Incredible Investment Opportunity in Drake, CO! This 2-bedroom, 1-bath cabin with a 2-car garage sits right above the Big Thompson River - the ultimate Colorado mountain escape. Even better, it generated $99,000 in gross rental income over the past 12 months with a transferable Larimer County VH permit! Guests love the large deck overlooking the river, complete with a private hot tub for soaking under the Colorado stars. With no HOA, you can self-manage to maximize profits. Wildlife is a daily treat, with elk, deer, and more often passing through, situated half way between Loveland and Estes Park. Rocky Mountain National Park, and downtown shops and dining are just minutes away. Inside, the cabin offers cozy charm with everything needed for unforgettable stays. The rare 2-car garage provides extra storage for vehicles, gear, or owner use. Whether you're looking for a high-performing short-term rental or a riverfront retreat that pays for itself, this one is not to be missed!
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Sell
$55,619
Est. take-home
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Refinance
$0
Est. cash available
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Rent
$2,624/mo
Redfin rental estimate
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Market trends in 80537, CO
Last updated July 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
98.7%
0.2% MoM
Median sale price
$501K
$13K MoM
Avg. days on market
51d
2 days MoM
Recently sold homes
215
33 MoM
Provided by Redfin
Sale history for 28 Sly Fox Rd
Date
Event
Price
IRES as Distributed by MLS Grid #8779386
Dec 12, 2025
Sold
$625,000
$531/sq ft
Dec 12, 2025
Sold
$625,000
$531/sq ft
Nov 24, 2025
Pending
—
Nov 24, 2025
Pending
—
Sep 18, 2025
Listed
$650,000
$552/sq ft
Sep 18, 2025
Listed
$650,000
$552/sq ft
+4
Incredible Investment Opportunity in Drake, CO! This 2-bedroom, 1-bath cabin with a 2-car garage sits right above the Big Thompson River - the ultimate Colorado mountain escape. Even better, it generated $99,000 in gross rental income over the past 12 months with a transferable Larimer County VH permit! Guests love the large deck overlooking the river, complete with a private hot tub for soaking under the Colorado stars. With no HOA, you can self-manage to maximize profits. Wildlife is a daily treat, with elk, deer, and more often passing through, situated half way between Loveland and Estes Park. Rocky Mountain National Park, and downtown shops and dining are just minutes away. Inside, the cabin offers cozy charm with everything needed for unforgettable stays. The rare 2-car garage provides extra storage for vehicles, gear, or owner use. Whether you're looking for a high-performing short-term rental or a riverfront retreat that pays for itself, this one is not to be missed!
IRES as Distributed by MLS Grid #1043801
Dec 12, 2025
Sold
$625,000
$531/sq ft
Nov 24, 2025
Pending
—
Sep 17, 2025
Listed
$650,000
$552/sq ft
+5
Public Remarks
Incredible Investment Opportunity in Drake, CO! This 2-bedroom, 1-bath cabin with a 2-car garage sits right above the Big Thompson River - the ultimate Colorado mountain escape. Even better, it generated $99,000 in gross rental income over the past 12 months with a transferable Larimer County VH permit! Guests love the large deck overlooking the river, complete with a private hot tub for soaking under the Colorado stars. With no HOA, you can self-manage to maximize profits. Wildlife is a daily treat, with elk, deer, and more often passing through, situated half way between Loveland and Estes Park. Rocky Mountain National Park, and downtown shops and dining are just minutes away. Inside, the cabin offers cozy charm with everything needed for unforgettable stays. The rare 2-car garage provides extra storage for vehicles, gear, or owner use. Whether you're looking for a high-performing short-term rental or a riverfront retreat that pays for itself, this one is not to be missed!
