Seller's Agent in 2025
Christian Mulhern
Milehimodern
(303) 881-9960
1 in this area
42 Total Sales
142 Summit Way Bailey, CO 80421
3
Beds
2
Baths
1,904
Sq Ft
0.8
Acres
Highlights
- Primary Bedroom Suite
- Deck
- Mountainous Lot
- Mountain View
- Wood Burning Stove
- Family Room with Fireplace
About This Home
As of September 2025Perched amid the natural splendor of Elk Creek Meadows in Bailey, CO (45 miles southwest of Denver), this unique mountain retreat offers panoramic views of the Rocky Mountains, frequent wildlife sightings, and a peaceful place to call home. Crafted with classic D-log construction and wrapped in timeless wood paneling and large floor-to-ceiling windows, this home exudes rustic charm with modern comforts and upgraded features throughout. The spacious living room is anchored by a cozy fireplace, while vaulted ceilings, skylights, and a large bay window that illuminates the kitchen and dining area. Around the corner, a large primary suite with an upgraded en-suite bath is located. The fully finished, walk-out basement with newer premium carpet and padding offers ample space, privacy, and flexibility via two additional bedrooms, a full bathroom, and a secondary living area with a wood-burning stove and office nook. Additional amenities include a paved driveway, RV or boat parking, a shed, a detached two-car garage, and two additional parking spaces near the house. The expansive updated wraparound Timber-Tech deck invites year-round enjoyment of the stunning vistas while the patio below offers star gazing and stories around the gas fire pit. The well-maintained grounds are shaded by mature trees, surrounded by majestic skylines, and close to nature hikes, four-wheeling trails, 14ers, and more. This property is the perfect blend of tranquility, serenity, and functionality and is situated just moments from Bailey’s local amenities.
Last Agent to Sell the Property
Milehimodern Brokerage Email: christian@Milehimodern.com,303-881-9960 License #100042130 Listed on: 07/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,241
Year Built
- Built in 1994 | Remodeled
Lot Details
- 0.8 Acre Lot
- Cul-De-Sac
- West Facing Home
- Mountainous Lot
- Many Trees
- Private Yard
HOA Fees
- $8 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
- 3 RV Parking Spaces
Home Design
- Mountain Contemporary Architecture
- Raised Foundation
- Slab Foundation
- Composition Roof
- Log Siding
Interior Spaces
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Stove
- Wood Burning Fireplace
- Double Pane Windows
- Window Treatments
- Bay Window
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Dining Room
- Utility Room
- Mountain Views
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Microwave
- Freezer
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Fireplace in Basement
- 2 Bedrooms in Basement
- Basement Window Egress
Home Security
- Water Leak Detection System
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- Smoke Free Home
Outdoor Features
- Balcony
- Deck
- Wrap Around Porch
- Patio
- Fire Pit
Schools
- Deer Creek Elementary School
- Fitzsimmons Middle School
- Platte Canyon High School
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Natural Gas Connected
- Well
- Gas Water Heater
- Septic Tank
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
- Elk Creek Highlands Property Owners Association, Phone Number (720) 910-7755
- Elk Creek Meadows Subdivision
Listing and Financial Details
- Exclusions: Seller's personal property and/or staging items.
- Property held in a trust
- Assessor Parcel Number 18299
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2025
Closed on
Sep 19, 2025
Sold by
Ellerbrock Family Trust
Bought by
Mckeon Paul P and Mckeon Page K
Seller's Agent
Christian Mulhern
Milehimodern
Buyer's Agent
Kellie Craig
Realty One Group Five Star
List Price
$624,999
Sold Price
$614,000
Premium/Discount to List
-$10,999
-1.76%
Views
59
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,099
Avg. Annual Appreciation
4.79%
Original Mortgage
$499,592
Outstanding Balance
$499,152
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$122,947
Purchase Details
Closed on
Apr 7, 2010
Sold by
Bridges William F
Bought by
The Ellerbrock Family Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $614,000 | Heritage Title | |
| Warranty Deed | $245,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $499,592 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/19/2025 09/19/25 | Sold | $614,000 | -1.8% | $322 / Sq Ft |
| 07/10/2025 07/10/25 | For Sale | $624,999 | -- | $328 / Sq Ft |
Source: REcolorado®
Tax History Compared to Growth
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 | $2,241 | $37,890 | $6,440 | $31,450 |
| 2023 | $2,241 | $37,890 | $6,440 | $31,450 |
| 2022 | $1,831 | $28,915 | $4,207 | $24,708 |
| 2021 | $1,816 | $29,750 | $4,330 | $25,420 |
| 2020 | $1,599 | $25,160 | $2,400 | $22,760 |
| 2019 | $1,577 | $25,160 | $2,400 | $22,760 |
| 2018 | $1,347 | $25,160 | $2,400 | $22,760 |
| 2017 | $1,345 | $20,820 | $2,250 | $18,570 |
| 2016 | $1,229 | $18,920 | $2,660 | $16,260 |
| 2015 | $1,239 | $18,920 | $2,660 | $16,260 |
| 2014 | $1,006 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Christian Mulhern
-
Kellie Craig
K
Buyer's Agent in 2025
Kellie Craig
Realty One Group Five Star
(303) 377-8100
1 in this area
49 Total Sales
Map
Source: REcolorado®
MLS Number: 7152100
APN: 18299
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