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Land with Home for Sale in Drake, Colorado

122 Elk Way, Drake, CO 80515

$515,000
6 acres
Active sale
Est $2,686/mo

Tucked among the pines of Cedar Park, this charming mountain log home retreat offers both year-round comfort and an ideal holiday getaway. Blending rustic Colorado character with modern conveniences, it captures the lifestyle so many dream of. Step inside to a welcoming living area with a wood stove that adds warmth and mountain charm. A spacious dining room leads into the rustic kitchen, designed for gathering and connection. Enjoy the fresh mountain air from either of the two expansive 24' x 11' decks-one on the main level and the other directly off the primary bedroom-perfect for morning coffee, evening stargazing, or soaking up serene forest views. Wake up in the main bedroom to brilliant natural light and inspiring scenery, complete with a walk-in closet. The walk-out basement provides flexible space for an additional bedroom, family room, or home office. Recent updates include a freshly restained exterior for lasting protection and a serviced furnace for peace of mind. Outside, gather around the fire pit for s'mores and stories under the stars. Practical features such as main floor rough-in bathroom, laundry hookup, in the basement two cisterns (250 & 750 gallons), and a full septic system make mountain living easy. With National Forest access just steps away, you'll find endless opportunities for hiking, wildlife viewing, and seasonal adventures. Just a short drive away, Estes Park welcomes you with its quaint mountain shops, local dining, and breathtaking views that stretch toward the towering face of Longs Peak. From there, step into the splendor of Rocky Mountain National Park, a sanctuary of trails, wildlife, and endless adventure. You've found the ideal blend of seclusion and accessibility. Whether you envision a full-time residence or a peaceful mountain retreat, this property is ready to be the beginning of your next journey.

1,600
Sq feet
2
Beds
1
Full bath
2001
Built

Location

Street address
122 Elk Way
Community
Cedar Park
School district
Thompson R2-J
Elevation
8,493 feet
Coordinates
40.4662, -105.3609

Directions

From Loveland take Highway 34 west towards Drake. At County Road 43, to Storm Mountain , appx 1/3 mile. Continue to Storm Mountain and turn left. Continue appx 3 miles to Elk Way, to sign at 122. Must be accompanied by a Licensed Colorado State Broker. No drive-by's. Please drive posted speed limits This is a residential area with children and wildlife.

Property details

Acreage
6.08 acres
Zoning
E
Access
Private road
MLS #
REcolorado IR1042713
Posted

Property taxes

2024
$2,588

Parcels

  • R0501794

Legal description

Resources

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Terms
Cash, Conventional, FHA, VA Loan
Possession
Closing/DOD

Lot

Vegetation
Grassed, Wooded
Road Frontage
Private Road
Road Surface
Gravel
Exposure
East
View
Mountain(s)
Features
Rock Outcropping, Rolling Slope

Exterior

Horses Allowed
Yes
Outdoor Spaces
Deck

Structure

Type
House
Style
Chalet
Levels
Two
Basement
Bath/Stubbed, Unfinished
Water
Cistern
Sewer
Septic Tank
Heating
Forced Air, Wood Stove
Materials
Log
Roof
Metal
Windows
Double Pane Windows

Interior

Rooms
Bedroom, Dining Room, Kitchen, Living Room, Primary Bathroom Full, Primary Bedroom
Flooring
Wood
Appliances
Oven
Laundry
In Unit
Security
Smoke Detector(s)
Equipment
Satellite Dish
Features
Open Floorplan, Walk-In Closet(s)

Property utilities

CategoryTypeStatus
PowerGridAvailable
SewageSeptic SystemConnected
WaterCisternConnected

Nearby schools

NameTypeDistrict
Big ThompsonElementaryThompson R2-J
Thompson ValleyHighThompson R2-J

Listing history

DateEventPriceChangeSource
Sept 3, 2025New listing$515,000IRES
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This 6.08-acre property is located at 122 Elk Way in Drake, CO 80515. The property is available for sale for $515,000. It has a 1,600 sq ft 2 bedroom, 1 bath house built in 2001.

Checked 2 hours ago — Updated

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REcolorado

Based on information submitted to the MLS GRID as of Apr 19, 2026 3:00 am MT. All data is obtained from various sources and may not have been verified by broker or 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 IDX listings have been excluded from this website. View more

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