$1,199,000
Est. $6,196/mo3 bd•2 ba•1,995 sq ft
122 Lookout Way, Chelan, WA 98816
• Listed 2026-05-01•82 days on market
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Panoramic Views & Low-Maintenance Luxury Welcome to your private sanctuary overlooking the crystal-clear waters of Lake Chelan. Built just 5 years ago and meticulously maintained, this home pairs breathtaking, unobstructed lake views with the effortless, high-end features perfect for a full-time residence, a relaxing retirement, or premium lock-and-leave retreat. Bathed in natural light, the open-concept interior features premium hardwood floors and a designer kitchen built for entertaining. The main living space flows seamlessly to an all-season outdoor patio—complete with built-in radiant heaters—offering the perfect venue for morning coffee or evening wine Exclusive Waterfront Amenities: Located in Chelan Hills, enjoy private access to 2 community pools (including one right on the water’s edge), 2 private waterfront beach parks, a private boat launch, and boat buoy access. Four-Season Comfort & Convenience: Climate-controlled garage (heat and A/C), pre-wired for a hot tub, and an engineered heated driveway so you never have to worry about winter snow removal. Modern Upgrades: Fully wired for EV charging and pre-wired for a hot tub. Whether you are looking for an upscale home to enjoy the local community year-round, a permanent place to retire, or a summer launchpad for boating, this property delivers the quintessential Pacific Northwest lifestyle. Your sun-drenched valley escape is waiting.
Listed by Desiree Phelps • KW NCW
Listing updated: June 19, 2026 at 03:41pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2510723
Open houses
No upcoming open houses scheduled for this property.
122 Lookout Way, Chelan, WA 98816
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
$7,909 per month
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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 50 days.
$340,000 Sold
5 days ago
•Single Family
126 Mira Vista Drive, Chelan, WA 98816
11%
Under list
—
Days on market
0.8 mi
Distance
$780,000 Sold
2 weeks ago
2 bd•3 ba•~1,092 sq ft•Single Family
117 Bluebell Lane, Chelan, WA 98816
2%
Under list
—
Days on market
0.9 mi
Distance
$1,157,500 Sold
3 weeks ago
4 bd•4 ba•~2,124 sq ft•Single Family
217 Bluebell Lane, Chelan, WA 98816
11%
Under list
—
Days on market
1.0 mi
Distance
$120,000 Sold
4 weeks ago
•Single Family
104 Crest Drive, Chelan, WA 98816
17%
Under list
—
Days on market
0.8 mi
Distance
$2,800,000 Sold
2 months ago
5 bd•3.25 ba•~3,778 sq ft•Single Family
231 Key Lane, Chelan, WA 98816
14%
Under 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 June 19, 2026 at 03:41pm (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.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
$1,176,000
-$23,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $600K and $875K.
Rental earnings
$3,525/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$635,000Last sold price
109 Pyramid Place, Chelan, WA 98816

$759,000Last sold price
101 Stormy Mountain Way, 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.
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