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2301 W Highway 34

$725,000
2301 W Highway 34, Drake, CO 80515
2301 W Highway 34

2301 W Highway 34

$725,000

2 fantastic cottages with active, transferable use as STRs! Main cottage is a 1924sf, 3br/2ba with great character and spaces to gather, both inside and out. Next door is the second cottage with 592sf and a super-cute 1br/1ba layout, including its own private outdoor space. Very popular Short Term Rentals, offered fully furnished and ready to keep producing about $80k/year in rents or enjoy as your own compound. Can rent individually under the rare Commercial Destination Zoning! Detached 2-car garage and ample parking. A gentle path leads to great fly-fishing in The Big Thompson River and the property adjoins National Forest for endless adventures. A sweet offering of 2 successful Short Term Rentals and just 10 minutes to downtown Estes park, for $749,000!
Olivia Caldwell-Nepveux
Olivia Caldwell-Nepveux Contact

Features & Amenities

Interior

Total Bedrooms 4
Total Bathrooms 3
Full Bathrooms 1
Three Quarter Bathrooms 2
Laundry Room In Unit
Flooring Wood
Fireplace Free Standing, Other
Appliances Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Other Interior Features In-Law Floorplan, Open Floorplan, Vaulted Ceiling(s)

Exterior

Stories 1
Garage Space 2.0
Water Source Well
Utilities Electricity Available
ROOF Composition
Lot Features Borders National Forest, Level, Rock Outcropping
Parking Oversized, RV Access/Parking
Heat type Baseboard
Air Conditioning Ceiling Fan(s)
Sewer Septic Tank
Security Features Smoke Detector(s)
Other Exterior Features Gas Grill

Area & Lot

Status Sold
Date Sold July 20, 2026
LIVING SPACE 2,516 Sq.Ft.
TOTAL AREA 2,516 Sq.Ft.
LOT SIZE 0.84 Acres
MLS® ID IR1058707
Type Residential
Year Built 1925
Neighborhood Estes Park
Architecture Styles Contemporary, Cottage
ELEMENTARY SCHOOL Estes Park
MIDDLE SCHOOL Estes Park
HIGH SCHOOL Estes Park
School District Estes Park R-3

Financial

SALES PRICE $725,000
REAL ESTATE TAXES $3,042/yr
Zoning CD
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Estes Park

Estes Park

Estes Park is one of Colorado’s most iconic mountain destinations and a top performing short term rental market. Known as the gateway to Rocky Mountain National Park, the town attracts millions of visitors each year seeking outdoor adventure, wildlife, and scenic cabin getaways. Investors value Estes Park for its exceptionally strong Airbnb demand, high nightly rates, and limited inventory. With steady appreciation and year round tourism, Estes Park offers some of the strongest STR investment potential in the state in areas where short term rentals are permitted.

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