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Justin Morgan

justin@gratitudehomesgroup.com +1(720) 893-2278

$475,000

Est. payment - /mo

3 Beds

2 Baths

2,192 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,192 sqft

Price per Sqft $216

Subdivision Cedar Springs Estates

MLS Listing ID 2718203

Style Modular

Bedrooms 3

Full Baths 2

HOA Y/N No

Abv Grd Liv Area 1,680

Year Built 1987

Annual Tax Amount $3,117

Tax Year 2025

Lot Size 0.780 Acres

Acres 0.78

Property Sub-Type Single Family Residence

Source recolorado

Property Description

ATTENTION INVESTORS - CHECK THIS ONE OUT! Fix it Flip it. ***SOLD AS-IS*** 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.

Location

State CO

County Larimer

Zoning O

Rooms

Basement Finished

Main Level Bedrooms 2

Interior

Interior Features Ceiling Fan(s)

Heating Baseboard, Electric, Propane

Cooling None

Flooring Carpet, Laminate

Fireplaces Type Free Standing, Gas, Living Room

Fireplace N

Appliance Dishwasher, Dryer, Oven, Refrigerator, Washer

Exterior

Parking Features Unpaved

Garage Spaces 3.0

Fence Full

Utilities Available Electricity Connected, Propane

Roof Type Composition

Total Parking Spaces 3

Garage Yes

Building

Lot Description Corner Lot, Level

Foundation Slab

Sewer Septic Tank

Water Well

Level or Stories Two

Structure Type Frame

Schools

Elementary Schools Big Thompson

Middle Schools Walt Clark

High Schools Thompson Valley

School District Thompson R2-J

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Qualified Assumption, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Qualified Assumption, VA Loan

Special Listing Condition None

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Listed by Dolby Haas

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Justin Morgan

+1(720) 893-2278

Agent

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759 Palisade Mountain DR Drake, CO 80515

Justin Morgan

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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759 Palisade Mountain DR