Recently sold, this 2.28-acre property along Squilchuck Road captured buyer attention almost immediately thanks to its combination of usable land, privacy, flexibility, and proximity to Mission Ridge and downtown Wenatchee. The property ultimately sold at full asking price after only four days on market.
The property was located along Squilchuck Road in the South Wenatchee area, one of the valley’s most sought-after corridors for buyers looking to balance outdoor recreation with convenience.
This location provides quick access to:
For many buyers, it offers the feeling of being outside the city without sacrificing everyday accessibility.
One of the biggest selling points was the flexibility of the land itself.
The property featured:
That combination created opportunities for a wide range of future uses, from a custom home and shop to a hobby farm or multi-structure estate setup.
Over the past several years, demand for acreage properties throughout the Wenatchee Valley has continued to grow as buyers prioritize:
Properties that offer usable acreage close to town, especially near recreation corridors like Mission Ridge, continue to attract strong interest.
Yes. According to the listing, Chelan County PUD water and power were available at the street, and the property also included irrigation access through Squilchuck Irrigation District.
The future owner will install a septic system tailored to their build plans.
The property went pending after only four days on market and ultimately closed at 100% of the asking price.
That level of activity reflects continued buyer demand for well-positioned land opportunities in the Wenatchee area.
This sale is another reminder that thoughtfully marketed land listings can generate strong results when pricing, presentation, and positioning align with current buyer demand.
Today’s buyers are looking beyond just square footage, they’re looking for lifestyle, flexibility, and long-term potential.
Whether you own acreage, a custom home site, investment land, or residential property in Wenatchee or the surrounding North Central Washington area, having a strategic marketing plan matters.
If you’re curious what your property could be worth in today’s market, feel free to reach out.
Arturo Zavala
Broker & Luxury Advisor
509.630.6365
Across North Central Washington, the spring market is taking shape—and the story this month is one of balance returning.
After several years of unusually tight conditions driven by heightened demand and limited inventory during the pandemic market, we’re now seeing a more measured environment emerge:
This isn’t a slowdown, it’s a normalization toward a more sustainable pace.
Together, these figures show a market that is expanding in supply while remaining active in demand.
This increase reflects a broader shift as more homeowners choose to list, something that was largely constrained during the low-rate environment of recent years.
What this means:
Buyers have more options than they’ve had in quite some time, and the market is becoming less supply-constrained.
Months of inventory now sits at 6.1, up from 4.9 in March and 4.3 a year ago.
This places the region within what’s generally considered a balanced market range, where neither buyers nor sellers hold a clear advantage.
What this means:
Even as inventory grows, buyer activity has held firm:
Buyers are still active, but the pace of decision-making has shifted. With more inventory available, today’s buyers are able to be more selective and strategic.
Rather than the rapid appreciation seen during the pandemic years, pricing is now showing steady, sustainable growth, a sign of a healthier market environment.
After a brief slowdown in March, homes are once again moving quickly, particularly those that are well-priced and well-positioned.
What this means:
Even in a more balanced market, strong listings continue to attract timely buyer interest.
Buyer activity is most concentrated in the mid-market:
$350,000–$600,000 remains the core of the market
What this means:
The market remains anchored by strong mid-range demand, while higher-end inventory continues to build and evolve.
Wenatchee + East Wenatchee
A competitive, fast-moving market
Chelan + Manson
A more buyer-friendly environment
A market in transition
A few broader factors are shaping current conditions:
There is also increasing discussion around future tax policy changes in Washington State. While these are not yet reflected in current housing data, they are something we’re watching as part of the broader market landscape.
For a visual overview of this month’s trends, watch our full North Central Washington market update.
Whether you’re considering a move in Wenatchee, Chelan, or anywhere across North Central Washington, having a clear understanding of the market can make all the difference.
I’m always happy to walk through the numbers with you and help you build a strategy that aligns with your goals. Contact me.
The spring market is gaining momentum across Wenatchee and East Wenatchee, with increasing inventory and steady buyer demand shaping current conditions. More homes are coming onto the market and activity is remaining strong.
One of the key trends this month is the continued growth in available inventory.
This brings months of inventory to 2.9 months, up from 2.5 last month and 2.3 a year ago.
Even with this increase, Wenatchee remains firmly in a seller-leaning market, where demand continues to outpace supply overall.
Buyer activity continues to be one of the strongest aspects of the Wenatchee market.
Closed sales also remain consistent:
This level of activity shows that buyers are still active and decisive, even as more inventory becomes available.
Pricing in Wenatchee remains stable, with steady year-over-year growth.
Month-to-month pricing has remained consistent, reflecting a market where values are holding firm without significant volatility.
