1501 Kokanee Loop, Cle Elum, WA 98922

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Listing Firm: COMPASS (206-328-7200). Listings with the three tree icon are courtesy of NWMLS.

1501 Kokanee Loop

Cle Elum, WA 98922

LISTING #2507143

BEDS 9

BATHS 3 | 4

SQFT 8,300

REQUEST DETAILS SCHEDULE A SHOWING

$6,200,000

STATUS Active

YEAR BUILT 2024

PROPERTY TYPE Residential

ABOUT THIS PROPERTY

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 DETAILS

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Location Information

County Kittitas

Community Suncadia

Latitude 47.223289

Longitude -121.021339

Directions GPS

Subdivision Name Suncadia

Interior Features

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

Bedrooms 9

Full Baths 3

3/4 Baths 2

1/2 Baths 2

Has Fireplace Yes

Number of Fireplaces 3

Fireplace Description Gas

Heating Forced Air, Heat Pump, Radiant

Cooling Central Air

Floors Ceramic Tile, Hardwood, Carpet

Appliances Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer

Inclusions Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

Entry Main

Exterior Features

Style 1 Story w/Bsmnt.

Stories One

Is New Construction Yes

Exterior Metal/Vinyl

Foundation Slab

Roof Metal

Water Source Community

Septic or Sewer Sewer Connected

Covered Spaces 2

Power Production Type Electric, Natural Gas

Security Features Fully Fenced, Security Service, Security System

Parking Features Attached Garage

Has Garage Yes

Parking Spaces 2

Pool Type In-Ground

Pool Features In Ground

Site Features Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Hot Tub/Spa

Lot Features Paved

Lot Size in Acres 0.85

Lot Size in Sq. Ft. 37,026

Buildings Built On Lot

Building Total Area 8300 Square Feet

Has Waterfront No

Has View No

School

High School District Kittitas

Additional Information

Possession Closing

Property Type Residential

Property Subtype Single Family Residence

Structure Type House

Year Built 2024

Status Active

Tax Year 2026

Tax Amount $20,327

Lot Acres Source Tax Records

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