$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
MLS Listing ID IRE8779386
Sold Date 12/12/25
Style Cottage
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1969
Annual Tax Amount $3,058
Tax Year 2024
Lot Size 0.390 Acres
Acres 0.39
Property Sub-Type Single Family Residence
Source ires
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
Area Estes Park
Direction Near the intersection of Hwy 34 and 43 in Drake, take River Fork Road (opposite the Bed and Breakfast River Fork Inn) to the property on the left.
Interior
Interior Features Eat-in Kitchen, Open Floorplan, Pantry, Walk-In Closet(s), Kitchen Island
Heating Forced Air, Wood Stove, Electronic Air Filter
Cooling Ceiling Fan(s)
Fireplaces Type Insert, Living Room
Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave
Exterior
Garage Spaces 2.0
Utilities Available Electricity Available, Propane, Cable Available
View Y/N No
Roof Type Composition
Porch Deck
Garage Yes
Building
Lot Description Wooded, Deciduous Trees, Paved
Sewer Public Sewer
Water Well
Architectural Style Cottage
Level or Stories One
Structure Type Log,Wood Siding
New Construction false
Schools
Elementary Schools Estes Park
Middle Schools Estes Park
High Schools Estes Park District
School District Estes Park District
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Other Owner
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