$4,988 Closing Credit¹
#1032443, Kathleen Gruman, Listing Office: RE/MAX Alliance-Loveland
#9424308·
Listing office: RE/MAX Professionals·
Listing agent: Sam Biller·
Listing office phone: 303-268-4250
$475,000 List price
73 Elk Way Drake, CO 80515
$5,641
Closing credit¹
1 bed
1 full
790 sqft
5.2 acres
$601 / sqft
House
Property details
About 73 Elk Way
Secluded 2-Bedroom (Studio Style) Off-Grid Cabin on 5+ Acres Surrounded by National Forest - Welcome to your private mountain escape! This charming 2-bedroom, 1-bathroom off-grid cabin sits on over 5 acres of pristine land, bordered on three sides by National Forest—a rare and unbeatable setting offering total seclusion, endless outdoor adventure, and breathtaking panoramic views. Inside, the cabin is cozy and efficient with propane in-floor heat (set at 50°F through winter for temperature control), and a wood-burning stove that heats the home beautifully. The cabin is powered by solar energy with a backup generator, and includes a simple main power switch for easy shut-downs and startups. Solar batteries were replaced in 2018. A 500-gallon cistern (indoors) supplies the home, with two included portable tanks (100- and 350-gallon) used to haul water from Loveland or Estes Park. Water is easily winterized in minutes thanks to a quick-drain system for the pipes (cistern remains full year-round). There’s a full bathroom with a shower and a clever back-flush system to conserve water when heating. A 1,000-gallon septic tank was professionally inspected in 2019. Also included is a grandfathered, working outhouse that’s well-maintained. All major systems run on propane, including heat and cooking. The leased propane tank is filled roughly once per year—most recently in April. The property is actively maintained for fire safety—brush and pinecones are cleared regularly, and deadfall is removed. Wildlife lovers will appreciate the daily presence of hummingbirds, deer, elk, moose, turkey, marmots, and the occasional bobcat, bear, or mountain lion. This is the perfect blend of rugged mountain living and smart sustainability, with no compromise on comfort. If you’re looking for solitude, unmatched natural beauty, and the freedom of off-grid living, this cabin is the one.
Highlights
Home typeSingle Family Residence
HeatingPropane, Radiant Floor
StatusActive
Size790 sqft
BasementYes
Lot size5.21 Acres
Year built1983
MLS #9424308
FireplaceLiving Room, Wood Burning Stove
Summary
- Full Bathrooms: 1
- Appliances: Oven, Refrigerator
- Basement: Yes
- Flooring Type: Concrete, Wood
- Fireplace: Living Room, Wood Burning Stove
- Total Bedroom Count: 1
- Attached Garage: No
- Architectural Style: Cottage
- Heating: Propane, Radiant Floor
- Cooling: None
- List Price: $475,000
- Price/SqFt: $601
- Annual Tax Amount: $1,844
- Tax Year: 2023
- Lot: Near Forest, Mountainous, Secluded, Sloped
- Year Built: 1983
- Living Area: 790 SqFt
- Lot Size: 5.21 Acres
- MLS Number: 9424308
- MLS Name: RECOLORADO
- Office Name: RE/MAX Professionals
- Office Phone: (303) 268-4250
- Listing Agent: Sam Biller
Listings courtesy of REColorado as distributed by MLS GRID.
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Presented by Rocket Homes Real Estate, LLC
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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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Last updated on: 5/21/2025, 8:12:43 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$475,000
73 Elk Way
$5,641
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 03, 2019 | Home Sold | $309,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $23,886 | $1,844 |
| 2022 | $16,548 | $1,574 |
| 2021 | $17,024 | $1,614 |
| 2020 | $8,752 | $834 |
| 2019 | $8,813 | $840 |
| 2018 | $8,496 | $743 |
| 2017 | $10,476 | $824 |
History based on county public records data.
Nearby schools
7
Big Thompson Elementary School
Public District KG-5
9.6 mi
•7702 W US Highway 34
3
Estes Park Elementary School
Public District PK-5
9.8 mi
•1505 Brodie Ave
7
Ponderosa Elementary School
Public District PK-5
12.6 mi
•4550 Florence Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $64,212. The most common annual income of people living in Drake, CO is between $35k-100k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
24%
<35k
51%
35k-100k
18%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
32%
Single, No Kids
3%
Single, with Kids
49%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
6%
12-17 yrs old
10%
18-34 yrs old
60%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
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$3,147 Closing Credit¹
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Frequently asked questions
About 73 Elk Way
The listing price of 73 Elk Way property is $475,000.
The property 73 Elk Way is a house located in Drake, Colorado, 80515.
Active Listing: 73 Elk Way is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 73 Elk Way are: Big Thompson Elementary School (GreatSchools Rating 7/10), Estes Park Elementary School (GreatSchools Rating 3/10), Ponderosa Elementary School (GreatSchools Rating 7/10), Estes Park Middle School (GreatSchools Rating 5/10), Lucile Erwin Middle School (GreatSchools Rating 2/10), Axis International Academy (GreatSchools Rating 7/10), Estes Park High School (GreatSchools Rating 4/10), Loveland Classical School (GreatSchools Rating 7/10), Harold Ferguson High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $1,844 (source: MLS/based on county public records data).
The last sale was on October 3, 2019 for $309,000 (source: MLS/tax record).
The property at 73 Elk Way has 1 bedroom and 1 bathroom.
The property 73 Elk Way is 790 SqFt (source: MLS/tax record).
The year of construction for 73 Elk Way is 1983.
This home is located at 73 Elk Way in Drake, CO and zip code 80515. This 790 square foot home, which was built in 1983, sits on a 5.21 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $475,000.
In April 2025 more than 0 listings in Drake, CO were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 3 were sold below. The inventory of homes for sale in Drake, CO between March and April 2025 increased by 66.7%. In April 2025 median list price was $465,000 and the average listing age was 47 days.
From Rocket Homes Real Estate and based on county public records data.