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1501 Kokanee Loop

Cle Elum, WA 98922
  • $6,200,000
  • STATUS: Active
  • ID#: 2507143
$6,200,000
  • 9
    BEDS
  • 0.85
    ACRES
  • 5
    BATHS
  • 2
    1/2 BATHS
  • 8,300
    SQFT
  • $747
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
2024
County:

School Ratings & Info

School District:
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of COMPASS.
Mortgage Calculator is provided by BoomTown.

Description

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.

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MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-05-13T00:15:38.83. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-05-13T00:15:38.83. All data is obtained from various sources and may not have been verified by 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.

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1501 Kokanee Loop Cle Elum, WA 98922

  • Price: $6,200,000
  • Status: Active
  • On Site: Days
  • ID#: 2507143
9
Beds
5
Baths
2
½ Baths
0.85
Acres
8,300
SQFT
$747
$/SQFT
2024
Built
Neighborhood:
Suncadia
County:
Kittitas
Area:
948 - Upper Kittitas County
School District:
Kittitas
Property Description
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.
Exterior Features

Attached Garage YN Yes Carport YN No Covered Spaces 2 Entry Location Main Exterior Features Metal/Vinyl Garage YN Yes Levels One Lot Features Paved Open Parking YN No Parking Features Attached Garage Parking Total 2 Roof Metal Structure Type House Style Code 16 - 1 Story w/Bsmnt. View YN No Waterfront YN No

Interior Features

Appliances DishwasherDisposalDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer Appliances Included Dishwasher(s)Dryer(s)Garbage DisposalMicrowave(s)Refrigerator(s)Stove(s)/Range(s)Washer(s) Basement Finished Baths Full Garage 0 Baths Full Lower 1 Baths Full Main 2 Baths Full Upper 0 Baths Half Garage 0 Baths Half Lower 1 Baths Half Main 1 Baths Half Upper 0 Baths Three Quarter Garage 0 Baths Three Quarter Lower 1 Baths Three Quarter Main 1 Baths Three Quarter Upper 0 Bedrooms Lower 4 Bedrooms Upper 0 Building Area Total 8300 Cooling Central Air Cooling YN Yes Fireplace YN Yes Fireplaces Lower 1 Fireplaces Main 2 Fireplaces Total 3 Flooring Ceramic TileHardwoodCarpet Heating Forced AirHeat PumpRadiant Heating YN Yes Interior Features Bath Off PrimaryDbl Pane/Storm WindowDining RoomFireplaceFireplace (Primary Bedroom)Hot Tub/SpaPantrySecurity SystemSprinkler SystemWet BarWine/Beverage RefrigeratorWired for Generator Living Area 8300 Main Level Bedrooms 5 Rooms Dining Room (Main Level) Entry Hall (Main Level) Extra Fin Room (Lower Level) Family Room (Main Level) Great Room (Main Level) Kitchen With Eating Space (Main Level) Living Room (Main Level) Primary Bedroom (Main Level) Rec Room (Lower Level) Utility Room (Lower Level) Bathroom Full (Lower Level) Bathroom Full (Main Level) Bathroom Full (Main Level) Bathroom Half (Lower Level) Bathroom Half (Main Level) Bathroom Three Quarter (Lower Level) Bathroom Three Quarter (Main Level) Bed Square Footage Finished 8300 Square Footage Unfinished 0

Property Features

Association Fee 800 Association Fee Frequency Monthly Association Fee Includes Common Area MaintenanceRoad MaintenanceSecurity Association YN Yes Building Information Built On Lot Down Payment Resource YN No Energy Source ElectricNatural Gas FIRPTAYN No First Right Of Refusal No Foundation Details Slab Inclusions Dishwasher(s)Dryer(s)Garbage DisposalMicrowave(s)Refrigerator(s)Stove(s)/Range(s)Washer(s) Irrigation Water Rights YN No Land Lease YN No Listing Terms CashConventional New Construction YN No Pool Features In Ground Pool Type In-Ground Possession Closing Power Production Type ElectricNatural Gas Property Condition Very Good Property Sub Type Single Family Residence Security Features Fully FencedSecurity ServiceSecurity System Senior Community YN No Senior Exemption No Sewer Sewer Connected Site Features Cable TVFenced-FullyGas AvailableHigh Speed InternetHot Tub/Spa Spa YN Yes Special Listing Conditions None Tax Annual Amount 20327 Tax Year 2026 Water Source Community Year Built Effective 2024

MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-05-13T00:15:38.83. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-05-13T00:15:38.83. All data is obtained from various sources and may not have been verified by 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.

Digital Millennium Copyright Act
 
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Keller Williams Western Realty
2211 Rimland Drive, Suite 124
Bellingham WA, 98226
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of COMPASS.
Mortgage Calculator is provided by BoomTown.