Property profile

100 Lake Chelan Shores Dr Chelan, WA 98816

OFF-MARKET
Mixed-use properties
1,358 SF Built 1989
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Property summary

AI-generated overview

This exceptional 1,358 square foot mixed-use condominium, built in 1989, is situated at 100 Lake Chelan Shores Dr, Chelan, WA 98816. Priced at $875,000 ($644.33 per square foot), this property offers a rare opportunity to own a piece of Lake Chelan paradise. The unit boasts three bedrooms, including a lock-off one-bedroom suite with its own private deck, perfect for guests. Two parking spaces are included. The interior features a fully furnished space with updated amenities including new appliances, quartz countertops, new carpet, new tile, and newly refurbished cabinets, kitchen sinks, and faucets. Both decks have recently been updated with new tile and railings. Enjoy breathtaking panoramic lake views and access to an array of resort amenities, including tennis courts, a handball court, a fitness center, a sports court, five swimming pools, a boat launch, and a private dock. The property also comes with a private boat buoy. All existing vacation rental bookings will be honored, ensuring immediate rental income potential. This is a truly unique opportunity to acquire a highly desirable and profitable mixed-use property in one of the most sought-after locations on Lake Chelan.

Property profile

Verified
Property type Mixed-use properties
Year built 1989
Total area 1,358 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Vacation Rental Real Estate Agency
  • Boat Rental Service
  • Tutoring Service Sports School
  • Resort
  • Resort

Location

100 Lake Chelan Shores Dr Chelan, WA 98816
Chelan metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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