Listed by John L. Scott, Inc.
$775,000
$175K PRICE DROP

332 W Gibson Ave Chelan, WA 98816

Estimated payment $4,387/month

Total Views 4,096
2 Beds
1 Bath
626 Sq Ft
$1,238 Price per Sq Ft

Highlights

  • RV Access or Parking
  • 0.38 Acre Lot
  • Wood Flooring
  • Chelan High School Rated A-
  • Fruit Trees
  • Corner Lot

About This Home

Incredible investment opportunity on over 1/3 acre across two parcels! Parcel one features a 1338 sq ft gutted house, refurbish and bring back it's charm or take down to make way for something new, the other parcel includes a 626 sq ft home currently being used as a rental. Zoned TA-Tourist Accommodation, the prime property is ideal for townhomes, hotel, resort, short term rentals, bed-and-breakfast, retail or an RV park. Endless possibilities for savvy investors looking to capitalize on a high demand location. Don't miss out on this versatile and lucrative development potential! Directly across the street from Lakeshore RV Park.

Listing Agent

Kathy Holt

John L. Scott, Inc. License #27535 Listed on: 08/28/2024

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2282404

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,541

Year Built

  • Built in 1922

Lot Details

  • 0.38 Acre Lot
  • South Facing Home
  • Corner Lot
  • Level Lot
  • Fruit Trees
  • Garden
  • Value in Land

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 626 Sq Ft Home
  • 1-Story Property
  • Storm Windows

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Utilities

  • Heat Pump System
  • Water Heater

Community Details

  • No Home Owners Association
  • Chelan Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,541

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1922
  • MLS Status: Active
  • Prev Status: Active
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1964
  • SeniorExemption: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2282404?w=Consumer&agent=777996
  • Special Features: None

Interior Features

  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Double Pane/Storm Window, Water Heater
  • Living Area: 626
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Bathrooms: 0.75
  • BathsFullMain: 0
  • SquareFootageFinished: 626
  • SquareFootageUnfinished: 1338
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Paved, Value In Land
  • View: No
  • Waterfront: No
  • Construction Type: Cement Plank, Wood
  • Direction Faces: South
  • Exterior Features: Cement Planked, Wood
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, RV Parking
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Chelan County PUD
  • SewerCompany: City of Chelan
  • WaterCompany: City of Chelan
  • WaterHeaterLocation: Utility Room
  • WaterHeaterType: Electric
  • CableConnected: LocalTel
  • InternetConnected: LocalTel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Lake Chelan

Lot Info

  • Parcel Number: 272212590468
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.3812
  • Lot Size Sq Ft: 16606
  • Zoning: T-A
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: RV Parking
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3541

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
2024 $2,128 $335,880 $124,950 $210,930
2023 $2,128 $313,817 $124,950 $188,867
2022 $1,797 $247,463 $74,970 $172,493
2021 $2,103 $244,330 $69,972 $174,358
2020 $2,317 $257,089 $94,248 $162,841
2019 $1,643 $248,570 $44,352 $204,218
2018 $1,922 $180,659 $40,320 $140,339
2017 $1,599 $190,761 $33,600 $157,161
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $775,000 -11.4% $1,238 / Sq Ft
06/02/2025 06/02/25 Price Changed $875,000 -7.9% $1,398 / Sq Ft
05/09/2025 05/09/25 For Sale $950,000 0.0% $1,518 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
08/28/2024 08/28/24 For Sale $950,000 -- $1,518 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2282404

Northwest Multiple Listing Service (NWMLS)

APN: 42844