Rockhood
$6,200,000List price
9 bed · 6 bath · 8,300 sq ft
Active

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 School
SchoolDigger 3 stars · Top 33% in WA

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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.