Cedar Springs Estates Homes under $500,000

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Newest Cedar Springs Estates Homes under $500,000

$475,000

3 Beds ⋅ 2 Baths ⋅ 2718203 MLS ⋅ ACTIVE Status

ATTENTION INVESTORS - CHECK THIS ONE OUT! Fix it Flip it. ***SOLD AS-IS*** Check out the gallery for Virtual Concepts and Ideas to get those creative juices flowing! *** 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.

759 Palisade Mountain Dr, Drake

$280,000

2 Beds ⋅ 1 Baths ⋅ 1056642 MLS ⋅ ACTIVE UNDER CONTRACT Status

Opportunity awaits at this secluded mountain property in Cedar Springs Estates. Situated on 2.19 acres, this 2-bedroom, 1-bath off-grid cabin offers privacy, character, and incredible potential for a buyer willing to invest some work and bring this former paradise back to its full potential. The home is in need of repairs and updating and is being offered in its "as-is" condition, making it well suited for investors or buyers looking to build sweat equity in beautiful mountain surroundings.

263 Badger Ct, Drake

$389,900

3 Beds ⋅ 3 Baths ⋅ 1055445 MLS ⋅ ACTIVE Status

Peaceful mountain escape on over 1.5 acres of natural beauty. Located in Cedar Springs Estates, this mountain retreat offers space, privacy, and a true connection to the outdoors. The open-concept main living area is filled with rich woodwork that creates a cozy, welcoming atmosphere. Classic wood stoves on each floor bring both charm and function, adding warmth throughout the home while enhancing the rustic mountain vibe. The lower level features a large family room, an additional bedroom, and a versatile bonus room that works well as a home office or hobby space. A spacious storage area adds even more functionality. Step outside onto the raised deck and take in sweeping views of the surrounding foothills and occasional wildlife. Surrounded by national forest, the community offers easy access to hiking, wildlife, and endless scenic views, creating a true outdoor lifestyle experience. With quick access to both Estes Park and Loveland, you can enjoy the peace of mountain living while staying connected to nearby amenities and destinations.

291 Palisade Mountain Dr, Drake

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Listings courtesy of Information and Real Estate Services, LLC as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Cedar Springs Estates Homes under $500,000

Newest Cedar Springs Estates Homes under $500,000

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