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!

Listing Tools

Listed by Michael Glunk of HomeSmart

Property Details of 838b Wapiti Drive

Property Details

Interior Features

Exterior Features

Community

Map Location

Driving Directions

 Based on information submitted to the Grand County BoR MLS as of May 21, 2025 7:46 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Real Estate of Winter Park. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Reach Out To A Real Estate Of Winter Park Agent

Do not fill in this field:

I agree to receive marketing and customer service calls and text messages from Real Estate of Winter Park. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.