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838B Wapiti Dr, Fraser, CO 80442
838B Wapiti Dr, Fraser, CO 80442
Sold for $1,760,000
838B Wapiti Dr, Fraser, CO 80442
Sold for $1,760,000
838B Wapiti Dr, Fraser, CO 80442
838B Wapiti Dr, Fraser, CO 80442
838B Wapiti Dr, Fraser, CO 80442
838B Wapiti Dr, Fraser, CO 80442

838B Wapiti Dr Fraser, CO 80442

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$1,760,000

CLOSED
Beds
6
Baths
5
Sqft
2,801
Acres
0.12
Year
2020
Close Date
Jun 10, 2025
Property Type
Residential
Sub Type
Single Family Residence
Per Square Foot
$628
Date Listed
May 1, 2025

Description of 838B Wapiti Dr, Fraser, CO 80442

Listing details for 838B Wapiti Dr, Fraser, CO 80442 : 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.
Listing Updated : 06-11-2026 at 5:04 AM MDT
Listing Provided By

Michael Glunk, 303-858-8100, HomeSmart Realty

Properties displayed may be listed or sold by various participants in the MLS

Source

recolorado as distributed by MLS GRID, MLS#: REC3730741

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Property History

DateEventPrice
6/10/2025
Sold
$1,760,000 -3.3%
$628/sqft
Source:recolorado #REC3730741
5/1/2025
Listed for sale
$1,820,000
$650/sqft
Source:recolorado #REC3730741

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Based on information submitted to the MLS GRID as of 2026-06-11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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