!!! listed $175,000 below appraised value (instant equity)!!!Plenty of equity to add to purchase price to pay for seller concessions used for whatever works best Rate buy down, closing costs, carpet. Seller is willing to entertain Lease options/seller carry options. Exceptional 40+ acre equestrian property with stunning Longs Peak views and direct access to Pinewood Reservoir. Watch elk herds migrate through your backyard or enjoy fishing and kayaking steps from your door. Turnkey horse facilities include a 96x40 barn with 12 total stalls including 2 foaling stalls all with Nelson heated waters, tack room and wash bay. Additional 7-stall barn, 3 12x24 run-in sheds, dual arenas, and multiple fenced pastures with over 9000' of professional-grade horse fencing. Hay storage and separate area fenced for dogs. Recently updated ranch home features gourmet kitchen with SubZero refrigerator, Viking microwave, and quartz counters. New flooring, updated bathrooms, fresh paint, and newer roof and windows throughout. Primary suite has custom shower and walk-in closet with built-ins. Large entertaining decks showcase mountain views. Attached 2-car insulated garage provides ample storage. Located 20 minutes from Berthoud and Loveland, near Carter Lake recreation. Property borders generational family ranch and national forest land, ensuring privacy and preserved natural setting. Flexible floor plan includes non-conforming bedroom that can serve as den.This rare Rocky Mountain horse property combines luxury living with world-class equestrian facilities in an unmatched natural setting. A truly special property!
Sold for $1,200,000
$1,200,000
689 Cattle Drive Rd, Loveland, CO 80537
3beds
1,764sqft
Residential-Detached, Residential
Built in 1995
40 Acres Lot
$1,204,100 Zestimate®
$680/sqft
$2,653 Estimated rent
Home value
$1,204,100
$1.14M - $1.26M
$2,653/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 29, 2025 at 03:17am
Listed by:
Matthew Fugate 970-619-1063,
The Fugate Property Group
Bought with:
Matthew Fugate
The Fugate Property Group
Source: IRES,MLS#: 1043869
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Area: 192
- Dimensions: 16 x 12
Bedroom 2
- Area: 180
- Dimensions: 15 x 12
Dining room
- Area: 120
- Dimensions: 10 x 12
Kitchen
- Area: 156
- Dimensions: 12 x 13
Living room
- Area: 300
- Dimensions: 12 x 25
Heating
- Forced Air, Wood Stove
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Gas Range/Oven, Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave
- Laundry: Washer/Dryer Hookups, Main Level
Features
- Separate Dining Room, Open Floorplan, Walk-In Closet(s), Open Floor Plan, Walk-in Closet
- Flooring: Tile
- Windows: Window Coverings
- Basement: None
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 1,764
- Total interior livable area: 1,764 sqft
- Finished area above ground: 1,764
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: RV/Boat Parking
- Attached garage spaces: 2
- Details: Garage Type: Attached
Features
- Stories: 1
- Patio & porch: Deck
- Exterior features: Hot Tub Included
- Spa features: Heated
- Fencing: Fenced
- Has view: Yes
- View description: Mountain(s), Hills, Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 40 Acres
- Features: Rolling Slope
Details
- Additional structures: Storage, Outbuilding
- Parcel number: R0771856
- Zoning: O
- Special conditions: Private Owner
- Horses can be raised: Yes
- Horse amenities: Barn, Barn with 3+ Stalls, Corral(s), Arena, Tack Room, Loafing Shed, Hay Storage
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential-Detached, Residential
Materials
- Wood/Frame
- Roof: Composition
Condition
- Not New, Previously Owned
- New construction: No
- Year built: 1995
Utilities & green energy
- Electric: Electric, PVREA
- Sewer: Septic
- Water: Well, WELL
- Utilities for property: Electricity Available, Propane
Community & neighborhood
Location
- Region: Loveland
- Subdivision: 11/5
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Sold | $1,200,000-4%$680/sqft |
Source:  IRES #1043869 Report a problem | ||
| 10/1/2025 | Pending sale | $1,250,000$709/sqft |
Source:  REcolorado #IR1043869 Report a problem | ||
| 9/18/2025 | Listed for sale | $1,250,000-7.4%$709/sqft |
Source: REcolorado #IR1043869 Report a problem | ||
| 9/14/2025 | Listing removed | $1,350,000$765/sqft |
Source: IRES #1040616 Report a problem | ||
| 8/8/2025 | Listed for sale | $1,350,000-9.9%$765/sqft |
Source: IRES #1040616 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,357 +176.5% | $72,857 -0.6% |
| 2023 | $1,937 -2.7% | $73,260 +193.8% |
| 2022 | $1,990 +37% | $24,934 -2.9% |
Find assessor info on the county website
Neighborhood: 80537
Nearby schools
GreatSchools rating
- 7/10Big Thompson Elementary SchoolGrades: K-5Distance: 6.6 mi
- 5/10Walt Clark Middle SchoolGrades: 6-8Distance: 9 mi
- 6/10Thompson Valley High SchoolGrades: 9-12Distance: 9.7 mi
Schools provided by the listing agent
- Elementary: Big Thompson
- Middle: Clark (Walt)
- High: Thompson Valley
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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Estimated market value
$1,204,100