$550,000
Listed at $650,0002 bd•1 ba•968 sq ft
524 E Allen Avenue, Chelan, WA 98816
• Listed 2025-03-18
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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.
Listed by Joe Collins • Windermere RE/Lk Chelan Midtwn
Listing updated: November 17, 2025 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2346240
Open houses
No upcoming open houses scheduled for this property.
Neighborhood mobility
Lake Chelan School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Chelan is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 50 days.
$685,000 Sold
4 weeks ago
5 bd•3.25 ba•~2,778 sq ft•Single Family
417 N Columbia Street, Chelan, WA 98816
2%
Under list
—
Days on market
0.5 mi
Distance
$137,500 Sold
2 months ago
•Single Family
1111 E Allen Street, Chelan, WA 98816
21%
Under list
—
Days on market
0.1 mi
Distance
$475,000 Sold
3 months ago
3 bd•2 ba•~1,694 sq ft•Single Family
116 E Raymond Avenue, Chelan, WA 98816
4%
Under list
—
Days on market
0.7 mi
Distance
$635,000 Sold
4 months ago
3 bd•1.75 ba•~1,732 sq ft•Single Family
479 Sunny Brooke Lane, Chelan, WA 98816
2%
Under list
—
Days on market
0.6 mi
Distance
$259,000 Sold
5 months ago
2 bd•1 ba•~900 sq ft•Single Family
143 E Nixon Avenue, Chelan, WA 98816
0%
Over list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 17, 2025 at 04:03am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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$465,000
-$85,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $360K and $599K.
Rental earnings
$1,400/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$550,000Last sold price
524 E Allen Avenue, Chelan, WA 98816
$599,000Last sold price
617 E Wapato Avenue, Chelan, WA 98816
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
