838B Wapiti Drive

Description

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!