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Larimer 80515
122 Elk Way
$515,000
● House - For Sale

122 Elk Way

Drake, CO 80515
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,600 Ft²
$2,745
Est. Monthly
3.54%
Cap Rate

About This Property

Tucked among the pines of Cedar Park, this charming mountain log home retreat offers both year-round comfort and an ideal holiday getaway. Blending rustic Colorado character with modern conveniences, it captures the lifestyle so many dream of. Step inside to a welcoming living area with a wood stove that adds warmth and mountain charm. A spacious dining room leads into the rustic kitchen, designed for gathering and connection. Enjoy the fresh mountain air from either of the two expansive 24' x 11' decks-one on the main level and the other directly off the primary bedroom-perfect for morning coffee, evening stargazing, or soaking up serene forest views. Wake up in the main bedroom to brilliant natural light and inspiring scenery, complete with a walk-in closet. The walk-out basement provides flexible space for an additional bedroom, family room, or home office. Recent updates include a freshly restained exterior for lasting protection and a serviced furnace for peace of mind. Outside, gather around the fire pit for s'mores and stories under the stars. Practical features such as main floor rough-in bathroom, laundry hookup, in the basement two cisterns (250 & 750 gallons), and a full septic system make mountain living easy. With National Forest access just steps away, you'll find endless opportunities for hiking, wildlife viewing, and seasonal adventures. Just a short drive away, Estes Park welcomes you with its quaint mountain shops, local dining, and breathtaking views that stretch toward the towering face of Longs Peak. From there, step into the splendor of Rocky Mountain National Park, a sanctuary of trails, wildlife, and endless adventure. You've found the ideal blend of seclusion and accessibility. Whether you envision a full-time residence or a peaceful mountain retreat, this property is ready to be the beginning of your next journey.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
6.08 acres
Price per sqft
$322
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
2001

Listed By

Louise Creager
Louise Creager
RE/MAX Alliance

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Last updated: 2 years ago (IRES MLS #1042713)

Price History

Date / Event Date Event Price
Aug 31, 2025 Listed by RE/MAX Alliance-FTC South $515,000
Listed by RE/MAX Alliance-FTC South
Jul 6, 2011 Sold
Sold
Nov 1, 1994 Sold
Sold

Property Highlights

Interior Details
Full Bathrooms: 1
Interior Features: Open Floorplan, Walk-In Closet(s), Satellite Avail, Separate Dining Room
Appliances: Gas Range/Oven
Flooring Type: Wood Floors
Laundry Features: Washer Hookup
Basement: Unfinished
Exterior Details
Square Footage: 1600
Square Footage Source: $0
Security Features: Smoke Detector(s)
Property Condition: Not New, Previously Owned
Architectural Style: Chalet
Year Built: 2001
Building Area Total: 1600
Levels: Two
Building Area Units: Square Feet
Window Features: Double Pane Windows
Construction Materials: Log
Patio and Porch Features: Deck
Lot Features: Wooded, Rolling Slope, Rock Outcropping
Lot Size Area: 264844
Lot Size Units: Square Feet
Lot Size Acres: 6.08
Lot Size Square Feet: 264844
Water Source: Cistern, Cistern
Financial Details
Tax Annual Amount: $2,588
Utilities Details
Heating Type: Forced Air, Wood Stove
Sewer : Septic, Septic Field
Location Details
HOA/Condo/Coop Fee Includes: Management

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 40
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 800
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 61
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 264,844
  • Total Building Area: 2,400
  • Gross Building Area: 2,400
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 7

    Utilities

  • Sewer System: 4
  • Water Service: 1

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR PARK
  • Land Acres: 0000006080
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Legal Description 1: LOT 22, CEDAR PK 3RD

Neighborhood

  • School District Name: Thompson School District R-2J
  • Census Tract: 001904

Zoning

  • Zoning: E

Geography

  • Assessors Map Reference: 16213
  • Account Number: R0501794
  • Parcel: R0501794
  • Lot: 22
  • Meridian: SEC 21 TWN 6N RNG 71W
  • Municipality: OUTSIDE CITY LIMITS
  • Latitude: 40.4662
  • Longitude: -105.361

    Address

  • Full Address: 122 Elk Way
  • Address - House Number: 122
  • Address - Street Name: Elk
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Drake
  • Zip Code: 80515

Valuation

    Tax

  • Total Area: 2,400
  • Tax Year: 2023
  • Tax Amount: $251,421
  • Tax Rate Code Area: 20270

    Appraisal Valuation

  • Standard Deviation: 0.1555
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 594,232
  • High Value: 686,659
  • Low Value: 501,805

    Market Valuation

  • Market Total Value: $466,000
  • Market Land Value: $80,000
  • Market Improvement Value: $386,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $31,222
  • Assessed Land Value: $5,360
  • Assessed Improvements Value: $25,862

    Sales

  • Current Sale Contract Date: May 10, 2011
  • Current Sale Recording Date: Jul 06, 2011
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20110039981
  • Previous Sale Recording Date: Nov 01, 1994
  • Previous Sale Contract Date: Nov 01, 1994
  • Previous Sale Amount: $11,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Larimer


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Frequently Asked Questions

When was property at 122 Elk Way built and last sold?
The property at 122 Elk Way was built in 2001 and last sold on May 10, 2011 for $159,000.
How much is this home worth?
The estimated value of the home located at 122 Elk Way is $519,798.
What are some comparable homes to 122 Elk Way?
There are currently no comparable homes to 122 Elk Way.