Leavenworth, Wa Short Term Rentals Market

[Christian Pirotte]

Hello! I'm moving to the Seattle area in Spring 2019 and looking to potentially enter the STR market in the Leavenworth/Lake Wenatchee area sometime next year. I currently own a multifamily in Charleston, SC and am very unfamiliar with the STR game. I'm looking for any insight into STR in the highway 2 to Leavenworth area. It seems like a Tacoma multi family is going to be the safer route but I'd be interested in taking with anyone who has experience here.

[Nik Moushon]

Originally posted by @Ben Freeburg:

Leavenworth is a great and fun town. However, it does not allow STR rentals in order to support its lodging industry. Something to consider in your analysis. You'd have to look outside of town. Unfortunately, the STR market is getting tougher in the NW due to city ordinances...

Partially correct. There is no STR allowed in the city limits of Leavenworth BUT only in residential zones. This does take most the housing out of consideration but I know there are some in town that are not in residential areas and you can build SFR in no residential zones. Some have exemptions built in already and other would require a CUP. The good thing though is the city limits are actually very small and it doesn't take long to get into the county and then STR are allowed.

http://cityofleavenworth.com/col-assets/uploads/20...

You only need to read the second section on the first page. The rest doesnt concern STR.