1501 Kokanee Loop
Cle Elum, WA, 98922 $ 6,200,000
Bedrooms9 Baths5.2 Sq 8,300 Monthly Estimate*
$ 38,174
for $6,200,000 with 9 bedrooms and 5 full baths, 2 half baths. This 8,300 square foot home was built in 2024 on a lot size of 0.85.
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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FeaturesGeneralLiving Area 8300
Sewer Sewer Connected
Heating Forced Air Heat Pump Radiant
Cooling Central Air
Possession Closing
Roof Metal
Appliances Dishwasher Disposal Dryer Microwave Refrigerator Stove(s)/Range(s) Washer
HOA Fee 800
Association Fee Includes Common Area Maintenance Road Maintenance Security
Pool Features In Ground
Security Features Fully Fenced Security Service Security System
Year Built 2024
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Assoc Fee Paid Per Monthly
County Kittitas
New Construction N
Property Type Residential
HOA Y
Attached Garage Y
Subdivision Name Suncadia
Garage Y/N Y
Full Baths 3
Special Listing Conditions None
Status Active
Directions GPS
City Cle Elum
Entry Location Main
Senior Community Y/N N
High School District Kittitas
MLS Area 948 - Upper Kittitas County
Lot Size Units Square Feet
Lot Size Square Feet 37026
Carport Y/N N
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 20327
Property Condition Very Good
Public Remarks 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 2
Structure Type House
Building Area Units Square Feet
Standard Status Active
Total Actual Rent 2900
Property Style 16 - 1 Story w/Bsmnt.
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InteriorInterior Amenities 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
Basement Finished
Flooring Ceramic Tile Hardwood Carpet
Total Fireplaces 3
Fireplace Features Gas
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 2
3/4 Baths 2
Total Bedrooms 9
Main Level Bedrooms 5
Total Baths 7
Fireplaces Main 2
Fireplaces Lower 1
Power Production Type Electric Natural Gas
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
Baths Half Upper 0
Baths Half Main 1
Baths Half Lower 1
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 2
Baths Full Lower 1
Baths Full Garage 0
Bathrooms 5.5
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ExteriorExterior Amenities Metal/Vinyl
Parking Features Attached Garage
Lot Features Paved
Water Source Community
Total Parking 2
Inclusions Dishwasher(s) Dryer(s) Garbage Disposal Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Foundation Details Slab
Spa Y
Building Area Total 8300
Lot Size Acres 0.85
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Fully Gas Available High Speed Internet Hot Tub/Spa
Pool Type In-Ground
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Internal OnlyOriginalMLSID NWM2507143
Street Number 1 1501
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $38,174
- Monthly Property Taxes
- $1,694
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Cle Elum, WA
Average List Price $1,426,780
Percent of Sale Price 77%
About Cle Elum, WA 2,218 Population
18% Since 2002
$ 41,830 Median Income
44.33 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
257262 Elementary School
258722 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/21/2026 | $6,200,000 | | Listed Price |