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Sold for $450,000
  • $450,000

    120 Road P78, Bailey, CO 80421

    1beds
    670sqft
    Single Family Residence
    Built in 1983
    8.1 Acres Lot
    $477,300 Zestimate®
    $672/sqft
    $1,802 Estimated rent

    Home value

    $477,300

    $453,000 - $501,000

    $1,802/mo

    Zestimate® history
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    What's special

    Nestled among mature pines in the peaceful mountain community of Bailey, this charming 670 sq. ft. home offers the perfect blend of rustic character and convenience. The beautifully treed property covers MORE THAN 8 ACRES overall! Surrounded by scenic mountain views, the house makes an ideal full-time residence, serene retreat or weekend getaway, or wherever your imagination takes you. The inviting glass-fronted family room fills the home with natural light while bringing the outdoors in; it can also double as an additional sleeping area. Meanwhile, an efficient eat-in kitchen provides a comfortable gathering place for family and friends. The distinctive metal spiral staircase leads to a cozy loft bedroom tucked under the eaves, creating a warm mountain-cabin atmosphere. Built-in living room storage maximizes functionality without sacrificing charm. Outside, the fenced backyard is perfect for a dog run, gardening, or simply relaxing in the quiet surroundings. Family members note the benefits of living in a GATED community that has been recently fire mitigated. Enjoy the tranquility of mountain living with the convenience of easy access to Denver, nearby mountain communities, world-class skiing, and countless year-round outdoor recreation opportunities. Experience the peace, privacy, and beauty of Bailey—call for your personal showing today! Please note**24-hour notice needed for showings; current tenant shall be given 60 days' notice to move out.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Petersmith 303-478-3446 davepetersmith@gmail.com,

    Choice Property Brokers LTD

    Bought with:

    David Petersmith, 000983915

    Choice Property Brokers LTD

    Source: REcolorado as distributed by MLS GRID,MLS#: 6562180MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    Bedroom
    • Description: Loft Bedroom
    • Level: Upper
    • Area: 109.36 Square Feet
    • Dimensions: 8 x 13.67
    Bathroom
    • Level: Main
    Family room
    • Description: Family Room/Sleeping Area
    • Level: Main
    • Area: 113.39 Square Feet
    • Dimensions: 17 x 6.67
    Kitchen
    • Description: Kitchen/Dining Room
    • Level: Main
    • Area: 125 Square Feet
    • Dimensions: 12.5 x 10
    Living room
    • Description: Natural Gas Heating Stove
    • Level: Main
    • Area: 92.04 Square Feet
    • Dimensions: 7.67 x 12
    Heating
    • Baseboard, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Oven, Range, Refrigerator
    Features
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Gas, Living Room
    Interior area
    • Total structure area: 670
    • Total interior livable area: 670 sqft
    • Finished area above ground: 670

    Property

    Parking
    • Total spaces: 4
    • Details: Off Street Spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: Partial
    Lot
    • Size: 8.1 Acres
    Details
    • Parcel number: 47241
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame, Wood Siding
    • Roof: Composition,Rolled/Hot Mop
    Condition
    • Year built: 1983

    Community & HOA

    Community
    • Subdivision: Road P-78
    HOA
    • Has HOA: No
    Location
    • Region: Bailey

    Financial & listing details

    • Price per square foot: $672/sqft
    • Tax assessed value: $372,382
    • Annual tax amount: $1,490
    • Date on market: 8/10/2026
    • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
    • Exclusions: Sellers' Personal Property.
    • Ownership: Corporation/Trust
    • Lease term: Other

    Price history

    DateEventPrice
    10/6/2026Sold$450,000-9.1%$672/sqft
    Source: REcolorado as distributed by MLS GRID #6562180 Report a problem
    9/9/2026Pending sale$495,000$739/sqft
    Source: REcolorado as distributed by MLS GRID #6562180 Report a problem
    8/10/2026Listed for sale$495,000$739/sqft
    Source: REcolorado as distributed by MLS GRID #6562180 Report a problem
    9/8/2025Listing removed$1,500$2/sqft
    Source: Zillow Rentals Report a problem
    7/1/2025Price change$1,500-6.3%$2/sqft
    Source: Zillow Rentals Report a problem
    6/6/2025Price change$1,600-5.9%$2/sqft
    Source: Zillow Rentals Report a problem
    5/13/2025Listed for rent$1,700$3/sqft
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,017 +1.7%$24,950 -26.8%
    2024$1,984 +27.8%$34,090 -10.6%
    2023$1,552 +3.7%$38,140 +55.5%
    2022$1,497 -6.6%$24,520 -2.8%
    2021$1,603 +22.8%$25,220 +22.8%
    2020$1,305 -1.8%$20,530
    2019$1,328 +16.5%$20,530 +16.9%
    2017$1,140 +14.5%$17,560 +14.5%
    2016$995 -0.8%$15,330
    2015$1,004 -2.4%$15,330
    2014$1,028 +5.2%--
    2013$978 +0.5%$16,400
    2012$973 +6.4%--
    2011$915 --
    Find assessor info on the county website

    Neighborhood: 80421

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fitzsimmons
    • Middle: Platte Canyon
    • High: Platte Canyon
    • District: Platte Canyon RE-1

    Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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