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Sold Closed July 10, 2026

$2,800,000

Originally $3,900,000

5 Bedrooms

3.25 Bathrooms

3,778 Sqft House

Waterfront

Built 1999

8,276 Sqft Lot

2-Car Garage

HOA Dues $73 / month

231 Key Ln Chelan WA 98816

SALE HISTORY

List price was $3,900,000
The price was later changed to $3,250,000.
It took 139 days to go pending.
Then 21 days to close at $2,800,000
Closed at $741/SQFT.

PRICING REFRESH on this Key Bay waterfront home, creating an outstanding opportunity to own 65 feet of sandy, no-bank waterfront with unobstructed lake views. From the street, the home appears smaller than it is, but step inside and discover a surprisingly expansive 4,900+ square feet of thoughtfully designed living space, including a fully finished basement ideal for comfort, entertaining, and refined lake living. The open-concept main level showcases a gourmet kitchen that flows seamlessly into the spacious great room, anchored by an impressive custom river rock double-sided fireplace wall and an expansive deck overlooking the lake. Floor-to-ceiling windows fill the home with warm natural light while capturing stunning views from nearly every room. With 5 bedrooms, including two primary suites—one on each level—plus a dedicated office, the layout offers exceptional flexibility for guests, extended stays, or multigenerational living. Enjoy effortless indoor-outdoor living with an upper deck and covered lower patio that opens to the lawn and beach. Boating enthusiasts will appreciate the shared dock, covered boat lift, and three dedicated buoys. Community amenities include a sandy beach, pool, and park. This is a rare opportunity to own luxury waterfront in one of Lake Chelan’s most peaceful and coveted communities.

Offer Review

No offer review date was specified

Listing source NWMLS MLS #

2472707

Listed by

Mary Signorelli, RE/MAX Advantage
Merry Sterling, RE/MAX Advantage

Buyer's broker

Nick Kiel, John L. Scott, Inc.
Alex Kiel, John L. Scott, Inc.

We don't currently have a buyer representative in this area. To be sure that you're getting objective advice, we always suggest buyers work with their own agent, someone who is not affiliated with the seller.

Bedroom & Bathroom Layout

MAIN

BDRM

FULL
BATH

BATH

LOWER

BDRM

FULL
BATH

BATH

Property History

Jul 10, 2026

Sold

$2,800,000

NWMLS #2472707

Jun 19, 2026

Went Pending

$3,250,000

NWMLS #2472707

May 05, 2026

Price Reduction

$3,250,000

NWMLS #2472707

Mar 31, 2026

Price Reduction

$3,500,000

NWMLS #2472707

Jan 31, 2026

Listed

$3,900,000

NWMLS #2472707

Sep 05, 2025

Price Reduction

$4,999,000

NWMLS #2422869

Aug 20, 2025

Listed

$5,500,000

NWMLS #2422869

Listing Details

Sale Price

$2,800,000
Closing Date

July 10, 2026
Last List Price

$3,250,000
Original Price

$3,900,000
List Date

January 31, 2026
Pending Date

June 19, 2026
Days to go Pending

139 days
$/sqft (Total)

$741/sqft
$/sqft (Finished)

$741/sqft
Listing Source

NWMLS
MLS Number

2472707
Listing Broker

Mary Signorelli
Listing Office

RE/MAX Advantage
Buyer's Broker

Nick Kiel
Buyer Broker's Firm

John L. Scott, Inc.

Monthly Payment Estimate

Principal and Interest

$14,678 / month
HOA

$73 / month
Property Taxes

$1,100 / month
Homeowners Insurance

$526 / month
TOTAL

$16,378 / month
based on 20% down

($560,000)
and a

6.85% Interest Rate
About:

All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.

House Details

Sqft (Total)

3,778 sqft
Sqft (Finished)

3,778 sqft
Sqft (Unfinished)

None
Property Type

House
Sub Type

1 Story + Basement
Bedrooms

5 Bedrooms
Bathrooms

3.25 Bathrooms
Lot

8,276 sqft Lot
Lot Size Source

County
Lot #

Unspecified
Project

Unspecified
Total Stories

2 stories
Basement

Finished
Sqft Source

County
Pool

Community

Property Tax Info

2025 Property Taxes

$13,203 / year
No Senior Exemption

Public Parcel Data & Maps

County

Chelan County
Parcel #

272210640039
County Website

Unspecified
County Parcel Map

Unspecified
County GIS Map

Unspecified
About

County links provided by Mainview LLC

Schools

School District

Lake Chelan
Elementary

Buyer To Verify
Middle

Buyer To Verify
High School

Buyer To Verify

Waterfront

Waterfront

Yes
Type

Lake
No Bank
Frontage

65 Feet

HOA

HOA Dues

$73 / month
Fees Assessed

Annually
HOA Dues Include

Common Area Maintenance
HOA Contact

Unspecified
Management Contact

Unspecified

Community Features

Community Features

CCRs

Parking

Covered

2-Car
Types

Attached Garage
Has Garage

Yes
Nbr of Assigned Spaces

6

Views

Lake
Mountains
Territorial

Construction

Year Built

1999
Home Builder

Unspecified

Cooling

Includes

Ductless
Forced Air
Heat Pump

Heating

Includes

Ductless
Forced Air
Heat Pump

Interior

Flooring

Ceramic Tile
Carpet
Features

Second Primary Bedroom
Ceiling Fan(s)
Dbl Pane/Storm Window
Dining Room
Fireplace
Pantry
Sprinkler System
Vaulted Ceiling(s)
Walk-In Closet(s)
Water Heater

Property

Lot Features

Cul-De-Sac
Curbs
Paved
Site Features

Deck
Dock
High Speed Internet
Moorage
Patio
Propane
Sprinkler System

Appliances

Included

Dishwasher
Disposal
Dryer
Microwave
Refrigerator
Stove(s)/Range(s)
Washer

Terms

Bank Owned (REO)

No

Utilities

Energy

Electric
Propane
Sewer

Sewer Connected
Water Source

Public

Additional Info

Waterfront

Yes
Air Conditioning (A/C)

Yes
Buyer Broker's Compensation

2.5%
MLS Area #

Area 961
Number of Photos

39
Last Modification Time

Friday, July 10, 2026 1:18 PM
System Listing ID

5515259

Update Info

Closed

2026-07-10 16:25:23
Pending Or Ctg

2026-06-19 20:32:02
Price Reduction

2026-05-05 15:33:58
First For Sale

2026-01-31 08:55:58

Listing details based on information submitted to the MLS GRID as of Friday, July 10, 2026 1:18 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Sold July 10, 2026

$2,800,000 $3,250,000

5 BR 3.25 BA 3,778 SQFT

231 Key Ln Chelan WA 98816

NWMLS #2472707. Mary Signorelli, RE/MAX Advantage

Details

Map

Listing information is provided by the listing agent except as follows: Builder^B indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. Development^D indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.