$480,000

519 Palisade Mountain Dr Drake, CO 80515

Estimated payment $2,970/month

Total Views 620
1 Bed
1.5 Baths
1,024 Sq Ft
$469 Price per Sq Ft

Highlights

  • Parking available for a boat
  • Horses Allowed On Property
  • Open Floorplan
  • Big Thompson Elementary School Rated A-
  • Spa
  • Mountain View

About This Home

Welcome to your dream mountain getaway in the heart of Drake, Colorado-perfectly situated between Loveland and Estes Park. This charming and updated mountain home sits on 1.48 acres of level land, ideal for horses, dogs, gardening, or simply enjoying wide-open space. Surrounded by stunning views-including Longs Peak, Palisade Mtn, and Storm Mtn., visible from your porch, living room, and bedroom. This home blends rustic charm with modern comfort. Located in the scenic, off-road friendly town of Drake, this home is minutes from Storm Mountain, a favorite for four-wheel drives, dirt bikes, and hikers alike. The area is rich with outdoor adventures and a welcoming mountain community. Some neighbors have operated STRs (Short-Term Rentals)-check with Larimer County for permitting. Already a spacious and comfortable one-bedroom, the septic is sized for two bedrooms-offering future expansion potential. See video at

Listing Agent

Steve Baumgaertner

C3 Real Estate Solutions, LLC

C3 Real Estate Solutions, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,343

Year Built

  • Built in 1983

Lot Details

  • 1.48 Acre Lot
  • Dirt Road
  • Open Space
  • East Facing Home
  • Kennel or Dog Run
  • Wire Fence
  • Level Lot
  • Meadow
  • Landscaped with Trees

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Parking available for a boat

Home Design

  • Cabin
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Painted or Stained Flooring
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Primary bathroom on main floor

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Accessible Home Design

  • Garage doors are at least 85 inches wide
  • No Interior Steps
  • Accessible Approach with Ramp

Outdoor Features

  • Spa
  • Deck
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding

Schools

  • Big Thompson Elementary School
  • Clark Middle School
  • Thompson Valley High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Grass Field

Utilities

  • Cooling Available
  • No Heating
  • Propane

Community Details

  • Association fees include management
  • Cedar Springs Improvement Assc Association
  • Cedar Spgs Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0466271

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,343

Year Built

Built in 1983

Lot Details

0

HOA Fees

$4 per month

Parking

3

Listing Details

  • Inclusions: Window Coverings,Gas Range/Oven,Double Oven,Dishwasher,Refrigerator,Microwave
  • Year Built: 1983
  • Property Sub Type: Residential-Detached
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 1.48
  • Road Frontage Type: Priv Rd up to County Standards
  • Road Surface Type: Dirt
  • Subdivision Name: Cedar Spgs Estates
  • Above Grade Finished Sq Ft: 1024
  • Architectural Style: Cabin, Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Kitchen Level: Main
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Single Family, Farm
  • Private Spa: No
  • Appliances: Gas Range/Oven, Double Oven, Dishwasher, Refrigerator, Microwave
  • Accessibility Features: Accessible Approach with Ramp, Level Lot, No Stairs, Main Floor Bath, Main Level Bedroom, Main Level Laundry
  • Has Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: 2+ Fireplaces, Gas, Living Room, Primary Bedroom
  • Fireplace: Yes
  • Interior Amenities: Eat-in Kitchen, Open Floorplan, Pantry, Walk-In Closet(s)
  • Living Area: 1024
  • Main Level Bathrooms: 2
  • Window Features: Window Coverings, Double Pane Windows
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 17
  • Master Bedroom Features: Luxury Vinyl Floor
  • Room Kitchen Features: Luxury Vinyl Floor
  • Room Living Room Area: 340
  • Living Room Features: Luxury Vinyl Floor
  • Room Kitchen Area: 132
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 323
  • ResoLivingAreaSource: Other

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wire
  • Lot Features: Level, Sloped, Abuts Private Open Space, Meadow
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No
  • Disclosures: Seller's Property Disclosure
  • Home Warranty: No
  • Construction Type: Wood/Frame, Wood Siding, Cedar/Redwood, Painted/Stained
  • Direction Faces: East
  • Exterior Features: Hot Tub Included
  • Other Structures: Kennel/Dog Run, Workshop, Storage, Outbuildings
  • Patio And Porch Features: Deck
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: RV/Boat Parking, >8' Garage Door
  • IRESDS_Garage Sq Ft: 1040
  • IRESDS_GarageType: Detached

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: None
  • Utilities: Propane
  • Laundry Features: Washer/Dryer Hookups, Main Level
  • Cooling Y N: Yes
  • Heating Yn: No
  • Electricity On Property: No
  • Water Source: Well

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Senior Community: No
  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Association Name: Cedar Springs Improvement Assc
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Big Thompson
  • HighSchool: Thompson Valley
  • Junior High Dist: Thompson R2-J
  • Middle Or Junior School: Clark (Walt)

Lot Info

  • Zoning: O
  • Current Use: Horses
  • Lot Size Sq Ft: 64487
  • Parcel #: R0466271
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3343

Multi Family

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,343 $35,463 $3,819 $31,644
2024 $1,906 $22,284 $3,819 $18,465
2022 $1,543 $14,838 $2,516 $12,322
2021 $1,581 $15,265 $2,588 $12,677
2020 $1,079 $10,368 $2,360 $8,008
2019 $1,064 $10,368 $2,360 $8,008
2018 $1,101 $10,231 $2,052 $8,179
2017 $985 $10,231 $2,052 $8,179
2016 $985 $10,013 $1,751 $8,262
2015 $976 $10,010 $1,750 $8,260
2014 $871 $9,060 $2,070 $6,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 For Sale $480,000 +42.9% $469 / Sq Ft
04/28/2022 04/28/22 Off Market $336,000 -- --
01/28/2021 01/28/21 Sold $336,000 -0.9% $583 / Sq Ft
11/05/2020 11/05/20 Price Changed $339,000 -0.3% $589 / Sq Ft
10/12/2020 10/12/20 Price Changed $340,000 -2.9% $590 / Sq Ft
09/25/2020 09/25/20 For Sale $350,000 -- $608 / Sq Ft
Source: IRES MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $336,000 Ascent Escrow & Title
Quit Claim Deed -- --
Warranty Deed $18,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $80,000 Credit Line Revolving
Closed $50,000 Credit Line Revolving
Open $150,000 New Conventional
Source: Public Records

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Source: IRES MLS

MLS Number: 1034706

IRES MLS

APN: 16263-19-013