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. 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!
Closed
$1,760,000
838B WAPITI Drive, Fraser, CO 80442
6beds
2,801sqft
Single Family Residence
Built in 2020
5,227.2 Square Feet Lot
$1,759,900 Zestimate®
$628/sqft
$5,790 Estimated rent
What's special
Zillow last checked: 8 hours ago
Listing updated: June 19, 2025 at 11:43am
Listed by:
Michael Glunk 970-718-2860,
HomeSmart
Bought with:
Member Non
NON-MEMBER AGENCY
Source: GCBOR,MLS#: 25-487
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 2
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Primary bedroom
- Level: Main
Primary bedroom
- Level: Upper
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Lower
Bedroom 4
- Level: Lower
Dining room
- Level: Main
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Living room
- Level: Lower
Heating
- Forced Air, Natural Gas, Fireplace(s)
Appliances
- Included: Stove
- Laundry: Main Level
Features
- Ceiling Fan(s), Eat-in Kitchen, Master Bedroom, Master Suite, Walk-In Closet(s)
- Flooring: Hardwood
- Windows: Double Pane Windows
- Basement: Finished
- Has fireplace: Yes
- Fireplace features: Family Room, Living Room
Interior area
- Total structure area: 3,920
- Total interior livable area: 2,801 sqft
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking, Garage Door Opener
- Attached garage spaces: 1
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Deck
- Exterior features: Gas Grill
- Has view: Yes
- View description: River, City, Mountain(s)
- Has water view: Yes
- Water view: River
Lot
- Size: 5,227 sqft
- Features: Public Land, Trees, Near Public Transit, Views
Details
- Parcel number: 158720211019
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete, Frame
Condition
- New construction: No
- Year built: 2020
Utilities & green energy
- Utilities for property: Cable Available, WI-FI
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Fraser
- Subdivision: Fraser
Services availability

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