28 Sly Fox RD new to site

Drake,CO 80515

$ 650000

2 Beds

1 Bath

1178 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,178 sqft

Price per Sqft $551

MLS Listing ID IR1043801

Style Cottage

Bedrooms 2

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 1,178

Year Built 1969

Annual Tax Amount $3,058

Tax Year 2024

Lot Size 0.389 Acres

Acres 0.39

Property Sub-Type Single Family Residence

Source recolorado

Property Description

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!

Location

State CO

County Larimer

Zoning O

Rooms

Basement None

Main Level Bedrooms 2

Interior

Interior Features Eat-in Kitchen,Kitchen Island,No Stairs,Open Floorplan,Pantry,Walk-In Closet(s)

Heating Forced Air,Propane,Wood Stove

Cooling Ceiling Fan(s)

Fireplaces Type Insert,Living Room

Equipment Satellite Dish

Fireplace N

Appliance Dishwasher,Dryer,Microwave,Oven,Refrigerator,Washer

Laundry In Unit

Exterior

Parking Features Oversized

Garage Spaces 2.0

Utilities Available Electricity Available,Internet Access (Wired)

View Mountain(s)

Roof Type Composition

Total Parking Spaces 2

Building

Lot Description Borders National Forest,Rock Outcropping,Rolling Slope

Sewer Septic Tank

Water Well

Level or Stories One

Structure Type Log,Frame,Wood Siding

Schools

Elementary Schools Estes Park

Middle Schools Estes Park

High Schools Estes Park

School District Estes Park R-3

Others

Ownership Agent Owner

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

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