759 Palisade Mountain Dr, Drake, CO 80515

$475,000
3
BD
2
BA
2,192
SqFt

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List Price
$475,000
Status
ACTIVE
MLS#
2718203
Year Built
1987
Bedrooms
3
Bathrooms
2
Living Area
2,192
Region
Estes Park
Subdivision
Cedar Springs Estates

Property Description

ATTENTION INVESTORS - CHECK THIS ONE OUT! Fix it Flip it. ***SOLD AS-IS*** Set high above the canyon in scenic Drake, this property offers an incredible opportunity to create something truly special. This amazing opportunity also has the possibility of a VA Assumable Loan at 2.5%! Reach out for more details. Situated on nearly 0.8 acres, the home captures breathtaking mountain views and a setting that feels like you are perched on top of the world. Surrounded by dramatic rock outcroppings, open skies, and the peaceful beauty of the Colorado mountains, this is the kind of property buyers dream about finding. With 2,192 finished square feet, attached 3-car garage, generous outdoor living areas, and a layout designed to take advantage of the views, the potential here is undeniable. The home is ready for updates, making it an ideal opportunity for investors, flippers, or buyers looking to create their own mountain retreat exactly the way they want it. Renovated homes in the area have supported values into the 700s, giving buyers the chance to add significant value while creating a one-of-a-kind property. Whether you envision a full-time residence, weekend getaway, second home, or vacation rental, this is a rare opportunity to invest in both the property and the incredible lifestyle that comes with it. Located between Loveland and Estes Park, Drake is known for its secluded mountain setting, scenic drives, proximity to the Big Thompson River, and easy access to Rocky Mountain National Park, hiking, fishing, and wildlife viewing. If you are looking for a property with unmatched views, privacy, and upside potential, this home is is ready for its next chapter.

Additional Information

Taxes
$3,117
Style
Fixer-Handyman Special, Modular Home
School District
Thompson R2-J
Elementary School
Big Thompson
Middle School
Walt Clark
High School
Thompson Valley
Heating
Baseboard, Electronic Air Filter
Cooling
Ceiling Fan(s)
Utilities
Electricity Available, Propane
Garage Spaces
3
Basement
Partial, Slab
Zoning
O

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Calculator source: Real Geeks

Listing courtesy of Grant Dolby.

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