Investment opportunity near Lake Cle Elum with no HOA and short-term rentals allowed. This 3-bedroom, 2-bath manufactured home sits on a spacious .24-acre lot just one block from the lake in one of the area's most desirable recreational destinations. Whether you're looking for a vacation getaway, income-producing STR, or your next value-add project, the potential here is undeniable. Enjoy a peek-a-boo view of the lake, adding to the property's mountain getaway appeal. Surrounded by year-round outdoor adventure including boating, fishing, hiking, snowmobiling, and trails, this property offers the lifestyle buyers and renters are searching for. The generous lot provides ample space for parking, toys, future improvements, or creating the ultimate outdoor retreat. The home is being sold as-is and is ready for your vision and updates, making it an excellent opportunity to build equity in a high-demand location where investment properties are increasingly hard to find. Rare flexibility, strong rental potential, no HOA restrictions, and close access to the lake make this a standout opportunity in the Cle Elum area. Year round access and close to Suncadia.