Another defining feature of the current market is speed.
This indicates that while buyers may have slightly more options, well-priced homes are still moving quickly, often within a matter of weeks.
Looking at the broader North Central Washington market provides helpful context.
Across the region:
Compared to the broader region, Wenatchee stands out as more competitive and faster-moving, with lower inventory levels and stronger absorption.
The Wenatchee market is in a healthy, active phase.
For buyers, this means being prepared to act when the right home becomes available.
For sellers, it reinforces the importance of pricing strategically and presenting your home well, because even in a competitive market, the best-positioned homes rise to the top.
For a visual breakdown of this month’s data, including key trends and insights, watch our full Wenatchee market update below:
If you’re thinking about buying or selling in Wenatchee, East Wenatchee, or the surrounding areas, I’d be happy to walk through what these trends mean for you and help you create a strategy that aligns with your goals. Contact me.
Arturo Zavala
Broker & Luxury Advisor
509.630.6365
The spring market is underway across Chelan and Manson, and while conditions continue to favor buyers overall, we’re beginning to see some early signs of seasonal momentum returning.
If you’re considering buying or selling in the Lake Chelan area, understanding how inventory, demand, and pricing are interacting right now is key to making a confident decision.
One of the defining characteristics of the Lake Chelan market continues to be inventory.
This brings months of inventory to 14.4 months, which still reflects a buyer-leaning market. However, it’s worth noting this is a meaningful improvement from 21.8 months in March, suggesting that while supply remains high, conditions are beginning to rebalance slightly as we move into spring.
While closed sales remain limited, as is typical for a market of this size—pending activity provides a clearer picture of current demand.
This increase in pending sales points to renewed buyer engagement, especially as we move deeper into the spring season.
Closed sales came in at 8 for the month. With a smaller number of transactions, monthly totals can fluctuate, so it’s more meaningful to focus on overall trends, and right now, those trends suggest buyers are actively re-entering the market.
The median sale price in April was $687,229, compared to $666,000 in April of last year.
While there can be noticeable month-to-month swings in a smaller market like Lake Chelan, often influenced by a handful of higher-end sales, the broader takeaway is that pricing has remained relatively stable over time.
Homes are continuing to move at a relatively consistent pace.
This suggests that while buyers have more options, well-positioned homes are still attracting attention and moving within a reasonable timeframe.
When we zoom out to North Central Washington, we see a slightly different but complementary, picture.
Across the region:
Compared to Lake Chelan, the broader North Central Washington market is moving more quickly and with more balance, while Chelan remains more inventory-heavy and lifestyle-driven.
This contrast is important—Lake Chelan often operates on a slightly different rhythm, influenced by second-home buyers, seasonal demand, and unique property types.
The Lake Chelan market is in a state of transition.
For buyers, this can be a window of opportunity—more inventory means more options and time to evaluate the right fit.
For sellers, thoughtful pricing and strong presentation remain essential. Homes that are well-positioned are still moving, even in a more competitive landscape.
For a visual breakdown of this month’s data, including key trends and insights, watch our full Lake Chelan market update below:
If you’re thinking about buying or selling in Chelan, Manson, or the surrounding areas, I’m always happy to walk through the numbers with you and help you build a strategy that makes sense for your goals. Contact me.
Arturo Zavala
Broker & Luxury Advisor
509.630.6365
It’s a question more people are asking right now:
Is buying a home, even still realistic?
With rising home prices and changing market conditions, it’s easy to feel like the opportunity has slipped further out of reach, especially in a place like Lake Chelan.
But when you take a step back and look at both the data and what’s happening locally, the answer isn’t as discouraging as it may seem.
In fact, for many buyers…
it’s still very possible, with the right approach and knowledge.
The best place to start is simply understanding what’s possible for you.
Whether you're early in the process or ready to move forward, having a clear picture of your options can make everything feel more manageable. I'd love to set up a time to meet and discuss the best strategy for your goals! Click here to contact me.
Arturo Zavala
Broker & Luxury Advisor
509.630.6365
arturozavala@windermere.com
The real estate market doesn’t begin and end with comparable sales.
Many of the most important forces shaping today’s market come from the broader economy, energy prices, equity markets, commodity trends, and investor behavior.
Below is a breakdown of what we’re seeing right now, and how those forces are influencing real estate decisions.
Understanding real estate does not begin and end with comparable sales.
The broader economy—energy prices, commodity markets, equity indices, and digital assets—are among the most powerful indicators of what is happening in real property markets today and what is likely to happen next.
The current macro environment is one of the most consequential for real estate in recent memory.
