CO > Drake > Cedar Pk
Drake, CO 80515,387 Lakeview DR
Drake, CO 80515,387 Lakeview DR
Drake, CO 80515,387 Lakeview DR
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Nick Rizzi

Nick Rizzi

+1(515) 326-1744
$545,000
Est. payment /mo
3 Beds
3 Baths
4.89 Acres Lot
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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Subdivision Cedar Pk

MLS Listing ID IR1022836

Style Chalet

Bedrooms 3

Condo Fees $25

HOA Fees $25/ann

HOA Y/N Yes

Originating Board recolorado

Year Built 2017

Annual Tax Amount $1,915

Tax Year 2024

Lot Size 4.890 Acres

Acres 4.89

Property Sub-Type Single Family Residence

Property Description

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 should finish the upper and middle floor first to speed up "completion", then get a Certificate of Occupancy. Finish the lower level at his/her leisure. Cannot be underwritten without a C.O., hence needs either hard money financing or CASH. I have two quotes from GC's who estimated the build-out and will finish the home.

Location

State CO

County Larimer

Zoning E-SFR

Rooms

Basement Full, Unfinished, Walk-Out Access

Main Level Bedrooms 1

Interior

Interior Features Eat-in Kitchen, Kitchen Island, Pantry, Primary Suite, Vaulted Ceiling(s), Walk-In Closet(s)

Heating Forced Air, Propane

Cooling Central Air

Flooring Wood

Fireplaces Number 1

Fireplace Y

Laundry In Unit

Exterior

Fence Partial

Utilities Available Electricity Available

View Mountain(s), Plains

Roof Type Metal

Building

Lot Description Rock Outcropping, Rolling Slope

Sewer Septic Tank

Water Well

Level or Stories Two

Structure Type Log,Frame

Schools

Elementary Schools Big Thompson

Middle Schools Walt Clark

High Schools Thompson Valley

School District Thompson R2-J

Others

Ownership Individual

Acceptable Financing Cash, FHA

Listing Terms Cash, FHA

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REColorado (REColorado MLS)
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Keller Williams Realty NoCo

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agent

Nick Rizzi

Realtor and Trainer | License ID: FA.100093141

+1(515) 326-1744

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387 Lakeview DR