1501 Kokanee Loop Cle Elum, WA 98922
1501 Kokanee Loop
Cle Elum, WA 98922
$6,200,000
Residential
9 Beds
5.50 Baths
8300 SqFt
Active
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 Features
Community: Suncadia
1 Story w/Bsmnt.
Cable TV
Fenced-Fully
Gas Available
High Speed Internet
Hot Tub/Spa
Pool: In-Ground
Exterior: Metal/Vinyl
Roof: Metal
Parking: Attached Garage
Year Built: 2024
HOA Dues: $800
2026 Taxes: $20327.00
Buyer Broker Comp.: 2.5%
Listing #: 2507143
Lot Details
Lot Size: 0.85 acres
Paved
Appliances That Stay
Dishwasher
Disposal
Dryer
Microwave
Refrigerator
Stove(s)/Range(s)
Washer
Interior
Bath Off Primary
Dining Room
Fireplace
Fireplace (Primary Bedroom)
Hot Tub/Spa
Pantry
Security System
Sprinkler System
Wet Bar
Wired for Generator
Dbl Pane/Storm Window
Cooling:
Heating: Heat Pump, Radiant, Forced Air
Electric
Natural Gas
Fireplaces: 3
Schools
District: Kittitas
Call or Email:
Grace Wamwere
What's Near 1501 Kokanee Loop Cle Elum, WA 98922?

Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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