Listing courtesy of Realogics Sotheby's Int'l Rlty.
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.
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.