$2,500,000
Est. $12,747/mo315 W Gibson Avenue, Chelan, WA 98816
• Listed 2026-06-16•22 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 NCW
Listing updated: June 30, 2026 at 01:10pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2541255
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315 W Gibson Avenue, Chelan, WA 98816
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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 36 days.
$81,000 Sold
2 weeks ago
•Single Family
1350 W Woodin Avenue #cde2, Chelan, WA 98816
2%
Under list
—
Days on market
0.9 mi
Distance
$81,000 Sold
2 weeks ago
•Single Family
1350 W Woodin Avenue #cde1, Chelan, WA 98816
2%
Under list
—
Days on market
0.9 mi
Distance
$137,500 Sold
3 weeks ago
•Single Family
1111 E Allen Street, Chelan, WA 98816
21%
Under list
—
Days on market
0.6 mi
Distance
$475,000 Sold
5 weeks ago
3 bd•2 ba•~1,694 sq ft•Single Family
116 E Raymond Avenue, Chelan, WA 98816
4%
Under list
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Days on market
0.8 mi
Distance
$70,000 Sold
6 weeks ago
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1350 #b8 W Woodin Avenue #b8, Chelan, WA 98816
3%
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 Jul 2026
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