MLS# IR997475 – 1607 W Highway 34, Drake, CO 80515

$5,400,000 - Br/0Ba - for Sale in Drake, Drake

Price: $5,400,000

Baths: 0

Living Area SqFt: 11,140

Status: Active

Lot Size Acres: 35.91

Lot Size SqFt: 1,564,240

Year Built: 1980

Neighborhood: Drake

Days on Website: 449

Courtesy of Keller Williams-DTC {attribution_contact}

Property 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

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

Interior Features
Furnished: Unfurnished

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”

Property Map

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

Street View

Nearby Schools

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