Listing provided courtesy of Northwest MLS; Windermere RE/Lake Chelan

Price $325,000
Status Active
Beds 2
Baths 0.75 Bath
Home size 1,050 sqft
Lot Size 6,534 sqft
Downtown Chelan Development Opportunity: Rare downtown mixed residential offering with income in place from day one. A 2 bedroom, 1 bath, 1,050SF stucco bungalow sits on the site and produces cash flow while you design, permit, and plan your next multi-family project. Hold it, rent it, then build beside it. The land is the story. One full lot plus 22 feet of a second, measuring 71 feet wide by 91 feet deep, fully surveyed, filled, and graded. The heavy lifting is done. Go vertical adjacent to the existing bungalow with a two-story duplex, or explore two ADUs, whichever pencils stronger for your model. Contact the City of Chelan Planning Department to confirm the path that fits your plan. Position matters here. Walk to downtown shops, restaurants, and schools, with the lake minutes away. Chelan's downtown core continues to absorb demand for attached and small-scale multi-family housing, and infill sites this close in, already prepped, do not come available often. Sold as-is. Property will not qualify for first time buyer or conventional financing. Contact local lenders regarding portfolio or in house loan programs. NO SELLER FINANCING AVAILABLE. Tenant occupied, appointment only. Buyer to verify zoning, density, square footage, and development potential with the City of Chelan.
Property Type(s): Single Family
Last Updated 8/19/2026 Tract Chelan
Year Built 1930 Community Chelan
County Chelan

SCHOOLS

Elementary School Morgen Owings Elem
Jr. High School Chelan Mid
High School Chelan High

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Dryer, Electric Water Heater, Refrigerator, Washer, Water Heater
AREA 961 - Lake Chelan
BASEMENT None
CONSTRUCTION Stucco
FIREPLACE Yes
HEAT Electric, Wall Furnace
INTERIOR Fireplace, Water Heater
LOT 6534 sq ft
LOT DESCRIPTION Open Space, Value In Land
LOT DIMENSIONS 70ft x 90ft
MLS STATUS Active
PARKING Driveway, RV Access/Parking
STORIES 1.5
STYLE 11 - 1 1/2 Story
SUBDIVISION Chelan
TAXES 2473
UTILITIES Sewer Connected, Sewer Available
VIEW Yes
VIEW DESCRIPTION Mountain(s), Territorial
WATER Public

Location

 

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/20/26 5:09 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. 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.

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