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Open Tue, Jun 2 +4
Open Sat, Jun 6$6,200,000
Est. $31,448/mo9 bd•1 ba•8,300 sq ft
1501 Kokanee Loop, Cle Elum, WA 98922
• Listed 2026-04-20•12 days on market
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 1, 2026 at 11:14 AM PDT (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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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.
Listed by Ned Hosford • COMPASS
Listing updated: May 20, 2026 at 10:46am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2507143
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (3)
See more →Open Tue, Jun 2 +4Open Sat, Jun 6$37,648 per month
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Cle Elum is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 60 days.
$630,000 Sold
4 months ago
•Single Family
7 Red Sky Way, Cle Elum, WA 98922
7%
Under list
—
Days on market
0.7 mi
Distance
$1,000,000 Sold
5 months ago
3 bd•1.5 ba•~1,871 sq ft•Single Family
41 Panorama Drive, Cle Elum, WA 98922
2%
Under list
—
Days on market
0.1 mi
Distance
$1,300,000 Sold
5 months ago
5 bd•3.5 ba•~2,767 sq ft•Single Family
130 Rinky Dink Lane, Cle Elum, WA 98922
7%
Under list
—
Days on market
0.2 mi
Distance
$1,394,000 Sold
5 months ago
4 bd•3.5 ba•~2,423 sq ft•Single Family
51 Steelhead Court, Cle Elum, WA 98922
7%
Under list
—
Days on market
0.1 mi
Distance
$1,748,800 Sold
6 months ago
5 bd•4 ba•~3,171 sq ft•Single Family
220 Old Grove Trail, Cle Elum, WA 98922
0%
Over list
—
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
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Ask a RexMont agentMarket data via RentCast · Updated Jun 2026
Schools shown are the nearest public Elementary, Middle, and High school for this property. School district boundaries change — verify the assigned school with the district before purchasing.