Property Attributes
- MLS#2718203
- TypeSingle Family
- Listing Status Active
- CountyLARIMER
- CityDrake
- NeighborhoodCedar Springs Estates
- Zip80515
- StyleModular
- Year Built1987
- Taxes$ 3117
- Price$ 475,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2192
- Lot Size0.78 Acres
Data Source:
REColorado (MTOMLS)
Property Description
ATTENTION INVESTORS - CHECK THIS ONE OUT! Fix it Flip it. ***SOLD AS-IS*** Set high above the canyon in scenic Drake, this property offers an incredible opportunity to create something truly special. This amazing opportunity also has the possibility of a VA Assumable Loan at 2.5%! Reach out for more details. Situated on nearly 0.8 acres, the home captures breathtaking mountain views and a setting that feels like you are perched on top of the world. Surrounded by dramatic rock outcroppings, open skies, and the peaceful beauty of the Colorado mountains, this is the kind of property buyers dream about finding. With 2,192 finished square feet, attached 3-car garage, generous outdoor living areas, and a layout designed to take advantage of the views, the potential here is undeniable. The home is ready for updates, making it an ideal opportunity for investors, flippers, or buyers looking to create their own mountain retreat exactly the way they want it. Renovated homes in the area have supported values into the 700s, giving buyers the chance to add significant value while creating a one-of-a-kind property. Whether you envision a full-time residence, weekend getaway, second home, or vacation rental, this is a rare opportunity to invest in both the property and the incredible lifestyle that comes with it. Located between Loveland and Estes Park, Drake is known for its secluded mountain setting, scenic drives, proximity to the Big Thompson River, and easy access to Rocky Mountain National Park, hiking, fishing, and wildlife viewing. If you are looking for a property with unmatched views, privacy, and upside potential, this home is is ready for its next chapter.
| Elementary School | Middle School | High School |
|---|---|---|
| Big Thompson Elementary School | Walt Clark Middle School | Thompson Valley High School |
| Price History | |
|---|---|
| 6/10/2026 | Listed $475,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Heating | Baseboard,Electric,Propane |
| Cooling | None |
| Utilities | Electricity Connected,Propane |
| Possession | Negotiable,Seller Rent Back |
| Roof | Composition |
| Appliances | Dishwasher,Dryer,Oven,Refrigerator,Washer |
| Zoning | O |
| Garage Spaces | 3 |
| Patio/Porch Features | Deck |
| Architectural Style | Modular |
| Construction Materials | Frame |
| Exclusions | Seller's Personal Property |
| Year Built | 1987 |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Individual |
| County | Larimer |
| Property Type | Residential |
| HOA | No |
| Attached Garage | Yes |
| Subdivision Name | Cedar Springs Estates |
| Full Baths | 2 |
| Status | Active |
| Directions | There is no cell service in the canyon,so turn on GPS before you head up. From Hwy 34,turn onto County Rd 43,turn right on Storm Mountain Drive,follow up the mountain and turn right on Palisade Mount |
| High School | Thompson Valley |
| City | Drake |
| Senior Community Y/N | No |
| High School District | Thompson R2-J |
| Number Of Units Total | 1 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 33976.8 |
| Listing Terms | 1031 Exchange,Cash,Conventional,FHA,Qualified Assumption,VA Loan |
| Elementary School | Big Thompson |
| Tax Annual Amount | 3117 |
| Middle/Junior High School | Walt Clark |
| Property Condition | Fixer |
| Virtual Tour | https://759palisademountaindr.2seeit.com/ |
| Structure Type | House |
| Standard Status | Active |
| Occupancy Type | Owner |
| Elementary School District | Thompson R2-J |
Interior Features
| Interior Amenities | Ceiling Fan(s) |
|---|---|
| Basement | Finished |
| Flooring | Carpet,Laminate |
| Fireplace Features | Free Standing,Gas,Living Room |
| Basement (Y/N) | Yes |
| Above Grade Finished Area | 1680 |
| Total Bedrooms | 3 |
| Below Grade Finished Area | 512 |
| Main Level Bedrooms | 2 |
| Main Level Bathrooms | 1 |
| Total Baths | 2 |
Exterior Features
| Fencing | Full |
|---|---|
| Parking Features | Unpaved |
| Lot Features | Corner Lot,Level |
| Water Source | Well |
| Total Parking | 3 |
| Lot Size Area | 0.78 |
| Foundation Details | Slab |
| Building Area Total | 2192 |
| Lot Size Acres | 0.78 |
| Road Surface Type | Dirt |
| Road Frontage Type | Public |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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The real estate listing information and related content displayed on this site 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. This information and related content is deemed reliable but is not guaranteed accurate by elevateMLS.