Listed by Mary Signorelli • RE/MAX Advantage. Bought with John L. Scott, Inc.
Sold on jul 2026
$2,800,000
5
bd
•
3.5 ba
•
3,778
sq ft
231 Key Ln, Chelan, WA 98816
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About this home
PRICING REFRESH 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.
Izolda Khachaturova • Homes & Equity Real Estate Grp
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Sale and tax history for 231 Key Ln
Sale History
Tax History
Date
Event
Price
Jul 10, 2026
Sold (MLS) (Closed)
NWMLS as Distributed by MLS Grid #2472707
$2,800,000
$741/sq ft
Jun 19, 2026
Pending
NWMLS as Distributed by MLS Grid #2472707
—
May 5, 2026
Price Changed
NWMLS as Distributed by MLS Grid #2472707
$3,250,000
$860/sq ft
Mar 31, 2026
Price Changed
NWMLS as Distributed by MLS Grid #2472707
$3,500,000
$926/sq ft
Jan 31, 2026
Listed (Active)
NWMLS as Distributed by MLS Grid #2472707
$3,900,000
$1,032/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$12,692 (−3.9%)
$1,237,500 + $645,670
$1,883,170
2025
$13,203 (+6.2%)
$1,237,500 + $645,670
$1,883,170
2024
$12,429 (+5.7%)
$1,237,500 + $652,868
$1,890,368
2023
$11,755 (−16.8%)
$1,237,500 + $607,920
$1,845,420
2022
$14,125 (+4.3%)
$1,237,500 + $394,219
$1,631,719
2021
$13,544 (−0.8%)
$1,110,186 + $399,573
$1,509,759
2020
$13,648 (+7.7%)
$1,110,186 + $399,573
$1,509,759
2019
$12,677 (−32.1%)
$1,122,313 + $351,106
$1,473,419
2018
$18,667 (+29.7%)
$1,323,438 + $541,402
$1,864,840
2017
$14,388 (−0.5%)
$1,323,438 + $541,402
$1,864,840
2016
$14,455 (−0.3%)
$1,034,138 + $501,711
$1,535,849
2015
$14,498 (+15.9%)
$1,034,138 + $447,422
$1,481,560
2014
$12,510
$756,250 + $425,711
$1,181,961
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
8,276 Sq. Ft.
Year renovated
—
Sq. Ft.
3,014
Year built
1999
Style
Other
County
Chelan County
APN
272210640039
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 21, 2026.
R-L
Single Family Residential District
The R-L District is intended to preserve existing housing stock and provide residential development opportunities for predominantly single-family detached dwelling units. The R-L designation promotes standards that preserve the natural landscape of hillsides and ravines and other critical areas, reduce the risk of geologic and fire hazards, and conserve designated public views. This designation is intended to be applied in areas suitable and desirable for residential use, which are or will become developed by single-family dwellings. Lands should be adequately served at the time of development with roads, utility services and other public facilities commensurate with anticipated population and du densities.
Site Features: Deck,Dock,High Speed Internet,Moorage,Patio,Propane,Sprinkler System
Zoning Jurisdiction: City
Lot Features: Cul-De-Sac, Curbs, Paved
Lot Size Units: Square Feet
Lot Size Acres: 0.19
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $13,203
Tax Year: 2025
Financial Information
Listing Terms: Conventional
Buyer Financing: Cash
Utilities
Utility Information
Water Source: Public
Water Company: City of Chelan
Power Company: Chelan County PUD
Sewer: Sewer Connected
Sewer Company: City of Chelan
Water Heater Location: Garage
Water Heater Type: Electric
Location
HOA Information
Has HOA
Association Fee: $880
Association Fee Frequency: Annually
Association Fee Includes: Common Area Maintenance
School Information
Elementary School: Buyer To Verify
Middle Or Junior High School: Buyer To Verify
High School: Buyer To Verify
High School District: Lake Chelan
Location Information
Water Access: Community Waterfront/Pvt Beach
Bus Line Nearby: true
Bus Route Number: 21
Directions: Travelling N on Manson Highway, through Chelan, turn left at Key Bay (right before the large red roofed building). Continue straight to last street on right, turn, home is signed and on the left
Topography: Level,Partial Slope
Community Information
Senior Exemption: false
Community Features: CCRs
Public facts
Beds: —
Baths: —
Sq. Ft.: 3,014
Stories: 1.0
Lot Size: 8,276 square feet
Style: Other
Year Built: 1999
Year Renovated: —
County: Chelan County
APN: 272210640039
Home facts updated by county records on Sep 21, 2026
Other
Listing Information
Buyer Brokerage Compensation: 2.5
Buyer Brokerage Compensation Type: %
Mls Status: Sold
Listing Date Information
On Market Date: Saturday, January 31, 2026
Green Information
Direction Faces: North
Power Production Type: Electric, Propane
Home Information
Living Area: 3,778
Calculated Square Footage: 3778
MLS Square Footage Source: County
Building Area Total: 3778
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 1999
Effective Year Built Source: Public Records
Structure Type: House
Levels: One
Entry Location: Main
Around this home
Schools
Morgen Owings Elementary School
Public K-5 • Assigned • 2.3mi
3/10
Chelan Middle School
Public 6-8 • Assigned • 2.1mi
8/10
Holden Village Community School
Public K-12 • Assigned • 40.9mi
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
6% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 92° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
23 unhealthy days expected this year, 23 days in 30 years
Provided by First Street
Historical weather
Chelan, WA • 98816
Average low and high temperatures (°F)
36
26
40
29
55
38
66
44
76
53
82
59
91
66
90
65
84
60
63
43
47
38
39
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$2.74M – $3.32M
Sell confidently with a local market expert in Chelan.