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1501 Kokanee Loop, Cle Elum, WA, 98922

9beds
7baths
8,300sqft
$6,200,000
$747price/sqft
$34,908/moest. monthly cost
$1,396,320/yrincome needed

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.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
22
BikeSomewhat Bikeable

Schools

7/10
5/10

Construction

Condition

  • Property condition: Very Good
  • Year built: 2024

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Metal/Vinyl

Notable Dates

  • Major remodel year: 2024

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story w/Bsmnt.
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s)

Basement

  • Has basement: Yes
  • Basement: Finished

Bathroom Full

  • Level: Lower

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Three Quarter

  • Level: Lower

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Lower

Bedroom

  • Level: Lower

Bedroom

  • Level: Lower

Bedroom

  • Level: Lower

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 7
  • Full bathrooms: 3
  • 3/4 bathrooms: 2
  • 1/2 bathrooms: 2
  • Main level bathrooms: 4
  • Main level bedrooms: 5

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Family Room

  • Level: Main

Features

  • Bath Off Primary,Dining Room,Pantry
  • Window features: Dbl Pane/Storm Window
  • Flooring: Ceramic Tile,Hardwood,Carpet
  • Number of fireplaces: 3
  • Fireplace features: Gas,Lower Level: 1,Main Level: 2,Fireplace
  • Fireplace: Yes

Great Room

  • Level: Main

Heating

  • Heating features: Fireplace,Forced Air,Heat Pump,Radiant,Electric,Natural Gas

Interior Area

  • Total structure area: 8,300
  • Total interior livable area: 8,300 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Other

  • Level: Lower

Other

  • Level: Lower

Other

  • Level: Main

Rec Room

  • Level: Lower

Utility Room

  • Level: Lower

Property

Details

  • Parcel number: 961164
  • Special condition: Standard
  • Other equipment: Wired for Generator

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Pool features: In Ground,In-Ground
  • Patio & porch: 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
  • Has spa: Yes
  • Spa features: Indoor

Lot

  • Lot size: 0.85 Acres
  • Features: Paved,Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Hot Tub/Spa

Parking

  • Total spaces: 2
  • Parking features: Attached Garage
  • Has garage: Yes
  • Covered spaces: 2