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
Properties with the
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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