Property Details
470 2nd Street , Chelan Falls, WA 98817
Chelan Falls, WA 98817
$387,500
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About This Home
An incredible Chelan Falls opportunity! This inviting 2-bedroom, ¾-bath residence sits on three legal lots of record, has seen updates over the years while still leaving room for your own improvements and vision. Enjoy the covered front porch and a relaxed lifestyle just minutes from Lake Chelan, boat launches, and endless outdoor recreation. The real value comes with the versatility of the property. In addition to the home, you’ll find a large shop, a separate wood shop, and one additional outbuilding, creating excellent space for hobbies, storage, projects, or workspace. The pole building also offers exciting possibilities, whether you continue using it as a shop or explore converting it into a future ADU for guests or rental income. Situated on three legal lots of record, this property opens the door to a variety of possibilities over time. The two additional lots were perc tested through Tower Design in 2021, providing valuable groundwork for future septic systems and potential development. A new septic system installed in 2021/2022 serves the existing home. Located minutes from the “secret” Lake Chelan swimming hole where the lake feeds into the Columbia River, as well as the beautiful Chelan County PUD parks along the river, this property combines recreation, flexibility, and long-term potential in one unique opportunity.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Chelan
Neighborhood
Chelan Falls
Listed
Mar 13, 2026
Original Price
$399,000
Interior Features
Bedrooms
2
Bathrooms
1.0
Living Area
1,288 sq ft
Exterior & Lot
Lot Size
0.41 sqft
Year Built
1930
Exterior Materials
Cement Plank
Parking
Driveway, RV Parking
Sewer
Septic Tank
Water Source
Community
Exterior Features
Cement Planked
Location
City
Chelan Falls
County
Chelan
Coordinates
47.79950, -119.98688
Schools
School District
Lake Chelan
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Additional Information
Tax Year
2025
Annual Taxes
$2,074
Possession
Array
Inclusions
Dishwasher(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 14, 2026 6:37 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.