Seller Financing
Address
1607 W Highway 34, Drake, CO
Price
$ 5,400,000
Property Attributes
- MLS#IR997475
- TypeSingle Family
- CountyLARIMER
- CityDrake
- NeighborhoodDrake
- Zip80515
- Style
- Year Built1980
- Taxes$ 8282
- Price$ 5,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage11140
- Lot Size35.91 Acres
Data Source:
REColorado (MTOMLS)
Property Description
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???
| Elementary School | High School |
|---|---|
| Big Thompson Elementary School | Thompson Valley High School |
| Price History | |
|---|---|
| 10/4/2023 | Listed $5,400,000 |
General Features
| 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 | No |
| 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 Description | Owner |
| Elementary School District | Thompson R2-J |
| Cap Rate | 4.8 |
| Buyer Agent Compensation Type | % |
Interior Features
| Basement | Partial |
|---|---|
| Furnished Y/N | Unfurnished |
| Basement (Y/N) | Yes |
Exterior Features
| Lot Features | Flood Zone |
|---|---|
| Water Source | Well |
| Building Area Total | 11140 |
| Lot Size Acres | 35.91 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 80515
Price
Taxes
Visits
Year Built
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