759 Palisade Mountain DR, Drake, CO 80515
759 Palisade Mountain DR, Drake, CO 80515
759 Palisade Mountain DR, Drake, CO 80515
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$475,000
Est. payment /mo
3 Beds
2 Baths
2,192 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,192 sqft

Price per Sqft $216

Subdivision Cedar Springs Estates

MLS Listing ID 2718203

Style Modular

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1987

Lot Size 0.780 Acres

Acres 0.78

Property Sub-Type Single Family Residence

Property Description

ATTENTION INVESTORS - CHECK THIS ONE OUT! Fix it Flip it. ***SOLD AS-IS*** Check out the gallery for Virtual Concepts and Ideas to get those creative juices flowing! *** 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.

Location

State CO

County Larimer

Zoning O

Rooms

Basement Finished

Interior

Interior Features Ceiling Fan(s)

Heating Baseboard, Electric, Propane

Cooling None

Flooring Carpet, Laminate

Fireplaces Type Free Standing, Gas, Living Room

Appliance Dishwasher, Dryer, Oven, Refrigerator, Washer

Exterior

Parking Features Attached, Garage

Garage Spaces 3.0

Fence Full

Utilities Available Electricity Connected, Propane

Waterfront Description Well

Roof Type Composition

Porch Deck

Private Pool No

Building

Lot Description Corner Lot, Level

Story Two

Foundation Slab

Sewer Septic Tank

Water Well

Architectural Style Modular

Schools

School District Elementary: Thompson R2-J, High: Thompson R2-J

Others

Senior Community No

Tax ID R0466786

Special Listing Condition None Known

Virtual Tour https://759palisademountaindr.2seeit.com/


Read Less Info
REColorado MLS
Listed byDolby Haas

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Have a question? Send us a message and we'll get back to you shortly.
Jerry Downer

Broker Associate License ID: 100011893

+1(720) 277-9001 | [email protected]

First Name
Phone Number
Your Message

Go tour this home

759 Palisade Mountain DR

MORTGAGE CALCULATOR

Price of Homes
$
Down Payment
$
Loan Term
Interest Rate
Home Insurance (optional)
$
Property Tax (optional)
$
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Mortgage Help

Down Payment

The typical rule of thumb is to pay 20 percent of the home's price as your down payment, although some mortgage loans require as little as 3.5 percent down. Your down payment reduces the total amount of your mortgage loan, so the more money you put down, the lower your payments will be - or the more expensive a house you can buy.

Loan Term

Your loan program can affect your interest rate and monthly payments. Choose from 30-year fixed, 15-year fixed, and more in the calculator.

Loan Type

There are several types of mortgage loans, but the most commonly used are fixed-rate and adjustable-rate loans. Fixed-rate loans have the same interest rate for the entire duration of the loan. That means your monthly payment will be the same, even for long-term loans, such as 30-year fixed-rate mortgages. Two benefits to this loan type are stability, and being able to calculate your total interest up front. Adjustable-rate mortgages (ARMs) have interest rates that can change over time. Typically they start out at a lower interest rate than a fixed-rate loan, and hold that rate for a set number of years, before changing interest rates from year to year. For example, if you have a 5/1 ARM, you will have the same interest rate for the first 5 years, and then your interest rate will change from year to year. The main benefit of an adjustable-rate loan is starting off with a lower interest rate.

Interest Rate

This field is pre-filled with the current average mortgage rate. Your actual rate will vary based on factors like credit score and down payment.

Property Tax Rate

The mortgage payment calculator includes estimated property taxes based on the home's value. You can edit this in the advanced options.

Home Insurance

Home insurance or homeowners insurance is typically required by lenders, depending on the loan program. You can edit this number in the mortgage calculator advanced options.

HOA Fees

A homeowners association fee (HOA fee) is an amount of money that must be paid monthly by owners of certain types of residential properties, and HOAs collect these fees to assist with maintaining and improving properties in the association.


More Transparancy, More Control.

Experience a revolutionary level of industry transparency and autonomy. Click here to simplify the home-buying process with a prequalification letter, and begin the journey to home ownership today!