Incredible Investment Opportunity in Drake, CO! This 2-bedroom, 1-bath cabin with a 2-car garage sits right above the Big Thompson River - the ultimate Colorado mountain escape. Even better, it generated $99,000 in gross rental income over the past 12 months with a transferable Larimer County VH permit! Guests love the large deck overlooking the river, complete with a private hot tub for soaking under the Colorado stars. With no HOA, you can self-manage to maximize profits. Wildlife is a daily treat, with elk, deer, and more often passing through, situated half way between Loveland and Estes Park. Rocky Mountain National Park, and downtown shops and dining are just minutes away. Inside, the cabin offers cozy charm with everything needed for unforgettable stays. The rare 2-car garage provides extra storage for vehicles, gear, or owner use. Whether you're looking for a high-performing short-term rental or a riverfront retreat that pays for itself, this one is not to be missed!
Utility FeaturesElectricity Available, Propane, Cable Available
SEWERCity Sewer, Public Sewer
WATER SOURCEWell
Year Built1969
ARCHITECTURAL STYLECottage/Bung, Ranch
RoofComposition
Lot FeaturesWooded
Garage spaces2
CITYDrake
SUBDIVISIONNONE
COUNTYLarimer
AREAEstes Park
STATECO
SENIOR COMMUNITYNo
TAX AMOUNT3058.0
LATEST UPDATE2025-09-28T23:40:20.155Z
DAYS ON MARKET11
PRICE CHANGE(S)
$650,000 Sep 18, 2025
CUMULATIVE DAYS ON MARKET11
Market Trends
New Properties On Market
10
67%
Increase In New Listings
Average Asking Price
$338,990
$126,510 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$297
$13 Increase In List Price/Sq. Ft.
Average Days On Market
16
30 Day
Decrease In Days On Market
Data as of Oct 11, 2025.
Remaining statistics above are calculated on activity within the period from Aug 01, 2025 to Sep 30, 2025.
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