Kiel
John L Scott
(425) 770-8811
140 Total Sales
-
Alexander Kiel
Buyer Co-Listing Agent in 2026
Alexander Kiel
John L Scott
(425) 512-3474
142 Total Sales
Map
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2472707
APN: 41994
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
Listings courtesy of Northwest Multiple Listing Service (NWMLS) as distributed by MLS GRID
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