$625,000
$650,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
1,178 SqFt
SOLD DATE : 12/12/2025
Key Details
Sold Price $625,000
Property Type Single Family Home
Sub Type Cabin
Listing Status Sold
Purchase Type For Sale
Square Footage 1,178 sqft
MLS Listing ID IRE1043801
Style Cottage,Cabin,Legal Conforming
Bedrooms 2
Full Baths 1
Year Built 1969
Annual Tax Amount $3,058
Tax Year 2024
Lot Size 0.390 Acres
Property Sub-Type Cabin
Property Description
Incredible Investment Opportunity in Drake, CO! This 2-bedroom, 1-bath cabin with a 2-car garage sits right above the Big Thompson River - the ultimate Colorado mountain escape. Even better, it generated $99,000 in gross rental income over the past 12 months with a transferable Larimer County VH permit! Guests love the large deck overlooking the river, complete with a private hot tub for soaking under the Colorado stars. With no HOA, you can self-manage to maximize profits. Wildlife is a daily treat, with elk, deer, and more often passing through, situated half way between Loveland and Estes Park. Rocky Mountain National Park, and downtown shops and dining are just minutes away. Inside, the cabin offers cozy charm with everything needed for unforgettable stays. The rare 2-car garage provides extra storage for vehicles, gear, or owner use. Whether you're looking for a high-performing short-term rental or a riverfront retreat that pays for itself, this one is not to be missed!
Location
State CO
County Larimer
Area Estes Park
Zoning O
Interior
Heating Forced Air, Wood Stove
Cooling Ceiling Fan(s)
Fireplaces Type Insert, Living Room
Exterior
Exterior Feature Oversized Garage
Garage Spaces 2.0
Utilities Available Electricity Available, Propane, Wood/Coal, Satellite Avail, High Speed Avail
View Y/N Yes
View Mountain(s)
Roof Type Composition
Building
Lot Description Wooded, Evergreen Trees, Deciduous Trees, Sloping Lot, Rock Outcropping, Abuts National Forest, River Front, Waterfront
Sewer Septic Tank
Water Well
Structure Type Frame,Log,Wood Siding,Painted/Stained
New Construction false
Schools
Elementary Schools Estes Park
Middle Schools Estes Park
High Schools Estes Park District
School District Estes Park District
Others
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Licensed Owner
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