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$150,000
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Property Description
This nearly one-acre mountain parcel offers sweeping views of the Continental Divide, including Long's Peak and portions of the Never Summers. A high-producing well has already been drilled, the septic system is installed and approved for two bedrooms, electricity is to the property, and the homesite has been graded with minimal prep required. The property showcases dramatic rock outcroppings, breathtaking mountain vistas, and easy access to outdoor recreation. Nearby trails on Palisade and Storm Mountain provide opportunities for hiking, jeeping, side-by-sides, and more, while trout fishing can be enjoyed along the nearby Big Thompson River. Within the community, residents also have access to a private lake where fishing and non-motorized boating are allowed. A home once stood here but was lost in the Alexander Mountain Fire of 2024, leaving behind a ready-to-build site with utilities already in place. Whether you're envisioning a mountain retreat or a full-time residence, this property is primed for your dream home.
Full Property Details
Full Property Details for 981 Palisade Mountain Dr
General
- Price: $150,000
- HOA FEE: $4/month
- HOA FEE FREQ.: Annually
- Taxes: $1,481 (2024)
- Status: Active
- Type: Lots/Land
- Source: IRES
- MLS ID: 1049024
- Updated: 1/6/2026
- Added to Site: 12 day(s) ago
Location
- Area: Drake
- County: Larimer
- Subdivision: Cedar Spgs Estates
School Information
- School District: Thompson R2-J
- Elementary School: Big Thompson
- High School: Thompson Valley
Community
- Association: Yes
Utilities
- Gas: Propane
- Sewer: Septic Tank, Septic Vault
- Water: Well
- Utility Description: High-Speed Internet Available
Lot Features
- Property View: Mountain(s), Hills, Plains View
- Mountain views: Yes
- Lot Size (Acres): 0.81
- Lot Size (Sq. Ft.): 35,501
- Frontage: Priv Rd up to County Standards
- Street/Road Desc.: Dirt
- Lot Features: Native Grass, Sloping Lot, Rock Outcropping, Water Rights Included
- Development Status: Build to Suit
- Potential Use: Single-Family
- Zoning: O
Horse Property
- Horse Facility Desc.: Zoning Appropriate for 1 Horse
Financial Considerations
- Association Fee: Yes
- Association Fee: $52
- Assoc Fee Freq.: Annually
- Tax Amount: $1,481
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA
Disclosures and Reports
- Special Conditions: Private Owner
- Property ID: R0466964
Listed by C3 Real Estate Solutions, LLC (970) 225-5152
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Schools
Schools serving 981 Palisade Mountain Dr
School District:Thompson School District R-2j
| Name | Grades | Distance |
|---|---|---|
Big Thompson Elementary School 7702 West Highway 34, Loveland, CO 80538 | K-5 | 7.1 mi |
Walt Clark Middle School 2605 Carlisle Drive, Loveland, CO 80537 | 6-8 | 11.6 mi |
Thompson Valley High School 1669 Eagle Drive, Loveland, CO 80537 | 9-12 | 12.1 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 981 Palisade Mountain Dr
Date
Details
Price
Change
Source
1/06/2026
Listed
$150,000
—
MLS
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 981 Palisade Mountain Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,481
-40%
$17,768
-36%
2023
$2,458
19%
$27,671
39%
2022
$2,068
-2%
$19,891
-3%
2021
$2,119
—
$20,463
16%
2021
$2,119
17%
$17,590
—
2019
$1,806
7%
$17,590
12%
2018
$1,688
12%
$15,689
—
2017
$1,510
19%
$15,689
22%
2016
$1,270
1%
$12,903
—
2015
$1,257
23%
$12,903
21%
2014
$1,026
-7%
$10,670
—
2013
$1,101
—
$10,670
—
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 981 Palisade Mountain Dr
981 Palisade Mountain Dr, Drake, CO 80515 (MLS# 1049024) is a Lots/Land property with a lot size of 0.81 acres. 981 Palisade Mountain Dr is currently listed for $150,000 and was received on January 06, 2026. Want to learn more about 981 Palisade Mountain Dr? Do you have questions about finding other Lots/Land real estate for sale in Drake? You can browse all Drake real estate or contact a Coldwell Banker agent to request more information.

