Metro Denver Luxury Homes For Sale

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.

Features
: Electric, Baseboard, Propane
: None
: Finished
: Full
: Gas, Living Room, Free Standing
: Deck
: 3
: Dryer, Dishwasher, Refrigerator, Washer, Oven
: Modular
: Unpaved
: Composition
: Septic Tank
Address Map
CO
Larimer
Drake
80515
Palisade Mountain
759
Drive
W106° 40' 50.4''
N40° 27' 2.3''
Additional Information
: Frame
3
There is no cell service in the canyon, so turn on GPS before you head up. From Hwy 34, turn onto County Rd 43, turn right on Storm Mountain Drive, follow up the mountain and turn right on Palisade Mountain Dr.
Big Thompson
: Carpet, Laminate
3
Thompson Valley
: Ceiling Fan(s)
Yes
Yes
1031 Exchange, Cash, Conventional, FHA, Qualified Assumption, VA Loan
: Level, Corner Lot
Walt Clark
Dolby Haas
R0466786
: None
: House
Cedar Springs Estates
$3,117
2025
: Electricity Connected, Propane
O
06/09/2026
2192
Active
1
155068550
M6656
Thompson R2-J
Slab
Thompson R2-J
06/29/2026
1
06/09/2026
Well
: Two

Cedar Springs Estates

759 Palisade Mountain Drive, Drake, CO 80515

3 Bedrooms
2 Total Baths
2,192 Square Feet
$475,000
Listing ID #2718203
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 2718203
Price : $475,000
Bedrooms : 3
Rooms : 5
Total Baths : 2
Full Bathrooms : 2
Square Footage : 2,192 Square Feet
Year Built : 1987
Lot Area : 0.78 Acres
Lot Acres : 0.78
Property Sub Type : Single Family Residence
Status : Active
Co List Agent Full Name : Misty Glover
Co List Office Name : Dolby Haas
Originating System Name : REcolorado
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