
Residential Land for Sale in Drake, Colorado
981 Palisade Mountain Dr, Drake, CO 80515
This nearly one-acre mountain parcel offers sweeping views of the Continental Divide, including Long's Peak and portions of the Never Summers. A high-producing well has already been drilled, there is a vault waste system currently installed and approved for two bedrooms, electricity is to the property, and the homesite has been graded with minimal prep required. The property showcases dramatic rock outcroppings, breathtaking mountain vistas, and easy access to outdoor recreation. Nearby trails on Palisade and Storm Mountain provide opportunities for hiking, jeeping, side-by-sides, and more, while trout fishing can be enjoyed along the nearby Big Thompson River. Within the community, residents also have access to a private lake where fishing and non-motorized boating are allowed. A home once stood here but was lost in the Alexander Mountain Fire of 2024, leaving behind a ready-to-build site with utilities already in place. Whether you're envisioning a mountain retreat or a full-time residence, this property is primed for your dream home.
- Listed by Steve Baumgaertner, (970) 988-8725, C3 Real Estate Solutions
Location
- Street address
- 981 Palisade Mountain Dr
- County
- Larimer County
- Community
- Cedar SPGS Estates
- School district
- Thompson R2-J
- Elevation
- 7,322 feet
Property details
- Lot size
- 0.81 acres35,284 sq ft
- Zoning
- O
- Access
- Private road
- MLS #
- REcolorado IR1049024
- Posted
Property taxes
- 2024
- $1,481
Expenses
- Homeowner Association Fee
- $53 annually
Parcels
- R0466964
Legal description
LOT 23, BLK 3, CEDAR SPRINGS EST 4TH
Details and features
Listing
- Type
- Land
- Subtype
- Improved Land
- Possible Use
- Residential
- Terms
- Cash, Conventional, FHA, VA Loan
- Possession
- Closing/DOD
Lot
- Vegetation
- Grassed
- Road Frontage
- Private Road
- Road Surface
- Dirt
- View
- Mountain(s), Plains
- Well Permits
- 205261-A
- Rights
- Water Rights
- Features
- Rock Outcropping, Rolling Slope
Exterior
- Horses Allowed
- Yes
Structure
- Water
- Well
- Sewer
- Septic Tank
Property utilities
| Category | Type | Status |
|---|---|---|
| Sewage | Septic System | Available |
| Water | Private Well | Available |
Nearby schools
| Name | Type | District |
|---|---|---|
| Big Thompson | Elementary | Thompson R2-J |
| Thompson Valley | High | Thompson R2-J |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 6, 2026 | New listing | $150,000 | — | IRES |



























