$625,000
$650,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
1,178 SqFt
SOLD DATE : 12/12/2025
Key Details
Sold Price $625,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,178 sqft
Price per Sqft $530
MLS Listing ID IR1043801
Sold Date 12/12/25
Style Cottage
Bedrooms 2
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,178
Year Built 1969
Annual Tax Amount $3,058
Tax Year 2024
Lot Size 0.389 Acres
Acres 0.39
Property Sub-Type Single Family Residence
Source recolorado
Property Description
Incredible Investment Opportunity in Drake, CO! This 2-bedroom, 1-bath cabin with a 2-car garage sits right above the Big Thompson River - the ultimate Colorado mountain escape. Even better, it generated $99,000 in gross rental income over the past 12 months with a transferable Larimer County VH permit! Guests love the large deck overlooking the river, complete with a private hot tub for soaking under the Colorado stars. With no HOA, you can self-manage to maximize profits. Wildlife is a daily treat, with elk, deer, and more often passing through, situated half way between Loveland and Estes Park. Rocky Mountain National Park, and downtown shops and dining are just minutes away. Inside, the cabin offers cozy charm with everything needed for unforgettable stays. The rare 2-car garage provides extra storage for vehicles, gear, or owner use. Whether you're looking for a high-performing short-term rental or a riverfront retreat that pays for itself, this one is not to be missed!
Location
State CO
County Larimer
Zoning O
Rooms
Basement None
Main Level Bedrooms 2
Interior
Interior Features Eat-in Kitchen, Kitchen Island, No Stairs, Open Floorplan, Pantry, Walk-In Closet(s)
Heating Forced Air, Propane, Wood Stove
Cooling Ceiling Fan(s)
Fireplaces Type Insert, Living Room
Equipment Satellite Dish
Fireplace N
Appliance Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Laundry In Unit
Exterior
Parking Features Oversized
Garage Spaces 2.0
Utilities Available Electricity Available, Internet Access (Wired)
View Mountain(s)
Roof Type Composition
Total Parking Spaces 2
Building
Lot Description Borders National Forest, Rock Outcropping, Rolling Slope
Sewer Septic Tank
Water Well
Level or Stories One
Structure Type Log,Frame,Wood Siding
Schools
Elementary Schools Estes Park
Middle Schools Estes Park
High Schools Estes Park
School District Estes Park R-3
Others
Ownership Agent Owner
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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