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Larimer 80515
759 Palisade Mountain Dr
$475,000
● House - For Sale

759 Palisade Mountain Dr

Drake, CO 80515
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,192 Ft²
$2,593
Est. Monthly

About This Property

ATTENTION INVESTORS - CHECK THIS ONE OUT!  Fix it Flip it. ***SOLD AS-IS*** Check out the gallery for Virtual Concepts and Ideas to get those creative juices flowing!  *** 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.
Unit Size
2,192 Ft²
Days on Market
-
Land Size
0.78 acres
Price per sqft
$217
Property Type
House
Property Taxes
$260
HOA Dues
-
Year Built
1987

Listed By

Grant Dolby
Dolby Haas

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Last updated: 2 months ago (REcolorado MLS #IRE2718203)

Price History

Date / Event Date Event Price
Jun 9, 2026 Listed $475,000
Listed
Oct 28, 2025 Price Decreased $525,000
↓ $10K (1.9%)
Price Decreased
Jun 27, 2025 Listed $535,000
Listed
Escape to the tranquility of the mountains in this stunning home located in scenic Drake, offering breathtaking, unobstructed views of Longs Peak. Nestled on just under an acre of land and only 30 minutes from Loveland, this property combines natural beauty, privacy, and everyday comfort. Inside, you're welcomed by a spacious living room with a cozy gas freestanding fireplace and large windows that frame the majestic views. The dining area features a striking moss rock fireplace and connects to an eat-in kitchen with direct access to the deck-perfect for indoor-outdoor living and entertaining. Downstairs, the walk-out basement offers a private bedroom space. A sunroom just off the basement bedroom adds a bright, relaxing space to enjoy year-round. The attached 3-car garage provides ample space for vehicles, gear, or a workshop. Outside, the expansive yard invites endless possibilities-whether you dream of gardens, gatherings, or simply soaking in the serene mountain atmosphere. This home offers a peaceful mountain escape with unmatched views, space to breathe, and the beauty of the Rockies right outside your door!
Jul 26, 2016 Sold
Sold

Property Highlights

Garage
Fireplace
Parking Details
Has Garage
Parking Features: Attached
Garage Spaces: 3
Interior Details
Full Bathrooms: 2
Appliances: Dishwasher, Refrigerator, Washer, Dryer
Has Fireplace
Fireplace Features: Free Standing, Gas, Living Room
Basement: Partially Finished, Slab
Exterior Details
Square Footage: 2192
Square Footage Source: $0
Architectural Style: Fixer-Upper, Modular Home
Year Built: 1987
Levels: Two
Construction Materials: Frame
Patio and Porch Features: Deck
Lot Features: Corner Lot, Level
Lot Size Area: 33976.8
Lot Size Units: Square Feet
Lot Size Acres: 0.78
Lot Size Square Feet: 33976.8
Water Source: Well
Financial Details
Tax Annual Amount: $3,117
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Baseboard, Electronic Air Filter
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 17
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 512
  • Garage Type: 1
  • Garage Square Area: 896
  • Parking Space Count: 4
  • Patio Type: 61
  • Porch Type: 31
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,793
  • Total Building Area: 3,088
  • Gross Building Area: 3,088
  • Building Area: 2,192
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 2,192
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR SPRINGS ESTATES
  • Land Acres: 0000000776
  • Standard Land Use Code: 1001
  • County Land Use Code: 1219L
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 1, BLK 3, CEDAR SPRINGS EST 4TH

Neighborhood

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

Zoning

  • Zoning: O

Geography

  • Assessors Map Reference: 16263
  • Account Number: R0466786
  • Parcel: R0466786
  • Block: 3
  • Lot: 1
  • Meridian: SEC 26 TWN 6N RNG 71W
  • Municipality: OUTSIDE CITY LIMITS
  • Latitude: 40.4506
  • Longitude: -105.319

    Address

  • Full Address: 759 Palisade Mountain Dr
  • Address - House Number: 759
  • Address - Street Name: Palisade Mountain
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Drake
  • Zip Code: 80515

Valuation

    Tax

  • Total Area: 2,192
  • Tax Year: 2023
  • Tax Amount: $289,777
  • Tax Rate Code Area: 20080

    Appraisal Valuation

  • Standard Deviation: 0.1555
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 80
  • Final Value: 495,267
  • High Value: 572,301
  • Low Value: 418,233

    Market Valuation

  • Market Total Value: $477,000
  • Market Land Value: $57,000
  • Market Improvement Value: $420,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $31,959
  • Assessed Land Value: $3,819
  • Assessed Improvements Value: $28,140

    Sales

  • Current Sale Contract Date: Jul 22, 2016
  • Current Sale Recording Date: Jul 26, 2016
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20160048510
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 759 Palisade Mountain Drive built and last sold?
The property at 759 Palisade Mountain Drive was built in 1987 and last sold on Jul 22, 2016 for $263,000.
How much is this home worth?
The estimated value of the home located at 759 Palisade Mountain Drive is $489,104.
What are some comparable homes to 759 Palisade Mountain Drive?
There are currently no comparable homes to 759 Palisade Mountain Drive.