Income from day one - and a permit most buyers can no longer get. Pine Vista is a fully furnished, actively booking A-frame log cabin on 8.21 private acres in the Chumstick Valley, just 10 miles from Leavenworth. What makes this a category-defining buy: a rare, one-time transferable Tier 2 Short-Term Rental permit (STR# 000365) licensed for 6 guests - nearly impossible to obtain for new applicants in Chelan County today. Verified nightly rates of $133-$226 standard and $600-$1,000 during peak events (Oktoberfest, Christmas, Thanksgiving, 4th of July) produce a projected cap rate of up to 6.8% under self-management at $699,950. The cabin delivers three distinct sleeping configurations - main-floor queen suite, private king loft with full bath, and separate twin bedroom - plus a dedicated workspace, recreation barn, enclosed workshop, wraparound deck, and creek frontage. Pets welcome (up to 3). Two parcels included. Upcoming bookings may transfer at closing. Personal retreat or income property - Pine Vista performs either way.
| MLS # | 2485523 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1983 |
| Days On Site | 191 |
| Listing Provided By | Realogics Sotheby's Int'l Rlty | Freddy M. Delgadillo |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,008 |
| Garage | 2 |
| Story(s) | 2 |
| Acreage | 8.21 |
| Water Front | Yes |
| Property View | Yes |
| Property | 2328 |
|---|
| State | WA |
|---|---|
| County | Chelan |
| City | Leavenworth |
| Zip Code | 98826 |
| Area | 972 Leavenworth |
| Community Name | Chumstick |
| School District | Cascade High |
| Elementary School | Alpine Lakes Elementary |
| High School | Cascade High |
| Listing VS Median (in Chumstick) | |
Price: $639,950 low | high Med: $640,000 sqft: 1,008 low | high Med: 2,800 $ / sqft: $635 low | high Med: $229 On site: 191 low | high Med: 32 | |
| State | WA |
|---|---|
| County | Chelan |
| City | Leavenworth |
| Zip Code | 98826 |
| Area | 972 Leavenworth |
| Community Name | Chumstick |
| School District | Cascade High |
| Elementary School | Alpine Lakes Elementary |
| High School | Cascade High |
| Listing VS Median (in Chumstick) | |
Price: $639,950 low | high Med: $640,000 sqft: 1,008 low | high Med: 2,800 $ / sqft: $635 low | high Med: $229 On site: 191 low | high Med: 32 | |