$545,000
Active
58 Days Online
3 Beds3 Baths2,209 SQFT
Active

387 Lakeview Drive Drake, CO 80515

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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 Construction Mortgage. Current systems completed and in place: electrical (including two (2) power poles), plumbing, HVAC, well, septic, underground utilities to house. ARV estimated at $1.15M upon completion (TBD). Estimated (written proposal) completion budget of no greater than $190, 000: drywall (limited amount), flooring, cabinetry, finish carpentry, countertops, concrete flatwork. Estimate to finish in hand ($190, 000)

  • Property TypeSingle Family Home
  • NeighborhoodCedar Park
  • CountyLarimer
  • Taxes$0
  • HOA/Condo/Coop Fees$2
  • Days on Site58 Days
  • MLS StatusActive
  • MLS ID NumberIR988799
  • Home Size Source Plans
  • Year Built2015
  • Lot Size4.88 Acres
  • Full Baths2
  • Partial Baths1

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General Features

  • Style Chalet
  • Construction ConcreteLog
  • Parking Spaces 0
  • Sewer Septic Tank
  • Basement Bath/ StubbedNone
  • Number of Stories Three Or More
  • Acreage 4.88
  • Property Sub Type Single Family Residence
  • Utilities Electricity Available
  • Zoning ESTATE
  • Property Condition New Construction
  • Direction Faces East

Interior Features

  • Cooling Ceiling Fan(s)Central Air
  • Heating Forced AirPropaneSolar
  • Flooring Wood
  • Interior Kitchen IslandVaulted Ceiling(s)Walk-In Closet(s)
  • Fireplaces 1
  • Fireplace Features Other
  • Laundry Features In Unit
  • Window Features Double Pane Windows
  • Fireplace Yes

Exterior Features

  • Roof Metal
  • View Mountain(s)Plains
  • Fencing FencedPartial
  • Spa No
  • Waterfront Property No
  • Lot Flood Zone
  • Patio And Porch Deck
  • Road Frontage Private Road

Community Features

  • Association Dues 25

Schools

School District
Thompson R2-J
Elementary School
Big Thompson
Middle School
Walt Clark
High School
Thompson Valley

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Monthly Payment (Est.)

$2,739
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