1607 W Highway 34 Drake, CO $ 5,400,000
1607 W Highway 34
$ 5,400,000
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1607 W Highway 34

Drake, CO, 80515
$ 5,400,000
Baths0.0 Sq 11,140

Monthly Estimate*

$ 37,721

Listed by Keller Williams-DTC
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Studio

Single Family Home for sale in Drake, CO

for $5,400,000. This 11,140 square foot home was built in 1980 on a lot size of 35.91.

First time in 40 years offered For Sale. What an opportunity to own a part of History in the Making. 12 RV spaces, 40 Tent Sites for Camping, 3 Homes 1 Cabin, Commercial Building and 2 Privies. On the North Fork Big Thompson River. Almost 36 Acres of beautiful land. Very well taken care of, just needs the right Owner to turn this into a Destination Point. Just 25 minutes to Estes Park and Loveland. The Commercial Building could be turned into a Coffee, Sandwich, Gift Shop or???

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Single Family Active

Price

$ 5,400,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 8,282

Style

Lot Size

35.91

Year Built

1980

Town/City

Drake

County/Region

Larimer

MLS | Web ID

IR997475

Features
General
Heating Propane
Possession Closing/DOD
Roof Composition
Zoning Commercial
Construction Materials Wood Frame
Year Built 1980
Tenant Pays None
Levels One
Tax Year 2022
Percent Ownership Individual
County Larimer
Net Operating Income 259468
Operating Expense 8282
Property Type Residential
HOA / Comm Assn N
Subdivision Name Drake
Status Active
Directions Corner of Highway 34 and 43 - halfway between Loveland and Estes Park
High School Thompson Valley
City Drake
Buyer Agent Compensation 2.50
High School District Thompson R2-J
Lot Size Square Feet 1564240
Street Name Highway 34
Listing Terms Cash Conventional Owner Will Carry
Elementary School Big Thompson
Tax Annual Amount 8282
Middle/Junior High School Other
Standard Status Active
Occupancy Type Owner
Elementary School District Thompson R2-J
Cap Rate 4.8
Buyer Agent Compensation Type %
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Interior
Basement Partial
Furnished Y/N Unfurnished
Basement (Y/N) Y
Main Level Bedrooms 0
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Exterior
Lot Features Flood Zone
Water Source Well
Building Area Total 11140
Lot Size Acres 35.91
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Internal Only
Street Number 1 1607
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* Excluded Features
List By
Keller Williams-Dtc

Broker

(303) 919-5993

Phone

Affordability Calculator

$38,411
Per Month
98%
2%
0%
Monthly Principal & Interest
$37,721
Monthly Property Taxes
$690
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3043936 Elementary School
3043800 Middle School
Thompson Valley High School High School
Pricing History
DatePricePrice ChangeDescription
10/4/2023$5,400,000 Listed Price

Map


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1607 W Highway 34, Drake, CO, 80515 is a Single Family Home for sale at $5,400,000 with 11,140 sqft and a lot size of 35.91. 1607 W Highway 34 is a studio with 0.0 baths and was built in 1980. The property's zip code is 80515 which is in Drake, CO