IRES as Distributed by MLS Grid #851356
Apr 12, 2019
Sold
$339,900
$289/sq ft
Apr 9, 2019
Pending
—
Feb 26, 2019
Contingent
—
Jan 24, 2019
Relisted
—
Jan 18, 2019
Contingent
—
Jan 5, 2019
Price Changed
$339,900
$289/sq ft
Dec 15, 2018
Price Changed
$345,000
$293/sq ft
Nov 12, 2018
Price Changed
$359,900
$306/sq ft
Oct 16, 2018
Price Changed
$369,900
$314/sq ft
Oct 2, 2018
Price Changed
$377,900
$321/sq ft
Jul 11, 2018
Price Changed
$389,500
$331/sq ft
May 25, 2018
Listed
$395,000
$335/sq ft
IRES as Distributed by MLS Grid #794212
Sep 2, 2016
Sold
$287,000
$244/sq ft
Jul 14, 2016
Contingent
—
Jun 25, 2016
Price Changed
$290,000
$246/sq ft
Jun 12, 2016
Listed
$319,000
$271/sq ft
Public Records
May 22, 2006
Sold
$200,000
$170/sq ft
Public Records
Apr 1, 1998
Sold
$127,500
$108/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,503 (−18.1%)
$9,063 + $19,381
$28,444
2024
$3,058 (+3.3%)
$9,063 + $19,381
$28,444
2023
$2,961 (+42.8%)
$9,715 + $29,869
$39,584
2022
$2,074 (−2.3%)
$9,715 + $29,869
$39,584
2021
$2,124 (+8.6%)
$2,919 + $21,781
$24,700
2020
$1,956 (+1.6%)
$3,003 + $22,408
$25,411
2019
$1,925 (+44.9%)
$3,003 + $20,277
$23,280
2018
$1,328 (+14.9%)
$3,003 + $20,277
$23,280
2017
$1,156 (+36.1%)
$2,160 + $12,996
$15,156
2016
$849 (+35.4%)
$2,160 + $12,996
$15,156
2014
$627 (−14.8%)
$2,390 + $5,850
$8,240
2013
$736 (−37.1%)
$2,390 + $5,850
$8,240
2012
$1,169 (+2.2%)
$1,990 + $13,320
$15,310
2011
$1,144 (−4.2%)
$1,990 + $13,320
$15,310
2010
$1,194 (+0.5%)
$1,990 + $13,320
$15,310
2009
$1,188
$2,230 + $13,830
$16,060
Tax history for 28 Sly Fox Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,503 (−18.1%)
$9,063 + $19,381
$28,444
2024
$3,058 (+3.3%)
$9,063 + $19,381
$28,444
2023
$2,961 (+42.8%)
$9,715 + $29,869
$39,584
2022
$2,074 (−2.3%)
$9,715 + $29,869
$39,584
2021
$2,124 (+8.6%)
$2,919 + $21,781
$24,700
2020
$1,956 (+1.6%)
$3,003 + $22,408
$25,411
2019
$1,925 (+44.9%)
$3,003 + $20,277
$23,280
2018
$1,328 (+14.9%)
$3,003 + $20,277
$23,280
2017
$1,156 (+36.1%)
$2,160 + $12,996
$15,156
2016
$849 (+35.4%)
$2,160 + $12,996
$15,156
2014
$627 (−14.8%)
$2,390 + $5,850
$8,240
2013
$736 (−37.1%)
$2,390 + $5,850
$8,240
2012
$1,169 (+2.2%)
$1,990 + $13,320
$15,310
2011
$1,144 (−4.2%)
$1,990 + $13,320
$15,310
2010
$1,194 (+0.5%)
$1,990 + $13,320
$15,310
2009
$1,188
$2,230 + $13,830
$16,060
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.39 Acres
Year renovated
2006
Sq. Ft.
1,178
Year built
1969
Style
Single Family Residential
County
Larimer County
APN
R0465305
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 30, 2026.
O
Open District
The O district is intended to accommodate a wide range of development patterns. It is primarily intended for rural residential uses and agricultural uses.