231 Key Lane, Chelan, WA 98816 (MLS # 2472707)

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Listing provided courtesy of Northwest MLS; RE/MAX Advantage

PRICE $3,500,000 dsIDX morgage calculator
BEDS 5
BATHS 3.25
HOME SIZE 4,903 sqft
LOT SIZE 8,277 sqft
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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.

LAST UPDATED 3/31/2026 TRACT Chelan
YEAR BUILT 1999 COMMUNITY Chelan
COUNTY Chelan STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Buyer To Verify
Jr. High School Buyer To Verify
High School Buyer To Verify

PRICE HISTORY
Prior to Mar 31, '26 $3,900,000
Mar 31, '26 - Today $3,500,000


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Ductless, Heat Pump
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Water Heater
AREA 961 - Lake Chelan
BASEMENT Finished, Yes
CONSTRUCTION Wood Siding
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Ductless , Electric, Forced Air, Heat Pump, Propane
HOA DUES 880
INTERIOR Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Pantry, Second Primary Bedroom, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
LOT 8276 sq ft
LOT DESCRIPTION Cul-de-sac, Curbs, Paved
MLS STATUS Active
PARKING Attached
POOL DESCRIPTION Community
STORIES 1
STYLE 16 - 1 Story w/Bsmnt.
SUBDIVISION Chelan
TAXES 13203
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION Lake, Mountain(s), Territorial
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Lake, Waterfront
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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 5/1/26 6:01 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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