838 Wapiti Dr new Save Request In-Person Tour Request Virtual Tour
Fraser,CO 80442
Key Details
Property Type Single Family Home
Sub Type Residential-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,801 sqft
Price per Sqft $649
Subdivision Glunk Minor Subdivision
MLS Listing ID 3730741
Bedrooms 6
Full Baths 2
Half Baths 1
Three Quarter Bath 2
Year Built 2020
Annual Tax Amount $4,192
Lot Size 5,227 Sqft
Property Sub-Type Residential-Detached
Property 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!), and already has everything in place 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.
Location
State CO
County Grand
Area Out Of Area
Zoning AA0
Interior
Heating Forced Air
Cooling Ceiling Fan(s)
Fireplaces Type Circulating,2+ Fireplaces,Gas,Electric,Living Room,Basement
Exterior
Exterior Feature Gas Grill,Hot Tub Included
Parking Features Oversized
Garage Spaces 1.0
Utilities Available Natural Gas Available,Electricity Available,Cable Available
Roof Type Composition
Building
Lot Description Gutters,Sloped,Abuts Public Open Space
Story 3
Sewer City Sewer,Public Sewer
Water City Water
Structure Type Composition Siding,Concrete
New Construction false
Schools
Elementary Schools Fraser Valley
Middle Schools East Grand
High Schools Middle Park
School District East Grand 2
Others
Special Listing Condition Other Owner