$1,950,000
Est. $10,801/mo315 W Gibson Avenue, Chelan, WA 98816
• Listed Oct 5, 2026•115 days active · 115 cumulative
Listing Broker: KW Frontline; Russ McClellan; 509-470-2416; russ@frontlinechelan.com
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Listing Broker: KW Frontline; Russ McClellan; 509-470-2416; russ@frontlinechelan.com
About this home
Westwind is not a traditional apartment building. The property includes 13 established residential condominium units currently operated together as a rental investment, along with separately condominiumized garages and parking interests. This structure creates a unique combination of current income and long-term exit flexibility. Several units have had limited rent adjustments over time, providing opportunity to increase revenue and NOI as rents move toward market levels. Continue operating as a rental portfolio, improve units and income, or potentially sell individual condominium interests over time. Seller-owned future air rights and Downtown Mixed Residential zoning add further flexibility. Directly across from Don Morse Memorial Park and walking distance to Lake Chelan, marina, dining, shopping and recreation.
Listed by Russ McClellan • KW Frontline
Listing updated: October 8, 2026 at 11:56am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2590977
Around this home
Sun and shade
See where the sun and shade fall on this lot. Pick a day and drag the time.
Sunrise 7:15 AM · Sunset 6:15 PM Pacific
Shadows come from terrain and mapped buildings. Trees are not shown, so a yard under big trees can be shadier than this map. Sun map by ShadeMap.
How much should you offer?
315 W Gibson Avenue, Chelan, WA 98816
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
Layout
- Comm Bldg Ovr 10K
Heating & cooling
- Baseboard heating
- Ductless heating
- See Remarks heating
- Wall Furnace heating
- Ductless cooling
- See Remarks cooling
Commercial facts
As entered by the listing broker on Northwest MLS
Building
- Year built
- 1956
Parking & site
- Acres
- 0.52 acres
- Lot square feet
- 22,836 sq ft
- Zoning jurisdiction
- City
Taxes & terms
- Financing
- Cash, Conventional, Owner Will Carry
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.
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Schools
Ratings via SchoolDiggerSchool information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
Mortgage payment forecast
$12,752 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: KW Frontline; Russ McClellan; 509-470-2416; russ@frontlinechelan.com
Market pulse
Chelan is a buyer's market.
Inventory is rising and homes are sitting longer. Buyers have room to negotiate.
Offer insight: Sellers are often willing to negotiate on price and terms.
List to sale price: The average home sells for about 2% below list price.
Time on market: The average home goes pending in around 109 days.
Recent sales nearby
Within 1 mile · last 6 months$510,000 Sold
3 days ago
4 bd•1.75 ba•~2,000 sq ft•Single Family
229 W Allen Avenue, Chelan, WA 98816
0%
Over list
153
Days on market
0.1 mi
Distance
$140,000 Sold
3 weeks ago
•Single Family
919 E Johnson(Lot 11) Avenue, Chelan, WA 98816
12%
Under list
231
Days on market
0.9 mi
Distance
$475,000 Sold
4 weeks ago
3 bd•1.75 ba•~1,197 sq ft•Single Family
233 E Gibson, Chelan, WA 98816
0%
Over list
126
Days on market
0.4 mi
Distance
$85,000 Sold
5 weeks ago
•2.25 ba•Single Family
1350 W Woodin Avenue #EDE1, Chelan, WA 98816
9%
Under list
149
Days on market
0.9 mi
Distance
$785,000 Sold
5 weeks ago
2 bd•1.75 ba•~1,092 sq ft•Single Family
481 Mackinaw Lane, Chelan, WA 98816
2%
Under list
183
Days on market
0.8 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 Oct 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 8, 2026 at 11:56am (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.
HO
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