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Drake, CO 80515

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For Sale

$545,000

3 beds3 baths2,206 sqft

Estimated Payment

$ 3,017 /mo.

6.85% APR for 30 yrs.
$1,915 in taxes
Change Loan Terms

  • Farm/Ranch
    Property type

  • $247.05
    Price per square foot

  • 6-10 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Cut / assembled by Log Artisans. 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 concessions from Seller at closing = credit toward rate buy down on final Mortgage.
MLS# 1022836

Courtesy Of Fort Collins Gold LLC

(970) 449-7100

Property Features

  • Age
    6-10 Years Old
  • Architecture Style
    Other
  • Fireplace
    Fireplace
  • Heating System
    Fireplace
  • Lot Size
    4.89 Acres

Area Map

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Home seller CENTURY 21 Elevated Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Elevated Real Estate

(970) 224-1800
Learn More About Us

Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $2,857
  • Property Taxes
    $159
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $3,017

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Big Thompson Elementary School

Grades KG-5 Public School


Loveland, CO 80537 7.9 miles
7702 w us highway 34

179 total students
13:1 Student teacher ratio

Walt Clark Middle School

Grades 6-8 Public School


Loveland, CO 80537 12.5 miles
2605 carlisle dr

418 total students
17:1 Student teacher ratio

Thompson Valley High School

Grades 9-12 Public School


Loveland, CO 80537 12.9 miles
1669 eagle dr

1043 total students
20:1 Student teacher ratio

Local area information for Drake, CO 80515

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Drake, CO 80515

This community’s employment is highest in the administrative support and transportation industries. The area’s overall household expenses are above the national average.

79° July
Hottest Average Month

16° February
Coldest Average Month
494 Total Households in Area
14.2%
of households
have children
21 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Drake, CO 80515

Drake, CO 80515 has a population of 1,069 people in 494 households with a median age of 58.8 years old.

Up 5.1%
Increase in population
since the year 2010

Population is Trending up
455
Total households as of 2010
Up
6%

Community Population By Age

Community Population By Ethnicity

White 89%
Hispanic 6%
Other 3%
Asian <1%
Black <1%
Native American <1%

Economics
for Drake, CO 80515

18 /sq mi
Population Density
$85,845 /yr
Median Household Income
$260,000
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 68%
  • Work from Home 23%
  • Walk or Bike 8%
  • Public Transit 2%

Occupancy by Type

Owned 408 47%
Vacant 377 43%
Rented 86 10%

White vs Blue Collar Jobs







White Collar 89%
Blue Collar 11%

Family & Education Facts
for Drake, CO 80515

58.8 Median Age

Average Household Size

2.1
persons per
household

67.1%

Married Households

Community Population By Education

Bachelors Degree 26%
Some College 23%
Graduate Degree 20%
Associates Degree 16%
High School Graduate 13%
Some High School 3%

Household Family Expenses vs National Average

14.2% of households have children

Weather
for Drake, CO 80515

The weather for this area ranges from a high of 79° F in July to a low of 16° F in February

79° July
Hottest Average Month
16° February
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
16°
36°
Feb
16°
39°
Mar
20°
44°
Apr
27°
52°
May
35°
61°
Jun
42°
72°
Jul
48°
79°
Aug
46°
77°
Sep
39°
69°
Oct
30°
58°
Nov
22°
45°
Dec
17°
38°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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