$1,750,000
Winter Park, CO 80482
MLS# 16-1169
Status: Closed
6 beds | 6 baths | 6531 sqft

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Property Description
479 Timber Drive provides a unique investment opportunity that combines significant rental income and immediate value appreciation in a unique in-town, premier Mountain Lodge style home high above Winter Park’s town center and a short distance from an array of restaurants, shops and activities. Five minutes from world class skiing and snowboarding at Winter Park Resort, the home, known as “Skytop”
Details
Maps
Documents
Contract Information
Book Section: Residential
Realtor.COM Type: Residential - Single Family
Current Price: $1,750,000
Status: Closed
Begin Date: 2016-07-26
Sold Date: 2018-01-16
Sold Price: $1,750,000
Under Contract Date: 2017-11-04
Percent Ownership: Full
Reservations: Not Applicable
1st Right of Refusal: No
List Price Per SqFt: 308.17
Sold Price Per SqFt: 291.5209
Location Legal and Taxes
Area: Winter Park Area
House Number: 479
Street Name: Timber
Street Suffix: Drive
County: Grand
State/Province: CO
Postal Code: 80482
Tax Year: 2016
Subdivision: HIDEAWAY VILLAGE SOUTH
General Property Description
Total SqFt: 6531
Finished SqFt: 6003
Year Built: 2001
Style: Multi-Level
Acres: 0.34
Total Bedrooms: 6
Total Bathrooms: 6
Garage Type: Attached
Garage Stalls: 2
Garage Remarks: Heated & Oversized
Remarks
Permanent Book Msg: Stunning Mountain Views
Book Msg 2: *** NEW LISTING ***
Miscellaneous
Minimum Earnest $: 50000
HOA Transfer Assess.: No
Sales Transfer Tax: Yes
Water Source
Community: n/a
Public: Tap Paid
Well: n/a
Sewer Source
Community: n/a
Public: Tap Paid
Septic: n/a
Utilities
Electric: Connected
Natural Gas: Connected
Propane Gas: Unknown
Telephone: Connected
Cable TV: Avail. Not Connected
Heat: Natural Gas
Type Heat: Hot Water
Inclusions
Dishwasher: yes
Disposal: yes
Furniture: yes
Microwave: yes
Oven: yes
Range: yes
Refrigerator: yes
W/D Hookup: yes
Washer/Dryer: yes
Property Features
Construction: Frame; Rock
Description: Cover Patio; Deck; Eating Space/K; Fireplace; Formal Dining; Garage Door Opn; Gas Logs; Hardwood Floors; Hot Tub; Loft; Trees; Vaulted Ceiling; View Mtns; Walk in Closet; Wet Bar
Terms: Cash; Conventional
Supplements
has panoramic views in every direction that are some of the most spectacular in all of Colorado. As a four season property, a short walk from your doorstep is direct access to miles of amazing trails for hikers and mountain bikers to explore. Minutes away is excellent fishing on the headwaters of the Fraser and Colorado Rivers.
"Skytop" generates one of the highest rental incomes per diem in Winter Park, and is popular as a premier rental home throughout the year, not just during the traditional winter ski season. Over the last four years, rental income averaged $100K per year, with the property rented approximately 1/4 of each year. Rentals are booked months (and years) in advance each year, allowing the Owners plenty of flexibility to choose reserved times for personal use.
The home is far more than a high quality Lodge, beautifully furnished, equipped to the hilt, and maintained in move-in condition. With its expansive decks, it is an unparalleled living experience, inside and out, for everyone who spends time in its comfortable and cozy environment with spectacular views from every room. The home was carefully designed and furnished to provide individual private spaces with private suites and baths for families, multi generations, or several families staying together at the same time. There is ample storage for all.
Not limited to single family ownership, Skytop is also ideally suited to a multi-family or corporate purchase
Listing Office: LIV Sotheby's International DT
Last Updated: August - 22 - 2024
Information deemed reliable but not guaranteed.
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