James & Angie Smith

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Listing provided courtesy of COMPASSNWMLSas Distributed by MLSGrid- MLS# NWM2507143MLS Provider

1501 Kokanee LoopCle Elum, WA 98922

Single Family · 9 Beds · 3 Full Baths · 2 Half Baths · 2 Three Quarter Baths · 8,300 Sq. ft. | 0.85 Acres
$6,200,000 Active

1501 Kokanee Loop Overview

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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.

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1501 Kokanee Loop Facts & Features

  • Type Single Family
  • Sq. ft. 8,300
  • Price/Sq.ft. $747
  • Lot 0.85 Acres

Details

General

Association/HOA

  • Association Fee: $800.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Area Maintenance, Road Maintenance, Security

School Information

  • School District: Kittitas

Building Information

  • New Construction: No
  • Year Built: 2024

Location/Region

  • Country: US
  • County Or Parish: Kittitas
  • MLS Area Major: 948 - Upper Kittitas County
  • Subdivision Name: Suncadia

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $20,327.00
  • Tax Year: 2026

General Information

  • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Cash, Conventional
  • Parcel Number: 961164
  • Property Condition: Very Good
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Building Information

  • Building Information: Built On Lot

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 2
  • Bathrooms Three Quarter: 2
  • Bathrooms Total: 7
  • Bedrooms Total: 9
  • Bedrooms Lower: 4
  • Bedrooms Upper: 0

Building Interior

  • Appliances Included: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 8300
  • Building Area Units: Square Feet
  • Calculated Square Footage: 8300
  • Square Footage Finished: 8300
  • Square Footage Unfinished: 0

General Information

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Basement: Finished
  • Cooling: Yes
  • Entry Location: Main
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces Total: 3
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Foundation Details: Slab
  • Heating: Yes
  • 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
  • Levels: One
  • Living Area: 8300
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Power Production Type: Electric,Natural Gas
  • Security Features: Fully Fenced,Security Service,Security System
  • Spa: Yes

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Attached Garage
  • Parking Total: 2

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved
  • Lot Size Acres: 0.85
  • Lot Size Square Feet: 37026
  • Lot Size Units: Square Feet
  • Pool Type: In-Ground
  • Site Features: Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Hot Tub/Spa
  • Elevation Units: Feet
  • Water Source: Community

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Roof: Metal
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 2
  • Exterior Features: Metal/Vinyl
  • Pool Features: In Ground
  • Sewer: Sewer Connected

Room Information

Room: Bathroom Full

  • Level: Lower

Room: Bathroom Half

  • Level: Lower

Room: Bathroom Three Quarter

  • Level: Lower

Room: Bedroom

  • Level: Lower

Room: Bedroom

  • Level: Lower

Room: Bedroom

  • Level: Lower

Room: Bedroom

  • Level: Lower

Room: Extra Fin Room

  • Level: Lower

Room: Rec Room

  • Level: Lower

Room: Utility Room

  • Level: Lower

Room: Bathroom Full

  • Level: Main

Room: Bathroom Full

  • Level: Main

Room: Bathroom Half

  • Level: Main

Room: Bathroom Three Quarter

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Dining Room

  • Level: Main

Room: Entry Hall

  • Level: Main

Room: Family Room

  • Level: Main

Room: Great Room

  • Level: Main

Room: Kitchen With Eating Space

  • Level: Main

Room: Living Room

  • Level: Main

Room: Primary Bedroom

  • Level: Main

1501 Kokanee Loop Neighborhood

Community

98922 (Cle Elum) Demographics

50
Median Age
17
Population Density (per sq. mile)
28%
College Educated
$61,071
Estimated Median Income
2,474
Estimated Total Home Owners
768
Estimated Total Renters
76% / 24%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1501 Kokanee Loop Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1501 Kokanee Loop Market Data

Based on the last 30 days in this zip code

$1,260,131
Average List Price
$537
Average Price per Square Foot
22
Properties Sold
115
Average Days on Market
305
Properties for Sale
Calculations provided by Reliance Network

1501 Kokanee Loop History

Date Event Value Agent
4/20/2026Source: NWMLS Added to Database
April 20, 2026