122 Elk Way Drake, CO ^$ 515,000

122 Elk Way

^$ 515,000

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122 Elk Way

Drake, CO, 80515

^$ 515,000

Bedrooms2 Baths1.0 Sq 2,400

Monthly Estimate*

^$ 3,213

Listed by RE/MAX Alliance-FTC South

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Single Family Home for sale in Drake, CO

for $515,000 with 2 bedrooms and 1 full bath. This 2,400 square foot home was built in 2001 on a lot size of 6.08.

Tucked among the pines of Cedar Park, this charming mountain log home retreat offers both year-round comfort and an ideal holiday getaway. Blending rustic Colorado character with modern conveniences, it captures the lifestyle so many dream of. Step inside to a welcoming living area with a wood stove that adds warmth and mountain charm. A spacious dining room leads into the rustic kitchen, designed for gathering and connection. Enjoy the fresh mountain air from either of the two expansive 24' x 11' decks-one on the main level and the other directly off the primary bedroom-perfect for morning coffee, evening stargazing, or soaking up serene forest views. Wake up in the main bedroom to brilliant natural light and inspiring scenery, complete with a walk-in closet. The walk-out basement provides flexible space for an additional bedroom, family room, or home office. Recent updates include a freshly restained exterior for lasting protection and a serviced furnace for peace of mind. Outside, gather around the fire pit for s'mores and stories under the stars. Practical features such as main floor rough-in bathroom, laundry hookup, in the basement two cisterns (250 & 750 gallons), and a full septic system make mountain living easy. With National Forest access just steps away, you'll find endless opportunities for hiking, wildlife viewing, and seasonal adventures. Just a short drive away, Estes Park welcomes you with its quaint mountain shops, local dining, and breathtaking views that stretch toward the towering face of Longs Peak. From there, step into the splendor of Rocky Mountain National Park, a sanctuary of trails, wildlife, and endless adventure. You've found the ideal blend of seclusion and accessibility. Whether you envision a full-time residence or a peaceful mountain retreat, this property is ready to be the beginning of your next journey.

Single Family Active

Price

^$ 515,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 2,588

Style

Chalet

Lot Size

6.08

Year Built

2001

Town/City

Drake

County/Region

Larimer

MLS | Web ID

IR1042713

Features

Interior

Interior Amenities Open Floorplan Walk-In Closet(s)

Basement Bath/Stubbed Unfinished

Flooring Wood

Basement (Y/N) Y

Window Features Double Pane Windows

Above Grade Finished Area 1600

Half Baths 0

3/4 Baths 0

Laundry Features In Unit

Total Bedrooms 2

Below Grade Finished Area 0

Main Level Bedrooms 0

Main Level Bathrooms 0

Total Baths 1

General

Sewer Septic Tank

Heating Forced Air Wood Stove

Utilities Electricity Available

Possession Closing/DOD

Roof Metal

Appliances Oven

Zoning E

Patio/Porch Features Deck

Architectural Style Chalet

Security Features Smoke Detector(s)

Construction Materials Log

Year Built 2001

View Mountain(s)

Levels Two

Property Subtype Single Family Residence

Tax Year 2024

Ownership Individual

County Larimer

Property Type Residential

HOA N

Subdivision Name Cedar Park

Facing Direction East

Possible Use Residential

Full Baths 1

Status Active

Directions From Loveland take Highway 34 west towards Drake. At County Road 43 to Storm Mountain appx 1/3 mile. Continue to Storm Mountain and turn left. Continue appx 3 miles to Elk Way to sign at 122. Must be

High School Thompson Valley

City Drake

High School District Thompson R2-J

Lot Size Square Feet 264844

Listing Terms Cash Conventional FHA VA Loan

Elementary School Big Thompson

Tax Annual Amount 2588

Middle/Junior High School Other

Concessions No

Virtual Tour https://www.listingsmagic.com/sps/tour-slider/index.php?property_ID=276733

Structure Type House

Standard Status Active

Occupancy Type Owner

Elementary School District Thompson R2-J

Exterior

Vegetation Grassed Wooded

Lot Features Rock Outcropping Rolling Slope

Water Source Cistern

Total Parking 0

Building Area Total 2400

Lot Size Acres 6.08

Road Surface Type Gravel

Road Frontage Type Private Road

Other Equipment Satellite Dish

Horse Y/N Y

Internal Only

Street Number 1 122

* Excluded Features

List By

Re/Max Alliance-Ftc South

Broker

(970) 217-6843

Phone

Affordability Calculator

$3,429

Per Month

Monthly Principal & Interest: $3,213
Monthly Property Taxes: $216
Monthly Home Insurance: --

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Down Payment

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Single family listings in Drake, CO

Average List Price ^$586,511

Percent of Sale Price 14%

About Drake, CO

914 Population

15% Since 2002

^$64,516 Median Income

56.08 Median Age

13% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3043936 Elementary School

3043800 Middle School

Thompson Valley High School High School

Pricing History

Date	Price	Price Change	Description
9/3/2025	$515,000		Listed Price

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122 Elk Way, Drake, CO, 80515 is a Single Family Home for sale at $515,000 with 2,400 sqft and a lot size of 6.08. 122 Elk Way has 2 bedrooms, 1.0 baths, and was built in 2001. The property's zip code is 80515 which is in Drake, CO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

The data relating to real estate on this web site comes in part from the Internet Data eXchange (IDX) Program of the REcolorado. Real estate listings held by firms other than Weichert Realtors are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is 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 is updated as of 12/7/2025.

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122 Elk Way

Single Family Home for sale in Drake, CO

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