231 Key Ln Chelan, WA 98816
Estimated payment $19,729/month
Highlights
- 65 Feet of Waterfront
- Two Primary Bedrooms
- Deck
- Docks
- Lake View
- Property is near public transit and bus stop
About This Home
PRICE ADJUSTMENT 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.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2472707
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
- Territorial
Home Design
- 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
- 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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/31/2026 03/31/26 | Price Changed | $3,500,000 | -10.3% | $714 / Sq Ft |
| 01/31/2026 01/31/26 | For Sale | $3,900,000 | -- | $795 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $203,668 | None Listed On Document |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2472707
APN: 41994
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Based on information submitted to the MLS GRID
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