Listing provided courtesy of RE/MAX AdvantageNWMLSas Distributed by MLSGrid- MLS# NWM2472707MLS Provider

231 Key LaneChelan, WA 98816

Single Family · 5 Beds · 2 Full Baths · 1 Half Bath · 1 Three Quarter Bath · 4,903 Sq. ft. | 0.19 Acres
$3,250,000 Pending

231 Key Lane Overview

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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.

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231 Key Lane Facts & Features

  • Type Single Family
  • Sq. ft. 4,903
  • Price/Sq.ft. $663
  • Lot 0.19 Acres

Details

General

Association/HOA

  • Association Fee: $880.00
  • Association Fee Frequency: Annually
  • Association Fee Includes: Common Area Maintenance

School Information

  • School District: Lake Chelan
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Building Information

  • New Construction: No
  • Year Built: 1999

Location/Region

  • Country: US
  • County Or Parish: Chelan
  • MLS Area Major: 961 - Lake Chelan
  • Subdivision Name: Chelan

Community/Development

  • Community Features: CCRs

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $13,203.00
  • Tax Year: 2025

General Information

  • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Leased Equipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Conventional
  • Parcel Number: 272210640039
  • Property Condition: Very Good
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Building Information

  • Building Information: Built On Lot

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Three Quarter: 1
  • Bathrooms Total: 4
  • Bedrooms Total: 5
  • Bedrooms Lower: 4
  • Bedrooms Upper: 0

Building Interior

  • Appliances Included: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 4903
  • Building Area Units: Square Feet
  • Calculated Square Footage: 4903
  • Square Footage Finished: 4903
  • Square Footage Unfinished: 0

General Information

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Basement: Finished
  • Cooling: Yes
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Flooring: Ceramic Tile, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Interior Features: Second Primary Bedroom, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Pantry, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Levels: One
  • Living Area: 4903
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Power Production Type: Electric,Propane

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Attached Garage
  • Parking Total: 6
  • Parking Uncovered Total: 4

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Cul-De-Sac, Curbs, Paved
  • Lot Size Acres: 0.19
  • Lot Size Square Feet: 8276
  • Lot Size Units: Square Feet
  • Pool Type: Community
  • Site Features: Deck, Dock, High Speed Internet, Moorage, Patio, Propane, Sprinkler System
  • Topography: Level, Partial Slope
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront Features: Lake, No Bank
  • Waterfront Footage: 65
  • Waterfront: Yes

Building Exterior/Construction

  • Attached Garage: Yes
  • Direction Faces: North
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 2
  • Exterior Features: Wood Products
  • Pool Features: Community
  • Sewer: Sewer Connected

Room Information

Room: Bathroom Full

  • Level: Lower

Room: Bathroom Three Quarter

  • Level: Lower

Room: Bedroom

  • Level: Lower

Room: Bedroom

  • Level: Lower

Room: Bedroom

  • Level: Lower

Room: Primary Bedroom

  • Level: Lower

Room: Rec Room

  • Level: Lower

Room: Utility Room

  • Level: Lower

Room: Bathroom Full

  • Level: Main

Room: Bathroom Half

  • Level: Main

Room: Dining Room

  • Level: Main

Room: Entry Hall

  • Level: Main

Room: Great Room

  • Level: Main

Room: Kitchen With Eating Space

  • Level: Main

Room: Primary Bedroom

  • Level: Main

231 Key Lane Neighborhood

Community

98816 (Chelan) Demographics

41
Median Age
14
Population Density (per sq. mile)
28%
College Educated
$56,582
Estimated Median Income
1,416
Estimated Total Home Owners
879
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

231 Key Lane Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

231 Key Lane Market Data

Based on the last 30 days in this zip code

$934,495
Average List Price
$518
Average Price per Square Foot
19
Properties Sold
106
Average Days on Market
188
Properties for Sale
Calculations provided by Reliance Network

231 Key Lane History

Date Event Value Agent
6/19/2026Source: NWMLS Status Change
Pending
5/5/2026Source: NWMLS Price Reduction
$3,250,000 -7.1%
3/31/2026Source: NWMLS Price Reduction
$3,500,000 -10.3%
1/31/2026Source: NWMLS Added to Database
January 31, 2026