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Frederick 80504
5545 Drake Way
$730,000
● House - In Contract

5545 Drake Way

Longmont, CO 80504
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,391 Ft²
$4,006
Est. Monthly

About This Property

Welcome to this stunning, designer-inspired home offering luxury finishes, exceptional craftsmanship, and the freedom of no HOA and no metro district taxes. Better than new, this move-in ready home combines sophisticated design with everyday comfort in one of the area's most desirable neighborhoods.

Step inside to an inviting open-concept floor plan where the breathtaking kitchen immediately steals the show. Anchored by an oversized center island, this space is perfect for entertaining and everyday living. Designer lighting, beautiful tile work, soft-close cabinetry, granite countertops, and premium finishes create a timeless, elevated feel throughout. Every detail has been thoughtfully selected to deliver both style and functionality.

The spacious living areas flow seamlessly together, while five generously sized bedrooms provide room for everyone. Downstairs, the professionally finished basement features impressive 9-foot ceilings and a stunning wet bar, creating the perfect space for entertaining, movie nights, or hosting guests.

Outside, enjoy a fully landscaped, fully fenced backyard complete with a sprinkler system, offering privacy and low-maintenance living. Brand-new blinds have been installed throughout the home, making it truly turnkey.

Built with today's buyer in mind, additional highlights include a tankless water heater, quality construction, designer finishes throughout, and a spacious lot just a short walk to the neighborhood park.

Homes offering this level of finish, space, and value-without HOA dues or metro district taxes-are exceptionally rare. This is a home that must be experienced in person.
Unit Size
3,391 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$215
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
2022

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Last updated: 2 months ago (REcolorado MLS #IRE8000822)

Price History

Date / Event Date Event Price
Sep 15, 2026 In contract -
In contract
Jul 30, 2026 Price Decreased $730,000
↓ $20K (2.7%)
Price Decreased
Jul 19, 2026 Price Decreased $750,000
↓ $25K (3.2%)
Price Decreased
Jul 8, 2026 Listed $775,000
Listed
Mar 2, 2023 Sold
Sold
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Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Attached
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Eat-in Kitchen, Open Floorplan, Pantry, Walk-In Closet(s), Wet Bar, Kitchen Island
Appliances: Dishwasher, Refrigerator, Microwave, Disposal, Fire Alarm
Basement: Partially Finished
Exterior Details
Square Footage: 3391
Square Footage Source: $0
Year Built: 2022
Levels: Two
Construction Materials: Frame
Lot Size Area: 9583.2
Lot Size Units: Square Feet
Lot Size Acres: 0.22
Lot Size Square Feet: 9583.2
Water Source: Public
Financial Details
Tax Annual Amount: $5,049
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,764
  • Garage Type: 1
  • Garage Square Area: 692
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,521
  • Total Building Area: 4,374
  • Gross Building Area: 4,374
  • Building Area: 3,682
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,682
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NONAME CREEK WEST
  • Land Acres: 0000000219
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: FRE NNCW L9 BLK10 NONAME CREEK WEST

Neighborhood

  • School District Name: St. Vrain Valley School District RE 1J
  • Census Tract: 002018

Geography

  • Assessors Map Reference: MAP 2454
  • Account Number: R0743401
  • Parcel: R0743401
  • Block: 10
  • Lot: 9
  • Meridian: SEC 13 TWN 2N RNG 68W
  • Latitude: 40.1331
  • Longitude: -104.947

    Address

  • Full Address: 5545 Drake Way
  • Address - House Number: 5545
  • Address - Street Name: Drake
  • Address - Suffix Type: Way
  • State: CO
  • City Name: Longmont
  • Carrier Code: R037
  • 4-Digit Zip Code: 9769
  • Zip Code: 80504

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $449,938
  • Tax Rate Code Area: 1459

    Appraisal Valuation

  • Standard Deviation: 0.144
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 82
  • Final Value: 723,268
  • High Value: 827,458
  • Low Value: 619,077

    Market Valuation

  • Market Total Value: $727,373
  • Market Land Value: $135,000
  • Market Improvement Value: $592,373

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,740
  • Assessed Land Value: $9,050
  • Assessed Improvements Value: $39,690

    Sales

  • Current Sale Contract Date: Mar 01, 2023
  • Current Sale Recording Date: Mar 02, 2023
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 4884599
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

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Frequently Asked Questions

When was property at 5545 Drake Way built and last sold?
The property at 5545 Drake Way was built in 2022 and last sold on Mar 1, 2023 for $724,900.
How much is this home worth?
The estimated value of the home located at 5545 Drake Way is $737,921.
What are some comparable homes to 5545 Drake Way?
There are currently no comparable homes to 5545 Drake Way.