NOT LISTED FOR SALE

838B Wapiti Dr Fraser, CO 80442

Estimated Value: $1,737,511 - $1,845,000

6 Beds
4.5 Baths
2,801 Sq Ft
$635/Sq Ft Est. Value

Last Sold June 10, 2025

Last sale price $1,760,000 $628 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $9,673/month

26 Days on Market

Highlights

  • Ski Accessible
  • Primary Bedroom Suite
  • Deck
  • Spa
  • Open Floorplan
  • Property is near public transit

About This Home

As of June 2025

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.

Last Agent to Sell the Property

Michael Glunk

HomeSmart Realty Brokerage Email: mglunk@gmail.com,970-718-2860 License #100085376 Listed on: 05/01/2025

HomeSmart Realty

Last Buyer's Agent

Karen Hoover

Resident Realty South Metro License #100035634

Resident Realty South Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,192

Year Built

  • Built in 2020

Lot Details

  • 5,227 Sq Ft Lot
  • Sloped Lot
  • Property is zoned AA0

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Insulated Garage
  • Lighted Parking
  • Dry Walled Garage
  • Exterior Access Door
  • Driveway

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Block And Stucco Construction
  • Radon Mitigation System

Interior Spaces

  • 3-Story Property
  • Open Floorplan
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Circulating Fireplace
  • Electric Fireplace
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Fireplace in Basement
  • 2 Bedrooms in Basement

Home Security

  • Smart Thermostat
  • Outdoor Smart Camera
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Deck
  • Wrap Around Porch
  • Exterior Lighting
  • Outdoor Gas Grill
  • Heated Rain Gutters
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Heating System
  • 220 Volts
  • 220 Volts in Garage
  • 110 Volts
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Smoke Free Home
  • Property is near public transit

Listing and Financial Details

  • Exclusions: The Elk Rack above the king bed in the main level ensuite king bedroom.
  • Assessor Parcel Number R310573

Community Details

Overview

  • No Home Owners Association
  • Glunk Minor Subdivision
  • Property is near a preserve or public land

Recreation

  • Ski Accessible

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,192

Year Built

Built in 2020

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: Three Or More
  • Year Built: 2020
  • Above Grade Finished Sq Ft: 1749
  • Exclusions: The Elk Rack above the king bed in the main level ensuite king bedroom.
  • Living Area: 2801
  • 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.
  • SubdivisionName: Glunk Minor Subdivision
  • Ownership: Agent Owner
  • Property Attached Yn: No
  • REC_BasementLevelBedrooms: 2
  • REC_ExpectedActiveDate: 2025-05-01
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 3
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.96703
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Gas Water Heater, Microwave, Oven, Range, Range Hood, Refrigerator, Washer
  • Fireplaces: 2
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, Open Floorplan, Pantry, Primary Suite, Radon Mitigation System, Smart Thermostat, Smoke Free, Hot Tub, Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile, Wood
  • Fireplace Features: Basement, Circulating, Electric, Gas, Living Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Walk-Out Access
  • Basement: Yes
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 1052
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Window Features: Window Coverings

Exterior Features

  • Roof: Composition
  • Construction Materials: Cement Siding, Concrete
  • Exterior Features: Barbecue, Gas Grill, Heated Gutters, Lighting, Rain Gutters, Spa/Hot Tub
  • Patio and Porch Features: Covered, Deck, Front Porch, Wrap Around
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: 220 Volts, Asphalt, Dry Walled, Exterior Access Door, Finished Garage, Insulated Garage, Lighted, Oversized, Storage
  • Attached Garage: Yes
  • Garage Spaces: 1
  • Total Parking Spaces: 5

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Forced Air
  • Water Source: Public
  • Electric: 110V, 220 Volts
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smart Cameras, Smoke Detector(s)

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: East Grand

Lot Info

  • Parcel Number: R310573
  • Lot Size Acres: 0.12
  • Building Area Total: 2801
  • Lot Features: Borders Public Land, Near Public Transit, Near Ski Area, Sloped
  • Lot Size Sq Ft: 5227.2

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4192.4

MLS Schools

  • Elementary School: Fraser Valley
  • High School: Middle Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2025
Closed on
Jun 10, 2025
Sold by
838B Wapiti Drive Llc
Bought by
Dgeb Management Llc
Seller's Agent
Michael Glunk
HomeSmart Realty
Buyer's Agent
Karen Hoover
Resident Realty South Metro
List Price
$1,820,000
Sold Price
$1,760,000
Premium/Discount to List
-$60,000
-3.3%
Views
15
Current Estimated Value
$1,779,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,628
Avg. Annual Appreciation
2.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dgeb Management Llc $1,760,000 Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2025 06/10/25 Sold $1,760,000 -3.3% $628 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $1,820,000 -- $650 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,192 $70,120 $7,020 $63,100
2023 $4,192 $70,120 $7,020 $63,100
2022 $2,838 $44,120 $5,340 $38,780
2021 $2,857 $45,400 $5,500 $39,900
2020 $420 $7,280 $3,310 $3,970
2019 $754 $13,410 $13,410 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3730741

REcolorado®

APN: R310573