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$925,000

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 4 Full Baths
  • 4,293 Sq. Ft.
  • 3 Car Garage
  • Updated 12 days ago
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Imagine living is this amazing two-story home in the sought-after Compass neighborhood. It's situated on a prime corner lot, backing to open space-and right across the street is a large field destined to become a future park. The home features a main floor bedroom and an upper level bedroom with an ensuite bathroom! The backyard is landscaped with drought-resistant dog-tough turf, so it never needs watering and stands up to active pets. Inside, you'll find a tandem 3-car garage, giving you space for extra storage or multiple vehicles. There's also a full, unfinished basement, ready for your own custom touches or extra room down the road. On the practical side, this home is built for longevity and ease. It features a new Class 4 roof with a 50-year warranty, and a highly efficient solar panel system to help lower utility costs and simplify upkeep. In short - durable, smartly designed, and ready for you.

Full Property Details for 702 Drake Ave

General

  • Price: $925,000
  • HOA FEE: $70/month
  • Taxes: $8,501 (2024)
  • Status: Active
  • Type: Single Family
  • Source: IRES
  • MLS ID: 1045741
  • Updated: 1/4/2026
  • Added to Site: 94 day(s) ago

Interior

  • Interior Features: Eat-In Kitchen, Pantry, Walk-In Closet(s), Washer/Dryer Hookup, Jack and Jill Bath, Kitchen Island, Two Primary Suites
  • Fireplace: Yes
  • Fireplace(s): Gas
  • Appliances: Gas Range, Dishwasher, Refrigerator, Microwave, Disposal, Fire Alarm

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Floor Baths: 1

Bedrooms

  • Total Bedrooms: 5

Exterior

  • Exterior Features: Sprinkler System
  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Parking Features: Garage Door Opener
  • Garage Description: Attached

Location

  • Area: Erie
  • County: Boulder
  • Subdivision: Compass

School Information

  • School District: Boulder Valley Dist RE2
  • Elementary School: Meadowlark K-8
  • Middle School: Meadowlark K-8
  • High School: Centaurus

Community

  • Association: Yes
  • Assoc. Name: Advanced Hoa
  • Assoc. Fees Include: Common Amenities, Trash, Management

Heating & Cooling

  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Forced Air

Utilities

  • Gas: Yes
  • Gas: Xcel
  • Sewer: Public Sewer
  • Water: City
  • Utility Description: Natural Gas Available, Electricity Available

Structural Information

  • Architectural Style: Contemporary
  • Builder: Lennar
  • Model: StoneHaven
  • Construction: Frame
  • Exterior Const.: Frame
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Roof: Composition
  • Windows: Window Coverings
  • Square Feet: 4,293
  • Sq. Ft. Source: Other
  • Living Area: 3,139 Sq. Ft.
  • Year Built: 2018

Lot Features

  • Property View: Hills, Plains View
  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 6,885
  • Frontage: City Street
  • Street/Road Desc.: Asphalt
  • Fence: Yes
  • Lot Features: Corner Lot, Level, Abuts Private Open Space, Paved, Curbs, Gutters
  • Potential Use: Single-Family, Multi-Family
  • Zoning: Res
  • Fencing (Description): Partial, Fenced

Green Features

  • Energy Efficient: Windows, Photovoltaic Leased

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $70
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $8,501
  • Tax Year: 2024
  • Terms: Cash, Conventional, FHA, VA

Disclosures and Reports

  • Special Conditions: Private Owner
  • Property ID: R0610100

Listed by Kentwood Real Estate Boulder Valley (303) 773-3399

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Listing agent

— 702 Drake Ave —

  • Kentwood Real Estate Boulder Valley

    303-773-3399

3037733399

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 702 Drake Ave

School District:Boulder Valley School District Re-2
NameGradesDistance
Meadowlark School
2300 Sweet Meadow Lane, Erie, CO 80516
PK-81.6 mi
Centaurus High School
10300 East South Boulder Road, Lafayette, CO 80026
9-123.6 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 702 Drake Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/17/2025
Listed
$925,000
53.5%
MLS
5/03/2019
Sold
$602,600
—
Public Record
Get Price Alerts and Save Property
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 for 702 Drake Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,501
1%
$52,696
-7%
2023
$8,421
25%
$56,381
36%
2022
$6,712
-1%
$41,471
-3%
2021
$6,761
—
$42,664
7%
2021
$6,761
342%
$39,868
324%
2019
$1,531
358%
$9,395
363%
2018
$334
—
$2,030
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Kentwood Real Estate Boulder Valley (303) 773-3399

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702 Drake Ave, Erie, CO 80516 (MLS# 1045741) is a Single Family property with 5 bedrooms and 4 full bathrooms. 702 Drake Ave is currently listed for $925,000 and was received on October 15, 2025. Want to learn more about 702 Drake Ave? Do you have questions about finding other Single Family real estate for sale in Erie? You can browse all Erie real estate or contact a Coldwell Banker agent to request more information.

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