$2,800,000
Listed at $3,250,0005 bd•2.5 ba•3,778 sq ft
231 Key Lane, Chelan, WA 98816
• Listed 2026-01-31
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Based on information submitted to the MLS GRID as of July 10, 2026 at 01:18pm (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.
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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.
Listed by Mary Signorelli • RE/MAX Advantage
Listing updated: July 10, 2026 at 01:18pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2472707
Open houses
No upcoming open houses scheduled for this property.
RexMont Value Snapshot
Pull the latest nearby sold homes matched on size, age, and location.
Neighborhood mobility
Chelan is a buyer's market.
Inventory is rising and homes are sitting longer. Buyers have room to negotiate.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells for about 3% below list price.
Time on market: The average home goes pending in around 35 days.
$2,800,000 Sold
2 weeks ago
5 bd•2.5 ba•~3,778 sq ft•Single Family
231 Key Lane, Chelan, WA 98816
14%
Under list
—
Days on market
0.1 mi
Distance
$1,500 Sold
2 weeks ago
3 bd•1 ba•Single Family
100 Lake Chelan Shores Drive #15-8f, Chelan, WA 98816
0%
Over list
—
Days on market
0.2 mi
Distance
$155,000 Sold
6 weeks ago
•Single Family
124 Hillcrest Place, Chelan, WA 98816
16%
Under list
—
Days on market
1.0 mi
Distance
$1,025,000 Sold
6 weeks ago
3 bd•2 ba•~2,864 sq ft•Single Family
204 Stehekin Way, Chelan, WA 98816
7%
Under list
—
Days on market
0.6 mi
Distance
$635,000 Sold
7 weeks ago
4 bd•~2,034 sq ft•Single Family
109 Pyramid Place, Chelan, WA 98816
2%
Under list
—
Days on market
0.5 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 Jul 2026
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.
