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Homes Under $500K in Drake, CO
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Buy

Start here

  • Homes for sale by state
  • Home buying tips
  • Before you start looking
  • The buying timeline

Afford it

  • Today's mortgage rates
  • Mortgage calculator
  • How much can I afford?
  • Get pre-approved

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    3 bedsNew constructionWith a pool
    30 listings
    Sell

    Selling Options

    • What's my home worth?
    • Compare selling options
    • Get an instant cash offer
    • Buy before you sell

    Resources

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    • What's worth fixing first
    • Find a seller's agent
    Home Loans
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    Homes Under $500K in Drake, CO

    Homes Under $500K in Drake, CO

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    12 of 30 Listings
    Map

    Homes Under $500K in Drake, CO

    12 of 30 Listings

    Your local brokerage

    SM

    Steve Merritt

    Realty.com

    Lic. #ER.100044960

    Call Steve
    1. 28 Possum Court — photo28Active

      $375,000

      1 bd · 1 ba · 520 sqft

      28 Possum Court, Drake, CO

      Mark Valdez · Berkshire Hathaway HomeServices Rocky Mountain, Realtors-Fort Collins

    2. 150 Wolf Drive — photo27Active

      $305,000

      2 bd · 1 ba · 528 sqft

      150 Wolf Drive, Drake, CO

      Jared Foster · Group Centerra

    3. 66 Flag Mountain Road — photoPrice Reduced21Active

      $492,900

      3 bd · 2 ba · 1,536 sqft

      66 Flag Mountain Road, Drake, CO

      Brandon Albrecht · RE/MAX Mountain Brokers

    4. 759 Palisade Mountain Drive — photo50Active

      $475,000

      3 bd · 2 ba · 2,192 sqft

      759 Palisade Mountain Drive, Drake, CO

      Grant Dolby · Dolby Haas

    5. 2365 Storm Mountain Drive — photoPrice Reduced41Active

      $325,000

      1 bd · — ba · 600 sqft

      2365 Storm Mountain Drive, Drake, CO

      Matt Ferren · LoKation-Tucker Group Real Estate

    6. 42 Big Pine Lane — photoPrice Reduced22Active

      $450,000

      1 bd · 1 ba · 924 sqft

      42 Big Pine Lane, Drake, CO

      Kendra Wallis · Keller Williams Top of the Rockies Estes Park

    7. 2459 US Highway 34 — photoPrice Reduced14Active

      $365,000

      2 bd · 1 ba · 1,220 sqft

      2459 US Highway 34, Drake, CO

      Gary Murphy

    8. 2365 W Highway 34 B — photoPrice Reduced38Active

      $369,900

      2 bd · 2 ba · 1,200 sqft

      2365 W Highway 34 B, Drake, CO

      Marie Edwards · Coldwell Banker Estes Village Properties

    9. 47 Berthoud Dale Lane — photoPrice Reduced34Active

      $425,000

      1 bd · 1 ba · 732 sqft

      47 Berthoud Dale Lane, Drake, CO

      Sam Basel · eXp Realty - Estes Park

    10. 2389 US Highway 34 — photoPrice Reduced46Active

      $345,000

      2 bd · 1 ba · 688 sqft

      2389 US Highway 34, Drake, CO

      Trenton Ming · Keller Williams Top of the Rockies Estes Park

    11. 270 River Fork Road — photoPrice Reduced31Active

      $435,000

      3 bd · 2 ba · 1,624 sqft

      270 River Fork Road, Drake, CO

      Michael Richardson · Richardson Team Realty

    12. 291 Palisade Mountain Drive — photoPrice Reduced50Active

      $399,900

      3 bd · 3 ba · 2,468 sqft

      291 Palisade Mountain Drive, Drake, CO

      Rob Kittle · Kittle Real Estate

    12

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    • New construction
    • With a pool

    Your local brokerage

    SM

    Steve Merritt

    Realty.com

    Lic. #ER.100044960

    Call Steve

    Drake, CO community profile

    Area
    59.8 sq. mi.

    Source: HJN community data

    Drake housing market

    August 2026 · This period is still settling

    Homes on the market · MLS, as of Aug 31, 2026

    Median list price
    $486,900
    Homes for sale
    29

    Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Jul 29, 2026

    Median home size
    1,152 sq. ft.