Seller's Agent in 2025
Garrett Newell
Good Neighbor LLC
(425) 443-9743
2 in this area
85 Total Sales
477 Mount Bailey Dr Bailey, CO 80421
3
Beds
2
Baths
2,000
Sq Ft
1.36
Acres
Highlights
- Spa
- Fireplace in Bedroom
- Wood Burning Stove
- Open Floorplan
- Deck
- Mountain Contemporary Architecture
About This Home
As of March 2025This 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!
Last Agent to Sell the Property
Good Neighbor LLC Brokerage Email: garrett@thegoodneighbors.com,425-443-9743 License #100087678 Listed on: 01/30/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,161
Year Built
- Built in 1994
HOA Fees
- $2 Monthly HOA Fees
Parking
- 2 Parking Spaces
Home Design
- Mountain Contemporary Architecture
- Frame Construction
- Composition Roof
- Wood Siding
- Cedar
Interior Spaces
- 1-Story Property
- Open Floorplan
- Furnished
- Ceiling Fan
- Wood Burning Stove
- Family Room
- Living Room
- Dining Room
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Tile Countertops
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- Fireplace in Bedroom
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- 2 Bedrooms in Basement
Outdoor Features
- Spa
- Deck
- Fire Pit
- Outdoor Grill
Schools
- Deer Creek Elementary School
- Fitzsimmons Middle School
- Platte Canyon High School
Utilities
- Forced Air Heating System
- Heating System Uses Propane
- Well
- Septic Tank
Additional Features
- Smoke Free Home
- 1.36 Acre Lot
Community Details
- Burland Ranchettes Association
- Burland Ranchettes Subdivision
Listing and Financial Details
- Exclusions: Seller's personal property
- Assessor Parcel Number 16595
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 27, 2022
Sold by
Morse Philip R
Bought by
Stevens Travis and Doyle Kaycee
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,525
Outstanding Balance
$505,162
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$192,078
Purchase Details
Closed on
Oct 13, 2017
Sold by
Morse Ruth
Bought by
Morse Philip R and Morse Ruth A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.78%
Mortgage Type
New Conventional
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 | $559,500 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $531,525 | New Conventional | |
| Previous Owner | $260,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/13/2025 03/13/25 | Sold | $690,000 | 0.0% | $345 / Sq Ft |
| 01/30/2025 01/30/25 | For Sale | $690,000 | -- | $345 / 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 | $2,197 | $37,140 | $6,810 | $30,330 |
| 2023 | $2,197 | $37,140 | $6,810 | $30,330 |
| 2022 | $1,808 | $28,545 | $5,600 | $22,945 |
| 2021 | $1,793 | $29,370 | $5,760 | $23,610 |
| 2020 | $1,630 | $25,650 | $4,260 | $21,390 |
| 2019 | $1,608 | $25,650 | $4,260 | $21,390 |
| 2018 | $1,383 | $25,650 | $4,260 | $21,390 |
| 2017 | $1,381 | $21,380 | $3,950 | $17,430 |
| 2016 | $1,186 | $18,270 | $3,490 | $14,780 |
| 2015 | $1,196 | $18,270 | $3,490 | $14,780 |
| 2014 | $956 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Garrett Newell
-
Chantal Duame
Buyer's Agent in 2025
Chantal Duame
Good Neighbor LLC
(954) 243-7071
7 in this area
134 Total Sales
Map
Source: REcolorado®
MLS Number: 5435721
APN: 16595
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than Ten-X are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
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.
PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.
METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.
© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved. 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Nearby Homes
- 815 Burland Dr
- 1845 Burland Dr
- 41 Yew Ln
- 1768 Bluebird Dr
- 20 Parkview
- 119 Quakie Way
- 1889 Burland Dr
- 377 Deer Trail Dr
- 145 Bailey Dr
- 52 Deer Trail Dr
- 147 Overlook Dr
- 170 Blackbird Dr
- 1740 County Road 72
- 400 Crow Valley Rd
- 429 Overlook Dr
- 4501 County Road 72
- 682 Buddy Rd
- 206 Virginia Rd
- 160 S Circle Dr
- 307 Virginia Rd