$6,200,000
Active

1501 Kokanee Loop

Cle Elum, WA 98922
Browse more homes in Cle Elum, WA
9
Beds
5
Baths
8,300
SqFt
2024
Built
High-Yield Luxury STR Asset A rare opportunity to acquire a fully stabilized, large-group luxury short-term rental in one of the Pacific Northwest's most sought-after resort destinations. Built in 2024 and purpose-designed for 22+ guest occupancy, this retreat operates at the top of the Suncadia rental market. Two full kitchens, heated pool, hot tub, movie theatre, built-in arcade, outdoor kitchen, multiple fire pits, and beds for 22+ make it one of a handful of properties capable of hosting groups at this scale. The Financials Year 1 (2025): $128,852 gross, 54 nights | $2,386 ADR Year 2 (2026): $205,000 booked, 67 nights | $3,000+ ADR Year 3 (2027): Projected $400,000+ gross revenue Market Rate Potential: $600,000+ gross annual revenue The Upside Pricing has been kept below market while the owner built reviews and repeat clientele. Comparable properties at this scale in Suncadia rent at $4,200+ per night. At market rate, annual gross revenue exceeds $600,000. The $400K projection assumes below-market pricing. The Asset 8,300 square feet of architecturally designed living space on just under an acre, one of only three properties of this scale in Suncadia. Two full kitchens, heated pool, hot tub, movie theatre, built-in arcade, outdoor kitchen, multiple BBQs, and beds for 22+ paired with luxury finishes throughout. Private, yet steps from Suncadia's trail network for running, biking, and cross-country skiing. Built 2024. Fully turnkey, no deferred maintenance.
1501 Kokanee Loop
MORTGAGE CALCULATOR
$31,351
Estimate only — not a loan offer. Consult a lender for actual terms.

LISTING SNAPSHOT

Price$6,200,000
Bedrooms9
Full Baths3
Half Baths4
Inside Area (SqFt)8,300 sqft
Lot Size0.85 Acres
Year Built2024
MLS® Number2507143
StatusActive
Property Tax20327
HOA/Condo/Coop Fees800

GENERAL

Acres0.85
Attached GarageYes
FoundationSlab
GarageYes
Land LeaseNo
LevelsOne
ParkingAttached
Parking Spaces2
Property Sub TypeSingle Family Residence
SecuritySecurity System, Security Service
SqFt Total8300
UtilitiesCable Available, Sewer Connected

INTERIOR

AppliancesDishwasher, Dryer, Microwave, Refrigerator, Disposal, Washer
BasementFinished
CoolingCentral Air
FireplaceYes
Fireplace FeaturesGas, Master Bedroom
Fireplaces3
FlooringCeramic Tile, Hardwood, Carpet
HeatingElectric, Natural Gas, Forced Air, Heat Pump, Radiant
InteriorPantry, Wet Bar
Main Level Bedrooms5
SpaYes
Bathroom FullLevel - Lower
Bathroom HalfLevel - Lower
Bathroom Three QuarterLevel - Lower
BedroomLevel - Lower
Dining RoomLevel - Main
Entry HallLevel - Main
Extra Fin RoomLevel - Lower
Family RoomLevel - Main
Great RoomLevel - Main
KitchenLevel - Main
Living RoomLevel - Main
Master BedroomLevel - Main
Rec RoomLevel - Lower
Utility RoomLevel - Lower

EXTERIOR

Construction DetailsVinyl Siding, Metal Siding
FencingFenced
Lot FeaturesPaved
Pool FeaturesIn Ground
Private PoolYes
RoofMetal
SpaYes

COMMUNITY

Association Dues800
Building AccessMain
Financing Terms AvailableCash, Conventional
HOA Fee FrequencyMonthly
MLS Area948 - Upper Kittitas County
School DistrictKittitas

SCHOOLS

School DistrictKittitas

RECENT ACTIVITY

April 20, 2026Active

Listing courtesy of COMPASS

Courtesy of NWMLS
Listing courtesy of Ned Hosford of COMPASS



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-07-15 05:07 AM PDT

Comps

Limited comparable sales data available in this area.

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