838 Wapiti Dr
Fraser, CO 80442
- 6 beds
- 5 baths
- 2,801 sqft
- 5,227 sqft lot
- $649 per sqft
- 2020 build
- – on site
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.
Last checked:
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Last updated May 4, 2025
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MLS# 3730741 —
The Building
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Year Built:2020
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New Construction:false
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Construction Materials:Composition Siding
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Total SqFt:2,801 Sqft
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Building Area Total:1749
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Roof:Composition
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Levels:Three Or More
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Basement:Partially Finished
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Stories:3
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Window Features:Window Coverings
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Patio And Porch Features:Patio
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Green Energy Efficient:Thermostat
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Above Grade Finished Area:1749
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Below Grade Finished Area:1052
Interior
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Interior Features:Open Floorplan
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Fireplace:true
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Fireplace Features:Circulating
Room Dimensions
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Living Area:2801
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Living Area Units:Square Feet
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Living Area Source:Plans
Financial & Terms
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Listing Terms:Cash
Location
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Directions:Turn right off of Highway 40 onto County Road 8. Take right onto Wapiti Drive. Home will be on the right 838B Wapiti Drive.
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Coordinates:-105.810799, 39.950165
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Latitude:39.950165
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Longitude:-105.810799
The Property
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Property Type:Residential
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Property Subtype:Residential-Detached
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Lot Features:Gutters
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Lot Size Acres:0.12
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Lot Size SqFt:5,227 Sqft
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Lot Size Area:5227
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Lot Size Units:Square Feet
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Zoning:AA0
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Exclusions:The Elk Rack above the king bed in the main level ensuite king bedroom.
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Horse:false
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Exterior Features:Gas Grill
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Waterfront:false
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Road Surface Type:Paved
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Has Water Rights:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:$4,192.40
Beds
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Bedrooms Total:6
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Bedroom Level:Basement
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Bedroom 2 Level:Upper
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Bedroom 3 Level:Upper
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Bedroom 4 Level:Upper
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Bedroom 5 Level:Basement
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Master Bedroom Level:Main
Baths
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Total Baths:5
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Three Quarter Baths:2
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Full Baths:2
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Half Baths:1
The Listing
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Special Listing Conditions:Other Owner
Heating & Cooling
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Heating:Forced Air
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Heating:true
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Cooling:Ceiling Fan(s)
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Cooling:true
Utilities
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Utilities:Natural Gas Available
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Gas:Natural Gas
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Electric:Electric
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Sewer:City Sewer
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Water Source:City Water
Appliances
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Appliances:Dishwasher
Schools
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Elementary School:Fraser Valley
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Middle School:East Grand
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High School:Middle Park
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High School District:East Grand 2
The Community
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Association:false
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Subdivision Name:Glunk Minor Subdivision
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Spa:false
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Senior Community:false
Parking
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Parking Features:Oversized
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Garage Spaces:1
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Garage:true
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Garage Type:Attached
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Attached Garage:true
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Covered Spaces:1
Monthly cost estimate
Asking price
$1,820,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$9,745
|
| Taxes | $349 |
| Insurance | $500 |
| Utilities | $155 See report |
| Total | $10,749/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/1/25
May 1, 2025
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Listed / Active | IRES | $1,820,000 |
