Listing Office: COMPASS Northwest Multiple Listing Service Logo

1501 Kokanee Loop, Cle Elum, WA

$6,200,000

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9

Beds

Baths

8,300

Square feet

0.85

Acres

About 1501 Kokanee Loop

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.

Features of 1501 Kokanee Loop

MLS® # 2507143
Price $6,200,000
Bedrooms 9
Bathrooms 5.50
Full Baths 3
Half Baths 2
Square Footage 8,300
Acres 0.85
Year Built 2024
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 1501 Kokanee Loop
Area 948 - Upper Kittitas County
Subdivision Suncadia
City Cle Elum
County Kittitas
State WA
Zip Code 98922

Amenities

Parking Spaces 2
Parking Attached Garage
Is Waterfront No

Interior

Interior Features 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
Appliances Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Heating Forced Air, Heat Pump, Radiant
Cooling Central Air
Fireplace Yes
# of Fireplaces 3
Fireplaces Gas

Exterior

Exterior Features Metal/Vinyl
Lot Description Paved
Foundation Slab

School Information

District Kittitas

Additional Information

Date Listed April 20th, 2026
Days on Market 129
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCOMPASS

Listing Map

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