Fraser, CO 80442 838 Wapiti Dr

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Presented By: HomeSmart Realty; mglunk@gmail.com,970-718-2860
  • MLS# 3730741
  • 05/01/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • Full/Half Baths • 4 / 1
  • SQFT • 2,801
  • Garage • 1

Home Details

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.
Presented By: HomeSmart Realty; mglunk@gmail.com,970-718-2860

Interior Features for 838 Wapiti Dr

Bedrooms

Bedroom 3 LevelUpper
Bedroom 4 LevelUpper
Bedroom 5 LevelBasement
Second Bedroom LevelUpper
Total Bedrooms6

Bathrooms

3/4 Baths2
Half Baths1
Total Baths5

Other Interior Features

LivingAreaSourcePlans
Above Grade Finished Area1749
Air Conditioning Y/NYes
BasementPartially Finished, Walk-Out Access, Built-In Radon
Below Grade Finished Area1052
Fireplace FeaturesCirculating, 2+ Fireplaces, Gas, Electric, Living Room, Basement
Fireplace Y/NYes
Heating Y/NYes
Interior AmenitiesOpen Floorplan, Pantry, Walk-In Closet(s)
Window FeaturesWindow Coverings

General for 838 Wapiti Dr

AppliancesDishwasher, Refrigerator, Washer, Dryer, Microwave, Freezer
Attached Garage Yes
CityFraser
Construction MaterialsComposition Siding, Concrete
CoolingCeiling Fan(s)
CountyGrand
DirectionsTurn right off of Highway 40 onto County Road 8. Take right onto Wapiti Drive. Home will be on the right 838B Wapiti Drive.
ElectricElectric
Elementary SchoolFraser Valley
Energy EfficientThermostat
ExclusionsThe Elk Rack above the king bed in the main level ensuite king bedroom.
Full Baths2
Garage Spaces1
Garage Y/NYes
Gas Y/NNatural Gas
HOANo
HeatingForced Air
High SchoolMiddle Park
High School DistrictEast Grand 2
Land Lease Y/NNo
LevelsThree Or More
Living Area UnitsSquare Feet
Lot Size Square Feet5227
Lot Size UnitsSquare Feet
MLS AreaOut of Area
Middle/Junior High SchoolEast Grand
New ConstructionNo
Patio/Porch FeaturesPatio, Deck
Primary Bedroom LevelMain
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeResidential-Detached
Property TypeResidential
RoofComposition
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories3
Subdivision NameGlunk Minor Subdivision
Tax Annual Amount4192.4
Tax Year2024
UtilitiesNatural Gas Available, Electricity Available, Cable Available
Waterfront Y/NNo
Year Built2020
ZoningAA0

Exterior for 838 Wapiti Dr

Building Area Total1749
Covered Spaces1
Exterior AmenitiesGas Grill, Hot Tub Included
Horse Y/NNo
Lot FeaturesGutters, Sloped, Abuts Public Open Space
Lot Size Acres0.12
Lot Size Area5227
Parking FeaturesOversized
Road Surface TypePaved
SpaNo
Water SourceCity Water

Additional Details

Price History

Schools

High School Middle Park High School
Middle School East Grand Middle School
Elementary School Fraser Valley Elementary School

Jon Holsten

Price $1,820,000
MLS#3730741
List Date 05/01/2025
Property Type Single Family
Phone 970.237.2752
Request Tour
Request Info
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