$1,750,000
Winter Park, CO 80482
MLS# 16-1169
Status: Closed
6 beds | 6 baths | 6531 sqft
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Property Description
479 Timber Drive provides a unique investment opportunity that combines significant rental income and immediate value appreciation in a unique in-town, premier Mountain Lodge style home high above Winter Park’s town center and a short distance from an array of restaurants, shops and activities. Five minutes from world class skiing and snowboarding at Winter Park Resort, the home, known as “Skytop”
Details
Documents
General Property Description
Total SqFt: 6531
Finished SqFt: 6003
Year Built: 2001
Acres: 0.34
Total Bedrooms: 6
Total Bathrooms: 6
Garage Type: Attached
Garage Stalls: 2
Garage Remarks: Heated & Oversized
Contract Information
Property Subtype: Single Family Residence
Realtor.COM Type: Residential - Single Family
Current Price: $1,750,000
Status: Closed
Begin Date: 2016-07-26
Sold Date: 2018-01-16
Sold Price: $1,750,000
Under Contract Date: 2017-11-04
Percent Ownership: Full
Reservations: Not Applicable
1st Right of Refusal: No
List Price Per SqFt: 308.17
Sold Price Per SqFt: 291.5209
Remarks
Permanent Book Msg: Stunning Mountain Views
Book Msg 2: *** NEW LISTING ***
Description
Furniture: yes
Miscellaneous
Minimum Earnest $: 50000
HOA Transfer Assess.: No
Sales Transfer Tax: Yes
Utilities
Electric: Connected
Natural Gas: Connected
Propane Gas: Unknown
Telephone: Connected
Cable TV: Avail. Not Connected
Location Legal and Taxes
Area: Winter Park Area
House Number: 479
Street Name: Timber
Street Suffix: Drive
County: Grand
State/Province: CO
Postal Code: 80482
Tax Year: 2016
Subdivision: HIDEAWAY VILLAGE SOUTH
Geo Lat: 39.910934
Geo Lon: -105.789185
Property Features
Water Source: Public; Public; Tap Fee Paid
Heating: Hot Water; Natural Gas
Appliances: Dishwasher; Dishwasher; Disposal; Disposal; Microwave; Microwave; Oven; Oven; Range; Range; Refrigerator; Refrigerator; Washer/Dryer; Washer/Dryer
Laundry Features: Dryer Hookup; Washer Hookup
Levels: Multi-Level
Construction: Frame; Rock
Description: Covered Patio; Deck; Eating Space/K; Fireplace; Formal Dining; Garage Door Opn; Gas Logs; Hardwood Floors; Hot Tub; Loft; Trees; Vaulted Ceiling(s); View Mtns; Walk-In Closet(s); Wet Bar
Terms: Cash; Conventional
Supplements
has panoramic views in every direction that are some of the most spectacular in all of Colorado. As a four season property, a short walk from your doorstep is direct access to miles of amazing trails for hikers and mountain bikers to explore. Minutes away is excellent fishing on the headwaters of the Fraser and Colorado Rivers.
"Skytop" generates one of the highest rental incomes per diem in Winter Park, and is popular as a premier rental home throughout the year, not just during the traditional winter ski season. Over the last four years, rental income averaged $100K per year, with the property rented approximately 1/4 of each year. Rentals are booked months (and years) in advance each year, allowing the Owners plenty of flexibility to choose reserved times for personal use.
The home is far more than a high quality Lodge, beautifully furnished, equipped to the hilt, and maintained in move-in condition. With its expansive decks, it is an unparalleled living experience, inside and out, for everyone who spends time in its comfortable and cozy environment with spectacular views from every room. The home was carefully designed and furnished to provide individual private spaces with private suites and baths for families, multi generations, or several families staying together at the same time. There is ample storage for all.
Not limited to single family ownership, Skytop is also ideally suited to a multi-family or corporate purchase
Testimonials 
Listing Office: LIV Sotheby's International DT
Last Updated: August - 22 - 2024
Information deemed reliable but not guaranteed.
