1501 Kokanee Loop, Cle Elum, WA 98922 (MLS # 2507143)

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Listing provided courtesy of Northwest MLS; COMPASS

PRICE $6,200,000 dsIDX morgage calculator
BEDS 9
BATHS 5.5
HOME SIZE 8,300 sqft
LOT SIZE 37,026 sqft

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.

LAST UPDATED 4/20/2026 TRACT Suncadia
YEAR BUILT 2024 COMMUNITY Suncadia
COUNTY Kittitas STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AMENITIES Security
APPLIANCES Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
AREA 948 - Upper Kittitas County
BASEMENT Finished, Yes
CONSTRUCTION Metal Siding, Vinyl Siding
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Electric, Forced Air, Heat Pump, Natural Gas, Radiant
HOA DUES 800
INTERIOR Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), Hot Tub/Spa, Pantry, Security System, Sprinkler System, Wet Bar, Wine/Beverage Refrigerator, Wired for Generator
LOT 0.85 acre(s)
LOT DESCRIPTION Paved
MLS STATUS Active
PARKING Attached
POOL Yes
POOL DESCRIPTION In Ground
STORIES 1
STYLE 16 - 1 Story w/Bsmnt.
SUBDIVISION Suncadia
TAXES 20327
UTILITIES Cable Available, Sewer Connected
MORTGAGE CALCULATOR
   

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 4/23/26 2:13 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. 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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