1501 Kokanee Loop

Cle Elum, WA 98922

$6,200,000
Price
9
Beds
8,300 Sq. Ft.
$747 / Sq. Ft.
8,300
Sq. Ft.
$747
per Sq. Ft.
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Listed By Compass
Listed By Compass
Listing provided courtesy of Compass
Source: Northwest MLS

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...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.

Listing Agents

  1. Ned Hosford

    Ned Hosford

    Listing Agent

    Compass

    ned.hosford@compass.com

    P: (206)-617-3532

    CallTextEmail
  2. Bob Bennion

    Bob Bennion

    Alternative Listing Agent

    Compass

    bob.bennion@compass.com

    P: (206)-328-7200

    CallTextEmail

Property Details for 1501 Kokanee Loop

Community Name
Suncadia
School District
Kittitas
Number of Assigned Spaces
2
Total Covered Parking
2
Entry Date
04-20-2026
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected
LISTING UPDATED: 04/22/2026 05:27 PM

Property Details for 1501 Kokanee Loop

StatusActive
MLS #2507143
Days on Market7
Cumulative Days on Market7
Taxes$20,327 / year
HOA Fees$800 / month
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential
Year Built2024
Lot Size0.85 AC / 37,026 SF
CountyKittitas County
Buyer's Agent Compensation2.5%
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Location

Listing Courtesy of Compass
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Building Information for 1501 Kokanee Loop

Stories-Year Built2024Building Size-Lot Size0.85 AC / 37,026 SF

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$33,714 per month

30 year fixed, 6.46% Interest

Principal and Interest

$31,220

Property Taxes

$1,694

HOA Dues

$800

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Property Information for 1501 Kokanee Loop

Summary
Location and General Information
  • Style: 16 - 1 Story w/Bsmnt.
  • Building Information: Built On Lot
  • Site Features: Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Hot Tub/Spa
  • Area: 948 - Upper Kittitas County
  • Effective Year Built Source: Public Records
  • Directions: GPS
  • Property Sub Type: RESI
  • View: No
  • Waterfront: No
  • Entry Location: Main
Taxes and HOA Information
  • Tax Year: 2026
  • Home Owner Dues Include: Common Area Maintenance, Road Maintenance, Security
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
  • Parking Type: Attached Garage, Garage-Attached
  • Open Parking: No
  • Parking Features: Attached Garage
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Half Bathrooms: 2
  • Full Baths Lower: 1
  • Full Baths Main: 2
  • Full Baths Upper: 0
  • Three Quarter Baths Lower: 1
  • Three Quarter Baths Main: 1
  • Three Quarter Baths Upper: 0
  • Half Baths Lower: 1
  • Half Baths Main: 1
  • Half Baths Upper: 0
  • Full Baths Garage: 0
  • Half Baths Garage: 0
  • Three Quarter Baths Garage: 0
  • Main Level Bathrooms: 4
Bedroom Information
  • Bedrooms Main: 5
  • Bedrooms Upper: 0
  • Bedrooms Lower: 4
  • Master Bedroom Level: Main
Interior Features
  • Fireplaces Total: 3
  • Fireplaces Lower: 1
  • Fireplaces Main: 2
  • Floor Covering: Ceramic Tile, Hardwood, Carpet
  • Basement: Finished
  • 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
  • Room and Floor: Dining Room-Main, Entry Hall-Main, Extra Fin Room-Lower, Family Room-Main, Great Room-Main, Kitchen With Eating Space-Main, Living Room-Main, Primary Bedroom-Main, Rec Room-Lower, Utility Room-Lower, Bathroom Full-Lower, Bathroom Full-Main, Bathroom Half-Lower, Bathroom Half-Main, Bathroom Three Quarter-Lower, Bathroom Three Quarter-Main, Bedroom-Lower, Bedroom-Main
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Cooling: Yes
  • Cooling: Central Air
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Heating: Yes
  • Heating: Forced Air, Heat Pump, Radiant
  • Spa: Yes
  • FIRPTA: No
  • Room List: Dining Room, Entry Hall, Extra Fin Room, Family Room, Great Room, Kitchen With Eating Space, Living Room, Primary Bedroom, Rec Room, Utility Room, Bathroom Full, Bathroom Half, Bathroom Three Quarter, Bedroom
  • Number Of Showers: 5
Exterior Features
  • Exterior: Metal/Vinyl
  • Roof: Metal
  • Appliances That Stay: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • Pool: In Ground
  • Pool Type: In-Ground
  • Security Features: Fully Fenced, Security Service, Security System
Property
Utilities
  • Water Source: Community
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Senior Exemption: No
  • Foundation: Slab
  • Level: One
  • First Right Of Refusal: false
  • MLS Square Footage Source: Tax Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 2024
  • Photos Count: 35
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Tax Records
  • Parcel Number Free Text: 961164
  • Building Condition: Very Good
  • Calculated Square Footage: 8300
  • Structure Type: House
  • Square Footage Finished: 8300
  • Square Footage Unfinished: 0
  • Building Area Total: 8300.0
  • Building Area Units: Square Feet
  • Property Type: Residential
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Rental
Rent Information
  • Occupant Type: Owner
  • Land Lease: No
  • Total Actual Rent: $2,900

Property History for 1501 Kokanee Loop

DateEvent & SourcePriceAppreciation
Apr 20, 2026

Listed (Active)

NWMLS #2507143

$6,200,000—
DateEvent & SourcePrice
04/20/2026

Listed (Active)

NWMLS #2507143

$6,200,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1501 Kokanee Loop

Taxable ValueLand$427,600Additions$2,970,820Total$3,398,420
Tax Record2025$20,454 ($1,704 / month)
Home Facts
Beds7Total Finished SqFt4,531 SqFtAbove Ground SqFt4,531 SqFtStories1Lot Size37,026 SqFtStyleSingle Family ResidenceYear Built2022CountyKITTITASAPN961164

Schools near 1501 Kokanee Loop

This home is within Cle Elum-Roslyn School District.
Rating
School
Type
Grades
Distance
Cle Elum Roslyn Elementary School
Public - PK to 5
Walter Strom Middle School
Public - 6 to 8
Cle Elum Roslyn High School
Public - 9 to 12
Swiftwater Learning Center
Public - 9 to 12
Rating
School
Distance
Cle Elum Roslyn Elementary School
PublicPK to 5

Walter Strom Middle School
Public6 to 8

Cle Elum Roslyn High School
Public9 to 12

Swiftwater Learning Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1501 Kokanee Loop, Cle Elum, WA 98922

1501 Kokanee Loop is a single family home for sale in Cle Elum, WA 98922. This property was listed for sale on April 20, 2026 by Compass, it's currently listed at $6,200,000. This listing's school district is Cle Elum-Roslyn School District. Nearby schools include Cle Elum Roslyn Elementary School, Walter Strom Middle School and Cle Elum Roslyn High School. 1501 Kokanee Loop is a 9-bed, 7-bath, 8,300 sqft single family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass

Based on information submitted to the MLS GRID as of 04/22/2026 05:27 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.