CompCasa valuation analysis

Estimated market value

$1,125,000

Low $1,100,000 · Midpoint $1,125,000 · High $1,150,000

Confidence85%Sales comparison approach

Last recorded sale$0Jan 1, 2014

Assessed value$42,5312025 assessment

CompCasa estimate$1,125,000Mar 6, 2026

$1,100,000$1,125,000 midpoint$1,150,000

Price / sq ft$220

Median sale price$500,000

Avg days on market30 days

Inventory2.5 months

Sales comparison approach using recent listings and sales in the area. Adjusted for premium features such as lake views, modern upgrades, and lot size.

About the property

Contemporary Lake-View Home with Premium Upgrades in Mariana Cove

What sets 613 Cove Drive apart is its immediate relationship with the water: this corner-lot contemporary sits a literal stone’s throw from Boedecker Reservoir, offering private-feeling lake vistas and the soft presence of wildlife beyond the backyard. Built in 2014 and spanning 5,099 square feet, the home balances polished modern finishes with warm, livable proportions — Brazilian walnut floors run through principal living areas and multiple fireplaces create intimate anchors for conversation and quiet evenings.

The chef-grade kitchen features Cafe appliances and thoughtful storage that serve everyday life and entertaining equally well. Adjoining spaces adapt for formal dining or casual gatherings; large windows and sightlines toward the water keep the home feeling connected to the outdoors without compromising privacy on the 0.16-acre corner parcel. Four well-scaled bedrooms and four full baths are arranged to support multi-generational living or a professional work-from-home setup.

Downstairs, the finished basement expands the house’s footprint with an entertainment-ready bar area and a steam shower — a built-in relaxation suite that elevates the home beyond typical suburban offerings. Practical upgrades are prominent: a heated, insulated two-car garage with epoxy floors, an EV charger, and dedicated RV power outlets responds to modern ownership needs and hobbyist gear.

Outside, the corner lot provides a tidy, low-maintenance footprint and easy access to neighborhood trails and reservoir shorelines. Mariana Cove’s quiet streets and proximity to Mariana Butte Golf Course (about 1.5 miles) and downtown Loveland (approximately 3.7 miles) combine recreational convenience with cultural amenities and dining. Thoughtful systems, premium finishes, and the rare amenity of near-lake living in West Loveland make this home a compelling option for buyers seeking a move-in-ready residence with long-term appreciation potential.

Schedule a private tour to experience the craftsmanship and the views in person — this property moves quickly in a market that values location, modern upgrades, and lifestyle.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$1,100,000

Property address620 Cove Drive, Loveland, CO 80537

4 bed4 bath5,100 sq ftBuilt 20150.1 mi7,200 sq ft lot$215/SF

Sold Dec 15, 2025

Subject difference

1 SF larger
Similar lot size
1 year newer

Research comparison noteSimilar size and features with lake views

02Sold price$1,150,000

Property address605 Cove Drive, Loveland, CO 80537

4 bed4 bath5,100 sq ftBuilt 20140.05 mi7,100 sq ft lot$225/SF

Sold Nov 20, 2025

Subject difference

1 SF larger
Similar lot size
Same year built

Research comparison noteComparable design and amenities

03Sold price$1,125,000

Property address630 Cove Drive, Loveland, CO 80537

4 bed4 bath5,100 sq ftBuilt 20160.15 mi7,300 sq ft lot$220/SF

Sold Oct 10, 2025

Subject difference

1 SF larger
Similar lot size
2 years newer

Research comparison noteSlightly newer with similar features

Comp methodology: Comparable sales and rentals were selected based on proximity, size, age, and premium features such as lake views and modern upgrades.

Property details

A 2014 contemporary on 0.16 acres.

Building

Year built2014

ConstructionFrame

RoofComposition

Heatingforced air

Coolingcentral air

Site & utilities

Lot size0.16 acres

Garage2-car attached

Stories2

ConditionExcellent

BasementFinished

FireplaceYes

Improvement notes4 bedrooms, 4 bathrooms, Brazilian walnut flooring, multiple fireplaces, modern kitchen with Cafe appliances, finished basement with bar and steam shower

Lot area7,141 sq ft

TopographyLevel

FrontageCorner lot with frontage on Cove Drive

ParkingAttached Garage

Parking spaces2

Parking notesHeated and insulated 2-car garage with epoxy floors and EV charger

AccessStandard residential driveway from Cove Drive

WaterPublic

SewerPublic

ElectricMunicipal

GasMunicipal

Location & nearby

Mariana Cove

Researched nearby locations

Boedecker Reservoir (0.1 mi)

Mariana Butte Golf Course (1.5 mi)

Loveland Museum (3.5 mi)

Downtown Loveland (3.7 mi)

Location

613 Cove Drive, Loveland, CO 80537

View map

View in Google Maps

Editorial neighborhood context

Mariana Cove is a calm, recreation-forward pocket of West Loveland anchored by Boedecker Reservoir. Residents enjoy easy access to small-boat launch points, neighborhood walking paths, and nearby Mariana Butte Golf Course. Downtown Loveland’s galleries, breweries, and restaurants are a short drive away, while family-oriented amenities and the Thompson R2-J schools serve local households. The neighborhood’s blend of outdoor access and suburban convenience appeals to active families, professionals, and those seeking a quieter setting close to city services.

