NOT LISTED FOR SALE

1364 Royal Ridge Dr Unit 21 Bailey, CO 80421

Estimated Value: $350,000 - $370,000

5.38 Acres
$67,250 Price per Acre
234,353 Sq Ft Lot

Last Sold March 31, 2025

Last sale price $355,000

Est. 2% increase in value since last sale

Current estimated payment $2,435/month

281 Days on Market

Highlights

  • 5.38 Acre Lot
  • Mountain View
  • Foothills
  • Aspen Trees
  • Secluded Lot
  • Trails

About This Lot

As of March 2025

PROPERTY VIDEO:
Primo lot. 5.38 acres at elevation 9,450'. All infrastructure ready or installed. Phone, electricity, and natural gas in/on road. 500-foot well installed, producing 3.81 gallons per minute. 1500-gallon septic system installed, enough for five-bedroom home. 215-foot rough-in driveway installed. 38' x 28' walkout basement has been sited & excavated to capture the 360-degree panorama. Spectacular views of several Front Range peaks. Max southern exposure. Groomed lot. Terrain gradually descends: flat, to gentle slope, to steep slope, ending at CR 43 (elevation 9000', no lot access). Beautiful outcroppings. Large sandstones (red rocks) were harvested and set aside to adorn the new landscape. Surrounded by tree lines. Mature aspen, pine, spruce, and fir abound. Bear, moose, bighorn, and deer frequent. Subdivision borders national forest on north & west. 19.6 miles to Safeway (two traffic lights, 30 minutes); 51 miles to downtown Denver (1 hour); 75 miles to DIA (two traffic lights, 90 minutes). Less than four miles to the summit of Mount Logan; three-minute walk to Pike National Forest.

Last Agent to Sell the Property

Trang Janick

Madison & Company Properties Brokerage Email: Trang@MadisonProps.com,303-956-0792 License #100075506 Listed on: 05/22/2024

Madison & Company Properties

Last Buyer's Agent

Wendy Taylor

285 Realty License #40011062

Property Details

Property Type

  • Land

Lot Details

  • 5.38 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Planted Vegetation
  • Natural State Vegetation
  • Secluded Lot
  • Level Lot
  • Cleared Lot
  • Aspen Trees
  • Pine Trees
  • Wooded Lot
  • Many Trees
  • Development of the land is complete

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • Dirt Driveway

Property Views

  • Mountain Views

Utilities

  • Private Water Source
  • Well
  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 44465

Community Details

Overview

  • Association fees include road maintenance, snow removal
  • Forest Ridge Homeowners Association, Phone Number (303) 209-6349
  • Forest Ridge Subdivision
  • Foothills

Recreation

  • Trails
  • Fire Mitigation

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Improved Land
  • Current Use: Vacant
  • Exclusions: N/A
  • Directions: Turn onto CR-43 (at the Loaf and Jug gas station). Continue all the way down. Left onto Royal Ridge Drive (look for Royal Ridge entrance sign) and drive all the way to the top - before the cul de sac. Look for sign on the left.
  • SubdivisionName: Forest Ridge
  • Ownership: Individual
  • REC_ExpectedActiveDate: 2024-05-22
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.93668
  • Special Features: VirtualTour

Exterior Features

  • View: Mountain(s)
  • Road Frontage Type: Private Road
  • Road Surface Type: Dirt

Garage/Parking

  • Parking Features: Driveway-Dirt
  • Attached Garage: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance, Snow Removal
  • Association Name: Forest Ridge Homeowners
  • Association Fee Frequency: Annually
  • Association Amenities: Trail(s)
  • Association Fee: 555
  • Phone: 303-209-6349
  • Association: Yes

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 555.00
  • REC_AssociationFeeTotalAnnual: 555.00
  • REC_AssociationManagementType: Self Managed
  • REC_AssociationURL: www.FRHOA.com

Lot Info

  • Horses: No
  • Parcel Number: 44465
  • Lot Size Acres: 5.38
  • Fencing: None
  • Possible Use: Residential
  • Lot Features: Fire Mitigation, Foothills, Level, Many Trees, Rolling Slope, Secluded, Sloped
  • Lot Size Sq Ft: 234352.8
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5888

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Mar 31, 2025
Sold by
Nolan Charles T and Nolan Deborah K
Bought by
Hart James A
Seller's Agent
Trang Janick
Madison & Company Properties
Buyer's Agent
Wendy Taylor
285 Realty
List Price
$379,000
Sold Price
$355,000
Premium/Discount to List
-$24,000
-6.33%
Views
52
Current Estimated Value
$361,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,804
Avg. Annual Appreciation
2.53%

Purchase Details

Closed on
May 26, 2020
Sold by
Burbach Steve and Burbach Brenda
Bought by
Nolan Charles T and Nolan Deborah K

Purchase Details

Closed on
Feb 1, 2011
Sold by
Burbach Steve and Burbach Brenda
Bought by
Burbach Steve and Burbach Brenda

Purchase Details

Closed on
Mar 2, 2006
Sold by
Eagle Ridge Builders Inc
Bought by
Burbach Steve and Burbach Brenda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hart James A $355,000 Land Title
Nolan Charles T $215,000 Fidelity National Ttitle
Burbach Steve -- None Available
Burbach Steve -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $355,000 -6.3% --
11/04/2024 11/04/24 For Sale $379,000 +6.8% --
10/24/2024 10/24/24 Off Market $355,000 -- --
05/22/2024 05/22/24 For Sale $379,000 -- --
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,985 $101,180 $101,180 $0
2023 $5,985 $105,170 $105,170 $0
2022 $3,815 $60,255 $60,255 $0
2021 $3,679 $60,255 $60,255 $0
2020 $2,379 $37,430 $37,430 $0
2019 $2,346 $37,430 $31,630 $5,800
2018 $2,230 $37,430 $37,430 $0
2017 $2,227 $34,460 $34,460 $0
2016 $2,271 $34,970 $34,970 $0
2015 $2,290 $34,970 $34,970 $0
2014 $3,617 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3540172

REcolorado®

APN: 44465