Exceptional City of Chelan investment opportunity just steps from Lake Chelan, Don Morse Memorial Park, the marina, restaurants, shopping, recreation, and downtown amenities. Zoned Tourist Accommodation (TA), one of the valley's most flexible zoning designations, this unique property offers exceptional versatility with two separate permitted residences under one ownership. The main home features 3 bedrooms and 2.25 bathrooms, while the permitted 864 sq ft ADU includes its own separate electrical meter, 2 bedrooms, 1.5 bathrooms, and a substantial partially finished basement offering flexibility for storage, recreation space, owner use, or future enhancement opportunities. The detached ADU is complemented by an oversized 3-bay garage, creating valuable space for vehicles, boats, water toys, and guest convenience. City of Chelan jurisdiction is separate from Chelan County vacation rental regulations, adding to the property's appeal for those seeking flexibility and long-term potential. Whether you choose to occupy one residence while generating income from the other, accommodate multi-generational living, provide housing for guests, or explore uses permitted within the TA zoning designation, the possibilities are compelling. Properties combining TA zoning, two permitted residences, substantial garage space, and a premier walkable Chelan location are exceptionally rare. Don't miss this opportunity to own a truly distinctive income-producing asset in the heart of Chelan.

Courtesy of NWMLS
Listing courtesy of Russ McClellan of KW Frontline



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-09-09 10:46 PM PDT