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.
Active
Listed by: COMPASS
$6,200,000
1501 Kokanee Loop, Cle Elum, WA 98922
9beds
8,300sqft
Single Family Residence
Built in 2024
0.85 Acres Lot
$-- Zestimate®
$747/sqft
$800/mo HOA
What's special
Luxury finishes throughoutOutdoor kitchenJust under an acreMultiple bbqsHeated poolBuilt-in arcadeMovie theatre
- 72 days |
- 641 |
- 19 |
Zillow last checked:
Listing updated:
Listed by:
Ned Hosford,
COMPASS,
Bob Bennion,
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2507143
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Facts & features
Interior
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
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom three quarter
- Level: Main
Other
- Level: Lower
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Heating
- Fireplace, Forced Air, Heat Pump, Radiant, Electric, Natural Gas
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
Features
- Bath Off Primary, Dining Room, Pantry
- Flooring: Ceramic Tile, Hardwood, Carpet
- Windows: Dbl Pane/Storm Window
- Basement: Finished
- Number of fireplaces: 3
- Fireplace features: Gas, Lower Level: 1, Main Level: 2, Fireplace
Interior area
- Total structure area: 8,300
- Total interior livable area: 8,300 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- 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
- Pool features: In Ground, In-Ground
- Has spa: Yes
- Spa features: Indoor
Lot
- Size: 0.85 Acres
- Features: Paved, Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Hot Tub/Spa
Details
- Parcel number: 961164
- Special conditions: Standard
- Other equipment: Wired for Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story w/Bsmnt.
- Property subtype: Single Family Residence
Materials
- Metal/Vinyl
- Foundation: Slab
- Roof: Metal
Condition
- Very Good
- Year built: 2024
- Major remodel year: 2024
Utilities & green energy
- Sewer: Sewer Connected
- Water: Community
Community & HOA
Community
- Security: Security Service, Security System
- Subdivision: Suncadia
HOA
- Services included: Common Area Maintenance, Road Maintenance, Security
- HOA fee: $800 monthly
Location
- Region: Cle Elum
Financial & listing details
- Price per square foot: $747/sqft
- Tax assessed value: $3,398,420
- Annual tax amount: $20,327
- Date on market: 4/20/2026
- Cumulative days on market: 73 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Total actual rent: 2900
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Listed for sale | $6,200,000+1205.3%$747/sqft |
Source:  NWMLS as distributed by MLS GRID #2507143 Report a problem | ||
| 11/13/2020 | Sold | $475,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $20,410 +44.8% | $3,398,420 +35.1% |
| 2023 | $14,091 +544.7% | $2,516,360 +629.8% |
| 2022 | $2,186 0% | $344,800 +99.9% |
| 2021 | $2,186 | $172,450 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 98922
Nearby schools
GreatSchools rating
- 8/10Cle Elum Roslyn Elementary SchoolGrades: PK-5Distance: 2.5 mi
- 7/10Walter Strom Middle SchoolGrades: 6-8Distance: 2.6 mi
- 6/10Cle Elum Roslyn High SchoolGrades: 9-12Distance: 2.5 mi
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- Washington
- Kittitas County
- Cle Elum
- 98922
- 1501 Kokanee Loop
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