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Home » Real Estate » CO » Erie » 80516 » 702 Drake Ave, Erie, CO, 80516
$925,000

702 Drake Ave, Erie, CO, 80516

5 Beds
4 Baths
4,293 Square Feet
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Imagine living is this amazing two-story home in the sought-after Compass neighborhood. It's situated on a prime corner lot, backing to open space-and right across the street is a large field destined to become a future park. The home features a main floor bedroom and an upper level bedroom with an ensuite bathroom! The backyard is landscaped with drought-resistant dog-tough turf, so it never needs watering and stands up to active pets. Inside, you'll find a tandem 3-car garage, giving you space for extra storage or multiple vehicles. There's also a full, unfinished basement, ready for your own custom touches or extra room down the road. On the practical side, this home is built for longevity and ease. It features a new Class 4 roof with a 50-year warranty, and a highly efficient solar panel system to help lower utility costs and simplify upkeep. In short - durable, smartly designed, and ready for you.
Offered By
Randy Trahan 3037733399, Kentwood Real Estate Boulder Valley

Property Details

Property Type Residential
Status Active
Bedrooms 5
Bathrooms (Full) 4
Property Sub Type Residential-Detached
Square Feet 4,293
MLS # 1045741

Market Trends

New Properties On Market
78
105% Increase In New Listings
Average Asking Price
$808,395
$54,890 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$244
$17 Decrease In List Price/Sq. Ft.
Average Days On Market
29
26 Day Decrease In Days On Market
Data as of Oct 27, 2025. Remaining statistics above are calculated on activity within the period from Aug 01, 2025 to Sep 30, 2025.

Mortgage Calculator
The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.

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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 10/25/2025 at 5:01 am