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387 Lakeview Dr, Drake, CO, 80515

$545,000

Home List Price

$6,472*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,209 SqFt
$247/SqFt
House

Location

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387 Lakeview Dr, Drake$545,000

Buyer Closing Credits

$6,472*

1.25% Loan Amount

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Property Highlights

Year BuiltNew Const., 2015
HeatingForced Air, Wood/Coal
CoolingCentral Air, Ceiling Fan(s)
FireplaceMasonry, Single Fireplace
ViewMountain(s)
MLS #988799
Lot Size4.88 Acres
StatusActive

About 387 Lakeview Dr

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Chalet
  • Year Built: 2015
  • Stories: 3
  • Living Area: 2,209 SqFt

Listing Office:

  • Office Name: Keller Williams Realty NoCo
  • Office Phone: (970) 449-7100
  • Listing Agent: Rich Coccaro

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Wood Floors
  • Interior: Study Area, Satellite Avail, Cathedral/Vaulted Ceilings, Stain/Natural Trim, Walk-In Closet(s), Loft, Kitchen Island, Beamed Ceilings
  • Fireplace: Masonry, Single Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Mountain(s)

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 4.88 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Wood/Coal
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Thompson Valley High School, Public District Grades 9-12
  • Walt Clark Middle School, Public District Grades 6-8
  • Big Thompson Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Go west on Hwy 34 to Drake, Turn R, go 1/4 mile. Turn R, go 2.1 miles to the T. Turn L then take your first R. Go to the bottom of the hill. Property and sign on your L.

Price Information

Listing Price Info

Price Summary:

  • List Price: $545,000
  • Price Per SqFt: $247/SqFt

HOA Fees:

  • Amount: $25
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,444
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Drake, CO.

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Drake, CO

City

Med. Sold Price

$337.5K

Med. Price/SqFt

$366

Avg. Days On Market

82

# of Sold Homes

4

387 Lakeview Dr vs Drake

523 DAYS ON ROCKET

+441 Days

$545,000

+$207.5K More

$247/SqFt

-$119 Less

KEY TAKEAWAY

This property is $207.5K more than the Median Sold Price and $119/SqFt less than other homes in Drake, CO.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: IRES MLS
  • MLS Number: #988799

Listing Office:

  • Office Name: Keller Williams Realty NoCo
  • Office Phone: (970) 449-7100
  • Listing Agent: Rich Coccaro

IDXInformation source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright © 2024 IRES. Information deemed reliable but not guaranteed by the MLS.

Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.

Broker Reciprocity is the current compilation of active listings of all Broker Reciprocity subscribers except those listings where the seller or the seller’s agency has opted out of Internet publication by so indicating on the listing contract or by written notice to the Multiple Listing Service. Real estate listings held by other brokerage firms are included in this site and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 23, 2007Home Sold
$57,750

Tax History

YEARPROP. TAXASSESSMENT
2020$1,444$13,878
2019$976$13,975
2018$1,703$9,072
2017$1,598$17,690

History based on county public records data.

Payment Calculator

$2,790

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,700

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1545734
7
/10

  • Big Thompson Elementary School

  • 7702 West Hwy 34

  • 7.85 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1545735
3
/10

  • Walt Clark Middle School

  • 2605 Carlisle Dr

  • 12.48 miles

  • Public District Grades 6-8

High School

school-card-donut-1545736
5
/10

  • Thompson Valley High School

  • 1669 Eagle Dr

  • 12.89 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,212. Typical income of Drake, CO residents is between $35k-100k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 387 Lakeview Dr

What is the listing price of this property?

The listing price of 387 Lakeview Dr property is $545,000.

What type of property is this?

The property 387 Lakeview Dr is a house located in Drake, Colorado, 80515.

Is this property for sale now?

Active Listing: 387 Lakeview Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 387 Lakeview Dr are:
Big Thompson Elementary School: GreatSchools Rating 7/10
Walt Clark Middle School: GreatSchools Rating 3/10
Thompson Valley High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,444 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 23, 2007 for $57,750. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 387 Lakeview Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 387 Lakeview Dr is 2,209 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 387 Lakeview Dr is 2015.

Rocket Homes›Colorado›Larimer County›Drake›80515›387 Lakeview Dr

This home is located at 387 Lakeview Dr in Drake, CO and zip code 80515. This 2,209 square foot home, which was built in 2015, sits on a 4.88 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 30, 2023 and is currently priced at $545,000.

In October 2024, from all listings sold in Drake, CO there were more than 0 sold above asking price, over 2 sold below and more than 2 were sold right at the asked price. In October 2024 median list price was $337,500 and the average listing age was 82 days.

From Rocket Homes Real Estate and based on county public records data.

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