10490 10514 S Lakeshore Road Chelan, WA $ 1,499,000
10490 10514 S Lakeshore Road
$ 1,499,000
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10490 10514 S Lakeshore Road

Chelan, WA, 98816
$ 1,499,000
Baths0.0 Sq 3,008

Monthly Estimate*

$ 9,963

Listed by Jae Evans Real Estate
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Studio

Multi-Family Home for sale in Chelan, WA

for $1,499,000. This 3,008 square foot home was built in 2010 on a lot size of 0.58.

Lake Chelan waterfront at its best! Unique opportunity to own 2 successful, fully permitted vacation rental houses. These 2 turn-key homes are almost identical, w/combined total 100 ft of waterfront & buoy for boat moorage. Dock plans complete. Great rental income history. Main floors feature open functional floorplan boasting beautiful, serene Lake Chelan views. Lots of natural light. In addition to main level primary bedroom, each home has a large bunkroom downstairs & a queen bed up in loft. Large decks in back facing lake offer beautiful 180 degree views of lake & mountains. Multiple outdoor areas including in-ground pool are perfect for entertaining. Been used as both a great income producing VBRO and as a family residential compound.

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Multi-Family Active

Price

$ 1,499,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,064

Style

Duplex

Lot Size

0.58

Year Built

2010

Town/City

Chelan

County/Region

Chelan

MLS | Web ID

2062293

Features
General
Interior Features Hardwood Laminate Wall to Wall Carpet
Sewer Septic Tank
Heating Forced Air Heat Pump
Cooling Forced Air Heat Pump
Possession Closing Negotiable
Roof Composition
Exterior Features Wood Products
HOA 0
Pool Features In Ground
Security Features FullyFenced
Year Built 2010
View Lake Mountain(s) Territorial
Property SubType Multi-Family
Tax Year 2022
Waterfront Features Bank-High
Building Name Joshua Greens
County Chelan
Net Operating Income 87834
Insurance Expense 2316
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name South Shore
Special Listing Conditions None
Status Active
Directions South Lakeshore Road approx 2 miles uplake from state park
High School Chelan High
City Chelan
Buyer Agent Compensation 2.5
View Y/N Y
Senior Community Y/N N
High School District Lake Chelan
Open Parking Spaces 4
NumberOfUnitsTotal 2
MLS Area 961 - Lake Chelan
Lot Size Units Square Feet
Lot Size Square Feet 25264
Waterfront Y/N Y
Carport Spaces 0
Carport Y/N N
Street Name Lakeshore
Listing Terms Cash Out Conventional
Elementary School Morgen Owings Elem
Tax Annual Amount 6064
Electric Expense 2849
Fuel Expense 0
Middle/Junior High School Chelan Mid
Property Condition Good
Public Remarks Lake Chelan waterfront at its best! Unique opportunity to own 2 successful fully permitted vacation rental houses. These 2 turn-key homes are almost identical w/combined total 100 ft of waterfront &
Leasable Area 3008
Structure Type Duplex
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Units Below Grade false
Water Sewer Garbage 1251
Property Style 52 - Duplex
Cap Rate 5.7
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Interior
Flooring Hardwood Laminate Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Road
Bedrooms Possible 4
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Parking Features RV Parking
Lot Features Open Space Paved Secluded
Water Source Community Shared Well
Total Parking 4
Foundation Details Poured Concrete
Building Area Total 3008
Lot Dimensions 100x354
Lot Size Acres 0.58
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Cable TV Deck Fenced-Partially High Speed Internet Outbuildings Patio Propane RV Parking
Pool Type In-Ground
Parking Uncovered Spaces 4
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Internal Only
OriginalMLSID NWM2062293
Street Number 1 10490
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* Excluded Features
List By
Teri Mackenzie

Listing Agent

Jae Evans Real Estate

Broker

Affordability Calculator

$10,468
Per Month
95%
5%
0%
Monthly Principal & Interest
$9,963
Monthly Property Taxes
$505
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
258345 Elementary School
258638 Middle School
Chelan High High School
Pricing History
DatePricePrice ChangeDescription
2/26/2024$1,499,000 -0.40% Price Down
11/28/2023$1,505,000 -0.99% Price Down
11/8/2023$1,520,000 -1.30% Price Down
5/16/2023$1,540,000 Listed Price

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10490 10514 S Lakeshore Road, Chelan, WA, 98816 is a Multi-Family Home for sale at $1,499,000 with 3,008 sqft and a lot size of 0.58. 10490 10514 S Lakeshore Road is a studio with 0.0 baths and was built in 2010. The property's zip code is 98816 which is in Chelan, WA