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2627 Malaga Alcoa Highway, Malaga, WA, 98828

7beds
5baths
4,304sqft
$2,750,000
$639price/sqft
$16,217/moest. monthly cost
$648,680/yrincome needed

About This Home

Developers take notice. This 52 acre parcel located in the West Malaga Loop, zoned Rural Village and will lend itself to a wide variety of land use or developmental configurations. Large, level base area right off the highway includes 2 large homes, a variety of outbuildings and a preliminary plat for 47 additional lots. The upper bench could reasonably fit up to 10 view lots. Several springs on the property provide an ample water supply. Please ask about previous sale and how to capitalize on the completed studies and plat approval process. A new developer could save potentially 30 months and thousands of dollars in planning and study work.

Getting Around

4
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

4/10
4/10
Pioneer Middle SchoolGrades 6-84.9 mi
5/10
Wenatchee High SchoolGrades 9-125.0 mi

Construction

Condition

  • Property condition: Average
  • Year built: 1969

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 1969

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary,1 Story w/Bsmnt.
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s),Water Heater: Electric,Water Heater Location: Utility

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Second

Bedroom

  • Level: Main

Bedroom

  • Level: Second

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 5
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Den Office

  • Level: Main

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Family Room

  • Level: Main

Features

  • Bath Off Primary,Ceiling Fan(s),Dining Room,Pantry
  • Flooring: Carpet

Great Room

  • Level: Main

Heating

  • Heating features: Forced Air,Electric

Interior Area

  • Total structure area: 2,734
  • Total interior livable area: 4,304 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Other

  • Level: Second

Rec Room

  • Level: Main

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 222129220050
  • Zoning: RV
  • Zoning description: Jurisdiction: County
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Bath Off Primary,Ceiling Fan(s),Dining Room,Pantry,Vaulted Ceiling(s),Water Heater
  • Topography of land: Level,Partial Slope,Sloped,Terraces
  • Residential vegetation: Fruit Trees

Lot

  • Lot size: 52.00 Acres
  • Features: High Voltage Line,Paved,Value In Land,Outbuildings,Shop,Sprinkler System

Parking

  • Total spaces: 4
  • Parking features: Detached Carport,Detached Garage
  • Has garage: Yes
  • Covered spaces: 4
  • Carport: Yes

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

  • Inland Flooding
    Inland FloodingVery High
  • Wildfire
    WildfireVery High
  • Avalanche
    AvalancheRelatively High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Inland Flooding
Wildfire
Avalanche
Cold Wave
Hail
Lightning
Winter Weather
Earthquake
Heat Wave
Landslide

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 $13,905$166,860
Home Insurance *$529$6,348
Property Taxes $1,489$17,868
Electricity $294$3,532
Total$16,217$194,604
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$556,011/yr
40% on housing$486,510/yr
45% on housing$432,453/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

$639This listing

vs Other Active Listings

Avg $/sqft

ZIP 98828$356
Chelan County$364

vs Homes Sold Last Month

Median $/sqft

ZIP 98828$300
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
2026-06-01Listed for sale$2,750,000
2022-01-01Listing removed--
2021-07-16Listed for sale$3,270,000

For Sale by Agent

AgentJerry L. Paine
BrokerageWindermere Real Estate/NCW

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