| FAQ
Does Coldwell Banker Lake Chelan Properties only handle Wapato Point
properties? No. Our office has been affiliated with Wapato
Point for over ten years and we do handle a majority of the Wapato Point
transactions. However, we have a very experienced staff that is
knowledgeable in all waterfront, community waterfront, homes and
land located in the Chelan/Manson area.
Is Wapato Point strictly Timeshare? No, we
have residential homes, building lots, and full ownership condominiums.
Can you really purchase 3 to 4 weeks of vacation
at Wapato Point for under $10,000? Yes we have a wide variety
of units available. Take some time to look at the selection of our Timeshare
Listings.
What if I can't use that many weeks? Wapato
Point has an Internal Exchange Program, as well as a Rental Management Co. who
will rent your weeks out for you.
Is Wapato Point "Right to Use" or do you acquire
title? Wapato Point is located on leased land, owned by the Wapato
Indian Family. You have a leasehold interest until the year 2075.
Are there property taxes at Wapato
Point? No, since we are on leased land there are no property
taxes.
What are the additional costs when I own at Wapato
Point? You have an Association Fee that is billed quarterly. The
association fees are what keep Wapato Point the Premier Vacation Destination
spot in Washington. Once your purchase price is satisfied your true cost is the
upkeep. All of your moorage, firewood, utilities, and ground rent are paid. The
only additional costs are phone charges and recreational.
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