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Sold for $345,000 on 07/08/25
  • $345,000

    387 Lakeview Dr, Drake, CO 80515

    3beds
    3baths
    2,206sqft
    Farm
    Built in 2017
    4.89 Acres Lot
    $343,500 Zestimate®
    $156/sqft
    $3,258 Estimated rent

    What's special

    Back on the market at no fault of Seller. 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 should finish the upper and middle floor first to speed up "completion", then get a Certificate of Occupancy. Finish the lower level at his/her leisure. This home cannot be financed conventionally. Cash only or through a "hard money" lender.

    Zillow last checked: 7 hours ago

    Listing updated: July 09, 2025 at 09:44am

    Listed by:

    Rich Coccaro 817-480-8818,

    Keller Williams Realty NoCo

    Bought with:

    Tara Tooley

    Tara Tooley

    Source: IRES,MLS#: 1022836MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Main level bedrooms: 1
    Primary bedroom
    • Area: 208
    • Dimensions: 16 x 13
    Bedroom 2
    • Area: 132
    • Dimensions: 12 x 11
    Bedroom 3
    • Area: 90
    • Dimensions: 10 x 9
    Kitchen
    • Area: 143
    • Dimensions: 13 x 11
    Living room
    • Area: 336
    • Dimensions: 24 x 14
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Laundry: Washer/Dryer Hookups
    Features
    • Eat-in Kitchen, Cathedral/Vaulted Ceilings, Pantry, Walk-In Closet(s), Loft, Kitchen Island, Two Primary Suites, High Ceilings, Split Bedroom Floor Plan, Walk-in Closet, 9ft+ Ceilings
    • Flooring: Wood, Wood Floors
    • Basement: Full,Unfinished,Walk-Out Access
    • Number of fireplaces: 1
    • Fireplace features: Single Fireplace
    Interior area
    • Total structure area: 2,206
    • Total interior livable area: 2,206 sqft

    Property

    Parking
    • Details: Garage Type: None
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: Partial
    • Has view: Yes
    • View description: Mountain(s), Hills, Plains View
    • Body of water: nearby
    Lot
    • Size: 4.89 Acres
    • Features: Dry, Cows Allowed, Horses Allowed, Pigs Allowed, Llama Allowed, Goats Allowed, Sheep Allowed, Wooded, Rolling Slope, Rock Outcropping
    Details
    • Parcel number: R0504653
    • Zoning: E-SFR
    • Special conditions: Private Owner
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Chalet
    • Property subtype: Farm
    Materials
    • Wood/Frame, Log
    • Roof: Metal
    Condition
    • Under Construction
    • New construction: Yes
    • Year built: 2017
    Details
    • Builder name: TJ's, CO's Premier Log Co

    Utilities & green energy

    • Electric: Electric, PVREA
    • Sewer: Septic, Septic Field, Septic Vault
    • Water: Well, WELL - 5 gals / 850'
    • Utilities for property: Electricity Available, Propane, Trash: local

    Community & neighborhood

    Location
    • Region: Drake
    • Subdivision: Cedar Pk

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $25 annually

    Other

    Other facts
    • Listing terms: Cash,FHA,Owner Pay Points
    • Road surface type: Gravel
    Services availability
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