Judah Realty · Realogics Sotheby's International Realty
Pine Vista
An Estate of Acreage, Income & Altitude 17336 Chumstick Hwy · Leavenworth, WA 98826 Formerly operating as Pine Vista · ~$200 avg nightly · $600–$1,000 peak nightsPine Vista has earned its place among Leavenworth's most-sought retreats — and the permit that makes it an investment is the one most buyers can no longer obtain.
This handcrafted 1983 A-frame log cabin sits on 8.21 private acres in the Chumstick Valley, ten miles north of Leavenworth's iconic Bavarian Village. Creek frontage. Territorial mountain views. A recreation barn, enclosed workshop, wraparound deck, and outbuildings that distinguish Pine Vista from every other cabin at this price point.
Chelan County's Tier 2 Short-Term Rental program has been dramatically restricted. A transferable Tier 2 permit — actively licensed as STR# 000365 — is now a standalone asset that commands a meaningful premium. This property is fully furnished, actively booking guests at a verified ~$200 average nightly rate, and ready to generate income from the moment escrow closes.
Three distinct sleeping spaces serve six licensed guests: a main-floor queen suite, a private king loft with its own full bath, and a separate twin bedroom — each calibrated for the guest who expects character and comfort in equal measure. A dedicated workspace, pet-friendly policy (up to three pets), and recreation barn round out the amenity profile that drives five-star reviews and repeat bookings year-round.
One-time transferable under Chelan County regulations. Licensed for 6 guests based on septic capacity. Among the rarest credentials in the Leavenworth market — new permits are no longer freely available.
Active booking history with $133–$226 standard rates and $600–$1,000 per night during Oktoberfest, Christmas, Thanksgiving, and 4th of July. Projected cap rate: 2.5%–5.4% depending on management model.
Creek waterfront, pasture, terraces, and a second parcel with future development optionality. Subdivision feasibility to be verified with Chelan County Community Development.
Furniture, linens, kitchen equipment, and décor included. Active bookings may transfer at closing. Flat $135 cleaning fee is guest-paid and passes through at zero net cost to ownership.
A premium STR designation that unlocks a materially larger guest pool and commands higher nightly rates from travelers who refuse to leave companions behind — a proven occupancy driver.
A dedicated entertainment space rarely found at any Leavenworth cabin. Drives group bookings, extended stays, and the shared experiences that generate five-star reviews and direct repeat reservations.
Real Numbers. Verified Performance.
Pine Vista is an actively operating short-term rental with a documented booking history. Every figure below is grounded in actual nightly rates confirmed by the current operator — not generic market estimates.
The Self-Management Advantage — Confirmed by the Seller
The current owner has operated Pine Vista under both models and confirmed that self-management produces materially greater net income than the 30% professional management structure. Replacing the PM fee with ~12% platform fees via Airbnb/VRBO adds an estimated $17,500+/year in retained NOI — the single highest-leverage decision available to a new buyer from day one.
Cap Rate = NOI ÷ $874,950 Purchase Price · NOI = Gross Revenue minus all operating expenses
Annual Operating Expense Reference
⚠️ Projections based on actual operator-confirmed nightly rates. Provided for educational purposes — not a guarantee of income. Buyer to conduct independent due diligence on STR revenue, permit transfer, and Chelan County regulations. STR# 000365.
Built for Adventure. Designed for Income.
1983-built handcrafted log exterior with metal roof, vaulted ceilings, and skylights throughout — the iconic Pacific Northwest mountain cabin aesthetic that guests photograph and share from the moment they arrive.
Main-floor queen suite. Upstairs loft king retreat with private full bath. Separate twin bedroom ideal for children or additional guests. Three configurations, six licensed guests, one exceptional experience.
Creek waterfront with territorial mountain views and an expansive main-floor deck — the setting that generates five-star reviews, premium weekend rates, and the repeat bookings that compound annual income.
A dedicated outdoor games and entertainment barn — an amenity found at virtually no other Leavenworth cabin in this price range. Drives group bookings, extended stays, and the communal moments that become five-star reviews.
A dedicated work zone with high-speed internet access — a premium differentiator that unlocks the "workcation" guest segment, extends midweek stays, and justifies premium rates during otherwise shoulder-season weekdays.
A second parcel included in the sale carries future development potential — subdivision feasibility and buildability to be independently verified with Chelan County Community Development.
- Main Floor: Queen Bedroom
- Loft: King Suite + Private Full Bath
- Separate Twin Bedroom (2 twins)
- 1.5 Total Bathrooms
- 1,008 Sq Ft Finished
- Vaulted Ceilings + Loft
- Skylights Throughout
- Log Wall Construction
- Hardwood Floors (main)
- Open Kitchen + Dining Nook
- Dedicated Workspace
- Full Appliance Package
- Washer / Dryer Included
- Fully Furnished & Turnkey
- 8.21 Total Acres
- Two Parcels Included
- Creek Waterfront
- Territorial Mountain Views
- Large Deck (main floor access)
- Recreation Barn (outdoor games)
- Enclosed Workshop / Shop
- Multiple Outbuildings
- RV Parking
- Pasture + Garden Space
- Wildlife Meadow Views
- Metal Roof
- Poured Concrete Foundation
- Year Built: 1983
- Tier 2 STR Permit — Transferable
- STR License # 000365
- Max Occupancy: 6 Guests
- Pets Allowed (up to 3)
- Must Be 25+ to Reserve
- High Speed Internet
- Cleaning Fee: $135 flat (guest-paid)
- 10 Miles / ~15 Min to Downtown
- Individual Well (Cascade)
- Septic System
- Electric Heat
- Taxes: $2,328/yr (2025)
- Schools: Cascade District
- Financing: Cash · Conv · FHA
⚠️ Winter Access Note: The driveway carries a significant slope. AWD/4WD vehicles with snow chains are required during winter months. Professional snow removal is maintained by current property management. Buyers should factor transition planning accordingly.
