387 Lakeview Drive Drake, CO $ 545,000
387 Lakeview Drive
$ 545,000
New Construction
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387 Lakeview Drive

Drake, CO, 80515
$ 545,000
Bedrooms3 Baths3.0 Sq 2,209

Monthly Estimate*

$ 3,264

Listed by Keller Williams Realty NoCo
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Single Family Home for sale in Drake, CO

for $545,000 with 3 bedrooms and 3 full baths. This 2,209 square foot home was built in 2015 on a lot size of 4.88.

Hand cut and assembled by Log Artisans. Rough electric, plumbing, well (5 gals/min), septic system in. Spectacular quality of construction. 4.89A of undulating mountain tops and valleys, almost a 300 degree view of the Canyon. 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 = $1.10M Current systems completed and in place: electrical (including two (2) power poles), plumbing, HVAC, well, septic, underground utilities to house. ARV estimated at $1.2M upon completion (TBD). Estimated (written proposal) completion budget of no greater than $190,000: drywall (limited amount), flooring, cabinetry, finish carpentry, countertops, concrete flatwork. Estimate to finish in hand ($190,000)

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Single Family Active

Price

$ 545,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 0

Style

Chalet

Lot Size

4.88

Year Built

2015

Town/City

Drake

County/Region

Larimer

MLS | Web ID

IR988799

Features
General
Interior Features Kitchen Island Vaulted Ceiling(s) Walk-In Closet(s)
Sewer Septic Tank
Heating Forced Air Propane Solar
Cooling Ceiling Fan(s) Central Air
Utilities Electricity Available
Possession Closing/DOD
Roof Metal
Zoning ESTATE
HOA 25
Association Fee Includes Reserves
Patio/Porch Features Deck
Architectural Style Chalet
Construction Materials Concrete Log Wood Frame
Exclusions Scaffolding construction tools antique wood stove camper on site truck camper shell on site Water Rights Excluded Mineral Rights Excluded
Year Built 2015
View Mountain(s) Plains
Levels Three Or More
Property SubType Single Family Residence
Tax Year 2022
Percent Ownership Individual
Assoc Fee Paid Per Annually
County Larimer
Property Type Residential
Home Owner Assoc Y
Subdivision Name Cedar Park
Facing Direction East
Possible Use Residential
Full Baths 2
Status Active
Directions Go west on Hwy 34 to Drake Turn R go 1/4 mile. Turn R go 2.1 miles to the T. Turn L then take your first R. Go to the bottom of the hill. Property and sign on your L.
High School Thompson Valley
City Drake
Association Name Cedar Park HOA
High School District Thompson R2-J
Lot Size Square Feet 212530
Terms Cash Conventional FHA VA Loan
Elementary School Big Thompson
Middle/Junior High School Walt Clark
Property Condition New Construction
Structure Type House
Standard Status Active
Occupancy Type Vacant
Elementary School District Thompson R2-J
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Interior
Basement Bath/Stubbed None
Flooring Wood
Total Fireplaces 1
Fireplace Features Other
Basement (Y/N) N
Window Features Double Pane Windows
Above Grade Finished Area 2209
Half Baths 0
3/4 Baths 1
Laundry Features In Unit
Total Bedrooms 3
Below Grade Finished Area 0
Main Level Bedrooms 1
Main Level Bathrooms 1
Total Baths 2
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Exterior
Fencing Fenced Partial
Lot Features Flood Zone
Total Parking 0
Building Area Total 2209
Lot Size Acres 4.88
Road Surface Type Dirt
Road Frontage Type Private Road Public
Other Equipment Satellite Dish
Builder Model The Glacier
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 387
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* Excluded Features
List By
Keller Williams Realty Noco

Broker

(970) 672-9560

Phone

Affordability Calculator

$3,264
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,264
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3043936 Elementary School
732829 Middle School
Thompson Valley High School High School
Pricing History
DatePricePrice ChangeDescription
5/30/2024$545,000 -6.84% Price Down
3/26/2024$585,000 -1.68% Price Down
10/11/2023$595,000 -4.80% Price Down
9/3/2023$625,000 -7.41% Price Down
8/15/2023$675,000 -3.57% Price Down
7/28/2023$700,000 -9.68% Price Down
7/14/2023$775,000 -29.55% Price Down
5/30/2023$1,100,000 Listed Price

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387 Lakeview Drive, Drake, CO, 80515 is a Single Family Home for sale at $545,000 with 2,209 sqft and a lot size of 4.88. 387 Lakeview Drive has 3 bedrooms, 3.0 baths, and was built in 2015. The property's zip code is 80515 which is in Drake, CO