About this home

Welcome to 38 Madrona Lane! The first time ever offered publicly, this premier 0.88-acre view lot offers one of the easiest building opportunities in Lake Chelan! The massive, flat building bench provides an exceptional homesite for a rambler, two-story, or custom estate with room for a pool, oversized garage, shop, and more. Everything in front is already built out, giving confidence in your protected views and surrounding neighborhood. Enjoy breathtaking Lake Chelan views, a beautifully landscaped entry, mature trees, sidewalks with only one neighboring parcel. No HOA, no architectural guidelines, and no required timeframe to build. Public water, sewer, and power are available, plus irrigation water (buyer to verify). Prime location near Crystal View Estates and Highpoint Lane. A truly rare opportunity to build your dream home without restrictive covenants. Owner financing available with flexible terms!

Property details

View: Lake, Mountains, Territorial
Lot: Paved, Sidewalk
Water source: Available
Sewer: Available
Utilities: Electricity Available

Costs

Annual taxes: $2,400 (2026)

Estimate your monthly payment

$2,147/mo

Principal & interest: $1,947
Property taxes: $200

Down payment (20%) $77,000 Interest rate (%) Loan term (years)

Loan amount $308,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Chelan, WA 98816

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Windermere RE/Lk Chelan Dwntwn— Rhett J. Crow.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.