1. Overview
  2. Location
  3. Interior
  4. Exterior
  5. Property
  6. Schools
  7. Tax
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Status: Active

457 Spruce Mtn Dr 
Drake, CO 80515

1% Drop

$645,000

$639,000

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Seller willing to contribute some for rate buy down! Escape to Mountain Tranquility with Lake Adventures & Possible Income Potential! Nestled on the scenic slopes of Cedar Springs Estates on Storm Mountain in Drake, CO, this charming 3-bedroom, 2-bath mtn home offers more than just breathtaking views and unmatched privacy-it opens the door to a lifestyle filled with lakeside leisure and possible investment opportunities. Set on over 3.5 acres, this serene retreat is surrounded by towering pines and the tranquil sounds of nature, creating a perfect haven for outdoor enthusiasts and those seeking solitude. Just minutes away, Cedar Springs Reservoir beckons with opportunities for fishing, paddle boarding and peaceful reflection by the waters edge-making your days truly unforgettable. Step inside to an inviting open floor plan where rustic charm meets comfort. A spacious kitchen with ample cabinetry flows beautifully into the informal dining area and cozy family room-all wrapped in picturesque mountain views. A full bath completes the main level. Upstairs, three well-appointed bedrooms share a full bath and feature access to the upper-level deck, ideal for catching the sunrise or relaxing under the stars. The loft offers flexible space for a home office, reading nook, or flex area. Outside, the new expansive 750 sqft deck is perfect for entertaining, morning coffee, or stargazing. The unfinished walk-out bsmt holds incredible potential to expand your living space or customize to your dreams. An oversized detached two-car garage adds convenience and storage. Whether you're seeking a weekend getaway, a full-time mountain residence, or the opportunity to start up a VRBO or Airbnb investment, look no further. With natural beauty and outdoor activities that draw guests year-round, your slice of the Rockies can double as a retreat & revenue stream with approx. 4 million visitors a year to Rocky Mtn National Park. Just 40 minutes from Estes Park, Loveland, Carter Lake & more.
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Bedrooms
3
Baths
2
House Size
1,650 sqft
Year Built
1983
Lot Size
3.52 ac
School District
Thompson R2-J

Location

Market Insights

In the last 30 days, homes for sale in 80515, Drake, CO were on the market for a median of 91 days and 0% of homes sold above list price.

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Interior Information

appliances
Dishwasher
Disposal
Oven
Refrigerator
basement
Full
Unfinished
Walk-out Access
cooling
Ceiling Fan(s)
features
Eat-in Kitchen
Open Floorplan
heating
Baseboard
laundry features
In Unit
window features
Double Pane Windows
Skylight(s)
Window Coverings

Exterior Information

features
Balcony
fence
Fenced
patio and porch
Deck
road responsibility
Private Maintained Road
road surface
Dirt
roof
Composition

Property Information

construction
Frame
Wood Siding
lot
Sloped
Wooded
Rolling Slope
parking
Oversized
security features
Smoke Detector(s)
sewer
Septic Tank
subdivision name
Cedar Spgs Estates
utilities
Electricity Available
water source
Private
Well
  • Listed By Lisa Lovely
  • (303) 880-0599
  • Coldwell Banker Realty-N Metro
  • (303) 235-0400
  • MLS IR1034357

Tax History

Date

Property Tax

Land

Additions

Tax Assessment

2024$3,648 (+2.6%)$57,000$515,700$572,700 (0%)
2023$3,555 (+28.9%)$57,000$515,700$572,700 (+50.1%)
2022$2,757 (0%)$36,200$345,400$381,600 (0%)
2021$2,757 (-2.4%)$36,200$345,400$381,600 (+1%)
2020$2,826$33,000$344,700$377,700

Tax data provied by Attom


Monthly Payments Calculator

Estimated Monthly Cost

$3,871

30 year fixed·6.9% interest rate
Principal & Interest
$3,367
Property Taxes
$304
Home Insurance
$200
HOA Fees
$0
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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