Drake, CO 80515,387 Lakeview
Drake, CO 80515,387 Lakeview
Drake, CO 80515,387 Lakeview
Drake, CO 80515,387 Lakeview
Drake, CO 80515,387 Lakeview
Drake, CO 80515,387 Lakeview
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$345,000

$545,000

36.7%
Est.Price: ?

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Est. payment /mo

3 Beds

3 Baths

2,206 SqFt


SOLD DATE : 07/08/2025

Key Details

Sold Price $345,000

Property Type Vacant Land

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 2,206 sqft

Subdivision Cedar Pk

MLS Listing ID IRE1022836

Sold Date 07/08/25

Style Chalet

Bedrooms 3

HOA Fees $2/ann

HOA Y/N Yes

Year Built 2017

Annual Tax Amount $1,915

Tax Year 2024

Lot Size 4.890 Acres

Acres 4.89

Property Sub-Type Mixed Use

Source ires

Property Description

Back on the market at no fault of Seller. Rough electric, plumbing, well (5 gals/min), septic system in. Spectacular quality of construction. 4.89A of undulating mountain tops and valleys; 300 degree Cayon view. 30 minutes to Loveland, 40 minutes to FoCo and Longmont, 70 minutes to Denver, 80 minutes to DIA and Cheyenne. Perfect VRBO / AirBnB income property while enjoying Mountain appreciation. Estimate in hand ($180,000) to complete. ARV = $1.15M. Buyer should finish the upper and middle floor first to speed up "completion", then get a Certificate of Occupancy. Finish the lower level at his/her leisure. This home cannot be financed conventionally. Cash only or through a "hard money" lender.

Location

State CO

County Larimer

Community Cedar Pk

Area Estes Park

Zoning E-SFR

Direction Go west on Hwy 34 to Drake, Turn R, go 1/4 mile. Turn R, go 2.1 miles to the T. Turn L then take your first R. Go to the bottom of the hill. Property and sign on your L.

Rooms

Basement Full, Unfinished, Walk-Out Access

Interior

Interior Features Eat-in Kitchen, Cathedral Ceiling(s), Pantry, Walk-In Closet(s), Washer/Dryer Hookup, Kitchen Island, Two Primary Suites, High Ceilings, Split Bedroom Plan

Heating Forced Air

Flooring Wood

Fireplaces Type One

Appliance No Inclusions

Exterior

Fence Partial

Utilities Available Electricity Available, Propane

View Y/N Yes

View Mountain(s), Hills, Plains View

Roof Type Metal

Improvements No

Garage Yes

Building

Lot Description Dry, Wooded, Evergreen Trees, Deciduous Trees, Native Grass, Rolling Lot, Rock Outcropping, House Faces South

Sewer Septic Tank, Septic Field, Septic Vault

Water Well

Architectural Style Chalet

Level or Stories Two

Structure Type Frame,Log

New Construction true

Schools

Elementary Schools Big Thompson

Middle Schools Clark (Walt)

High Schools Thompson R2-J

School District Thompson R2-J

Others

Acceptable Financing Cash, FHA, Seller Points/Buydown

Horse Property Zoning Appropriate for 4+ Horses

Listing Terms Cash, FHA, Seller Points/Buydown

Special Listing Condition Private Owner

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Information and Real Estate Services (IRES)
Listed by Rich Coccaro
Home Smart

Making real estate fun, simple and stress-free!

+1(303) 858-8100

[email protected]

8300 East Maplewood Avenue, Suite 100, Village, CO, 80111

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