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For sale
  • Price cut: $10K (7/14)
    $865,000

    773 Drake Ave, Erie, CO 80516

    5beds
    4,139sqft
    : 
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    Single Family Residence
    Built in 2019
    6,430 Square Feet Lot
    $855,000 Zestimate®
    $209/sqft
    $70/mo HOA

    What's special

    Dramatic stacked stone fireplaceFinished basementBeautifully designed spacesPrivate hot tubGrand family roomCovered back porchPrivate primary suite
    Interest Rate buydown available! Some homes simply feel different the moment you walk through the door. This is one of them. Thoughtfully customized throughout, this exceptional residence offers 5 bedrooms, 5 full bathrooms, and beautifully designed spaces that effortlessly blend elegance with functionality.The heart of the home is a stunning chef's kitchen, perfect for gathering with family and friends, flowing seamlessly into the grand family room anchored by a dramatic stacked stone fireplace. Upstairs, a spacious loft provides the ideal playroom, media room, or flexible living space to fit your lifestyle.The private primary suite is a true retreat, featuring a spa-inspired en suite bathroom and expansive his-and-hers walk-in closets designed for both comfort and convenience. A secondary bedroom also enjoys its own en suite bathroom and walk-in closet, offering privacy and flexibility for guests, multigenerational living, or growing families.The finished basement creates the ultimate entertainment destination with ample space for movie nights, game days, fitness, or recreation, and features a large bedroom and private bathroom for guests. Outside, enjoy Colorado living at its finest from the covered back porch, then unwind beneath the stars in your private hot tub.Perfectly situated next to a park and within the highly regarded Boulder Valley School District, this home offers an unbeatable combination of location and lifestyle. Just minutes from shopping, dining, trails, and everyday conveniences, you'll enjoy the best of both connection and retreat.From cozy evenings by the fire to celebrations with loved ones, this remarkable home is designed to be the backdrop for life's most meaningful moments. Welcome home!
    49 days
    |
    739
    |
    57
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    April Price 888-440-2724,

    eXp Realty LLC

    Source: IRES as distributed by MLS GRID,MLS#: 1060294MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 5
      • Main level bathrooms: 1
      Primary bedroom
      • Description: Carpet
      • Level: Upper
      • Area: 400 Square Feet
      • Dimensions: 20 x 20
      Bedroom 2
      • Description: Carpet
      • Level: Upper
      Bedroom 3
      • Description: Carpet
      • Level: Upper
      Bedroom 4
      • Description: Carpet
      • Level: Main
      Bedroom 5
      • Description: Carpet
      • Level: Basement
      Kitchen
      • Description: Engineered Hardwood
      • Level: Main
      • Area: 450 Square Feet
      • Dimensions: 15 x 30
      Laundry
      • Description: Tile
      • Level: Upper
      Living room
      • Description: Engineered Hardwood
      • Level: Main
      Recreation room
      • Description: Luxury Vinyl
      • Level: Basement
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Electric Range, Dishwasher, Refrigerator, Microwave, Disposal
      Features
      • Basement: Partially Finished
      Interior area
      • Total structure area: 2,872
      • Total interior livable area: 4,139 sqft
      • Finished area above ground: 2,872
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Attached garage spaces: 2
      • Details: Attached
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Sprinkler System
      • Spa features: Heated
      Lot
      • Size: 6,430 Square Feet
      Details
      • Parcel number: R0610089
      • Zoning: RES
      • Special conditions: Private Owner

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame, Vinyl Siding
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2019

      Utilities & green energy

      • Electric: Xcel, Photovoltaics Third-Party Owned
      • Water: City
      • Utilities for property: Electricity Available

      Community & HOA

      Community
      • Security: Fire Alarm
      • Subdivision: Compass Flg 3 Amd 1
      HOA
      • Has HOA: Yes
      • HOA fee: $70 monthly
      • HOA name: Advanced HOA
      Location
      • Region: Erie

      Financial & listing details

      • Price per square foot: $209/sqft
      • Tax assessed value: $869,500
      • Annual tax amount: $9,149
      • Date on market: 5/28/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Exclusions: Sellers Personal Property, trampoline, clothes washer/dryer
      • Electric utility on property: Yes

        Estimated market value

        $855,000

        $812,000 - $898,000

        $3,895/mo

        Price history

        DateEventPrice
        7/14/2026Price change$865,000-1.1%$209/sqft
        Source: REcolorado as distributed by MLS GRID #4801233 Report a problem
        6/20/2026Price change$875,000-1.1%$211/sqft
        Source: REcolorado as distributed by MLS GRID #4801233 Report a problem
        6/16/2026Price change$885,000-0.4%$214/sqft
        Source: REcolorado as distributed by MLS GRID #4801233 Report a problem
        6/12/2026Price change$889,000-0.7%$215/sqft
        Source: IRES as distributed by MLS GRID #1060294 Report a problem
        6/6/2026Price change$895,000-3.2%$216/sqft
        Source: REcolorado as distributed by MLS GRID #IR1060294 Report a problem
        5/28/2026Listed for sale$925,000+60.9%$223/sqft
        Source: IRES as distributed by MLS GRID #1060294 Report a problem
        12/13/2019Sold$574,820$139/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,101 +1%$54,344 -9.6%
        2024$9,015 +31.4%$60,099 -1%
        2023$6,861 -0.7%$60,682 +43.1%
        2022$6,911 +5.4%$42,395 -2.8%
        2021$6,556 $43,615 +9.3%
        2020$6,556 +1890.5%$39,890 +154.7%
        2019$329 $15,660 +682.6%
        2018$329 $2,001
        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: 80516

        Getting around

        12 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Meadowlark K-8
        • Middle: Meadowlark K-8
        • High: Centaurus

        Source: IRES 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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