1501 Kokanee Loop · Cle Elum, WA 98922
Source: NWMLS · COMPASS · Ned Hosford #NWM2507143
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 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.
Location
Basics
- Property type
- Single Family Residence
- Style
- 1 Story w/Bsmnt.
- Stories
- 1 story
- Condition
- Very Good
- Year built
- 2024
- Lot size
- 37,026 sq ft (0.85 acres)
- County
- Kittitas
- MLS #
- NWM2507143
Interior
- Heating
- Forced Air, Heat Pump, Radiant
- Cooling
- Central Air
- Flooring
- Ceramic Tile, Hardwood, Carpet
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
- Fireplace
- 3 · Gas
- 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
- Entry level
- Main
Exterior & lot
- Exterior features
- Metal/Vinyl
- Roof
- Metal
- Foundation
- Slab
- Lot features
- Paved
- Waterfront
- No
- Pool
- In Ground
Parking
- Parking spaces
- 2
- Garage
- Yes (attached)
- Covered spaces
- 2
- Parking features
- Attached Garage
Utilities
- Water
- Community
- Sewer
- Sewer Connected
- Power
- Electric, Natural Gas
Community & fees
- Subdivision
- Suncadia
- HOA dues
- $800/mo
- Property tax
- $20,327 (2026)
Transaction
- Listed on
- Apr 20, 2026
- Days on market
- 153
- Price per sq ft
- $747
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Schools
School district: Kittitas
- High
- Cle Elum Roslyn High SchoolSchoolDigger 3 stars · Top 33% in WA

Listing provided courtesy of: COMPASS
Listing agent: Ned Hosford.
Based on information submitted to the MLS GRID as of —. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-05-20.