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← Back to search results/Chelan, WA/231 Key Lane
1 / 39SOLD JUL 10, 2026
Listed by Mary Signorelli • RE/MAX Advantage. Buyer represented by John L. Scott, Inc..
SOLD JUL 10, 2026

$2,800,000

Listed at $3,250,000

5 bd•3.25 ba•3,778 sq ft

231 Key Lane, Chelan, WA 98816

• Listed Jan 31, 2026

RexMont Market Signal for 231 Key Lane

Sold price on record

RexMont Market Signal $2,800,000

Closed sale price · as of July 10, 2026, the day it sold.

Market Signal since the sale

$2,035,586

Likely $1,224,548 – $3,201,160 · wide read: talk to Adriano · as of October 1, 2026

Estimate, not an appraisal.

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.

Your home value, prepared by the designated broker

Adriano ToriPrepared by Adriano ToriFounder & Designated Broker · WA Lic. #27660

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Listing Broker: RE/MAX Advantage; Mary Signorelli; 509-888-8262

Buyer Broker: John L. Scott, Inc.

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.

Property type
Single Family
Year built
1999
Interior
3,778 sq ft
Lot size
0.19 acres
Parking
2-car garage
Price / sq ft
$741
HeatingDuctless, Forced Air, Heat Pump
CoolingDuctless, Forced Air, Heat Pump
Property taxes$13,203/yr (est.)
HOA dues$880 / year ($73/mo)
School districtLake Chelan

Listed by Mary Signorelli • RE/MAX Advantage

Listing updated: August 10, 2026 at 04:03am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2472707

Open houses

No upcoming open houses scheduled for this property.

Around this home

Property details

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
  • 2 fireplaces (gas)
  • Finished basement

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 5 bedrooms total
  • 1 on the main level
  • 4 on the lower level

Bathrooms

  • 2 full bathrooms
  • 1 three-quarter bathroom (shower, no tub)
  • 1 half bathroom
  • 3.25 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • 1 Story w/Bsmnt.
  • 3,778 sq ft finished
  • 484 sq ft garage

Flooring

  • Ceramic Tile
  • Carpet

Heating & cooling

  • Ductless heating
  • Forced Air heating
  • Heat Pump heating
  • Ductless cooling
  • Forced Air cooling
  • Heat Pump cooling

Schools

Ratings via SchoolDigger

Lake Chelan School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · Grades High
    —

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.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level,Partial Slope
Zoning jurisdiction
City
Faces
North
Bus route
21

Systems

Energy source
Electric,Propane
Power production
Electric, Propane
Water heater
Electric
Water heater location
Garage
Power company
Chelan County PUD
Water company
City of Chelan
Sewer company
City of Chelan
Garbage service
City of Chelan
Irrigation water rights
No

Rooms & extras

Pool
Community
Bathtubs
2
Showers
3
Fireplaces on main
2

New construction

Square footage source
County
Lot size source
County
Effective year built source
Public Records

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

Opens with the report above.

Sales & Tax Records for 231 Key Lane

NWMLS via MLS Grid · Chelan County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Jul 10, 2026
    Sold
    NWMLS via MLS Grid · #2472707
    $2,800,000
    $741/sq ft
  2. Jun 19, 2026
    Pending
    NWMLS via MLS Grid · #2472707
    $3,250,000
    $860/sq ft
  3. Jun 19, 2026
    Price reduced
    NWMLS via MLS Grid · #2472707
    $3,250,000
    $860/sq ft
  4. Jan 31, 2026
    Listed
    NWMLS via MLS Grid · #2472707
    $3,900,000
    $1,032/sq ft

Market pulse

Chelan is a buyer's market.

Inventory is rising and homes are sitting longer. Buyers have room to negotiate.

Buyer's marketSeller's market
  • Offer insight: Sellers are often willing to negotiate on price and terms.

  • List to sale price: The average home sells for about 3% below list price.

  • Time on market: The average home goes pending in around 128 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $750,000 Sold

    1 day ago

    3 bd•2.25 ba•~1,558 sq ft•Single Family

    118 Porcupine Lane, Chelan, WA 98816

    6%

    Under list

    243

    Days on market

    0.8 mi

    Distance

  • $1,700,000 Sold

    1 week ago

    4 bd•4.5 ba•~3,625 sq ft•Single Family

    168 Jackrabbit Lane, Chelan, WA 98816

    5%

    Under list

    199

    Days on market

    0.8 mi

    Distance

  • $1,165,000 Sold

    2 weeks ago

    4 bd•3.5 ba•~2,378 sq ft•Single Family

    216 Porcupine Lane, Chelan, WA 98816

    6%

    Under list

    147

    Days on market

    0.7 mi

    Distance

  • $985,000 Sold

    2 weeks ago

    3 bd•1.75 ba•~1,270 sq ft•Single Family

    523 Mackinaw Lane, Chelan, WA 98816

    12%

    Under list

    216

    Days on market

    0.9 mi

    Distance

  • $605,000 Sold

    2 weeks ago

    3 bd•2.5 ba•~2,286 sq ft•Single Family

    215 San Remo Lane, Chelan, WA 98816

    1%

    Over list

    104

    Days on market

    0.3 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 agent

Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 30, 2026 at 1:02 AM PT (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.

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