Several forces are converging simultaneously, creating a split market—one that is both challenging and full of opportunity depending on how a buyer, seller, or investor is positioned.
Energy prices at current levels directly impact real estate in two ways.
First, they increase construction costs—materials, transportation, equipment, and labor all carry an energy premium. This raises the replacement cost of existing structures and helps support property values.
Second, sustained high energy costs contribute to inflation, which keeps the Federal Reserve on hold and mortgage rates elevated, directly affecting affordability.
Gold’s performance is one of the clearest indicators of investor sentiment.
When gold rises significantly, it signals that capital is moving toward hard, tangible assets amid economic uncertainty.
Real estate—particularly land, waterfront, and lifestyle properties—benefits from this same psychology, as investors prioritize stability and inflation protection.
Silver tends to follow gold but with additional industrial influence.
Its movement reflects both inflation hedging and demand tied to sectors like energy and technology. While less directly impactful than gold or oil, it reinforces the broader trend of rising commodity costs and a preference for tangible assets.
Bitcoin’s recent decline, especially relative to gold, highlights a shift in investor behavior.
In periods of macro uncertainty, capital often rotates away from speculative assets and toward more established stores of value—such as gold and real estate.
This can modestly reduce the pool of liquidity from crypto-driven buyers, particularly in discretionary real estate segments.
Equity markets are one of the most powerful drivers of real estate activity, particularly in discretionary segments.
When markets are strong, portfolio values increase, confidence improves, and buyers are more likely to move forward with lifestyle and investment purchases.
This is especially relevant for second homes, waterfront properties, and other non-primary residences, which are often funded by accumulated wealth rather than income.
The cost of financing.
With mortgage rates remaining elevated, buyers who rely on financing are operating with reduced purchasing power and greater selectivity.
This dynamic is a key factor shaping pricing strategy, negotiation, and overall market pace.
The current environment is creating a divide between buyer types.
Buyers who are less dependent on financing—such as cash or equity-driven buyers—remain active and relatively unaffected by interest rates.
Meanwhile, financed buyers are more constrained and must be more deliberate in their decisions.
The current environment is mixed, but broadly supportive of real estate—particularly for tangible, well-positioned assets.
Demand for hard assets remains strong, construction costs continue to support existing values, and portfolio wealth is elevated.
The primary headwind remains the cost of borrowing, which is shaping how and when buyers participate in the market.
This is not a simple market—but it is one that can be understood.
Those who take the time to look beyond headlines and consider the broader economic forces at play are better positioned to make informed, confident decisions.
If you’d like to walk through how these trends apply to your specific situation, I’m always happy to connect.
Arturo Zavala
Broker & Luxury Advisor
Windermere Real Estate Lake Chelan
293 Barkley Road offers a rare combination of modern updates, usable land, and future potential—all set in one of the most desirable areas near Lake Chelan. Whether you’re searching for a full-time home, weekend retreat, or investment opportunity, this property stands out for both what it is today and what it could become.
In this guide, we’ll walk through everything you need to know—from the home itself to what it’s like living in Manson.
293 Barkley Road offers something that’s increasingly rare in the Manson WA real estate market—a fully remodeled home on land at an approachable price point.
Set on a peaceful half-acre just outside of downtown Manson, this property blends privacy, space, and convenience. You get a quiet, country feel while still being minutes from wineries, lake access, and local favorites.
For buyers searching for homes for sale in Manson WA or Lake Chelan homes with land, this is a unique opportunity.
This home has been extensively remodeled from the ground up, going far beyond surface-level updates.
Major improvements include:
Inside, the kitchen has been completely redesigned with quartz countertops, new cabinetry, and stainless steel appliances. Both bathrooms have also been fully renovated.
This is not a typical remodel—it’s a true rebuild designed for long-term peace of mind.
The home features:
The layout is simple, functional, and comfortable—ideal for everyday living or a low-maintenance second home near Lake Chelan.
The property sits on 0.50 acres (21,780 sq ft), offering a level and usable lot that’s increasingly hard to find in the area.
Highlights include:
For buyers specifically searching for Manson WA homes with land, this is a major advantage.
Yes—this is one of the most exciting aspects of the property.
There may be opportunities to:
Buyers should verify all uses with Chelan County, but the flexibility here adds meaningful long-term value.
The home is located in one of Manson’s desirable country corridors, offering:
It’s a setting that feels removed and relaxing—without being isolated.
You’re just minutes from:
This location offers the perfect balance between lifestyle and convenience—something many buyers are specifically looking for in Lake Chelan real estate.
Manson is known for its relaxed, welcoming atmosphere and strong connection to the outdoors.
