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316 E Wapato Avenue #1, Chelan, WA, 98816

2beds
2baths
1,134sqft
$320,000
$282price/sqft
$2,050/moest. monthly cost
$82,000/yrincome needed

About This Home

Welcome to the charming Wapato Street Condos, conveniently located at 316 E Wapato Ave in the heart of Lake Chelan. This comfortable, low-maintenance, affordable end-unit condo is perfect whether you are a first-time buyer, a local resident, in need of an investment property or looking for a vacation home. Condo #1 features a prime street-front corner location with walk-out sliding glass doors to the beautifully landscaped, spacious grass yard. Light-filled and well-maintained, this 1,134 sq ft condo offers 2 bedrooms and 1.5 baths. The main level includes a bright great room with lots of windows, practical kitchen with eating area, half-bath, private enclosed patio and utility room with washer/dryer. Upstairs you’ll find the primary bedroom with large closet, guest bedroom and full bathroom. Recent updates include new wood-grained LVP flooring, fresh paint and new appliances. Dedicated parking on-site and plenty of street parking is available. Walking distance to downtown Chelan, shopping, dining, wineries and year-round recreation.

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

6/10
Chelan Middle SchoolGrades 6-80.4 mi
6/10
Chelan High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1995

Materials

  • Roof: Composition
  • Construction materials: Brick,Cement/Concrete,Wood Siding,Wood Products

Type & Style

  • Home type: Condo
  • Architectural style: Condo (2 Levels)
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Water Heater: Electic,Water Heater Location: Main Floor

Bathroom Full

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Entry Hall

  • Level: Main

Features

  • Window features: Coverings: Blinds
  • Flooring: Ceramic Tile,Vinyl Plank,Carpet

Great Room

  • Level: Main

Heating & Cooling

  • Heating features: Forced Air,Heat Pump,Electric
  • Cooling features: Forced Air,Heat Pump

Interior Area

  • Total interior livable area: 1,134 sqft

Kitchen With Eating Space

  • Level: Main

Master Bedroom

  • Level: Second

Other

  • Level: Lower

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 272213935010
  • Special condition: Standard
  • Other equipment: Leased Equipment: N/A

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main
  • Patio & porch: End Unit,Ground Floor,Water Heater
  • Has view: Yes
  • View description: Territorial

Lot

  • Lot size: 4,356 sqft
  • Features: Curbs,Paved,Sidewalk

Parking

  • Total spaces: 4
  • Parking features: Off Street,Uncovered
  • Uncovered spaces: 4

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
    WildfireVery High
  • Avalanche
    AvalancheRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Wildfire
Avalanche
Inland Flooding
Lightning
Cold Wave
Earthquake
Hail
Winter Weather

FEMA Declared Disasters in Chelan County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
Mortgage $1,618$19,416
Home Insurance *$98$1,176
Property Taxes $185$2,220
Electricity $149$1,793
Total$2,050$24,600
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,285/yr
40% on housing$61,500/yr
45% on housing$54,666/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

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.

Insurance Growth Rate5-year average: 11.1%
11.1%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.0%
5.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$282This listing

vs Other Active Listings

Avg $/sqft

ZIP 98816$477
Chelan County$367

vs Homes Sold Last Month

Median $/sqft

ZIP 98816$360
Chelan County$300

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

DateEventPrice
2026-05-07Price change$320,000
2026-04-02Price change$340,000
2026-02-12Listed for sale$350,000
2011-03-23Sold$95,000
2010-10-08Sold$126,559

For Sale by Agent

AgentJohn Gasper
BrokerageWindermere RE/Lake Chelan

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