1501 Kokanee Loop, Cle Elum, Washington 98922

WA, Cle Elum
$6,200,000
  • 9 Beds
  • 7 Bath
  • 8,300 Sqft
  • Residential Property Type
  • 2024 Year Built
  • Active Status
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.

Source: NWMLS
Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 2507143
  • Price: $6,200,000
  • Bedrooms: 9
  • Bathrooms: 7
  • Square Footage: 8,300 Sqft
  • Year Built: 2024
  • Lot Area: 0.85 Acre
  • Status: Active
  • Office Name: COMPASS
  • Agent Name: Ned Hosford
  • Full Bathrooms: 3
  • Property Sub Type: Single Family Residence
  • Roof: Metal
Features
  • Swimming Pool In Ground
  • Heating System Heat Pump, Forced Air, Radiant
  • Cooling System Central Air
  • Basement Finished
  • Fireplace Gas
  • Parking Attached Garage
  • Exterior Features Metal/Vinyl
  • Fireplaces Total: 3
  • Flooring Ceramic Tile, Hardwood, Carpet
  • Interior Features Bath Off Primary, Fireplace, Fireplace (Primary Bedroom), Hot Tub/Spa, Security System, Wet Bar, Wired for Generator, Dining Room, Sprinkler System, Wine/Beverage Refrigerator, Pantry, Dbl Pane/Storm Window
  • Sewer Sewer Connected
Appliances
  • Disposal
  • Stove(s)/Range(s)
  • Dishwasher
  • Refrigerator
  • Microwave
  • Dryer
  • Washer
Address Map
  • Country US
  • State WA
  • County Kittitas
  • City Cle Elum
  • Zipcode 98922
  • Street: Kokanee
  • Street Number: 1501
  • Street Suffix: Loop
  • Longitude: W122° 58' 43.2''
  • Latitude: N47° 13' 23.8''
  • Directions: GPS
  • Mls Area Major: 948 - Upper Kittitas County
Neighborhood
  • High School District: Kittitas
Additional Information
  • Water Source: Community
  • On Market Date: 2026-04-20
  • Lot Features: Paved
  • Levels: One
  • Foundation Details: Slab
  • Construction Materials: Metal/Vinyl
  • Attached Garage Yn: 1
Financial
  • Association Fee: 800
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Area Maintenance, Security, Road Maintenance
  • Association Yn: 1
  • Tax Annual Amount: 20327
Listing Information
  • Co List Agent Full Name: Bob Bennion
  • Co List Agent Mls Id: 51497
  • Co List Office Mls Id: 2016
  • Co List Office Name: COMPASS
  • List Agent Mls Id: 106574
  • List Office Mls Id: 2016
  • Listing Term: Cash,Conventional
  • Mls Status: Active
  • Modification Timestamp: 2026-04-23T00:27:14Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2026-04-20T23:47:54Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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