119 W Gibson Avenue, Chelan, WA, 98816
About This Home
Affordable in-town Chelan living with endless potential! Just blocks from the sparkling waters of Lake Chelan, this charming 2-bedroom home offers an incredible opportunity to own in one of Washington's most sought-after destinations. Situated on a large, level 6,534 sq. ft. lot, the property features a spacious backyard with room to entertain, garden, expand outdoor living, or simply relax and enjoy the Chelan sunshine. Inside, you'll find an efficient single-level floor plan making it an ideal full-time residence, vacation getaway, or investment property. The unbeatable location places you within walking distance of downtown Chelan's restaurants, wineries, boutique shopping, parks, public beaches, boat launches, and year-round community events. Spend your days boating, paddleboarding, wine tasting, golfing, hiking, or exploring everything Lake Chelan has to offer—all just minutes from your front door. Whether you're looking for your first home, a weekend retreat, or a property to personalize over time, this is your chance to enjoy the coveted Chelan lifestyle at an attainable price. Don't miss this rare opportunity to own an in-town property in the heart of Lake Chelan. Buyer to verify intended use, short term rentals and zoning directly with governing authorities
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Very Good
- Year built: 1930
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Wood Products
Notable Dates
- Major remodel year: 1930
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional,1 Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Refrigerator(s)
Basement
- Basement: None
Bathroom Full
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Entry Hall
- Level: Main
Family Room
- Level: Main
Features
- Window features: Dbl Pane/Storm Window
- Flooring: Laminate
Heating & Cooling
- Heating features: Forced Air,Heat Pump,Electric
- Cooling features: Forced Air,Heat Pump
Interior Area
- Total structure area: 784
- Total interior livable area: 784 sqft
Kitchen With Eating Space
- Level: Main
Living Room
- Level: Main
Utility Room
- Level: Main
Property
Details
- Parcel number: 272212590574
- Zoning description: Jurisdiction: City
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Dbl Pane/Storm Window
- Has view: Yes
- View description: Mountain(s),Territorial
- Topography of land: Level
- Residential vegetation: Garden Space
Lot
- Lot size: 6,534 sqft
- Features: Curbs,Paved,Sidewalk,Cable TV,Deck,Fenced-Partially,High Speed Internet,Outbuildings
Parking
- Total spaces: 2
- Parking features: Off Street
- Uncovered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Wildfire
- Inland Flooding
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Chelan County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,169 | $26,028 |
| Home Insurance * | $131 | $1,572 |
| Property Taxes | $241 | $2,892 |
| Electricity | $149 | $1,793 |
| Total | $2,690 | $32,280 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-17 | Listed for sale | $429,000 |
View on Zillow