SOLD: Pine Vista — 8 Acres and a Rare Transferable STR Permit in Leavenworth's Chumstick Valley
Sold Under Deadline: How Pine Vista's Rare STR Permit Closed at $620,000
🏡 Just Sold · Investment Property
Pine Vista — 17336 Chumstick Hwy, Leavenworth — closed at $620,000 on September 25, 2026, one day ahead of the deadline for the buyer to exercise their right to the property's rare, transferable Tier 2 Short-Term Rental permit. They exercised it. The deal closed. And an asset that's become nearly impossible to obtain fresh in Chelan County today passed to its next owner, fully intact.
An Asset, Not Just a Cabin
Pine Vista sits on 8.21 private acres across two parcels in the Chumstick Valley, just north of downtown Leavenworth — the Bavarian-themed town that draws more than 2.5 million visitors a year and consistently ranks among Washington's strongest short-term rental markets. The property itself is a well-kept A-frame log cabin, fully furnished and actively booking. But the real story of this sale was never just the acreage or the cabin. It was STR# 000365 — a Tier 2 Short-Term Rental permit, one-time transferable under current Chelan County regulations. Chelan County has tightened STR permitting dramatically in recent years. A transferable Tier 2 permit in a prime Chumstick Valley location isn't a feature you can shop for anymore — for most buyers today, it simply isn't obtainable at any price. That scarcity is exactly what made this closing time-sensitive in a way most residential transactions never are.
A Deal With a Real Deadline
The buyer had a specific window to exercise their right to the Tier 2 permit transfer, with that window closing on September 26. Missing it wouldn't have just delayed the deal — it could have meant losing the permit's value entirely, turning a working short-term rental asset into an ordinary cabin on acreage. We closed on September 25, one day ahead of that deadline, with the permit transfer confirmed and the buyer fully positioned to continue operating Pine Vista as a licensed short-term rental from day one of ownership. Deals like this don't come together on luck. They come together because every party — buyer, seller, title, and county — understood exactly what was at stake and moved with the deadline in mind rather than around it.
Thinking About Listing Next Year?
Pine Vista is a good example of something I believe matters more than most sellers realize: a property's full value often isn't obvious from the listing photos. It's in the details — a permit, a zoning designation, an income history — that a buyer has to actually understand to pay what the asset is truly worth. Marketing a property like this well means knowing what makes it genuinely rare, and making sure the right buyers understand that before they ever walk the lot. If you're considering listing a property in early 2026 — whether it's a unique investment asset like this one or a traditional Eastside home — the same principle applies. The right marketing and the right representation are what turn a property's hidden value into a closed sale, not just a listing that sits.
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Considering a 2026 Listing?
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