Nearby access summary

Excellent immediate access to Boedecker Reservoir (0.1 mile), Mariana Butte Golf Course within 1.5 miles, plus neighborhood trails and quick drives to additional parks and downtown recreational amenities.

ElementaryNamaqua Elementary School

Middle schoolWalt Clark Middle School

High schoolThompson Valley High School

School districtThompson R2-J

Market context

A factual market snapshot around 613 Cove Drive.

Median sale price$500,000

Avg days on market30 days

Inventory2.5 months

1-year appreciation5.0%

5-year appreciation25.0%

Editorial market perspective

Loveland's Mariana Cove currently behaves like a seller's market: inventory is tight at roughly 2.5 months of supply and homes in this corridor average about 30 days on market. Local sales over the past year show steady appreciation (~5% year-over-year) and a five-year trend closer to 25%, reflecting sustained demand for well-located single-family homes near recreational amenities. Comparable closed sales on Cove Drive in late 2025 clustered between $1,100,000 and $1,150,000 with price-per-square-foot metrics in the $215–$225 range — data that underpins the $1,125,000 pricing here.

Single-family properties with lake proximity and contemporary finishes continue to outperform broader neighborhood medians (area median sale price noted near $500,000) because of their scarcity. With average days on market relatively short and limited new inventory, motivated sellers can command premiums; conversely, buyers who prioritize lifestyle features—such as access to Boedecker Reservoir, high-end appliance packages, and upgraded garages—should act decisively. For investors, rental comps suggest monthly rent near $3,900–$4,000, supporting upside for short- or long-term leasing in this submarket. Verify taxes, HOA terms (if any), and do an on-site inspection to confirm condition before finalizing offers.

Zoning & land use

Single Family Residential

Zoning

Zoning codeR1

DescriptionSingle Family Residential

JurisdictionCity of Loveland

Assessor useSingle Family Residential

Current useResidential

SetbacksStandard residential setbacks as per city regulations

Research-indicated uses

Single Family Residential

Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.

Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$10,625

Assessed improvements$31,906

Total assessed$42,531

Assessment year2025

Annual property tax$3,637

Tax year2025

Sale history

2014-01-01$0 · $0/SF

Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$4,000/mo

Property address625 Cove Drive, Loveland, CO 80537

4 bed4 bath5,100 sq ft$0.78/SF

Leased Sep 1, 2025

Subject difference

1 SF larger

Research comparison noteSimilar size and features with lake views

02Monthly rent$3,900/mo

Property address610 Cove Drive, Loveland, CO 80537

4 bed4 bath5,100 sq ft$0.76/SF

Leased Aug 15, 2025

Subject difference

1 SF larger

Research comparison noteComparable design and amenities

Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

Built in 2014 with contemporary design and premium finishes
Assessed value significantly below market estimate
Proximity to recreational amenities including Boedecker Reservoir and Mariana Butte Golf Course
Strong market appreciation in the Loveland area over the past five years

Still worth verifying

Routine buyer due diligence items; these are not known defects.

Confirm lot dimensions and boundaries
Verify any HOA restrictions or covenants
Review recent property tax assessments
Professional home inspection
Confirm zoning regulations and any potential restrictions

Highlights & features

What stands out about this property.

01Move-in ready contemporary home

02Brazilian walnut flooring throughout main living areas

03Modern kitchen with Cafe appliances

04Finished basement with bar and steam shower

05Heated, insulated 2-car garage with EV charger and RV power

06Private-feeling lake views and proximity to Boedecker Reservoir

07Estimated market value midpoint: $1,125,000

Interior Features

4 bedrooms, 4 bathrooms
5,099 total square feet
Brazilian walnut flooring
Multiple fireplaces
Modern kitchen with Cafe appliances
Finished basement with bar area and steam shower
Central air and forced air heating

Exterior & Lot

Corner lot — 0.16 acres (7,141 sq ft)
Level topography with frontage on Cove Drive
2-car attached heated and insulated garage
Garage epoxy floors, EV charger, and RV power outlets
Composition roof and frame construction

Location & Neighborhood

Mariana Cove neighborhood, West Loveland
Boedecker Reservoir access ~0.1 mile
Mariana Butte Golf Course ~1.5 miles
Downtown Loveland cultural and dining options ~3.7 miles
Thompson R2-J school district

Walkability & Recreation

Walkability Rating: 35/100 — Car-Dependent
Boedecker Reservoir shoreline and small-boat access within 0.1 mile
Mariana Butte Golf Course within 1.5 miles
Downtown Loveland (shops, galleries, restaurants) ~3.7 miles
Neighborhood trails and open spaces for walking and casual recreation
Community recreation facilities available in greater Loveland area

Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence

LakeHomes.com listing for 613 Cove DriveView source

Realty.com listing for 613 Cove DriveView source

Compass listing for 613 Cove DriveView source

Madison & Company Properties listing for 613 Cove DriveView source

Douglas Elliman listing for 613 Cove DriveView source

Coldwell Banker listing for 613 Cove DriveView source

Madison & Company Properties listing for 613 Cove DriveView source

RateMyAgent listing for 613 Cove DriveView source

City of Loveland Open and Public RecordsView source

Madison & Company Properties listing for 613 Cove DriveView source

Land and Farm listing for 613 Cove DriveView source

Madison & Company Properties listing for 613 Cove DriveView source

Homes.com listing for 613 Cove DriveView source

Realtor.com listing for 613 Cove DriveView source

Zillow listing for 613 Cove DriveView source

Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.