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Off market
  • $1,675,800

    58415 Us Highway 285, Bailey, CO 80421

    21beds
    13baths
    9,891sqft
    MultiFamily
    Built in 1960
    -- sqft lot
    $1,675,800 Zestimate®
    $169/sqft
    $1,606 Estimated rent

    Home value

    $1,675,800

    $1.41M - $1.99M

    $1,606/mo

    Zestimate® history
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    Owner options

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    $1,606/mo

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    $1,606/mo

    Rent Zestimate®

    Refinance and save

    $7,560/mo

    Est. payment

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    $7,560/mo

    Est. payment

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    What's special

    Welcome to Riverbend! This Income Property abounds with potential. Great frontage location with 1200 feet of 285 frontage. 23 acres of accessible mountain property conveniently located in Bailey. Beautifully remodeled Owner/Caretaker house plus 6 cabins, 4 mobile homes and additional RV spots for extra income opportunity. All cabins and mobile homes are currently rented with the exception of one. The main house has been spectacularly updated as well as some of the cabins. There is even an additional buildable home site secluded from the rest of the property with stunning views. 3 wells on the property. Well maintained roads for your tenants, all year long. 2 RV spaces that are rented for $650 and $600/month. Property Borders National Forest land and has direct access to 285. Put your personal stamp on this amazing property and create your own dream opportunity or enjoy passive income. Financial records provided upon request. The upside is endless!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 21
    • Bathrooms: 13
    Heating
    • Forced air, Wall, Propane / Butane
    Features
    • Flooring: Tile, Carpet, Hardwood, Laminate, Linoleum / Vinyl
    • Basement: Finished
    Interior area
    • Total interior livable area: 9,891 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Wood
    • Fencing: Fence
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 23.40 Acres
    • Features: Borders Public Land, Borders National Forest
    Details
    • Parcel number: R0018534
    • Zoning: Mixed Use

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Wood
    • Foundation: Concrete
    • Roof: Composition
    Condition
    • Year built: 1960

    Community & neighborhood

    Location
    • Region: Bailey

    Other

    Other facts
    • Flooring: Wood, Carpet, Tile, Laminate, Vinyl/Linoleum, Plank Vinyl
    • Heating: Forced Air, Propane, Wall Heater
    • ExteriorFeatures: Deck, Yard, Dog Run, Utility Shed, Fence, Front Porch, Pond/Lake
    • Zoning: Mixed Use
    • NumberOfUnitsTotal: 11
    • BusinessType: Storage, Mixed, Bed & Breakfast, Mobile/Trailer Park
    • ConstructionMaterials: Log, Wood Siding
    • OpenParkingSpaces: 0
    • Cooling: Ceiling Fan(s)
    • Roof: Composition Shingles
    • NumberOfUnitsVacant: 1
    • BuildingName: Riverbend
    • LotFeatures: Borders Public Land, Borders National Forest
    • Fencing: Fence
    • StructureType: Ranch/1 Story
    • View: River/Lake View
    • MlsStatus: Active
    • GrossIncome: 91520
    • GrossScheduledIncome: 141600
    • NetOperatingIncome: 31530

    Price history

    DateEventPrice
    1/10/2020Listing removed$1,500,000$152/sqft
    Source: MB CHERRY TREE PROPERTIES INC. #4146003 Report a problem
    6/7/2019Listed for sale$1,500,000+134.4%$152/sqft
    Source: MB CHERRY TREE PROPERTIES INC. #4146003 Report a problem
    9/11/2008Sold$640,000$65/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,703 +1.7%$132,480 -10.6%
    2024$8,561 +47.4%$148,190 -3.4%
    2023$5,809 +0.4%$153,360 +61.8%
    2022$5,787 -6.6%$94,800 -2.8%
    2021$6,198 +7.1%$97,530 +7.1%
    2020$5,786 -1.8%$91,040
    2019$5,890 +22.5%$91,040 +23%
    2017$4,807 +19.6%$74,030 +19.6%
    2016$4,020 -0.8%$61,910
    2015$4,054 +26%$61,910
    2014$3,218 --

    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: The MLS. 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
    $1,675,800
    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
    $1,675,800