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Sold for $245,000
  • $245,000

    387 S Pine Drive, Bailey, CO 80421

    2beds
    840sqft
    Single Family Residence
    Built in 1972
    0.6 Acres Lot
    $379,300 Zestimate®
    $292/sqft
    $1,962 Estimated rent

    Home value

    $379,300

    $349,000 - $410,000

    $1,962/mo

    Zestimate® history
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    What's special

    Nestled amidst the tranquil beauty of Bailey, Colorado, this charming small cabin presents a wonderful chance to create your dream mountain haven. Boasting 840 square feet of rustic living space, this property offers 2 bedrooms and 1 bathroom, Inside, the cabin unfolds to reveal an open and inviting layout, making the most of its 840 square feet. The main living area seamlessly integrates the living room, dining area, and kitchen, providing a cozy space for relaxation and entertainment. While this cabin presents a wonderful canvas for customization, it's important to note that some updating is required. Whether you're an enthusiastic DIY renovator or looking to collaborate with professionals, the potential of this property is boundless. The spacious lot allows for endless possibilities - from creating an outdoor oasis to establishing a garden retreat, your imagination can truly be let go. Located in the heart of Bailey, Colorado, this cabin benefits from its proximity to an abundance of outdoor activities, from hiking and biking to fishing and camping. The surrounding area offers a welcoming community and easy access to the natural beauty that defines Colorado mountain living. In summary, this 2-bedroom, 1-bathroom cabin with 840 square feet is a remarkable canvas for customization. With a little TLC, this property has the potential to be transformed into the mountain escape you've always envisioned. Don't miss the chance to create your own slice of paradise in the captivating landscape of Bailey, Colorado. Some work has been completed by seller. New anderson windows, new electrical box, new water heater, stove, refrigerator, toilet and bath faucet, new storm doors on the front and rear doors, furnace inspected and venting repaired.

    Zillow last checked:

    Listing updated:

    Listed by:

    Vicki Wimberly 303-210-8577 VICKI.WIMBERLY@CBREALTY.com,

    Coldwell Banker Realty 28

    Bought with:

    Vicki Wimberly, 100036006

    Coldwell Banker Realty 28

    Source: REcolorado as distributed by MLS GRID,MLS#: 6849927MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Bedroom
    • Description: Bunk Beds Included
    • Level: Main
    • Area: 99.75 Square Feet
    • Dimensions: 9.5 x 10.5
    Bedroom
    • Level: Main
    • Area: 221 Square Feet
    • Dimensions: 13 x 17
    Bathroom
    • Level: Main
    • Area: 67.5 Square Feet
    • Dimensions: 7.5 x 9
    Kitchen
    • Level: Main
    • Area: 140 Square Feet
    • Dimensions: 10 x 14
    Laundry
    • Description: Washer/Dryer Included
    • Level: Main
    • Area: 30 Square Feet
    • Dimensions: 5 x 6
    Living room
    • Description: Wood Burning Stove
    • Level: Main
    • Area: 238 Square Feet
    • Dimensions: 14 x 17
    Heating
    • Forced Air, Propane, Wood Stove
    Cooling
    • None
    Appliances
    • Included: Dryer, Gas Water Heater, Range, Washer
    Features
    • Ceiling Fan(s), Eat-in Kitchen, No Stairs
    • Flooring: Carpet, Laminate, Tile
    • Windows: Double Pane Windows, Window Coverings
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 840
    • Total interior livable area: 840 sqft
    • Finished area above ground: 840

    Property

    Parking
    • Total spaces: 4
    • Details: Off Street Spaces: 4
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Front Porch
    • Exterior features: Private Yard
    • Fencing: None
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 0.6 Acres
    • Residential vegetation: Aspen, Brush, Grassed, Wooded
    Details
    • Parcel number: 15707
    • Zoning: Res
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Cedar, Frame
    • Roof: Composition
    Condition
    • Fixer
    • Year built: 1972

    Utilities & green energy

    • Electric: 110V
    • Water: Well
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Subdivision: Friendship Ranch
    HOA
    • Has HOA: No
    Location
    • Region: Bailey

    Financial & listing details

    • Price per square foot: $292/sqft
    • Tax assessed value: $279,462
    • Annual tax amount: $1,154
    • Date on market: 8/22/2023
    • Listing terms: Cash,Conventional
    • Exclusions: Seller Personal Property. Most Of The Furniture Can Be Left With The House
    • Ownership: Individual
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/15/2023Sold$245,000-15.5%$292/sqft
    Source: REcolorado as distributed by MLS GRID #6849927 Report a problem
    11/30/2023Pending sale$290,000$345/sqft
    Source: REcolorado as distributed by MLS GRID #6849927 Report a problem
    11/17/2023Listed for sale$290,000$345/sqft
    Source: REcolorado as distributed by MLS GRID #6849927 Report a problem
    11/8/2023Pending sale$290,000$345/sqft
    Source: REcolorado as distributed by MLS GRID #6849927 Report a problem
    9/24/2023Price change$290,000-17.1%$345/sqft
    Source: REcolorado as distributed by MLS GRID #6849927 Report a problem
    9/9/2023Pending sale$350,000$417/sqft
    Source: REcolorado as distributed by MLS GRID #6849927 Report a problem
    8/22/2023Listed for sale$350,000$417/sqft
    Source: REcolorado as distributed by MLS GRID #6849927 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,027 -14.7%$18,730 -9.6%
    2024$1,205 +4.4%$20,710 -15.9%
    2023$1,154 +3.7%$24,640 +35.2%
    2022$1,113 -6.6%$18,230 -2.8%
    2021$1,192 +17.6%$18,750 +17.6%
    2020$1,014 -1.8%$15,950
    2019$1,032 +25.1%$15,950 +25.6%
    2017$825 +18.5%$12,700 +18.5%
    2016$696 -0.8%$10,720
    2015$702 +8.4%$10,720
    2014$648 -1.8%--
    2013$659 +0.5%$10,330
    2012$656 +6.4%--
    2011$617 --
    Find assessor info on the county website

    Neighborhood: 80421

    Nearby schools

    GreatSchools rating
    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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    Estimated market value
    $379,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $379,300