1501 Kokanee Loop, Cle Elum, WA 98922

Cle Elum
Local realty services provided by:Knipe Realty ERA Powered
Listed by: ned hosford, bob bennion
Office: compass
MLS#:2507143
Source:NWMLS
1501 Kokanee Loop,Cle Elum, WA 98922
$6,200,000
  • 9 Beds
  • 7 Baths
  • 8,300 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$6,200,000
  • Price per sq. ft.:$746.99
  • Monthly HOA dues:$800

About this home

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...

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Home facts

  • Year built:2024
  • Listing ID #:2507143
  • Updated:May 08, 2026 at 11:01 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:7
  • Full bathrooms:3
  • Half bathrooms:2
  • Flooring:Carpet, Ceramic Tile Floor, Hardwood
  • Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator
  • Bedroom Description:Lower Level Bedrooms : 4, Main Level Bedrooms : 5
  • Basement:Yes
  • Basement Description:Finished
  • Living area:8,300 sq. ft.

Heating and cooling

  • Heating:Forced Air, Heat Pump, Radiant
  • Central air:Yes

Structure and exterior

  • Roof:Metal
  • Year built:2024
  • Building area:8,300 sq. ft.
  • Lot area:0.85 Acres
  • Lot Features:Paved
  • Construction Materials:Metal/Vinyl Exterior Finish
  • Exterior Features:Fenced-Fully
  • Foundation Description:Finished
  • Levels:1 Story

Utilities

  • Water:Community
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$6,200,000
  • Price per sq. ft.:$746.99
  • Tax amount:$20,327 (2026)

Features and amenities

  • Appliances:Dishwasher, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Cable TV, Gas Available, High Speed Internet, Pantry, Security System, Sprinkler System, Wired for Generator

Parking

  • Total parking spaces:2
  • Parking description:Attached Garage
  • Garage:Yes
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