Residents enjoy easy access to:
For many buyers, Manson offers the perfect blend of Lake Chelan lifestyle without the busier feel of downtown Chelan.
Homes that combine:
…are relatively rare in today’s market.
Many homes in this price range may need updates, while fully remodeled homes often come with smaller lots or higher price points.
That’s what makes 293 Barkley Road stand out—it sits in a unique position within the Lake Chelan real estate market.
👉 You can also explore more Lake Chelan homes for sale and compare options to see how this property fits your goals.
The biggest opportunity is the combination of:
That mix is increasingly difficult to find—especially at this price point.
If you’d like to experience the property in person or explore whether it’s the right fit, reach out anytime.
If you’ve been searching for a home that blends privacy, modern updates, and true Lake Chelan lifestyle access, 104 Mirage Lane stands out in all the right ways.
This home offers a rare combination of complete privacy and immediate access to the lake.
Set in the desirable 25 Mile Creek area, the property feels tucked away and peaceful—yet just steps from community waterfront access and minutes from 25 Mile Creek State Park.
Fully reimagined in 2021, the home lives like new while still offering the warmth and character of its original build.
The home features:
The layout is designed with:
Downstairs, you’ll find a large rec room, additional bedroom, and a custom bunkroom—ideal for hosting, vacation use, or multigenerational living.
The kitchen is truly the heart of the home—designed for both daily living and entertaining.
Features include:
The open-concept design flows seamlessly into the dining and living areas, where large windows frame expansive views of Lake Chelan and the surrounding mountains.
Very much so.
Between the open main level and the fully finished lower level, the home is designed to comfortably host:
The bunkroom adds a fun, functional element that’s perfect for visitors or rental potential.
One of the biggest lifestyle advantages of this home is its proximity to the water.
You’re:
This is the kind of access that makes lake living feel effortless.
It works beautifully as both.
For full-time living:
For part-time or investment use:
The home is approved for short-term rental use, adding another layer of opportunity.
If you’re curious about availability, pricing, or how this home compares to others in the area, reach out anytime—I'm happy to walk you through it or schedule a private showing.
$115/barrel Oil Price (Apr 7) Double the price at the start of 2026 — driven by the ongoing war in Iran, now in its second month.
178,000 Jobs Added (March) The strongest single month for job gains since late 2024 — but part of an 11-month streak of ups and downs.
~6.5% 30-Year Mortgage Rate Up nearly half a point from multi-year lows reached in late February, back to where rates stood last spring.
964,000 Active Listings (End of March) About 8% more than a year ago — buyers are gaining options heading into summer.
Rates briefly fell to multi-year lows in late February, but the combination of rising energy costs and the Federal Reserve holding off on rate cuts has pushed them back up. At roughly 6.5%, rates are now similar to where they were last spring and last summer. The ongoing conflict in Iran is a major driver — energy shocks tend to feed inflation, and that keeps rates elevated.
That depends on your timeline and goals — but here's the honest picture: rates are unlikely to drop significantly in the near term. With a strong jobs report giving the Federal Reserve cover to hold rates steady, cuts aren't imminent. On the flip side, inventory is growing (up 8% year-over-year), which means
more options and less frantic competition than buyers faced in recent years. More supply can mean more negotiating room.
Yes. At the end of March there were 964,000 active listings nationwide — more than at this point in 2020 and about 8% above last year. Jeff Tucker notes this trend may actually be accelerating. If inventory keeps growing through summer, buyers could find themselves with a real range of options — which is a meaningful shift from the tight market of recent years
It does, indirectly. Higher oil prices raise the cost of building materials and transportation, which can influence new home construction costs. More immediately, energy price inflation influences the broader economic picture that drives mortgage rates. It's worth being aware of, but it shouldn't stop you from moving forward if you're financially ready and find the right home.
A healthy job market is generally good news — it signals economic stability, which can give you and your lender more confidence. The tradeoff is that strong jobs data reduces urgency for the Fed to cut rates, which keeps mortgage rates higher for longer. Think of it this way: a strong economy supports your ability to buy; it just doesn't lower your borrowing cost right now.
More competition does mean buyers have more to compare yours to — and that's worth taking seriously. Jeff Tucker's advice: this is still a busy spring selling season, but buyers are comparison-shopping. Pricing strategy, presentation, and working with an experienced agent all matter more when there are more listings to compete with. Putting your best foot forward is not optional right now — it's the strategy.
"More balanced" is the phrase Tucker uses — not a crash, not a buyer's market, but conditions that are evening out after years of strong seller advantage. Higher mortgage rates are dampening buyer urgency during what is usually the hot spring season. That's a meaningful shift. But homes that are priced well and presented well are still selling. The key is having a realistic read on where the market actually is.
