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2365 Storm Mountain Dr, Drake, CO, 80515

1beds
0baths
600sqft
$325,000
$542price/sqft
$2,141/moest. monthly cost
$85,640/yrincome needed

About This Home

Fabulous opportunity to live on the property while you build your dream home on this gorgeous 4.89 acre lot! Sweet bunkhouse with electric permitted and installed and septic ready to be connected. Fun seasonal yurt is great for guests or spreading out. Seller has loved this location as a family getaway spot and the previous owner used it as vacation rental. This great property features a custom one-bedroom cabin that easily sleeps 4 to 6, a spacious Yurt with living and sleeping space, a large outbuilding for cooking and storage, and an outhouse and separate bathhouse - both with compostable toilets- offering convenience and rustic charm. The cabin features recently permitted electric, a small solar array, metal roof, cement-board siding and trim, double pane windows, tile and bamboo flooring, superior insulation, and a huge walk-in crawlspace for storage. The lovely covered composite deck is a fun place to hang out and enjoy the view. You'll love the spacious 20' in diameter Yurt with deck and plenty of living and sleeping space. With a newly installed septic vault, the only thing left is to add water via a cistern or well and you've got a fully functioning basecamp. Plus, there's plenty of room for RVs or tent camping. Hardwoods, evergreens, open meadow areas, and rock outcrops offer great potential for a permanent homestead or keep it as a vacation property. With easy year-round access and limitless possibilities, this special property is a fantastic value offering a cozy place to unwind, entertain, or stay while you design your dream home. Don't miss out on this must-see gem! Contact us today for detailed information and to schedule your personal tour.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

7/10
5/10
Walt Clark Middle SchoolGrades 6-812.5 mi
6/10
Thompson Valley High SchoolGrades 9-1213.1 mi

Construction

Condition

  • Year built: 2014

Materials

  • Roof: Metal
  • Construction materials: Frame,Concrete

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin,Contemporary
  • Property subType: Cabin

Interior

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 1

Features

  • Flooring: Wood
  • Finished area above ground: 600

Heating

  • Heating features: Space Heater

Interior Area

  • Total structure area: 600
  • Total interior livable area: 600 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main
  • Area: 280
  • Dimensions: 14 x 20

Primary Bedroom

  • Level: Upper
  • Area: 400
  • Dimensions: 20 x 20

Property

Details

  • Parcel number: R0467383
  • Zoning: E
  • Special condition: Private Owner
  • Exclusions: Seller's personal property including staging items.
  • Horse amenities: Horse(s) Allowed

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio,Deck
  • Fencing: Partial
  • Has view: Yes
  • View description: Mountain(s),Hills
  • Horses can be raised: Yes

Lot

  • Lot size: 4.89 Acres
  • Features: Evergreen Trees,Deciduous Trees,Rock Outcropping,Meadow

Parking

  • Parking features: None

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
    Inland FloodingVery High
  • Wildfire
    WildfireVery High
  • Avalanche
    AvalancheRelatively High
  • Hail
    HailRelatively High
  • Landslide
    LandslideRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Wildfire
Avalanche
Hail
Landslide
Lightning
Winter Weather
Strong Wind
Tornado

FEMA Declared Disasters Across Colorado Counties

Fire

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

MonthlyAnnual
Mortgage $1,643$19,716
Home Insurance *$172$2,064
Property Taxes $140$1,680
Electricity $186$2,232
Total$2,141$25,692
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,405/yr
40% on housing$64,230/yr
45% on housing$57,093/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

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.

Insurance Growth Rate5-year average: 15.3%
15.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.2%
3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$542This listing

vs Other Active Listings

Avg $/sqft

ZIP 80515$201
Larimer County$232

vs Homes Sold Last Month

Median $/sqft

ZIP 80515$459
Larimer County$250

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

DateEventPrice
2026-07-22Price change$325,000
2026-06-04Listed for sale$375,000
2022-07-27Sold$340,000
2008-10-09Sold$95,000

For Sale by Agent

AgentMatt Ferren
BrokerageLoKation-Tucker Group Real Estate

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