40 Springview Ln #B102
About This Property
flexibility. An owner's closet and private ski locker make it ideal as a rental unit if desired. The HOA includes landscaping, snow removal, heated sidewalks in the winter, basic cable and internet from Xfinity, and access to the broader Grand Park property. Located 10 minutes from the Winter Park base area for summer and winter fun (or take the free shuttle just steps from your front door), walk into the towns of Fraser or Winter Park for shopping, grocery, restaurants, and the rec center. The detached single car garage with included storage shelf and cabinet, plus bike and ski holders makes it easy to head straight out to the trails while leaving room to keep your car out of the elements. Once done with your outdoor fun, set up your grill to the outdoor gas line and enjoy starry nights in your relaxing hot tub with views of the surrounding mountains.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2026 | Price Decreased |
$929,000
↓ $30K
(3.1%) | |
| Price Decreased | |||
| Apr 7, 2026 | Listed | $959,000 | |
| Listed | |||
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Wake up to the Continental Divide. Walk to everything else.
This isn't just a mountain condo, it's the base camp you've been waiting for. Located steps from the Lift bus stop in Fraser's Elk Creek at Grand Park community, Unit B-102 puts Winter Park skiing, local breweries, trails, and grocery all within easy reach; no car needed on the best days. Inside, vaulted ceilings and floor-to-ceiling windows flood the space with natural light, creating a warm, airy feel that's rare at this price point. The open-concept kitchen anchors the living area with a large island, generous cabinetry, and high-end appliances, perfectly built for apres-ski dinners and lazy Sunday mornings alike. Step outside to one of the largest private patios in the complex. With room for a grill, lounge furniture, and a hot tub, and sweeping views of the Continental Divide as your backdrop, this outdoor space alone sets this unit apart. Practical details matter too: a private garage (rare in this market), dedicated ski locker, and in-unit laundry mean you're set for every season. The flexible third room works perfectly as a bunk room, home office, or gear room - however your mountain life demands it. Offered fully furnished and move-in ready, this unit carries strong short-term rental history. Whether you're here every weekend or building an income-producing asset, the numbers and the lifestyle work together. Your mountain chapter starts here.
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| Jun 1, 2022 | Sold | ||
| Sold | |||
| May 8, 2022 | Listed | $949,000 | |
| Listed | |||
| May 27, 2020 | Listed | $499,100 | |
| Listed | |||
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Reserve your Elk Creek Condo today! This two bedroom, two bath, plus study start at $499,100. Optional garage spaces available for $50,000. These condos are on the bus route and offer convenient location to town and recreation. Private fishing ponds, miles and miles of hiking and biking trails.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/15/2024
|
3 Bed
|
2 Bath
|
1312 ft²
|
$994,000
3 Bed
2 Bath
1312 ft²
|
-
-
|
Amanda Solomon
Real Estate of Winter Park LLC
| |
|
05/08/2022
|
2 Bed
|
1 Bath
|
1286 ft²
|
$949,000
2 Bed
1 Bath
1286 ft²
|
$930,000
-2.00%
06/01/2022
|
Sheila Bailey
Keller Williams Advantage Realty LLC
| |
|
05/08/2022
|
2 Bed
|
2 Bath
|
1286 ft²
|
$949,000
2 Bed
2 Bath
1286 ft²
|
$930,000
-2.00%
06/01/2022
|
Sheila Bailey
Keller Williams Advantage Realty LLC
| |
|
03/03/2022
|
2 Bed
|
2 Bath
|
1312 ft²
|
$899,900
2 Bed
2 Bath
1312 ft²
|
$957,000
+6.35%
04/04/2022
|
Kristen Meyer
RE/MAX Peak to Peak
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017