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$5,400,000
Bed
Bath
11,140 SqFt
35.91 Acre Lot
1,564,240 Sqft Lot
Status Active
Property Type
Price Type
Year Built 1980
Neighborhood Drake
Days on Website 448

Property Map

$5,400,000 – 1607 W Highway 34, Drake, CO 80515

Street View

Courtesy of Keller Williams-DTC {attribution_contact}

Description

First time in 40 years offered For Sale. What an opportunity to own a part of History in the Making. 12 RV spaces, 40 Tent Sites for Camping, 3 Homes 1 Cabin, Commercial Building and 2 Privies. On the North Fork Big Thompson River. Almost 36 Acres of beautiful land. Very well taken care of, just needs the right Owner to turn this into a Destination Point. Just 25 minutes to Estes Park and Loveland. The Commercial Building could be turned into a Coffee, Sandwich, Gift Shop or???

Property Details and Features

Interior Features

  • Furnished: Unfurnished

Basement

  • Basement
  • “Partial”
  • Bedrooms: 0

Building

  • Construction Materials: “Wood Frame”
  • Levels: “One”
  • Occupant Type: Owner
  • Total Area: 11140
  • Built in 1980

Disclosures

  • Attribution Contact: 3037717500

Expenses

  • Operating Expense: $8,282

Heating

  • Heating: “Propane”

Income

  • Net Operating Income: $259,468
  • Projected Gross Operating Income: $267,750

Listing

  • Listing Id: RECIR997475
  • Standard Status: Active
  • Mls Status: Active
  • Listing Contract Date: 2023-10-04
  • Listing Terms: “Cash”, “Conventional”, “Owner Will Carry”
  • Original List Price: $5,400,000

Location

  • County Or Parish: Larimer
  • Subdivision Name: Drake

Lot

  • Acres: 35.91
  • Features: “Flood Zone”
  • Parcel Number: R0612758
  • Square Feet: 1564240

Owner Pays

  • Ownership: Individual

Possession

  • “Closing/DOD”

Property

  • Zoning: Commercial

Roof

  • Roof: “Composition”

Schools

  • Elementary School: Big Thompson
  • Elementary School District: Thompson R2-J
  • Middle Or Junior School: Other
  • High School: Thompson Valley
  • High School District: Thompson R2-J

Taxes

  • Annual Amount: 8282
  • Legal Description: POR 3-5-71 DESC AS COM AT N1/4 COR SD SEC 3, TH N 89 32’50 W ALG N LN NW1/4SD SEC 3, 1021.44 FT TPOB; TH S 00 00’00 E 986.12FT TH S 83 10’19 W 70.54FT; TH S 08 16’40 W 131.23FT, TH S 33 11’43 E 28.58FT;
  • Tax Year: 2022

Tenant Pays

  • Tenant Pays: “None”

Utilities

  • Water Source: “Well”

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