Leavenworth Real Estate

Fish Lake Real Estate

In an earlier post on Active Rain, I introduced you to Fish Lake just outside of Plain and Leavenworth, WA. This post is specifically about the real estate opportunities that can be found on Fish Lake.

 

Fish Lake is a smaller and more intimate lake than Lake Wenatchee. It is also mostly bordered by U.S. Forest Service land. The amount of private waterfront is very limited and even homes near the lake are hard to come by.

 

This is the last waterfront home sold on Fish Lake.

 

 

 

 

 

 

 

 

 

 

 

 

I sold it in May of 2005 for $470,000. In general, real estate in the Leavenworth and Lake Wenatchee area has been appreciating at 15 to 20% a year. Considering it has been two years since a home on Fish Lake has been available, I think the appreciation here has probably been higher. I usually tell buyers looking for a home on Lake Wenatchee to plan on spending at least $1 million. I don’t think Fish Lake has quite reached that mark, but it isn’t far off.

 

These two houses sold in the past year.

 

 

 

 

 

 

 

 

 

 

Neither of these homes were located on the lake, but both were within walking distance. The home on top sold in May of 2006 for $350,000. The other home sold in March of 2007 for $375,000.

 

If you are looking for a home on or near Fish Lake I have two obvious pieces of advice. Be patient and be prepared to pay a premium for waterfront.

 

If you have a home or lot to sell on Fish Lake or even nearby, you are sitting on some very valuable real estate. Please don’t hesitate to contact me for current market analysis.

 

 

 

 

 

This entry was posted on Saturday, April 14th, 2007 at 8:50 am and is filed under Home Sellers, Leavenworth Cabins, Leavenworth Vacation Homes, Leavenworth Waterfront Properties. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

1. Bob said at June 23rd, 2007 at 9:21 am

   Nice to see homes are still appreciating in some parts of the country

2. Geordie Romer said at August 11th, 2007 at 12:00 pm

   There currently is one cabin on the market on Fish Lake for $800,000. Give me a call or email for more details.

3. Geordie Romer said at November 5th, 2007 at 12:15 pm

   The $800,000 home on Fish Lake did sell for $750,000. There is a small one bedroom for sell currently for $600,000. It is a small house, but the location and view are amazing. Please contact me for more info.

4. Geordie Romer said at July 3rd, 2008 at 3:13 pm

   Both houses on Fish Lake did sell. There is now a little log cabin for sale in the low $400s that I think is a great deal. It has two docks and a great view. The cabin will need some work, but I think the land value alone makes this a great value.

Leave a Reply

Name (required)

Email (will not be published) (required)

Website