PRICE ADJUSTMENT on this Key Bay waterfront home, creating an outstanding opportunity to own 65 feet of sandy, no-bank waterfront with unobstructed lake views. From the street, the home appears smaller than it is, but step inside and discover a surprisingly expansive 4,900+ square feet of thoughtfully designed living space, including a fully finished basement ideal for comfort, entertaining, and refined lake living. The open-concept main level showcases a gourmet kitchen that flows seamlessly into the spacious great room, anchored by an impressive custom river rock double-sided fireplace wall and an expansive deck overlooking the lake. Floor-to-ceiling windows fill the home with warm natural light while capturing stunning views from nearly every room. With 5 bedrooms, including two primary suites—one on each level—plus a dedicated office, the layout offers exceptional flexibility for guests, extended stays, or multigenerational living. Enjoy effortless indoor-outdoor living with an upper deck and covered lower patio that opens to the lawn and beach. Boating enthusiasts will appreciate the shared dock, covered boat lift, and three dedicated buoys. Community amenities include a sandy beach, pool, and park. This is a rare opportunity to own luxury waterfront in one of Lake Chelan’s most peaceful and coveted communities.