246 Picacho Place
Drake, CO, 80515 $ 674,000
Bedrooms3 Baths1.1 Sq 2,216 Monthly Estimate*
$ 4,256
Listed by NextHome Rocky Mountain
for $674,000 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.
What if your backyard wasn't just 9.18 acres but thousands more? Bordering National Forest, this private Colorado mountain retreat offers direct access to protected public land, where hiking trails, seasonal elk, and unforgettable star-filled skies become part of everyday life. The move-in ready home features 3 bedrooms, a finished basement for additional living space, and numerous recent updates, including new windows, new appliances, fresh interior paint, and new carpet throughout. After a day exploring the mountains, relax in the hot tub while taking in the peaceful surroundings. Designed for both recreation and functionality, the property includes a detached shop with dedicated 100-amp electrical service, ideal for projects, hobbies, equipment, or additional storage, plus a second storage shed for added flexibility. Outdoor enthusiasts will appreciate the proximity to The Monastery, one of Colorado's premier sport climbing destinations, along with the Big Thompson River, Glen Haven, Estes Park, Rocky Mountain National Park, and Loveland, offering year-round opportunities for hiking, fishing, climbing, wildlife viewing, and mountain adventure. Properties offering usable acreage, end-of-road privacy, direct National Forest access, updated living spaces, and versatile outbuildings are increasingly difficult to find. Whether you're looking for a full-time residence, a mountain getaway, or a basecamp for your Colorado adventures, this property delivers a unique combination of privacy, functionality, and access to everything that makes the Colorado mountains unforgettable.
See more
FeaturesInteriorInterior 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
See more
GeneralSewer 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
See more
ExteriorExterior 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
See more
* Excluded FeaturesList ByNexthome Rocky MountainBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,256
- Monthly Property Taxes
- $384
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Drake, CO
Average List Price $564,819
Percent of Sale Price 16%
About Drake, CO 914 Population
15% Since 2002
$ 64,516 Median Income
56.08 Median Age
13% Households with Children
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 |
|---|
| 8/14/2026 | $674,000 | -2.18% | Price Down |
| 7/25/2026 | $689,000 | -1.43% | Price Down |
| 6/29/2026 | $699,000 | -3.59% | Price Down |
| 6/9/2026 | $725,000 | -3.33% | Price Down |
| 5/15/2026 | $750,000 | | Listed Price |