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$515,000
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Property Description
Tucked among the pines of Cedar Park, this charming mountain log home retreat offers both year-round comfort and an ideal holiday getaway. Blending rustic Colorado character with modern conveniences, it captures the lifestyle so many dream of. Step inside to a welcoming living area with a wood stove that adds warmth and mountain charm. A spacious dining room leads into the rustic kitchen, designed for gathering and connection. Enjoy the fresh mountain air from either of the two expansive 24' x 11' decks-one on the main level and the other directly off the primary bedroom-perfect for morning coffee, evening stargazing, or soaking up serene forest views. Wake up in the main bedroom to brilliant natural light and inspiring scenery, complete with a walk-in closet. The walk-out basement provides flexible space for an additional bedroom, family room, or home office. Recent updates include a freshly restained exterior for lasting protection and a serviced furnace for peace of mind. Outside, gather around the fire pit for s'mores and stories under the stars. Practical features such as main floor rough-in bathroom, laundry hookup, in the basement two cisterns (250 & 750 gallons), and a full septic system make mountain living easy. With National Forest access just steps away, you'll find endless opportunities for hiking, wildlife viewing, and seasonal adventures. Just a short drive away, Estes Park welcomes you with its quaint mountain shops, local dining, and breathtaking views that stretch toward the towering face of Longs Peak. From there, step into the splendor of Rocky Mountain National Park, a sanctuary of trails, wildlife, and endless adventure. You've found the ideal blend of seclusion and accessibility. Whether you envision a full-time residence or a peaceful mountain retreat, this property is ready to be the beginning of your next journey.
Full Property Details
Full Property Details for 122 Elk Way
General
- Price: $515,000
- Taxes: $2,588 (2024)
- Status: Active
- Type: Single Family
- Source: IRES
- MLS ID: 1042713
- Updated: 12/17/2025
- Added to Site: 141 day(s) ago
Interior
- Interior Features: Separate Dining Room, Open Floorplan, Walk-In Closet(s), Washer/Dryer Hookup
- Appliances: Gas Range, Fire Alarm
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage Description: None
Location
- Area: Drake
- County: Larimer
- Subdivision: Cedar Park
- Driving Directions: From Loveland take Highway 34 west towards Drake. At County Road 43, to Storm Mountain , appx 1/3 mile. Continue to Storm Mountain and turn left. Continue appx 3 miles to Elk Way, to sign at 122. Must be accompanied by a Licensed Colorado State Broker. No drive-by's. Please drive posted speed limits This is a residential area with children and wildlife.
School Information
- School District: Thompson R2-J
- Elementary School: Big Thompson
- Middle School: Walt Clark
- High School: Thompson Valley
Community
- Assoc. Fees Include: Management
Heating & Cooling
- Heating Type: Forced Air, Wood Stove
Utilities
- Gas: Propane
- Sewer: Septic Tank, Septic Field
- Water: Cistern
- Utility Description: Electricity Available, Satellite Available
Structural Information
- Architectural Style: Chalet
- Construction: Log
- Exterior Const.: Log
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Metal
- Square Feet: 2,400
- Sq. Ft. Source: Assessor
- Living Area: 1,600 Sq. Ft.
- Year Built: 2001
Lot Features
- Property View: Hills
- Lot Size (Acres): 6.08
- Lot Size (Sq. Ft.): 264,844
- Frontage: Private Road
- Street/Road Desc.: Gravel
- Lot Features: Wooded, Evergreen Trees, Deciduous Trees, Native Grass, Rolling Lot, Rock Outcropping, House Faces East
- Potential Use: Single-Family
- Zoning: E
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Horse(s) Allowed
Green Features
- Energy Efficient: Windows, Photovoltaic Owned
Financial Considerations
- Tax Amount: $2,588
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA
Disclosures and Reports
- Special Conditions: Private Owner
- Property ID: R0501794
Listed by RE/MAX Alliance-FTC South (970) 226-3990
Get Pre-Approved Today
Schools
Schools serving 122 Elk Way
School District:Thompson School District R-2j
| Name | Grades | Distance |
|---|---|---|
Big Thompson Elementary School 7702 West Highway 34, Loveland, CO 80538 | K-5 | 9.6 mi |
Walt Clark Middle School 2605 Carlisle Drive, Loveland, CO 80537 | 6-8 | 14.2 mi |
Thompson Valley High School 1669 Eagle Drive, Loveland, CO 80537 | 9-12 | 14.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 122 Elk Way
Date
Details
Price
Change
Source
8/31/2025
Listed
$515,000
223.9%
MLS
5/10/2011
Sold
$159,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 122 Elk Way
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,588
3%
$31,222
—
2023
$2,514
-15%
$31,222
—
2021
$2,948
3%
$31,081
3%
2022
$2,874
-3%
$30,212
56%
2021
$2,948
66%
$19,377
8%
2018
$1,780
13%
$18,000
—
2017
$1,574
-1%
$18,000
1%
2016
$1,593
1%
$17,775
—
2015
$1,577
9%
$17,775
8%
2014
$1,444
-21%
$16,520
-15%
2019
$1,821
26%
$19,377
17%
2013
$1,440
—
$16,520
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 122 Elk Way
122 Elk Way, Drake, CO 80515 (MLS# 1042713) is a Single Family property with 2 bedrooms and 1 full bathroom. 122 Elk Way is currently listed for $515,000 and was received on August 31, 2025. Want to learn more about 122 Elk Way? Do you have questions about finding other Single Family real estate for sale in Drake? You can browse all Drake real estate or contact a Coldwell Banker agent to request more information.

