LKV Realty
Logo
Ned HosfordCOMPASS
$6,200,000
1501 Kokanee Loop, Cle Elum, WA 98922Listing ID 2507143

1501 Kokanee Loop, Cle Elum, WA 98922

Active
Suncadia
Last updated: Jul 15, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
9
Bathrooms
Bathrooms
7
Square Feet
Square Feet
8,300
Acres
Acres
0.85
Cooling
Cooling
Central Air
Heating
Heating
Forced Air, Heat Pump, Radiant
Year Built
Year Built
2024
Parking
Parking
Attached Garage

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.

Property Information

Property Details

Location

Address
1501 Kokanee Loop
County
Kittitas
City
Cle Elum
Zip Code
98922
Subdivision
Suncadia
School District
Kittitas
MLS Area
948 - Upper Kittitas County

Interior Features

Beds and Baths

Bedrooms
9
Main Level Bedrooms
5
Full Bathrooms
3
Half Bathrooms
2
3/4 Bathrooms
2

Building

Building Information

Square Feet
8,300
Year Built
2024
Construction
Metal/Vinyl
Foundation
Slab
Roof
Metal
Condition
Very Good

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$20,327
Tax Year
2026

Homeowner Association

HOA Fee
$800
HOA Fee Frequency
Monthly
Source: Northwest Multiple Listing Service
Northwest Multiple Listing Service logo

Based on information submitted to the MLS GRID as of 12 Aug 2026, 05:24 PM UTC. 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

For corrections to this data please contact Brytecore MLS Support.

NWM106574 • NWM51497

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.