$1,820,000
Pending

838B Wapiti Drive

Fraser, CO 80442
2801 sqft | 6 beds | 4 baths | 0.12 acres | #3730741
Listing OfficeHomeSmart Realty
Browse 25 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Exclusive Mountain Retreat with Proven Rental Income!
Looking for a mountain home, but uncertain about covering the monthly payment? Then look no further. This turnkey cash flowing 6 Bed / 4.5 Bath home (sleeps 15!), is proven to produce $135,000+ gross annually!!
Want your own space plus rental income? 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. What truly differentiates this home from anything else on the market is the number of bedrooms/sleeping capacity for this price point + the legal duplex designation for a lock-off. There is nothing comparable on the market. It’s these unique features that make the difference in affording a valuable asset like this in the mountains.
Unlike the majority of other homes you are looking at, 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 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!
Key features include:
· Fully furnished with high-end finishes, modern amenities, and spacious living areas
· 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
· Panoramic mountain views from every room
· Garage wired for EV Charging (220v)
· No HOA
*Cashflow analysis in supplements section.

  • Property Details
      • InteriorCeiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Open Floorplan, Pantry, Primary Suite, Rad
      • Utility FeaturesCable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
      • Exterior MaterialsBarbecue, Gas Grill, Heated Gutters, Lighting, Rain Gutters, Spa/Hot Tub
      • Lot DescriptionBorders Public Land, Near Public Transit, Near Ski Area, Sloped
      • BasementFinished, Walk-Out Access
      • SubdivisionGlunk Minor Subdivision
      • Property SubtypeSingle Family Residence
      • Elementary SchoolFraser Valley
      • Sewer InformationPublic Sewer
      • School DistrictEast Grand 2
      • High SchoolMiddle Park
      • Middle SchoolEast Grand
      • Original List Price$1,820,000
      • Property TypePurchase
      • MLS #3730741
      • Cost1820000
      • MLS #3730741
      • Utility SourcePublic
      • Taxes Annual$4,192
      • CountyGrand
      • Structure TypeHouse
      • Acres0.12
      • Square Feet2801
      • Year Built2020
      • Fireplaces2
      • Bedrooms6
      • Bathrooms4
      • Full Baths2
      • Half Baths1
      • 3/4 Baths2
      • Parking Spaces1

Location

Adrienne Wilson | Winterwood Real EstateReal Estate Group
OR

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