$7,480 Closing Credit¹
#4623923, Don Bobeda, Listing Office: Berkshire Hathaway HomeServices Rocky Mountain, REALTORS
#5435721·
Listing Office: Good Neighbor LLC·
Listing Agent: Garrett Newell·
Listing Office Phone: 425-443-9743
$690,000 List price
477 Mount Bailey Dr Bailey, CO 80421
$8,194
Closing credit¹
3 beds
2 full
2,000 sqft
1.4 acres
$345 / sqft
House
Property details
About 477 Mount Bailey Dr
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!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Propane
StatusAccepting Backup Offers
(Pending)
(Pending)
CoolingOther
Size2,000 sqft
BasementYes
Lot size1.36 Acres
Year built1994
MLS #5435721
FireplaceBedroom, Wood Burning Stove
Summary
- MLS Number: 5435721
- MLS Name: RECOLORADO
- Office Name: Good Neighbor LLC
- Office Phone: (425) 443-9743
- Office Email: garrett@thegoodneighbors.com
- Listing Agent: Garrett Newell
Listings courtesy of REColorado as distributed by MLS GRID.
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Presented by Rocket Homes Real Estate, LLC
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The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
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© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 9:12:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$690,000
477 Mount Bailey Dr
$8,194
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 28, 2022 | Home Sold | $559,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $37,140 | $2,161 |
| 2022 | $28,550 | $1,807 |
| 2021 | $29,370 | $1,792 |
| 2020 | $25,650 | $1,630 |
| 2019 | $25,650 | $1,608 |
| 2018 | $21,380 | $1,383 |
| 2017 | $21,380 | $1,381 |
History based on county public records data.
Nearby schools
6
Deer Creek Elementary School
Public District PK-5
2.9 mi
•1737 County Road 43
6
Elk Creek Elementary School
Public District PK-5
6.0 mi
•13304 US Highway 285
7
West Jefferson Elementary School
Public District PK-5
11.8 mi
•26501 Barkley Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $82,484. Most Bailey, CO residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
13%
<35k
51%
35k-100k
34%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
31%
Single, No Kids
7%
Single, with Kids
40%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
14%
18-34 yrs old
53%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 477 Mount Bailey Dr
This home is located at 477 Mount Bailey Dr in Bailey, CO and zip code 80421 in the Burland Ranchettes neighborhood. This 2,000 square foot home, which was built in 1994, sits on a 1.36 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $690,000.
In February 2025 more than 1 listings in Bailey, CO were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 4 were sold below. The inventory of homes for sale in Bailey, CO between January and February 2025 increased by 34.1%. In February 2025 median list price was $602,000 and the average listing age was 135 days.
From Rocket Homes Real Estate and based on county public records data.