678 Palisade Mountain Dr, Drake, CO, 80515
About This Home
PRICE IMPROVEMENT on a true Colorado mountain retreat at 678 Palisade Mountain Drive, a one-of-a-kind property where craftsmanship, adventure, and breathtaking scenery come together. Available for the first time in nearly 50 years, this extraordinary home in Cedar Springs Estates began as a seasonal cabin before evolving into a year-round mountain residence designed to celebrate its remarkable surroundings. Hand-scraped Ponderosa Pines harvested locally create stunning posts and beams that extend from the crawlspace through all three levels and into the home's iconic tower, giving the interior a warm, lodge-like atmosphere unlike anything else on the market. Expansive windows frame spectacular mountain views in every direction, including Storm, Palisade, and Crosier Mountains, and even the distant twin peaks of Longs Peak and Mount Meeker. Climb to the tower and take in panoramic 360-degree views that make you feel on top of the world. 2 propane fireplaces provide warmth and ambiance, while the original cabin features an antique wood-burning cookstove, ready to inspire rustic meals and memorable gatherings. Outdoor enthusiasts will feel right at home. The fully fenced property includes a loafing shed for horses, with an additional adjoining acre available for purchase to expand grazing space. Wildlife and birdwatching opportunities abound, and nearby rock faces, canyons, and trails offer endless opportunities for hiking, climbing, and exploring. Enjoy the perfect balance of seclusion and accessibility, with Estes Park and Rocky Mountain National Park just 30 min. away. With lots of storage, you shouldn't need to venture out often but Loveland is approximately 20 mi. to the east for shopping, dining, and everyday conveniences. Properties with this level of character, history, and craftsmanship rarely become available. 678 Palisade Mountain Drive isn't simply a home-it's an opportunity to own a piece of Colorado mountain living that's been cherished for decades.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1977
Materials
- Roof: Composition
- Construction materials: Frame,Log,Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Mixed Use
Interior
Appliances
- Appliances included: Gas Range,Dishwasher,Refrigerator,Washer,Dryer
Basement
- Basement: None,Crawl Space
Bedroom2
- Level: Main
- Area: 567
- Dimensions: 27 x 21
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- 3/4 bathrooms: 2
- Main level bathrooms: 1
Dining Room
- Level: Main
- Area: 162
- Dimensions: 9 x 18
Features
- Window features: Window Coverings
- Fireplace features: Insert,Two or More
- Fireplace: Yes
- Finished area above ground: 3,081
Great Room
- Level: Main
- Area: 342
- Dimensions: 18 x 19
Heating & Cooling
- Heating features: Baseboard,Wood Stove,2 or more Heat Sources
- Cooling features: Wall/Window Unit(s)
Interior Area
- Total structure area: 3,081
- Total interior livable area: 3,081 sqft
Kitchen
- Level: Main
- Area: 132
- Dimensions: 11 x 12
Laundry
- Level: Main
- Area: 88
- Dimensions: 8 x 11
Living Room
- Level: Upper
- Area: 513
- Dimensions: 27 x 19
Primary Bedroom
- Features: 3/4 Primary Bath
- Level: Upper
- Area: 228
- Dimensions: 19 x 12
Study
- Level: Additional
- Area: 156
- Dimensions: 13 x 12
Property
Details
- Parcel number: R0466115
- Zoning: O
- Special condition: Private Owner
- Exclusions: Seller's personal property. Some furniture may be negotiable.
- Horse amenities: Zoning Appropriate for 3 Horses,Loafing Shed,Hay Storage,Riding Trail
Features
- Levels: Five Or More
- Stories: 5
- Patio & porch: Deck
- Fencing: Fenced,Wire
- Has view: Yes
- View description: Mountain(s),Panoramic
- Horses can be raised: Yes
Lot
- Lot size: 1.74 Acres
- Features: Evergreen Trees,Deciduous Trees,Native Plants,Rolling Slope,Rock Outcropping
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Wildfire
- Avalanche
- Hail
- Landslide
- Lightning
- Winter Weather
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,489 | $41,868 |
| Home Insurance * | $367 | $4,404 |
| Property Taxes | $299 | $3,588 |
| Electricity | $232 | $2,791 |
| Total | $4,387 | $52,644 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-08 | Price change | $670,000 |
| 2026-06-15 | Listed for sale | $690,000 |
| 1978-05-01 | Sold | $17,200 |
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