246 Picacho Place Drake, CO ^$ 750,000

246 Picacho Place

^$ 750,000

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Recently Listed

246 Picacho Place

Drake, CO, 80515

^$ 750,000

Bedrooms3 Baths1.1 Sq 2,216

Monthly Estimate*

^$ 4,618

Listed by NextHome Rocky Mountain

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Single Family Home for sale in Drake, CO

for $750,000 with 3 bedrooms and 1 full bath, 1 half bath. This 2,216 square foot home was built in 1975 on a lot size of 9.18.

Set on 9 private acres at the end of the road and bordering National Forest, this is a rare opportunity to own a true Colorado mountain retreat with direct access to thousands of acres of public land. Step out your back door into protected wilderness, where elk migrate through seasonally and the night skies are exceptionally dark and star-filled, creating a setting that feels both expansive and peaceful.The move-in ready 3-bedroom home features a finished basement for additional living space and has been thoughtfully updated with new windows, new appliances, and fresh carpet and interior paint throughout. A hot tub is ideally positioned to take in the surrounding landscape and quiet mountain setting.The property offers both privacy and functionality, with a detached shop equipped with dedicated 100-amp service, ideal for a workshop, studio, or equipment storage, along with a second shed for added flexibility. Located just minutes from The Monastery, one of Colorado's premier sport climbing destinations, and within convenient reach of the Big Thompson River, Glen Haven, Estes Park, Rocky Mountain National Park, and Loveland, the home balances seclusion with accessibility.Combining end-of-road privacy, National Forest borders, usable acreage, and a turnkey home, this is a distinctive mountain property that is increasingly difficult to find.

Single Family Active

Price

^$ 750,000

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 4,603

Style

House

Lot Size

9.18

Year Built

1975

Town/City

Drake

County/Region

Larimer

MLS | Web ID

IR1059269

Features

Interior

Interior Amenities Open Floorplan Walk-In Closet(s)

Basement Walk-Out Access

Fireplace Features Basement Living Room

Basement (Y/N) Y

Window Features Skylight(s) Window Coverings

Above Grade Finished Area 1672

Half Baths 1

3/4 Baths 0

Laundry Features In Unit

Total Bedrooms 3

Below Grade Finished Area 544

Main Level Bedrooms 1

Main Level Bathrooms 1

Total Baths 2

General

Sewer Septic Tank

Heating Baseboard

Cooling Air Conditioning-Room Ceiling Fan(s)

Utilities Electricity Available Internet Access (Wired)

Possession Closing/DOD

Roof Composition

Appliances Dishwasher Microwave Oven Refrigerator

Zoning E

Garage Spaces 9

Patio/Porch Features Deck Patio

Security Features Smoke Detector(s)

Construction Materials Frame

Exclusions Sellers Personal Property

Year Built 1975

View Mountain(s)

Levels Two

Property Subtype Single Family Residence

Tax Year 2025

Ownership Individual

County Larimer

Property Type Residential

HOA N

Subdivision Name Cedar Park

Possible Use Residential

Full Baths 1

Status Active

Directions From Drake post office go W on cty rd 43 for .3 mi turn on Storm Mtn Rd. Go to T intersection turn RT on Palisade Mtn Dr. Go .4 of a mile turn RT on Snow Top Dr. Go .4 of a mile to Picacho Pl turn

High School Thompson Valley

City Drake

High School District Thompson R2-J

Lot Size Square Feet 399860

Listing Terms Cash Conventional FHA VA Loan

Elementary School Big Thompson

Tax Annual Amount 4603

Middle/Junior High School Walt Clark

Concessions No

Virtual Tour https://www.zillow.com/view-imx/a60e6703-c2df-47aa-9749-aaff854bb72f?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Structure Type House

Standard Status Active

Occupancy Type Owner

Elementary School District Thompson R2-J

Exterior

Exterior Amenities Spa/Hot Tub

Vegetation Grassed Wooded

Fencing Partial

Parking Features RV Access/Parking

Lot Features Borders National Forest Rock Outcropping

Water Source Well

Total Parking 9

Building Area Total 2216

Lot Size Acres 9.18

Road Surface Type Gravel

Road Frontage Type Public

Other Equipment Satellite Dish

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 246

* Excluded Features

List By

Nexthome Rocky Mountain

Broker

(970) 278-6935

Phone

Affordability Calculator

$5,001

Per Month

Monthly Principal & Interest: $4,618
Monthly Property Taxes: $384
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$617,967

Percent of Sale Price 18%

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

732829 Middle School

Thompson Valley High School High School

Pricing History

Date	Price	Price Change	Description
5/15/2026	$750,000		Listed Price

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246 Picacho Place, Drake, CO, 80515 is a Single Family Home for sale at $750,000 with 2,216 sqft and a lot size of 9.18. 246 Picacho Place has 3 bedrooms, 1.1 baths, and was built in 1975. 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 6.25% 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 5/17/2026.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. REcolorado. MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. REcolorado. SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

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246 Picacho Place

Single Family Home for sale in Drake, CO

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