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For sale
  • $475,000

    759 Palisade Mountain Drive, Drake, CO 80515

    3beds
    2,192sqft
    : 
    $2,891/mo
    Get pre-qualified
    Single Family Residence
    Built in 1987
    0.78 Acres Lot
    $-- Zestimate®
    $217/sqft
    $-- HOA

    What's special

    ATTENTION INVESTORS - CHECK THIS ONE OUT! Fix it Flip it. ***SOLD AS-IS*** Set high above the canyon in scenic Drake, this property offers an incredible opportunity to create something truly special. This amazing opportunity also has the possibility of a VA Assumable Loan at 2.5%! Reach out for more details. Situated on nearly 0.8 acres, the home captures breathtaking mountain views and a setting that feels like you are perched on top of the world. Surrounded by dramatic rock outcroppings, open skies, and the peaceful beauty of the Colorado mountains, this is the kind of property buyers dream about finding. With 2,192 finished square feet, attached 3-car garage, generous outdoor living areas, and a layout designed to take advantage of the views, the potential here is undeniable. The home is ready for updates, making it an ideal opportunity for investors, flippers, or buyers looking to create their own mountain retreat exactly the way they want it. Renovated homes in the area have supported values into the 700s, giving buyers the chance to add significant value while creating a one-of-a-kind property. Whether you envision a full-time residence, weekend getaway, second home, or vacation rental, this is a rare opportunity to invest in both the property and the incredible lifestyle that comes with it. Located between Loveland and Estes Park, Drake is known for its secluded mountain setting, scenic drives, proximity to the Big Thompson River, and easy access to Rocky Mountain National Park, hiking, fishing, and wildlife viewing. If you are looking for a property with unmatched views, privacy, and upside potential, this home is is ready for its next chapter.
    53 days
    |
    1,186
    |
    71
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Grant Dolby 720-515-1802 denverseek@gmail.com,

    Dolby Haas,

    Misty Glover 720-357-0437,

    Dolby Haas

    Source: REcolorado as distributed by MLS GRID,MLS#: 2718203MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 1
      • Main level bedrooms: 2
      Bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bedroom
      • Level: Basement
      Bathroom
      • Level: Main
      Bathroom
      • Level: Basement
      Heating
      • Baseboard, Electric, Propane
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Dryer, Oven, Refrigerator, Washer
      Features
      • Ceiling Fan(s)
      • Flooring: Carpet, Laminate
      • Basement: Finished
      • Has fireplace: Yes
      • Fireplace features: Free Standing, Gas, Living Room
      Interior area
      • Total structure area: 2,192
      • Total interior livable area: 2,192 sqft
      • Finished area above ground: 1,680
      • Finished area below ground: 512
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage - Attached
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck
      • Fencing: Full
      Lot
      • Size: 0.78 Acres
      • Features: Corner Lot, Level
      Details
      • Parcel number: R0466786
      • Zoning: O
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Modular
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Fixer
      • Year built: 1987

      Utilities & green energy

      • Water: Well
      • Utilities for property: Electricity Connected, Propane

      Community & HOA

      Community
      • Subdivision: Cedar Springs Estates
      HOA
      • Has HOA: No
      Location
      • Region: Drake

      Financial & listing details

      • Price per square foot: $217/sqft
      • Tax assessed value: $461,700
      • Annual tax amount: $3,117
      • Date on market: 6/9/2026
      • Listing terms: 1031 Exchange,Cash,Conventional,FHA,Assumable,VA Loan
      • Exclusions: Seller's Personal Property
      • Ownership: Individual
      • Electric utility on property: Yes
      • Road surface type: Dirt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/9/2026Listed for sale$475,000$217/sqft
        Source: My State MLS #11693349 Report a problem
        5/26/2026Contingent$475,000$217/sqft
        Source: My State MLS #11693349 Report a problem
        4/16/2026Listed for sale$475,000+80.6%$217/sqft
        Source: My State MLS #11693349 Report a problem
        7/22/2016Sold$263,000-4.4%$120/sqft
        Source: IRES as distributed by MLS GRID #768292 Report a problem
        4/26/2016Pending sale$275,000$125/sqft
        Source: The Group Inc. #768292 Report a problem
        2/20/2016Price change$275,000-3.5%$125/sqft
        Source: The Group Inc. #768292 Report a problem
        11/29/2015Price change$285,000-5%$130/sqft
        Source: The Group Inc. #768292 Report a problem
        10/22/2015Price change$300,000-4.8%$137/sqft
        Source: The Group Inc. #768292 Report a problem
        7/2/2015Listed for sale$315,000$144/sqft
        Source: Group Loveland #768292 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,117 +4.8%$28,856 -9.7%
        2024$2,974 +23.7%$31,959 -1%
        2023$2,405 -2.4%$32,269 +39.5%
        2022$2,465 -7.1%$23,130 -2.8%
        2021$2,652 +1.3%$23,795 -6.7%
        2020$2,618 +19.8%$25,497 -0.7%
        2019$2,184 $25,675 +26.5%
        2018$2,184 $20,297
        2017$2,184 +11.8%$20,297 +31.6%
        2016$1,954 +160.1%$15,418 0%
        2015$751 +6.3%$15,420 +4.9%
        2014$706 $14,700 -6%
        2013-- $15,640 -11.1%
        2012-- $17,600
        2011-- $17,600 -20.3%
        2010-- $22,080
        2009-- $22,080 +148.9%
        2008-- $8,870
        2007-- $8,870 +37.5%
        2006-- $6,450 -50%
        2005-- $12,900 -16.8%
        2004-- $15,510 -3.4%
        2002-- $16,060 -16.3%
        2001-- $19,180
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 80515

        Getting around

        0 / 100
        Car-Dependent
        5 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Big Thompson
        • Middle: Walt Clark
        • High: Thompson Valley
        • District: Thompson R2-J

        Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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