Incredible Investment Opportunity in Drake, CO! This 2-bedroom, 1-bath cabin with a 2-car garage sits right above the Big Thompson River - the ultimate Colorado mountain escape. Even better, it generated $99,000 in gross rental income over the past 12 months with a transferable Larimer County VH permit! Guests love the large deck overlooking the river, complete with a private hot tub for soaking under the Colorado stars. With no HOA, you can self-manage to maximize profits. Wildlife is a daily treat, with elk, deer, and more often passing through, situated half way between Loveland and Estes Park. Rocky Mountain National Park, and downtown shops and dining are just minutes away. Inside, the cabin offers cozy charm with everything needed for unforgettable stays. The rare 2-car garage provides extra storage for vehicles, gear, or owner use. Whether you're looking for a high-performing short-term rental or a riverfront retreat that pays for itself, this one is not to be missed!
Sold for $625,000 on 12/12/25
$625,000
28 Sly Fox Rd, Drake, CO 80515
2beds
1,178sqft
Residential-Detached, Residential
Built in 1969
0.39 Acres Lot
$625,200 Zestimate®
$531/sqft
$2,084 Estimated rent
Home value
$625,200
$594,000 - $656,000
$2,084/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 16, 2025 at 09:15am
Listed by:
Darin Glenn 970-420-3967,
eXp Realty LLC
Bought with:
Christina Moss
Source: IRES,MLS#: 1043801
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Area: 204
- Dimensions: 17 x 12
Bedroom 2
- Area: 154
- Dimensions: 14 x 11
Kitchen
- Area: 169
- Dimensions: 13 x 13
Living room
- Area: 290
- Dimensions: 29 x 10
Heating
- Forced Air, Wood Stove
Cooling
- Ceiling Fan(s)
Appliances
- Included: Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
- Laundry: Washer/Dryer Hookups, Main Level
Features
- Satellite Avail, High Speed Internet, Eat-in Kitchen, Open Floorplan, Pantry, Walk-In Closet(s), Kitchen Island, Open Floor Plan, Walk-in Closet
- Windows: Window Coverings, Double Pane Windows
- Basement: None
- Has fireplace: Yes
- Fireplace features: Insert, Living Room
Interior area
- Total structure area: 1,178
- Total interior livable area: 1,178 sqft
- Finished area above ground: 1,178
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Oversized
- Garage spaces: 2
- Details: Garage Type: Detached
Accessibility
- Accessibility features: Level Drive, No Stairs, Main Floor Bath, Accessible Bedroom, Main Level Laundry
Features
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: River Front, Waterfront
Lot
- Size: 0.39 Acres
- Features: Wooded, Sloped, Rock Outcropping, Abuts National Forest
Details
- Parcel number: R0465305
- Zoning: O
- Special conditions: Licensed Owner
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage/Bung,Cabin,Ranch
- Property subtype: Residential-Detached, Residential
Materials
- Wood/Frame, Log, Wood Siding, Painted/Stained
- Roof: Composition
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1969
Utilities & green energy
- Electric: Electric, Loveland
- Sewer: Septic
- Water: Well, Well
- Utilities for property: Electricity Available, Propane
Community & neighborhood
Security
- Security features: Fire Sprinkler System
Location
- Region: Drake
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Sold | $625,000-3.8%$531/sqft |
Source:  IRES #1043801 | ||
| 11/24/2025 | Pending sale | $650,000$552/sqft |
Source: IRES #1043801 | ||
| 9/17/2025 | Listed for sale | $650,000+91.2%$552/sqft |
Source:  REcolorado #IR1043801 | ||
| 2/24/2021 | Listing removed | -- |
Source: Owner | ||
| 4/19/2020 | Listing removed | $1,500$1/sqft |
Source: Owner | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,961 +42.8% | $39,584 -1% |
| 2023 | $2,074 -2.3% | $39,967 +61.8% |
| 2022 | $2,124 +8.6% | $24,700 -2.8% |
Find assessor info on the county website
Neighborhood: 80515
Nearby schools
GreatSchools rating
- 7/10Big Thompson Elementary SchoolGrades: K-5Distance: 7.9 mi
- 5/10Walt Clark Middle SchoolGrades: 6-8Distance: 12.3 mi
- 6/10Thompson Valley High SchoolGrades: 9-12Distance: 12.8 mi
Schools provided by the listing agent
- Elementary: Estes Park
- Middle: Estes Park
- High: Estes Park
Source: IRES. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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