Bought with Windermere RE/Lake Chelan
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524 E Allen AVE Chelan, WA 98816
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Key Details
Sold Price $550,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 968 sqft
Price per Sqft $568
Subdivision Chelan
MLS Listing ID 2346240
Sold Date 10/17/25
Style 10 - 1 Story
Bedrooms 2
Full Baths 1
Year Built 1916
Annual Tax Amount $2,490
Lot Size 1.600 Acres
Property Sub-Type Single Family Residence
Property Description
Development opportunity, Priced well below Assessed Value. Value in the land. Four parcels. Older small rental home and even smaller vacant home on 11 city lots, totally 1.60 acres. The property is zoned for many downtown mixed uses i.e. multifamily homes, apartments or town homes. Can also be boundary adjusted for more options. The property has several terraces, the upper tier offering great views of the city, Lake Chelan and surrounding foothills The property is served by city water, sewer and PUD power. The structures are in fair condition, but not financeable,. Good access off Allen Ave. A portion of Chelan St has also been vacated to expand the acreage to just shy of 2 acres.
Location
State WA
County Chelan
Area 961 - Lake Chelan
Rooms
Basement None
Main Level Bedrooms 2
Interior
Interior Features Water Heater
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Outbuildings
View Y/N Yes
View City, Lake, Mountain(s), Territorial
Roof Type Composition
Building
Lot Description Dead End Street, Paved, Value In Land
Story One
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Morgen Owings Elem
Middle Schools Chelan Mid
High Schools Chelan High
School District Lake Chelan
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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