838B WAPITI Drive, Fraser, CO 80442 (MLS# 25-487)


$1,760,000
838B WAPITI Drive
Fraser, CO 80442
MLS# 25-487
Status: Closed
6 beds  |  5 baths  |  3920 sqft


Byers Peak Views from multiple locations.
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Byers Peak Views from multiple locations. Modern Living Room with Gas Fireplace + Amazing Views! 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 Home Sleeps 15+ Home Sleeps 15+ 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442 838B WAPITI Drive, Fraser, CO 80442

Property Description
Exclusive mountain retreat with unmatched rental income. This is the only property in the area at this price point that can cashflow at today's standard rates and terms. This remarkable investment property has unparalleled rental history located minutes from the Winter Park Ski Resort. This exquisite 6 bedroom/4.5 bath home, is designed to sleep up to 15 people and has served as both a cherished family ski house and a lucrative rental property, showcasing consistent gross earnings of over $135,000 annually. Whether intended as a family retreat or a high-performing rental property, this property offers exceptional versatility (can be easily locked off as a duplex) and appeal due to its prime location with views of Byers Peak and the Fraser River Valley.

Details
Maps
Documents
Contract Information
Book Section: Residential
Realtor.COM Type: Residential - Single Family
Current Price: $1,760,000
Status: Closed
Begin Date: 2025-05-01
Sold Date: 2025-06-10
Sold Price: $1,760,000
Under Contract Date: 2025-05-27
Percent Ownership: Full
Reservations: Not Applicable
1st Right of Refusal: No
List Price Per SqFt: 649.77
Sold Price Per SqFt: 628.35
Location Legal and Taxes
Area: Winter Park Area
House Number: 838B
Street Name: WAPITI
Street Suffix: Drive
County: Grand
State/Province: CO
Postal Code: 80442
Tax Year: 2024
Subdivision: FRASER
General Property Description
Lower SqFt: 1052
Main SqFt: 1052
Total SqFt: 3920
Upper SqFt: 697
Finished SqFt: 2801
Year Built: 2020
Year Built Remarks: Completed in 2020
Style: Three Story
Acres: 0.12
Total Bedrooms: 6
Total Bathrooms: 5
Total Full Baths: 2
Total Half Baths: 1
Total 3/4 Baths: 2
Garage Type: Attached
Garage Stalls: 1
Garage Remarks: Insulated + 220v
Miscellaneous
Income Production: Rental
Minimum Earnest $: 40000
HOA Transfer Assess.: No
Sales Transfer Tax: No
Earnest Check To: Land Title
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: Avail. Not Connected
Telephone: Avail. Not Connected
Cable TV: Avail. Not Connected
Heat: Natural Gas
Type Heat: Forced Air
Bathrooms
Upper Bathroom: Full
Upper Bathroom 2: Three Quarter
Main Bathroom: Three Quarter
Main Bathroom 2: Half
Lower Bathroom: Full
Inclusions
Dishwasher: yes
Disposal: no
Furniture: yes
Microwave: yes
Oven: yes
Range: yes
Refrigerator: yes
W/D Hookup: yes
Washer/Dryer: yes
Basement
Basement Type: Walk-out
Schools
Elementary School: Fraser
High School: Middle Park
Jr High School: East Grand
Possible Usage
Lease Term: Both Short & Long
Property Features
Property Condition: Not Applicable
Access Road Maintain: County
Utilities: WI-FI
Basement: Basement Finished
Construction: Concrete; Frame
Amenities: Game Room; Hot Tub; Laundry
Description: Addl Parking; Agent Owned; Cable Available; Ceiling Fan; Deck; Double Pane Wind; Eating Space/K; Fireplace; Garage Door Opn; Gas Grill; Hardwood Floors; Hot Tub; Laundry Main Fl; Master Bedroom; Master Suite; No Covenants; Public Land; River View; Smoke Alarm; Stove; Trees; Updated; View City; View Mtns; Walk in Closet
Lot Features: Near Public Transit; Views
Terms: Cash; Conventional; FHA; VA Loan
Possible Usage: Residential; Duplex
Supplements
Key features include: · Fully furnished with thoughtfully designed interiors featuring high-end finishes, modern amenities, and spacious living areas perfect for entertaining. · Two living room areas, with a lower-level entertainment area, gaming space, walk-out deck, and hot tub. · 2 primary suites (main and upper levels). · Situated within 20 yards of the Black Line bus stop, offering easy access to the ski slopes and local attractions. · Panoramic mountain views from every room, creating an unforgettable setting for guests and family to relax. · Designed for versatility, this home offers the unique advantage of being legally zoned and easily convertible into a duplex (upper unit 4 bed/3.5 bath, lower unit 2 bed/1 bath). Rent both or live in one unit and reduce your mortgage with income from the second unit. · Transferable Short-Term Rental (STR) accounts on Airbnb and VRBO, ensuring a seamless transition for the new owner. · Garage wired for Electric Vehicle Charging (220v). · No Homeowners Association (HOA). · Two furnaces supporting both upper and lower levels. This exceptional property is a rare blend of luxurious living and practical investment opportunity. As is, renting this property as a large single-family home, this property would cashflow on average ~$1,000+ per month (7% interest + 25% down). Whether you're an investor looking for a lucrative rental income property or a family seeking the perfect ski or recreational retreat, this home is designed to meet all your needs. Don't miss out on the chance to own this unique gem - your mountain adventure awaits!
Room Information
Room Name Level
Master BedroomMain
LaundryMain
KitchenMain
Living RoomMain
Dining RoomMain
Bedroom 1Upper
Master BedroomUpper
Bedroom 2Upper
Bedroom 3Lower
Bedroom 4Lower
Living RoomLower

Listing Office: HomeSmart

Last Updated: June - 10 - 2025

838B WAPITI Drive, Fraser, CO 80442 - MLS# 25-487

Information deemed reliable but not guaranteed.