$690,000

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)
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

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Equal Housing

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6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

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Last updated on: 3/14/2025, 1:57:49 AM 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

deck with an outdoor living space with a fire pit

$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

DateEventPrice
Jun 28, 2022
Home Sold
$559,500

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $82,484. Typical income of Bailey, CO residents is between $35k-100k annually. Typical family type is married, no kids. The majority of residents in this area 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?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • DillardsDillards
  • Dick's Sporting GoodsDick's Sporting Goods
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Texas RoadhouseTexas Roadhouse
  • Hardee'sHardee's

What do the neighbors drive?

  • CadillacCadillac
  • SubaruSubaru
  • RamRam

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • New CountryNew Country
  • Classic CountryClassic 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.

Over 1 listings were sold over their listed price in February 2025 in Bailey, CO. In the same period over 4 listings were sold below the listed price and 4 listings were sold for the listed price. Between January and February 2025, Bailey, CO real estate market has seen increase in the number of listings 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.

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