Metro Denver Luxury Homes For Sale

Property Description

Cut / assembled by Log Artisans. Rough electric, plumbing, well (5 gals/min), septic system in. Spectacular quality of construction. 4.89A of undulating mountain tops and valleys; 300 degree Cayon view. 30 minutes to Loveland, 40 minutes to FoCo and Longmont, 70 minutes to Denver, 80 minutes to DIA and Cheyenne. Perfect VRBO / AirBnB income property while enjoying Mountain appreciation. Estimate in hand ($180,000) to complete. ARV = $1.15M. Buyer concessions from Seller at closing = credit toward rate buy down on Construction Mortgage. Current systems completed and in place: electrical (including two (2) power poles), plumbing, HVAC, well, septic, underground utilities to house. ARV estimated at $1.15M upon completion (TBD). Estimated (written proposal) completion budget of no greater than $190,000: drywall (limited amount), flooring, cabinetry, finish carpentry, countertops, concrete flatwork. Estimate to finish in hand ($190,000)

Features
: Solar, Forced Air, Propane
: Central Air, Ceiling Fan(s)
: None, Bath/Stubbed
: Partial, Fenced
: Mountain(s), Plains
: Other
: Deck
: Chalet
: Metal
: Septic Tank
Address Map
CO
Larimer
Drake
80515
Lakeview
387
Drive
W106° 39' 50.8''
N40° 27' 27.5''
Additional Information
$25
Annually
: Reserves
: Wood Frame, Concrete, Log
East
Go west on Hwy 34 to Drake, Turn R, go 1/4 mile. Turn R, go 2.1 miles to the T. Turn L then take your first R. Go to the bottom of the hill. Property and sign on your L.
Big Thompson
1
: Wood
Thompson Valley
: Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
Yes
Yes
Cash, Conventional, FHA, VA Loan
: Flood Zone
Walt Clark
Keller Williams Realty NoCo
R0504653
: House
Cedar Park
2022
: Electricity Available
: Double Pane Windows
ESTATE
05/30/2023
2209
Active
Yes
Thompson R2-J
Thompson R2-J
In Unit
10/17/2024
Residential
02/15/2024
: Three Or More

Cedar Park

387 Lakeview Drive, Drake, CO 80515

3 Bedrooms
2 Total Baths
2,209 Square Feet
$545,000
Listing ID #IR988799
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : IR988799
Price : $545,000
Bedrooms : 3
Rooms : 11
Total Baths : 2
Full Bathrooms : 2
3/4 Bathrooms : 1
Square Footage : 2,209 Square Feet
Year Built : 2015
Lot Acres : 4.88
Property Sub Type : Single Family Residence
Status : Active
Originating System Name : REcolorado
Agent info
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