$2,500,000
Est. $13,239/mo315 W Gibson Avenue, Chelan, WA 98816
• Listed 2026-06-16•10 days on market
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Westwind combines existing income with thirteen separately established condominium interests, preserving multiple ownership and exit strategies not typically associated with a traditional multifamily acquisition. Offered as a single acquisition, the project provides the ability to continue current operations while retaining the flexibility associated with separate condominium ownership. Located directly across from Don Morse Memorial Park and within walking distance to Lake Chelan, the marina, restaurants, shopping, grocery stores, the Lakeview Drive-In, bowling, recreation amenities, and Link Transit, the property benefits from one of downtown Chelan's most walkable settings. Seller-owned future air rights, six garages, demonstrated renovation upside, and Downtown Mixed Residential zoning provide additional flexibility for future ownership objectives. Buyers may elect to continue operations, enhance income through renovations, pursue individual condominium dispositions over time, hold for long-term appreciation, or independently evaluate future expansion or redevelopment concepts. Buyer to verify all information material to intended use.
Listed by Russ McClellan • KW Frontline
Listing updated: September 9, 2026 at 01:11pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2541255
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No upcoming open houses scheduled for this property.
315 W Gibson Avenue, Chelan, WA 98816
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Neighborhood mobility
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Chelan is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 3% below list price.
Time on market: The average home goes pending in around 10 days.
$140,000 Sold
3 days ago
•Single Family
919 E Johnson(lot 11) Avenue, Chelan, WA 98816
12%
Under list
—
Days on market
0.9 mi
Distance
$780,000 Sold
3 weeks ago
2 bd•3 ba•~1,092 sq ft•Single Family
117 Bluebell Lane, Chelan, WA 98816
2%
Under list
—
Days on market
0.8 mi
Distance
$1,157,500 Sold
5 weeks ago
4 bd•4 ba•~2,124 sq ft•Single Family
217 Bluebell Lane, Chelan, WA 98816
11%
Under list
—
Days on market
0.8 mi
Distance
$685,000 Sold
6 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
0.2 mi
Distance
$79,000 Sold
7 weeks ago
•Single Family
1350 Woodin Avenue #a-08, Chelan, WA 98816
1%
Under list
—
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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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 September 9, 2026 at 01:11pm (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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