Address
1501 Kokanee Loop, Cle Elum, WA
Price
$ 6,200,000
Property Attributes
- ID#2507143
- TypeSingle Family
- CountyKITTITAS
- CityCle Elum
- AreaUpper Kittitas County
- NeighborhoodSuncadia
- Zip98922
- Style1 Story w/Bsmnt.
- Year Built2024
- Taxes$ 20327
- Price$ 6,200,000
- Bedrooms9
- Full Bathrooms5
- Half Bathrooms2
- Sqr Footage8300
- Lot Size0.85 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
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.
| Price History | |
|---|---|
| 4/21/2026 | Listed $6,200,000 |
General Features
| Living Area | 8300 |
|---|---|
| Sewer | Sewer Connected |
| Heating | Forced Air,Heat Pump,Radiant |
| Cooling | Central Air |
| Possession | Closing |
| Roof | Metal |
| Appliances | Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer |
| HOA Fee | 800 |
| Association Fee Includes | Common Area Maintenance,Road Maintenance,Security |
| Pool Features | In Ground |
| Security Features | Fully Fenced,Security Service,Security System |
| Year Built | 2024 |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| Assoc Fee Paid Per | Monthly |
| County | Kittitas |
| New Construction | No |
| Property Type | Residential |
| HOA | Yes |
| Attached Garage | Yes |
| Subdivision Name | Suncadia |
| Garage Y/N | Yes |
| Full Baths | 3 |
| Special Listing Conditions | None |
| Status | Active |
| Directions | GPS |
| City | Cle Elum |
| Entry Location | Main |
| Senior Community Y/N | No |
| High School District | Kittitas |
| MLS Area | 948 - Upper Kittitas County |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 37026 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional |
| Land Lease Y/N | No |
| Tax Annual Amount | 20327 |
| Property Condition | Very Good |
| Public Remarks | 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 2 |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Total Actual Rent | 2900 |
| Property Style | 16 - 1 Story w/Bsmnt. |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | 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 |
|---|---|
| Basement | Finished |
| Flooring | Ceramic Tile,Hardwood,Carpet |
| Total Fireplaces | 3 |
| Fireplace Features | Gas |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Half Baths | 2 |
| 3/4 Baths | 2 |
| Total Bedrooms | 9 |
| Main Level Bedrooms | 5 |
| Total Baths | 7 |
| Fireplaces Main | 2 |
| Fireplaces Lower | 1 |
| Power Production Type | Electric,Natural Gas |
| Baths Three Quarter Lower | 1 |
| Baths Three Quarter Main | 1 |
| Bedrooms Lower | 4 |
| Baths Half Main | 1 |
| Baths Half Lower | 1 |
| Baths Full Main | 2 |
| Baths Full Lower | 1 |
| Bathrooms | 5.5 |
Exterior Features
| Exterior Amenities | Metal/Vinyl |
|---|---|
| Parking Features | Attached Garage |
| Lot Features | Paved |
| Water Source | Community |
| Total Parking | 2 |
| Inclusions | Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s) |
| Foundation Details | Slab |
| Spa | Yes |
| Building Area Total | 8300 |
| Lot Size Acres | 0.85 |
| Waterfront Y/N | No |
| Covered Spaces | 2 |
| Irrigation Water Rights Y/N | No |
| Site Features | Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Hot Tub/Spa |
| Pool Type | In-Ground |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98922
Price
Taxes
Year Built
Visits
In The Neighborhood
Open House
Cle Elum
$ 1,750,000
- Type
- Single Family | Active
- Size
- 3,380 SqFt
- Rooms
- 5 Beds + 3.5 Baths
Listed by: John L. Scott RE Cle Elum
Cle Elum
$ 1,599,000
- Type
- Single Family | Active
- Size
- 2,964 SqFt
- Rooms
- 4 Beds + 3 Baths
Listed by: COMPASS
Open House
Cle Elum
$ 1,888,000
- Type
- Single Family | Active
- Size
- 3,111 SqFt
- Rooms
- 4 Beds + 3 Baths
Listed by: COMPASS
Cle Elum
$ 2,950,000
- Type
- Single Family | Active
- Size
- 3,713 SqFt
- Rooms
- 3 Beds + 3 Baths
Listed by: Engel & Voelkers Mercer Island
Cle Elum
$ 1,399,000
- Type
- Single Family | Active
- Size
- 2,781 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Listed by: COMPASS
Cle Elum
$ 3,800,000
- Type
- Single Family | Active
- Size
- 4,526 SqFt
- Rooms
- 5 Beds + 4.5 Baths
Listed by: COMPASS
Cle Elum
$ 1,749,000
- Type
- Single Family | Active
- Size
- 2,957 SqFt
- Rooms
- 4 Beds + 3 Baths
Listed by: John L. Scott RE Cle Elum
Cle Elum
$ 1,529,900
- Type
- Single Family | Active
- Size
- 2,741 SqFt
- Rooms
- 3 Beds + 3 Baths
Listed by: Engel & Volkers North Cascades
Cle Elum
$ 1,195,000
- Type
- Single Family | Active
- Size
- 2,174 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: COMPASS
Open House
Cle Elum
$ 1,788,000
- Type
- Single Family | Active
- Size
- 3,371 SqFt
- Rooms
- 4 Beds + 4 Baths
Listed by: Real Residential
Open House
Cle Elum
$ 1,388,000
- Type
- Single Family | Active
- Size
- 2,333 SqFt
- Rooms
- 5 Beds + 3.5 Baths
Listed by: John L. Scott RE Cle Elum
Open House
Cle Elum
$ 1,750,000
- Type
- Single Family | Active
- Size
- 3,840 SqFt
- Rooms
- 5 Beds + 3.5 Baths
Listed by: COMPASS
Open House
Cle Elum
$ 1,795,000
- Type
- Single Family | Active
- Size
- 3,311 SqFt
- Rooms
- 5 Beds + 5 Baths
Listed by: John L. Scott RE Cle Elum
