Perched amid the natural splendor of Elk Creek Meadows in Bailey, CO (45 miles southwest of Denver), this unique mountain retreat offers panoramic views of the Rocky Mountains, frequent wildlife sightings, and a peaceful place to call home. Crafted with classic D-log construction and wrapped in timeless wood paneling and large floor-to-ceiling windows, this home exudes rustic charm with modern comforts and upgraded features throughout. The spacious living room is anchored by a cozy fireplace, while vaulted ceilings, skylights, and a large bay window that illuminates the kitchen and dining area. Around the corner, a large primary suite with an upgraded en-suite bath is located. The fully finished, walk-out basement with newer premium carpet and padding offers ample space, privacy, and flexibility via two additional bedrooms, a full bathroom, and a secondary living area with a wood-burning stove and office nook. Additional amenities include a paved driveway, RV or boat parking, a shed, a detached two-car garage, and two additional parking spaces near the house. The expansive updated wraparound Timber-Tech deck invites year-round enjoyment of the stunning vistas while the patio below offers star gazing and stories around the gas fire pit. The well-maintained grounds are shaded by mature trees, surrounded by majestic skylines, and close to nature hikes, four-wheeling trails, 14ers, and more. This property is the perfect blend of tranquility, serenity, and functionality and is situated just moments from Bailey’s local amenities.
Sold for $614,000
$614,000
142 Summit Way, Bailey, CO 80421
3beds
2,024sqft
Single Family Residence
Built in 1994
0.8 Acres Lot
$586,600 Zestimate®
$303/sqft
$2,881 Estimated rent
Home value
$586,600
$516,000 - $669,000
$2,881/mo
Zestimate® history
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List your homeWhat's special
Cozy fireplaceStunning vistasVaulted ceilingsFully finished walk-out basementFrequent wildlife sightingsLarge floor-to-ceiling windowsLarge bay window
Zillow last checked:
Listing updated:
Listed by:
Christian Mulhern 303-881-9960 christian@Milehimodern.com,
Milehimodern
Bought with:
Kellie Craig, 100066937
Realty One Group Five Star
Source: REcolorado as distributed by MLS GRID,MLS#: 7152100
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom
- Level: Basement
Bedroom
- Level: Basement
Primary bathroom
- Level: Main
Bathroom
- Level: Basement
Dining room
- Level: Main
Family room
- Level: Basement
Kitchen
- Level: Main
Laundry
- Level: Basement
Living room
- Level: Main
Heating
- Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer
- Laundry: In Unit
Features
- Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, Granite Counters, High Speed Internet, Pantry, Primary Suite, Smoke Free, Vaulted Ceiling(s)
- Flooring: Carpet, Tile, Wood
- Windows: Bay Window(s), Double Pane Windows, Window Coverings
- Basement: Finished,Full,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Basement, Family Room, Wood Burning, Wood Burning Stove
Interior area
- Total structure area: 2,024
- Total interior livable area: 2,024 sqft
- Finished area above ground: 1,012
- Finished area below ground: 892
Property
Parking
- Total spaces: 5
- Parking features: Asphalt
- Garage spaces: 2
- Details: RV Spaces: 3
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Front Porch, Patio, Wrap Around
- Exterior features: Balcony, Fire Pit, Private Yard
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.8 Acres
- Features: Cul-De-Sac, Many Trees, Mountainous
Details
- Parcel number: 18299
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain Contemporary
- Property subtype: Single Family Residence
Materials
- Log
- Foundation: Raised, Slab
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1994
Utilities & green energy
- Water: Well
- Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Water Leak/Flood Alarm
- Subdivision: Elk Creek Meadows
HOA
- Has HOA: Yes
- HOA fee: $100 annually
- HOA name: Elk creek highlands property owners association
Location
- Region: Bailey
Financial & listing details
- Price per square foot: $303/sqft
- Tax assessed value: $576,986
- Annual tax amount: $2,241
- Date on market: 7/10/2025
- Listing terms: 1031 Exchange,Cash,Conventional,Other,VA Loan
- Exclusions: Seller's Personal Property And/Or Staging Items.
- Ownership: Corporation/Trust
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2025 | Sold | $614,000-1.8%$303/sqft |
Source:  REcolorado as distributed by MLS GRID #7152100 Report a problem | ||
| 8/5/2025 | Pending sale | $624,999$309/sqft |
Source: REcolorado as distributed by MLS GRID #7152100 Report a problem | ||
| 7/10/2025 | Listed for sale | $624,999+155.1%$309/sqft |
Source: REcolorado as distributed by MLS GRID #7152100 Report a problem | ||
| 4/12/2010 | Sold | $245,000-1.8%$121/sqft |
Source: Public Record Report a problem | ||
| 3/6/2010 | Listed for sale | $249,500-20.8%$123/sqft |
Source: RE/MAX Alliance - Evergreen #857848 Report a problem | ||
| 10/16/2008 | Listing removed | $314,900$156/sqft |
Source: Listhub #662997 Report a problem | ||
| 9/28/2008 | Listed for sale | $314,900$156/sqft |
Source: Listhub #662997 Report a problem | ||
| 8/23/2008 | Listing removed | $314,900$156/sqft |
Source: Listhub #662997 Report a problem | ||
| 6/24/2008 | Listed for sale | $314,900$156/sqft |
Source: Listhub #662997 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,241 +1.7% | $38,660 +2% |
| 2024 | $2,205 +20.4% | $37,890 -9.7% |
| 2023 | $1,831 +3.7% | $41,980 +45.2% |
| 2022 | $1,765 -6.6% | $28,920 -2.8% |
| 2021 | $1,891 +18.2% | $29,750 +18.2% |
| 2020 | $1,599 -1.8% | $25,160 |
| 2019 | $1,628 +20.4% | $25,160 +20.8% |
| 2017 | $1,352 +10% | $20,820 +10% |
| 2016 | $1,229 -0.8% | $18,920 |
| 2015 | $1,239 +23.1% | $18,920 |
| 2014 | $1,006 -6.4% | -- |
| 2013 | $1,075 +0.5% | $16,050 |
| 2012 | $1,070 +6.4% | -- |
| 2011 | $1,006 | -- |
Find assessor info on the county website
Neighborhood: 80421
Nearby homes
- $384,8002 bd1 ba720 sqft99 Park Way, Bailey, CO 80421Off Market
- $593,3004 bd2 ba1.2k sqft170 Summit Way, Bailey, CO 80421Off Market
- $420,0002 bd1 ba660 sqft130 Summit Way, Bailey, CO 80421Sold
- $622,0003 bd3 ba2.7k sqft141 Summit Way, Bailey, CO 80421Sold
- $353,5002 bd1 ba672 sqft110 Park Way, Bailey, CO 80421Off Market
- $363,7002 bd1 ba660 sqft77 Park Way, Bailey, CO 80421Off Market
- $735,0003 bd3 ba2.3k sqft111 Mount Evans Dr, Bailey, CO 80421Sold
- $506,8002 bd1 ba840 sqft124 Summit Way, Bailey, CO 80421Off Market
Nearby schools
GreatSchools rating
- 7/10Deer Creek Elementary SchoolGrades: PK-5Distance: 4.4 mi
- 8/10Fitzsimmons Middle SchoolGrades: 6-8Distance: 5.7 mi
- 5/10Platte Canyon High SchoolGrades: 9-12Distance: 5.7 mi
Schools provided by the listing agent
- Elementary: Deer Creek
- Middle: Fitzsimmons
- 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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- Colorado
- Park County
- Bailey
- 80421
- 142 Summit Way
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