Azwell is named for its founder, Alfred Z. Wells (Alfred Z. Wells). Wells and his nephew Alfred Morris were owners of a hardware store in Wenatchee, and entered the orchard business in the area that would become Azwell. Their partnership was discontinued in 1941, Alfred Wells kept the orchard and Azwell became a company community with several year round residents.
As of 1953, the town comprised about 300 acres of apple and peach orchards, a fruit packing warehouse, and a grocery store with a population of about 20 families living in Azwell year-round.