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2988 Malaga Alcoa Highway, Malaga, WA, 98828

6beds
3baths
3,636sqft
$3,200,000
$880price/sqft
$19,161/moest. monthly cost
$766,440/yrincome needed

About This Home

Rare 50-Acre Opportunity with Riverfront, Views & Development Potential! Incredible chance to own three parcels totaling 50 acres of prime land featuring stunning views and coveted river frontage. Whether you're an investor, developer, or dreaming of a legacy property, this one checks all the boxes! Currently zoned RR-5, with the county confirming potential for a cluster or planned development, this property offers exciting upside and flexibility for future use. The property is already well-equipped with power, city water connected and irrigation in place, making it ideal for continued agricultural use or future development.Multiple homes on-site, including a spacious triple-wide manufactured home and the original farmhouse. Numerous outbuildings, including a 4,800 sq ft shop and RV hookups for added convenience. Endless possibilities—continue the orchard lifestyle, create a private estate, or explore development potential in a truly special setting. Opportunities like this don’t come around often—don’t miss your chance to bring your vision to life!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
13
BikeSomewhat Bikeable

Schools

5/10
5/10
Pioneer Middle SchoolGrades 6-85.3 mi
6/10
Wenatchee High SchoolGrades 9-125.4 mi

Construction

Condition

  • Year built: 1994

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: Wood Products

Notable Dates

  • Major remodel year: 1994

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Manuf-Triple Wide
  • Property subType: Manufactured On Land

Interior

Appliances

  • Appliances included: Dishwasher,Stove(s)/Range(s),Dishwasher(s)

Bathroom Full

  • Level: Main

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Family Room

  • Level: Main

Features

  • Flooring: Laminate

Heating

  • Heating features: Forced Air,Electric

Interior Area

  • Total structure area: 2,080
  • Total interior livable area: 3,636 sqft

Kitchen Without Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 222129120050
  • Zoning: RR-5
  • Zoning description: Jurisdiction: County
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: River,Territorial
  • Has water view: Yes
  • Water view: River
  • On waterfront: Yes
  • Waterfront features: High Bank,River
  • Frontage length: Waterfront Ft: 1441
  • Topography of land: Level,Partial Slope,Rolling

Lot

  • Lot size: 50.00 Acres
  • Features: Open Lot,Irrigation,Outbuildings,RV Parking,Shop

Parking

  • Total spaces: 10
  • Parking features: Detached Garage,RV Parking
  • Has garage: Yes
  • Covered spaces: 10

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 $16,180$194,160
Home Insurance *$616$7,392
Property Taxes $2,117$25,404
Electricity $248$2,984
Total$19,161$229,932
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$656,948/yr
40% on housing$574,830/yr
45% on housing$510,960/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

$880This listing

vs Other Active Listings

Avg $/sqft

ZIP 98828$321
Chelan County$363

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
2026-04-10Listed for sale$3,200,000

For Sale by Agent

AgentKady Gonzalez
BrokerageeXp Realty

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