Tour Pine Vista in Full 3D
Walk every room, climb to the king loft, step onto the deck. Our Matterport 3D tour delivers the complete spatial experience — on your schedule, before you visit.
Use arrows to navigate · Drag to look around · Switch to Dollhouse view for full floor plan
Washington's Most Beloved Mountain Destination
Leavenworth is the only Washington town that draws equal crowds in January and July. The Bavarian-themed village reinvented itself into a year-round tourism engine — Oktoberfest, Christmastown, summer hiking, spring festivals, wine trails — and for STR operators, the result is no dead season.
Pine Vista sits in the Chumstick Valley, ten miles north of downtown Leavenworth — private and secluded, yet minutes from every restaurant, shop, and event that keeps the market at or near peak occupancy across four seasons. Over 2.5 million visitors come to Leavenworth annually. Many of them are looking for a place like this.
Year-Round Demand Drivers
🌸 Spring
Maifest, wildflower hiking, Wenatchee River rafting, Icicle Canyon climbing, wine touring season opens.
☀️ Summer
Peak season — Enchantments, kayaking, mountain biking, Leavenworth Summer Theater, outdoor dining.
🍂 Fall
World-famous Oktoberfest (Top-3 USA). Three full weekends. Near 100% occupancy, $600–$1,000/night.
❄️ Winter
"Christmastown" — Washington's most-visited winter event. December bookings consistently fully sold out.
Selling Your Leavenworth Property?
Judah Realty specializes in the Leavenworth and Chelan County market. If you own a vacation property, cabin, or STR-permitted home in the area — let's discuss what your property is worth in today's market.
Request a Seller Consultation →Request a Private Showing
Pine Vista shows by appointment only. Contact Freddy to schedule your showing, receive the full STR investment package, or discuss STR permit transfer details.
Freddy Delgadillo
Luxury Real Estate Broker
Realogics Sotheby's International Realty
Freddy Delgadillo is a luxury real estate broker with Realogics Sotheby's International Realty, operating under the Judah Realty brand across the Seattle-Eastside corridor and the greater Cascades region. With deep expertise in distinctive properties — from income-producing STR assets to trophy mountain estates — Freddy delivers a white-glove experience for buyers and sellers who expect precision, not process.
For investor clients evaluating STR properties, Freddy provides rigorous cap rate analysis, permit verification guidance, and access to the off-market opportunities that never reach public listing platforms. If you own a property in the Leavenworth or Chelan County area and are considering selling, Freddy offers confidential seller consultations with no obligation.
Schedule Your ShowingFrequently Asked Questions
What is a Tier 2 STR permit and why is it so valuable in Leavenworth?
Chelan County classifies Short-Term Rentals by tier based on location and zoning density. A Tier 2 permit authorizes legal short-term rentals — defined as stays under 30 days — in areas where new permits are now extremely difficult to obtain. Pine Vista holds STR# 000365, a Tier 2 permit designated as one-time transferable under current county regulations. For a buyer, this permit is not just an operational credential — it is a standalone asset with meaningful scarcity value that existing neighbors cannot simply replicate.
How does the STR permit transfer process work?
The Tier 2 permit is one-time transferable per Chelan County Community Development regulations. The buyer must initiate and complete the official transfer procedure with Chelan County before or immediately after closing. Renewal requirements, guest occupancy limitations (currently 6 guests based on septic capacity), and any house rule conditions carry forward. Your agent can connect you with the appropriate county contacts to begin this process during the due diligence period.
What are the actual nightly rates and how was the cap rate calculated?
Rates are verified from the active Love Leavenworth booking platform: $133–$137 weeknights, $183–$226 weekends, and $600–$1,000 during peak events (Oktoberfest, Christmas, Thanksgiving, 4th of July). The annual blended average confirmed by the current operator is approximately $200/night. Cap Rate = NOI ÷ Purchase Price, where NOI = Gross Room Revenue minus all operating expenses. The three scenarios shown reflect 55–68% annual occupancy and two management structures — see the full investment section for complete line-item assumptions.
Is the property truly turnkey — what does that include?
Yes. Pine Vista sells fully furnished and equipped: all furniture, bedding, kitchen appliances, décor, washer/dryer, and operational supplies are included in the sale. The $135 cleaning fee is charged directly to guests and passes through to the cleaning crew at zero net cost to the owner. Upcoming guest bookings may transfer at closing, meaning a new owner can begin generating revenue without a single day of ramp-up time or setup cost.
What is the winter access situation?
The property driveway has a significant slope. During winter months when snow and ice are present, AWD or 4WD vehicles with high clearance are required. Snow chains or cables are strongly recommended and guests are advised accordingly. The current property management company maintains professional snow removal. Buyers transitioning to self-management should build a snow removal plan and guest communication protocol into their operating setup before winter season.
What is the potential of the second parcel?
A second parcel (APN #261819420150) is included in the sale. Its buildability, any subdivision feasibility, and any potential impact on the existing STR license from future development are matters the buyer must independently verify with Chelan County Community Development. The parcel represents future optionality — its value is real but unconfirmed until due diligence is completed.
I own a property in Leavenworth — how do I know what it's worth?
Judah Realty specializes in Leavenworth and Chelan County real estate. If you own a vacation property, STR-permitted cabin, or residential home in the area, Freddy offers confidential market consultations with no obligation. The Leavenworth market is active and STR-permitted properties carry significant premium over comparable non-permitted homes. Contact Freddy at (425) 941-8688 or freddy@judahrealty.com to schedule a private seller consultation.
Have more questions? Freddy walks every buyer through the details personally.
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