This updated 3-bedroom, 2-bathroom mountain home offers the perfect blend of comfort, style, and investment potential. With $99k in gross earnings in 2023 and over $122k in 2024, this home has proven short-term rental success and shows great potential for future income.
Over $100k in recent renovations have been made to enhance the property including luxury vinyl plank flooring on both levels, new windows, an upgraded well tank, new insulation, and updated lighting fixtures throughout. The home comes fully furnished and professionally designed, with all interior and exterior furniture, appliances, and amenities included. This turnkey property is ready for immediate use.
The outdoor space is an entertainer's dream with three spacious decks featuring a variety of dining furniture and seating, a hot tub, a propane fire pit, a hammock, and a porch swing. An exterior shed is already wired for a future sauna, offering additional luxury options for relaxation.
Inside, the updated primary bedroom boasts a cozy wood-burning stove, creating a warm and inviting atmosphere. Both bathrooms have been renovated with new tile and countertops. The kitchen is equipped with stainless steel appliances including a gas range, perfect for any home chef.
Whether you're looking for a serene mountain getaway, a secondary home, or a profitable short-term rental, this property has it all. A full proforma, including 2025 income projections and actual 2023-2024 income statements, is available upon request. Don’t miss the opportunity to own this stunning mountain retreat in Bailey. Reach out today for more information or to schedule a showing!
Sold for $690,000
$690,000
477 Mount Bailey Drive, Bailey, CO 80421
3beds
2,000sqft
Single Family Residence
Built in 1994
1.36 Acres Lot
$622,500 Zestimate®
$345/sqft
$2,841 Estimated rent
Home value
$622,500
$542,000 - $710,000
$2,841/mo
Zestimate® history
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$2,841/mo
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$2,841/mo
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$3,905/mo
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$3,905/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Garrett Newell 425-443-9743 garrett@thegoodneighbors.com,
Good Neighbor LLC
Bought with:
Chantal Duame, 100078764
Good Neighbor LLC
Source: REcolorado as distributed by MLS GRID,MLS#: 5435721
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 266 Square Feet
- Dimensions: 14 x 19
Bedroom
- Level: Basement
- Area: 208 Square Feet
- Dimensions: 16 x 13
Bedroom
- Level: Basement
- Area: 170 Square Feet
- Dimensions: 17 x 10
Bathroom
- Level: Main
Bathroom
- Level: Basement
Dining room
- Level: Main
- Area: 120 Square Feet
- Dimensions: 10 x 12
Family room
- Level: Basement
- Area: 190 Square Feet
- Dimensions: 10 x 19
Kitchen
- Level: Main
Laundry
- Level: Basement
Living room
- Level: Main
- Area: 266 Square Feet
- Dimensions: 19 x 14
Heating
- Forced Air, Propane
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Features
- Ceiling Fan(s), Open Floorplan, Smoke Free, Tile Counters, Walk-In Closet(s)
- Flooring: Tile, Vinyl
- Basement: Finished,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Bedroom, Wood Burning Stove
- Furnished: Yes
Interior area
- Total structure area: 2,000
- Total interior livable area: 2,000 sqft
- Finished area above ground: 1,000
- Finished area below ground: 1,000
Property
Parking
- Total spaces: 2
- Details: Off Street Spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Barbecue, Fire Pit
- Has spa: Yes
- Spa features: Spa/Hot Tub, Heated
Lot
- Size: 1.36 Acres
Details
- Parcel number: 16595
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain Contemporary
- Property subtype: Single Family Residence
Materials
- Cedar, Frame, Wood Siding
- Roof: Composition
Condition
- Year built: 1994
Utilities & green energy
- Water: Well
Community & neighborhood
Location
- Region: Bailey
- Subdivision: Burland Ranchettes
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $20 annually
- Association name: Burland Ranchettes
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Individual
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2025 | Sold | $690,000$345/sqft |
Source:  REcolorado as distributed by MLS GRID #5435721 Report a problem | ||
| 2/3/2025 | Pending sale | $690,000$345/sqft |
Source: REcolorado as distributed by MLS GRID #5435721 Report a problem | ||
| 1/30/2025 | Listed for sale | $690,000+23.3%$345/sqft |
Source: REcolorado as distributed by MLS GRID #5435721 Report a problem | ||
| 6/28/2022 | Sold | $559,500+30.1%$280/sqft |
Source: Public Record Report a problem | ||
| 7/5/2019 | Listing removed | $430,000$215/sqft |
Source: 285 Realty #5082643 Report a problem | ||
| 6/26/2019 | Price change | $430,000-4.4%$215/sqft |
Source: 285 Realty #5082643 Report a problem | ||
| 6/15/2019 | Listed for sale | $450,000$225/sqft |
Source: 285 Realty #5082643 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,197 +1.7% | $37,960 +2.2% |
| 2024 | $2,161 +19.6% | $37,140 -9.9% |
| 2023 | $1,808 +3.7% | $41,220 +44.4% |
| 2022 | $1,743 -6.6% | $28,550 -2.8% |
| 2021 | $1,867 +14.5% | $29,370 +14.5% |
| 2020 | $1,630 -1.8% | $25,650 |
| 2019 | $1,660 +19.5% | $25,650 +20% |
| 2017 | $1,388 +17% | $21,380 +17% |
| 2016 | $1,186 -0.8% | $18,270 |
| 2015 | $1,196 +25.2% | $18,270 |
| 2014 | $956 -8.8% | -- |
| 2013 | $1,048 +0.5% | $15,240 |
| 2012 | $1,043 +6.4% | -- |
| 2011 | $980 | -- |
Find assessor info on the county website
Neighborhood: 80421
Nearby schools
GreatSchools rating
- 7/10Deer Creek Elementary SchoolGrades: PK-5Distance: 2.9 mi
- 8/10Fitzsimmons Middle SchoolGrades: 6-8Distance: 4.1 mi
- 5/10Platte Canyon High SchoolGrades: 9-12Distance: 4.1 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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Estimated market value
$622,500
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
$622,500
- Colorado
- Park County
- Bailey
- 80421
- 477 Mount Bailey Drive
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