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259 Bobcat Lane, Chelan, WA, 98816

4beds
4baths
2,479sqft
$1,299,990
$524price/sqft
$7,821/moest. monthly cost
$312,840/yrincome needed

About This Home

Beautiful, like new 4bd/3.5ba lake view home at The Lookout! A main level primary suite, 2 oversized top-level bedrooms, and another primary suite with TV/Game room on the lower level allow for a high guest capacity leading to increased rental income. The main floor offers an open concept layout that flows to a covered deck featuring lake & mountain views. A spacious paver patio and lower-level deck offer the finest in outdoor living. Gatherings around the fire pit, outdoor dining, evenings in the hot tub and more. This home is ready for your finishing decor touches to create a true Lake Chelan vacation paradise! The Lookout offers a private waterfront, marina, pools, parks, playgrounds, sport courts, & on-site rental management.

Getting Around

10
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

6/10
Chelan Middle SchoolGrades 6-81.2 mi
6/10
Chelan High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 2022

Materials

  • Foundation: Poured Concrete
  • Roof: Metal
  • Construction materials: Wood Products

Notable Dates

  • Major remodel year: 2023

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman,2 Stories w/Bsmnt
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s),Water Heater: Gas,Water Heater Location: Basement

Basement

  • Has basement: Yes
  • Basement: Finished

Bathroom Three Quarter

  • Level: Main

Bathroom Three Quarter

  • Level: Lower

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 1
  • 3/4 bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Bath Off Primary,Dining Room
  • Door features: French Doors
  • Window features: Dbl Pane/Storm Window
  • Flooring: Ceramic Tile,Vinyl Plank
  • Number of fireplaces: 1
  • Fireplace features: Gas,Main Level: 1,Fireplace
  • Fireplace: Yes

Great Room

  • Level: Main

Heating

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

Interior Area

  • Total structure area: 2,479
  • Total interior livable area: 2,479 sqft

Kitchen With Eating Space

  • Level: Main

Master Bedroom

  • Level: Main

Master Bedroom

  • Level: Lower

Other

  • Level: Main

Rec Room

  • Level: Lower

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 272211570314
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main
  • Pool features: Community
  • Patio & porch: Second Primary Bedroom,Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Fireplace,French Doors,Sprinkler System,Vaulted Ceilings,Walk-In Closet(s),Water Heater,Wet Bar
  • Has view: Yes
  • View description: Territorial
  • Topography of land: Level,Partial Slope

Lot

  • Lot size: 3,484 sqft
  • Features: Paved,Sidewalk,Cable TV,Deck,Gas Available,High Speed Internet,Patio,Sprinkler System

Parking

  • Parking features: Driveway

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
    WildfireRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Wildfire
Inland Flooding
Lightning
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 $6,573$78,876
Home Insurance *$398$4,776
Property Taxes $681$8,172
Electricity $169$2,034
Total$7,821$93,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$268,148/yr
40% on housing$234,630/yr
45% on housing$208,560/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

$524This listing

vs Other Active Listings

Avg $/sqft

ZIP 98816$466
Chelan County$365

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
2026-02-03Listed for sale$1,399,999
2021-02-08Sold$238,000
2020-05-01Listing removed$238,000
2020-04-24Price change$238,000
2019-10-11Price change$599,500
2019-08-27Listed for sale$595,000
2019-03-01Listing removed$595,000
2018-11-17Price change$595,000
2018-04-10Listed for sale$621,000

For Sale by Agent

AgentAndrew Hayashi
BrokerageeXp Realty

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