2391 W US Highway 34, Drake, CO 80515

$365,000 Asking Price

2 beds
1 bath
928  sqft
Built in 1930

This home is an excellent investment as a Long Term Rental with years of history with high demand. If you're looking for a starter home or retirement home, it's also a great match! It's very quaint and charming, with a large living room, open kitchen, bedroom & newly remodeled bathroom on the main level. New stainless steel refrigerator, microwave & countertops. Upstairs is a 2nd bedroom with lots of storage! This home has been completely updated with ceiling fans & modern lighting. All windows are double pane and it was recently insulated to ensure warmth! The bathroom has a new shower and toilet, both of which are low-flow to save water. All new carpet and fresh paint throughout. There is a 1500 gallon septic vault. Well water with UV filter installed and an owner-owned propane tank. A Jotul gas stove (very reliable with a long life and recently serviced) heats the home comfortably & there is central heat as well. The home is fully fenced to provide privacy & a pet-friendly area. The deck has new maintenance-free Trex decking and is partially covered with amazing rock out-croppings. The cabin has been rewired and replumbed. It was used as a long-term rental for many years & provided a steady income. No problems with renting because there are very few long term rentals in the area & demand far exceeds the supply. Home is conveniently located on Highway 34, only 3 miles to Estes Park. Loveland and Longmont are about a 30 minute drive. Fishing on the Big Thompson River is very close. This is a mountain retreat providing endless relaxation for your enjoyment. Come see it today!


Features & Amenities

Interior

General:
Eat-in Kitchen, Kitchen Island
Appliances:
Double Oven, Microwave, Oven, Refrigerator
Basement:
Partial, Unfinished
A/C:
Ceiling Fan
Heating:
Forced Air, Propane
Fireplace:
Gas, Gas Log, Living Room

Exterior

Other Structures:
Deck
Parking:
Parking spaces: 0

Construction

Roofing:
Composition
Windows:
Double Pane Windows
General:
One

Location

Road/Access:
Public
Originating MLS:
recolorado
School District:
Estes Park R-3
County:
Larimer

Lot

Zoning:
O, BEG AT PT ON N BANK BIG T CREEK 200 FT W & 45 FT S OF SE COR OF SW 1/4 OF SE 1/4 15-5-72, TH N 157 FT, W 50 FT, S 158 FT TO N BANK OF BIG T CREEK, TH NERLY TPOB; LESS POR LY S OF N LN HWY DESC IN 680, R0552739
Fencing:
Fenced

Utilities

Utilities:
Electricity Available, Internet Access (Wired)
Water:
Well

Financial

Source:
recolorado
Ownership:
Individual
Buyers Agent Compensation:
3.00 %

This listing courtesy of:
eXp Realty - Inspired Living Group, Joy Basia

About Drake, CO

Housing

Number of Units
854
Median Home Value
$466,195
Median Rent
$909

17.73% of housing units are renter occupied.

44.62% are vacant.

Commute

Car
46.35%
Public Transportation
0.34%
Walk to Work
0.00%
Work from Home
51.43%
Other
1.88%

The median travel time to work is 14 minutes.

People

Population
1,027
Median Age
55.90
Median Household Size
2.40

Education

High School
12.94%
Associate’s Degree
14.76%
Bachelor’s Degree
25.28%
Graduate Degree
20.58%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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