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$545,000
387 Lakeview Dr, Drake, CO, 80515
3
Beds
3
Baths
2,206
Square Feet
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.
Offered By
Rich Coccaro 8174808818, Keller Williams Realty NoCo
Property Details
Property Type
Farm
Status
Active
Bedrooms
3
Property Sub Type
Farm and Ranch
Square Feet
2,206
MLS #
1022836
Flooring
Wood Floors
LAUNDRY FEATURES
Washer/Dryer Hookups
FIREPLACE FEATURES
Single Fireplace
Heating
Forced Air
Cooling
Central Air
Utility Features
Electricity Available, Propane
SEWER
Septic, Septic Field, Septic Vault
WATER SOURCE
Well, WELL - 5 gals / 850'
Year Built
2017
Builder Name
TJ's, CO's Premier Log Co
Basement
Full, Unfinished, Walk-Out Access
NEW CONSTRUCTION
1
ACCESSIBILITY FEATURES
1
ARCHITECTURAL STYLE
Chalet
Roof
Metal
Fence
Partial
Lot Features
Dry, Cows Allowed, Horses Allowed, Pigs Allowed, Llama Allowed, Goats Allowed, Sheep Allowed, Wooded, Rolling Slope, Rock Outcropping
View
Mountain(s), Foothills View, Plains View
CITY
Drake
SUBDIVISION
CEDAR PK
COUNTY
Larimer
AREA
Estes Park
STATE
CO
SENIOR COMMUNITY
No
HOA
1
TAX AMOUNT
1915.0
HOA FEE
25.0
HOA FREQUENCY
Annually
LATEST UPDATE
2025-06-04T20:35:06.794Z
DAYS ON MARKET
190
PRICE CHANGE(S)
$545,000 Nov 27, 2024
CUMULATIVE DAYS ON MARKET
737
Property Details
Property Type
Farm
Status
Active
Bedrooms
3
Property Sub Type
Farm and Ranch
Square Feet
2,206
MLS #
1022836
New Properties On Market
14
7%
Decrease In New Listings
Average Asking Price
$755,996
$314,836 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$312
$80 Increase In List Price/Sq. Ft.
Average Days On Market
9
20 Day
Decrease In Days On Market
Data as of Jun 10, 2025.
Remaining statistics above are calculated on activity within the period from Apr 01, 2025 to May 31, 2025.
Information deemed reliable but not guaranteed by the MLS.
Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES.
Property data was last updated on 6/4/2025 at 3:54 pm