Residential · Active
Drake, CO 80515
3 Beds · 2 Baths · 2,192 Sq Ft
$475,000
Single Family
Property Type
0.78 acres
Lot Size
1987
Year Built
$217
Price per Sq Ft
3
Parking Spaces
2718203
MLS #
About This Property
ATTENTION INVESTORS - CHECK THIS ONE OUT! Fix it Flip it. ***SOLD AS-IS*** Check out the gallery for Virtual Concepts and Ideas to get those creative juices flowing! *** Set high above the canyon in scenic Drake, this property offers an incredible opportunity to create something truly special. This amazing opportunity also has the possibility of a VA Assumable Loan at 2.5%! Reach out for more details.
Situated on nearly 0.8 acres, the home captures breathtaking mountain views and a setting that feels like you are perched on top of the world. Surrounded by dramatic rock outcroppings, open skies, and the peaceful beauty of the Colorado mountains, this is the kind of property buyers dream about finding. With 2,192 finished square feet, attached 3-car garage, generous outdoor living areas, and a layout designed to take advantage of the views, the potential here is undeniable. The home is ready for updates, making it an ideal opportunity for investors, flippers, or buyers looking to create their own mountain retreat exactly the way they want it.
Renovated homes in the area have supported values into the 700s, giving buyers the chance to add significant value while creating a one-of-a-kind property. Whether you envision a full-time residence, weekend getaway, second home, or vacation rental, this is a rare opportunity to invest in both the property and the incredible lifestyle that comes with it. Located between Loveland and Estes Park, Drake is known for its secluded mountain setting, scenic drives, proximity to the Big Thompson River, and easy access to Rocky Mountain National Park, hiking, fishing, and wildlife viewing. If you are looking for a property with unmatched views, privacy, and upside potential, this home is is ready for its next chapter.
156 days on market
Listed by Grant Dolby & Misty Glover · Dolby Haas · denverseek@gmail.com,720-515-1802
Property Details
| Property Type | Residential |
| Sub Type | Single Family Residence |
| Status | Active |
| Price per Sq Ft | $217 |
| Subdivision | Cedar Springs Estates |
| MLS # | 2718203 |
| Days on Market | 156 |
| Bedrooms | 3 |
| Full Baths | 2 |
| Year Built | 1987 |
| Lot Size (Sq Ft) | 33,977 |
| Acres | 0.78 |
| HOA | No |
| Annual Taxes | $3,117 |
| State | CO |
| County | Larimer |
| Zoning | O |
| Interior Features | Ceiling Fan(s) |
| Heating | Baseboard, Electric, Propane |
| Cooling | None |
| Flooring | Carpet, Laminate |
| Fireplace Features | Free Standing, Gas, Living Room |
| Appliances | Dishwasher, Dryer, Oven, Refrigerator, Washer |
| Garage | Yes |
| Garage Spaces | 3 |
| Parking Features | Driveway |
| Roof | Composition |
| Basement | Finished |
| Lot Features | Corner Lot, Level |
| Architectural Style | Modular |
| Levels | Two |
| Construction | Frame |
| Sewer | Septic Tank |
| Water Source | Well |
| Senior Community | No |
| Special Conditions | None Known |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 6/9/2026 |
Listed for sale Source: REcolorado® #2718203 |
$475,000 $217/sqft |
Based on information submitted to the MLS GRID as of November 12, 2026 at 12:05 PM MST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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