231 Key Lane, Chelan, WA 98816

$2,800,000
5
BD
4
BA
3,778
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of RE/MAX Advantage. Selling Office: John L. Scott, Inc..

Sold Price
$2,800,000
List Price
$3,250,000
Status
SOLD
MLS#
2472707
Closing Date
Jul 10, 2026
Days on Market
139
Bedrooms
5
Finished SqFt
3,778
Area Total SqFt
3778
Annual Tax Ammount
13203
Lot Size (sq ft)
8,276
Fireplace
Yes
Sewer
Sewer Connected

Property Description

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.

Additional Information

Community
Chelan
Style
16 - 1 Story w/Bsmnt.
Basement
Finished
Year Built
1999
Total Covered Parking
2
Waterfront
Yes
Waterfront Description
Lake, No Bank
View
Lake, Mountains, Territorial
Roof
Composition
Site Features
Deck, Dock, High Speed Internet, Moorage, Patio, Propane, Sprinkler System
Tax Year
2025
HOA Dues
$880
School District
Lake Chelan
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Potential Terms
Conventional
Interior Features
Second Primary Bedroom, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Pantry, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
Flooring
Ceramic Tile, Carpet
Driving 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
Appliance
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Water Heater Location
Garage
Water Heater Type
Electric
Energy Source
Electric, Propane
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks