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 8779386

Style Bungalow,Cottage

Bedrooms 2

Full Baths 1

Year Built 1969

Annual Tax Amount $3,058

Tax Year 2024

Lot Size 0.390 Acres

Property Sub-Type Single Family Residence

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

Interior

Heating Electric,Forced Air,Wood Stove

Cooling Other

Flooring Vinyl

Fireplaces Type Insert,Living Room

Laundry In Unit

Exterior

Parking Features Concrete

Garage Spaces 2.0

Fence None

Utilities Available Cable Available,Electricity Connected,Propane

Roof Type Composition

Building

Lot Description Many Trees

Sewer Public Sewer

Water Well

Structure Type Log,Wood Siding

Schools

Elementary Schools Estes Park

Middle Schools Estes Park

High Schools Estes Park

School District Estes Park R-3

Others

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

Special Listing Condition None

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