$560,000
SOLD JUL 10, 2025

243 Bandit Ln Bailey, CO 80421

2 Beds
1 Bath
1,092 Sq Ft
1.13 Acres

Recently Sold

$513 Per Sq Ft

6% Below List Price

41 Days on Market

Highlights

  • Pine Trees
  • Wood Burning Stove
  • Property borders a national or state park
  • Mountain View
  • Meadow
  • Secluded Lot

About This Home

As of July 2025

Nestled in the heart of Bailey, Colorado, this stunning 2-bedroom, 1-bathroom mountain gem offers 1,092 sqft of cozy, modern living on a sprawling 1.13-acre lot. Perfectly blending rustic charm with contemporary updates, this home is a haven for nature lovers and those seeking serenity.

Step inside to a beautifully updated kitchen featuring a large butcher block island, newer countertops and cabinetry, a gas range/oven, and sleek stainless appliances—ideal for culinary enthusiasts. The open living area is warmed by an EPA-compliant wood-burning stove, capable of heating the entire home with wood alone, saving significantly on propane costs. Radiant in-floor heating adds comfort throughout, and the bathroom boasts a luxurious clawfoot tub for ultimate relaxation.

The spacious primary bedroom impresses with vaulted ceilings and a large walk-in closet, while the second bedroom, also with vaulted ceilings, includes a versatile loft area perfect for extra storage or a cozy nook.

The true star of this property is the outdoor space. A large flagstone patio with a fire pit creates the perfect setting for entertaining or stargazing. Backing directly to over 700,000 acres of National Forest, this lot offers unparalleled privacy and access to nature. A private walking trail from the backyard connects to the Meridian Trail, opening up miles of hiking, cross-country skiing, and horseback riding adventures. Moose, deer, and elk frequently visit, and the breathtaking mountain views will leave you in awe.

Whether you’re seeking a full-time residence or a weekend escape, this property delivers the quintessential Colorado lifestyle. Don’t miss your chance to own this slice of paradise!

Showings begin April 25 at 9 AM. Schedule your private tour today and experience mountain living at its finest.

Last Agent to Sell the Property

David P Danek

HomeSmart Brokerage Email: david@redteamcolorado.com,720-989-1798 License #100001944 Listed on: 04/24/2025

HomeSmart

Last Buyer's Agent

Other MLS Non-REcolorado

NON MLS PARTICIPANT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,744

Year Built

  • Built in 1996 | Remodeled

Lot Details

  • 1.13 Acre Lot
  • Dirt Road
  • Property borders a national or state park
  • Open Space
  • Cul-De-Sac
  • South Facing Home
  • Year Round Access
  • Natural State Vegetation
  • Secluded Lot
  • Level Lot
  • Meadow
  • Mountainous Lot
  • Pine Trees
  • Partially Wooded Lot

Parking

  • 6 Parking Spaces

Home Design

  • Mountain Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Butcher Block Countertops
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Radiant Floor
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Smoke Free Home

Outdoor Features

  • Patio
  • Fire Pit

Schools

  • Deer Creek Elementary School
  • Fitzsimmons Middle School
  • Platte Canyon High School

Utilities

  • No Cooling
  • Propane
  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Elk Creek Highlands Subdivision
  • Foothills
  • Property is near a preserve or public land

Listing and Financial Details

  • Exclusions: Seller Personal Property
  • Assessor Parcel Number 44180

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,744

Year Built

Built in 1996 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mountain Contemporary
  • Structure Type: House
  • Levels: One
  • Year Built: 1996
  • Above Grade Finished Sq Ft: 1092
  • Exclusions: Seller Personal Property
  • Living Area: 1092
  • Property Condition: Updated/Remodeled
  • Directions: GPS- Bandit Lane street sign is missing, but google and apple take you to the right spot- AT&T has great 5g service- others are “ok”
  • SubdivisionName: Elk Creek Highlands
  • Co List Office Mls Id: REC1HOME
  • Co List Office Phone: 303-858-8100
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2025-04-24
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.94118
  • Attribution Contact: david@redteamcolorado.com,720-989-1798
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Interior Amenities: Butcher Counters, Ceiling Fan(s), Eat-in Kitchen, High Speed Internet, Kitchen Island, Laminate Counters, Smoke Free, Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile
  • Fireplace Features: Living Room
  • Full Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2

Exterior Features

  • Direction Faces: South
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Cedar, Frame
  • View: Mountain(s)
  • Exterior Features: Fire Pit
  • Patio and Porch Features: Patio
  • Road Frontage Type: Public, Year Round
  • Road Surface Type: Dirt

Garage/Parking

  • Parking Features: Unpaved
  • Attached Garage: No
  • Total Parking Spaces: 6
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Propane
  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Hot Water, Radiant Floor, Wood Stove
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Fitzsimmons

Lot Info

  • Horses: No
  • Parcel Number: 44180
  • Lot Size Acres: 1.13
  • Fencing: None
  • Building Area Total: 1092
  • Lot Features: Borders National Forest, Borders Public Land, Cul-De-Sac, Foothills, Level, Meadow, Mountainous, Open Space, Secluded
  • Lot Size Sq Ft: 49223

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1744

MLS Schools

  • Elementary School: Deer Creek
  • High School: Platte Canyon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
Jul 10, 2025
Sold by
Norris Jason Cole
Bought by
Caron Andrew Thomas
Seller's Agent
David P Danek
HomeSmart
Buyer's Agent
Other MLS Non-REcolorado
NON MLS PARTICIPANT
List Price
$595,000
Sold Price
$560,000
Premium/Discount to List
-$35,000
-5.88%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.51%

Purchase Details

Closed on
Jun 3, 2022
Sold by
Veazey Derek N
Bought by
Norris Jason Cole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,350
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2011
Sold by
Klostermann Jane Ann
Bought by
Veazey Derek N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2007
Sold by
Murillo Jane Ann
Bought by
Klostermann Jane Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,600
Interest Rate
6.1%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $560,000 None Listed On Document
Warranty Deed $555,000 None Listed On Document
Warranty Deed $172,000 Fidelity National Title Ins
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $468,350 New Conventional
Previous Owner $117,000 New Conventional
Previous Owner $161,600 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Sold $560,000 -4.3% $513 / Sq Ft
05/22/2025 05/22/25 Price Changed $585,000 -1.7% $536 / Sq Ft
04/24/2025 04/24/25 For Sale $595,000 -- $545 / Sq Ft
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 $1,744 $29,490 $7,290 $22,200
2023 $1,744 $29,490 $7,290 $22,200
2022 $1,567 $24,746 $6,140 $18,606
2021 $1,554 $25,460 $6,320 $19,140
2020 $1,312 $20,640 $3,760 $16,880
2019 $1,294 $20,640 $3,760 $16,880
2018 $1,103 $20,640 $3,760 $16,880
2017 $1,102 $17,050 $3,490 $13,560
2016 $975 $15,010 $4,150 $10,860
2015 $983 $15,010 $4,150 $10,860
2014 $799 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3560222

REcolorado®

APN: 44180