Whether you’re looking for a vacation retreat or an investment property, here’s everything you need to know about buying a second home in Chelan
Sales of second homes have been trending upward nationwide. Many families are buying second properties as vacation spots for personal use or as investment opportunities, most frequently as a combination of the two. The growth of VRBO (vacation rental by owner) organizations over the past two decades have made it easier than ever for owners to rent out their vacation homes. These companies typically take care of all advertising, reservations, and property management service for owners in exchange for a fee or percentage of the profit.
A Favorite Destination
Lake Chelan has long been a favorite destination for many in the greater Seattle and Pacific Northwest area. The weather offers a temperate, four-season climate, property taxes and utility bills are low, and the area offers ample sunshine, a 50+ mile glacier-fed lake for water activities, hiking, golfing, and a great historic downtown area plus over 30 wineries throughout the valley; many of which offer terrific food, live music, and are even kid and dog friendly. Visit LakeChelanWineValley.com for an overview and helpful tips for planning your next visit.
Location, Location, Location
We’ve all heard the mantra, location, location, location – and that’s because it is true! The success of owning a second home is directly related to the location of that home. Specifically, owning a second home near the water or within popular vacation destinations typically leads to more success. One of our favorite neighborhoods, The Lookout at Lake Chelan, offers an inclusive resort experience with stunning new construction homes, community waterfront, parks, pools, and a strong on-site property management and hospitality program.
If you’ve been coming to Chelan every summer for the past several years, then you already know what an amazing location this town really is. If you’re new to the area, we encourage you to come visit and see for yourself; we guarantee that by the end of your trip, you’ll want to stay forever! For more information on the valley, including events, visit LakeChelan.com.
The most common thing we hear again and again is “Our only regret about buying a home in Chelan… is that we didn’t do it sooner.” Over the years, it has been a privilege and a passion of ours to make our client’s vision and goals of owning a home at the lake a reality. We’d love to connect with you and help you find your perfect place. Interested in learning more? Take a peek at our website for current listings and a sample of homes we’ve recently listed and sold and contact us today to get started!
Posted October 21, 2021
