Property Details
231 Key Lane , Chelan, WA 98816
Chelan, WA 98816
$3,500,000
Active
Schedule a Tour
Select your date preference
Request More Info
1 / 39
About This Home
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.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Chelan
Neighborhood
Chelan
Listed
Jan 31, 2026
Original Price
$3,900,000
Interior Features
Bedrooms
5
Bathrooms
4.0
Half Baths
1
Living Area
4,903 sq ft
Basement
Finished
Entry Level
Main
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
Exterior & Lot
Lot Size
0.19 sqft
Year Built
1999
Exterior Materials
Wood
Parking
Attached Garage
Sewer
Sewer Connected
Water Source
Public
Lot Features
Cul-De-Sac, Curbs, Paved
Exterior Features
Wood Products
Location
City
Chelan
County
Chelan
Coordinates
47.85302, -120.05716
Schools
School District
Lake Chelan
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
HOA / Association
HOA Fee
$880 / Annually
HOA Includes
Common Area Maintenance
Additional Information
Tax Year
2025
Annual Taxes
$13,203
Possession
Array
Community Features
CCRs
Inclusions
Dishwasher(s),Dryer(s),Garbage Disposal,Leased Equipment,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of April 2, 2026 5:50 AM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