Oil prices affect the macro economy, not your home's value directly. However, if energy costs continue to climb, they add to inflationary pressure — which the Fed responds to by keeping rates elevated. That
keeps some buyers on the sidelines. The practical implication: don't expect a surge of rate-driven buyer urgency in the near term. Price and market your home as if buyers have choices, because they do.
Tucker acknowledges it's too early to call a turning point, but the 8% year-over-year inventory gain now matches what he reported in February — ending a trend of slowing growth. That suggests inventory may be picking back up rather than tapering off. Sellers should plan for a market where buyers have options through the summer. That means strategic pricing, great listing photos, and an agent who knows how to position your home competitively.
Yes — and that's actually reassuring. A 178,000-job gain in March means the workforce is still growing and consumers still have income. Qualified buyers are in the market. The challenge is that higher rates have raised monthly payments enough to price some buyers out or slow their decision-making. But strong employment means motivated, capable buyers still exist. Your job — and your agent's job — is to make sure your listing earns their attention.
Global tensions are driving real estate conditions right now — not just local supply and demand. Oil prices, inflation, and the Federal Reserve's rate decisions are all interconnected. For buyers, more inventory and stabilizing conditions create opportunity. For sellers, the era of effortless multiple offers has shifted — strategy and presentation matter. Your Windermere agent is here to help you navigate all of it.
If you’ve been searching for a property with acreage, privacy, and views in the Lake Chelan area, homes like 95 Horizon Lane tend to stand out for a reason.
Located in Union Valley, this 20-acre property offers a unique combination of space, scenery, and proximity to town—something that can be difficult to find in today’s market.
Below are some of the most common questions buyers have when exploring properties like this.
95 Horizon Lane is located in Union Valley, just outside of downtown Chelan, Washington. The property sits approximately 15 minutes from town, offering a quieter, more rural setting while still being close to restaurants, wineries, shopping, and lake access.
This home is positioned above Lake Chelan with sweeping panoramic views of the lake, surrounding mountains, valleys, and even the cities of Chelan and Manson.
In addition to the views, the property includes 20 private acres, which provides a level of privacy and flexibility that is becoming increasingly rare in the Chelan area.
Yes, the property is well-suited for equestrian use and hobbies. It includes a three-stall horse barn with a tack room, a 60 x 100 outdoor riding arena, and partially fenced pasture areas.
There is also additional space for equipment, projects, or recreational use, making it a flexible property for a variety of lifestyles.
Yes, the property is well-equipped for equestrian use. It includes a three-stall horse barn with a large tack room, a 60 x 100 outdoor riding arena, and partially fenced pasture areas.
With 20 private acres, there is ample space for riding, turnout, and expanding facilities if desired. The setting also allows for direct access to trails and open land, making it ideal for those seeking a property that supports both horses and a rural lifestyle.
The home has been thoughtfully updated, including an updated kitchen with a large island and modern finishes, as well as renovated bathrooms with updated materials and fixtures.
Additionally, a new well was installed in April 2023 with strong output, supporting the long-term functionality of the property.
The home offers approximately 2,737 square feet of living space with 4 bedrooms and 1.75 bathrooms.
Interior features include vaulted ceilings, exposed log beams, custom wood finishes, hardwood and slate flooring, a gas fireplace, and an open-concept layout connecting the kitchen, dining, and living areas.
The primary suite includes a soaking tub and a private retreat feel, while the home overall balances comfort with character.
Outdoor living is a major part of the experience at 95 Horizon Lane.
The property includes multiple decks and patio areas, offering space to relax, entertain, and take in the views. With 200-degree panoramic scenery, sunsets, and clear night skies, the setting naturally encourages time outside.
Trails begin directly from the property, making it easy to explore the land and surrounding environment.
The property is located about 15 minutes from downtown Chelan.
This allows for easy access to lake activities, wineries, restaurants, and everyday amenities, while still enjoying the privacy and quiet of a more rural setting.
It can function as both.
The home is designed for comfortable year-round living, with updated systems and practical features, while also offering the feel of a private retreat—making it appealing for buyers looking for flexibility.
Properties like 95 Horizon Lane offer something that is becoming harder to find: meaningful acreage, privacy, and expansive views, all within close proximity to Chelan.
For buyers looking to balance lifestyle, space, and location, it represents a compelling opportunity in the Lake Chelan market.
If you’re interested in learning more or scheduling a private showing, reach out anytime.
Arturo Zavala
Windermere Real Estate
📞 (509) 630-6365