10490-10514 South Lakeshore Road
10490-10514 South Lakeshore Road
Chelan, WA 98816
$1,499,000
Price
4
Beds
4
Baths
3,008 Sq. Ft.
$498 / Sq. Ft.
3,008
Sq. Ft.
$498
per Sq. Ft.
Listing provided courtesy of Jae Evans Real Estate
Description
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...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.
- Listed by Teri Mackenzie • Jae Evans Real Estate
Property Details for 10490-10514 South Lakeshore Road
Community Name
South Shore
School DistrictLake Chelan
ViewLake, Mountain(s), Territorial
Number of Assigned Spaces4
Total Covered Parking0
Entry Date05-16-2023
Energy SourceElectric
SewerSeptic Tank
Location
Listing Courtesy of Jae Evans Real Estate![]()
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LISTING UPDATED: 04/23/2024 10:39 AM
Property Details for 10490-10514 South Lakeshore Road
| Status | Active |
|---|---|
| MLS # | 2062293 |
| Days on Market | 347 |
| Cumulative Days on Market | 345 |
| Taxes | $6,064 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2010 |
| Lot Size | 0.58 AC / 25,264 SF |
| County | Chelan County |
Location
Listing Courtesy of Jae Evans Real Estate![]()
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Building Information for 10490-10514 South Lakeshore Road
Stories2Residences2Year Built2010Building Size-Lot Size0.58 AC / 25,264 SF
Payment Calculator
$8,686 per month
30 year fixed, 7.25% Interest
Principal and Interest
$8,181
Property Taxes
$505
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 10490-10514 South Lakeshore Road
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Outbuildings, Patio, Propane, RV Parking
- Area: 961 - Lake Chelan
- Elementary School: Morgen Owings Elem
- Middle Or Junior School: Chelan Mid
- High School: Chelan High
- Directions: South Lakeshore Road, approx 2 miles uplake from state park
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: Yes
Taxes and HOA Information
- Tax Year: 2022
- Additional Tax Ids: 282128635295
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Parking Type: RV Parking
- Open Parking Spaces: 4.0
- Open Parking: Yes
- Parking Features: RV Parking
Interior and Exterior Features
Interior Features
- Floor Covering: Hardwood, Laminate, Carpet
- Features: Hardwood, Laminate, Wall to Wall Carpet
- Cooling: Yes
- Cooling: Forced Air, Heat Pump
- Fireplace: No
- Heating: Yes
- Heating: Forced Air, Heat Pump
- FIRPTA: No
Exterior Features
- Exterior: Wood Products
- Roof: Composition
- Waterfront Description: Bank-High
- Pool: In Ground
- Pool Type: In-Ground
- Security Features: FullyFenced
Property
Utilities
- Water Source: Community, Shared Well
- Water/Sewer/Garbage: 1251
- Power Company: Chelan PUD
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: County
- Foundation: Poured Concrete
- Construction Methods: Standard Frame
- First Right Of Refusal: false
- Letter On File: Duplicate Prop Type
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 39
Lot Information
- Lot Details: Open Space, Paved, Secluded
- Lot Size Dimensions: 100x354
- Lot Size Source: realist
- Parcel Number Free Text: 282128635290
- Building Condition: Good
- Calculated Square Footage: 3008
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3008.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 4
- Number of Stories in Building: 2
- Vacancy Rate: 55
- Number Of Units Total: 2
- Units Below Grade: false
Financing / Income and Expenses
- Electric Expense: $2,849
- Total Expenses: 14322
- Gross Adjusted Income: 102156
- Gross Rent Multiplier: 6.78
- Gross Scheduled Income: $227,013
- Insurance Expense: $2,316
- Net Operating Income: $87,834
- Other Expenses: $1,842
- Total Monthly Income: 2
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1504
- Rent Unit 1: $1.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1504
- Rent Unit 2: $1.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 2
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3008.0
- Leasable Area Units: Square Feet
Property History for 10490-10514 South Lakeshore Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 10490-10514 South Lakeshore Road
This home is within Lake Chelan School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | K to 12 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Morgen Owings Elementary School PublicK to 5 | ||
Holden Village Community School PublicK to 12 | ||
Chelan Middle School Public6 to 8 | ||
Chelan High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Listing Courtesy of Jae Evans Real Estate
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.