Drake, CO 80515 387 Lakeview Drive
$545,000
13 more
Presented By: Keller Williams Realty NoCo;
- MLS# IR1022836
- 11/27/2024
Disclaimer: The information contained in this listing has not been verified by LoKation® Real Estate and should be verified by the buyer.
Beds • 3
Baths • 3
SQFT • 2,206
Home Details
Back on the market at no fault of Seller. 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 should finish the upper and middle floor first to speed up "completion", then get a Certificate of Occupancy. Finish the lower level at his/her leisure. This home cannot be financed conventionally. Cash only or through a "hard money" lender. Cannot be underwritten without a C.O., hence needs either hard money financing or CASH. I have two quotes from GC's who estimated the build-out and will finish the home.
Presented By: Keller Williams Realty NoCo;
Interior Features for 387 Lakeview Drive
Bedrooms
Main Level Bedrooms1
Total Bedrooms3
Bathrooms
Total Baths3
Other Interior Features
BasementFull, Unfinished, Walk-Out Access
Basement (Y/N)Yes
FlooringWood
Interior AmenitiesEat-in Kitchen, Kitchen Island, Pantry, Primary Suite, Vaulted Ceiling(s), Walk-In Closet(s)
Laundry FeaturesIn Unit
Total Fireplaces1
General for 387 Lakeview Drive
Architectural StyleChalet
Assoc Fee Paid PerAnnually
Association Fee IncludesReserves
Association NameCedar Park HOA 970-429-5350
CityDrake
ConcessionsNo
Construction MaterialsLog, Frame
CoolingCentral Air
CountyLarimer
DirectionsGo west on Hwy 34 to Drake, Turn R, go 1/4 mile. Turn R, go 2.1 miles to the T. Turn L then take your first R. Go to the bottom of the hill. Property and sign on your L.
Elementary SchoolBig Thompson
Elementary School DistrictThompson R2-J
ExclusionsNONE
Facing DirectionSouth
HOAYes
HOA Fee$25
HeatingForced Air, Propane
High SchoolThompson Valley
High School DistrictThompson R2-J
LevelsTwo
Listing TermsCash, FHA
Lot Size Square Feet213008
Middle/Junior High SchoolWalt Clark
Occupancy TypeOwner
OwnershipIndividual
Possible UseAgricultural, Livestock, Residential
Property ConditionUnder Construction
Property SubtypeSingle Family Residence
Property TypeResidential
RoofMetal
SewerSeptic Tank
Standard StatusActive
StatusActive
Structure TypeHouse
Subdivision NameCEDAR PK
Tax Annual Amount1915
Tax Year2024
UtilitiesElectricity Available
ViewMountain(s), Plains
Year Built2017
ZoningE-SFR
Exterior for 387 Lakeview Drive
Builder ModelThe Glacier
Building Area Total2206
FencingPartial
Horse Y/NYes
Lot FeaturesRock Outcropping, Rolling Slope
Lot Size Acres4.89
Road Frontage TypePrivate Road, Public
Road ResponsibilityPrivate Maintained Road, Public Maintained Road
Road Surface TypeGravel
Total Parking0
VegetationGrassed, Wooded
Water SourceWell
Additional Details
Price History
Schools
High School
Thompson Valley High School
Middle School
Walt Clark Middle School
Elementary School
Big Thompson Elementary School
Dan Johnson
Senior Real Estate Advisor
