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For sale
  • $495,000

    120 Road P78, Bailey, CO 80421

    1beds
    670sqft
    : 
    $2,979/mo
    Get pre-qualified
    Single Family Residence
    Built in 1983
    8.1 Acres Lot
    $-- Zestimate®
    $739/sqft
    $-- HOA

    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.
    11 days
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    Zillow last checked:

    Listing updated:

    Listed by:

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

    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: $739/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

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 80421

        Getting around

        0 / 100
        Car-Dependent

        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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