$585,000
SOLD AUG 13, 2025

518 Pine Dr Bailey, CO 80421

4 Beds
3 Baths
2,240 Sq Ft
1 Acres

Recently Sold

$261 Per Sq Ft

5% Below List Price

59 Days on Market

Highlights

  • Primary Bedroom Suite
  • Aspen Trees
  • Wood Flooring
  • Open Floorplan
  • Mountain View
  • Mountain Contemporary Architecture

About This Home

As of August 2025

Nestled in the easily accessible Friendship Ranch neighborhood, this charming 4-bedroom, 3-bath mountain home offers over 2,200 square feet of comfortable living space & truly breathtaking views from nearly every room. Enjoy sweeping vistas of Lion’s Head, Chimney Rock, Black Mountain, Devil’s Head, and more—all from the comfort of your own home.

Thoughtful recent updates throughout the home include two newly installed bathroom vanities, main level bath tile surround, fresh vinyl flooring in the bathrooms, and a striking new fireplace surround with manufactured stone detailing that elevates the wood-burning fireplace at the heart of the living room

The main level features an open-concept floor plan with a spacious living & dining area, a well-appointed kitchen with granite countertops & stainless steel appliances, a full bathroom, & a main-floor bedroom—ideal for guests or multigenerational living. Upstairs, you'll find the primary suite with a full ensuite bath and second bedroom, both offering stunning mountain views to wake up to.

The finished walk-out basement provides additional living space, including a large family room perfect for movie nights, a fourth non-conforming bedroom (septic rated 3 Bedroom/6 people), & a utility room that includes a 400-gallon water storage tank—ideal for mountain living.

Step outside to the back patio,perfect for entertaining, with space to relax & enjoy the mountain air. Raised garden beds are thoughtfully covered to be protected from local wildlife, & natural rock outcroppings add to the charm. The gently sloped front yard features a grassy area ideal for outdoor games.
Exterior features include a durable metal-framed attached carport, RV/trailer parking, and a 10x12 wooden storage shed. The property’s location offers added convenience, as the end of the driveway is adjacent to the school bus stop, & the road is maintained as part of a county school bus route—meaning quicker snow removal & easier year-round access.

Last Agent to Sell the Property

Desiree Stephenson

Keller Williams Foothills Realty Brokerage Email: desireestephenson@kw.com,720-987-1959 License #100085205 Listed on: 05/15/2025

Keller Williams Foothills Realty

Last Buyer's Agent

John Christopher

RE/MAX Alliance License #40040997

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,070

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 1 Acre Lot
  • Lot Has A Rolling Slope
  • Aspen Trees
  • Pine Trees
  • Many Trees
  • Private Yard
  • Garden

Home Design

  • Mountain Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Window Treatments
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Utility Room
  • Mountain Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • 1 Bedroom in Basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 9 Parking Spaces
  • 2 Carport Spaces
  • 1 RV Parking Space

Location

  • Ground Level

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • 220 Volts
  • 110 Volts
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Friendship Ranch Subdivision

Listing and Financial Details

  • Exclusions: Seller's personal property, Staging Items
  • Assessor Parcel Number 29650

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,070

Year Built

Built in 1979 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mountain Contemporary
  • Structure Type: House
  • Levels: Two
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 1344
  • Entry Location: Ground
  • Exclusions: Seller's personal property, Staging Items
  • Living Area: 2240
  • Property Condition: Updated/Remodeled
  • Directions: USE GPS
  • SubdivisionName: Friendship Ranch
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_ExpectedActiveDate: 2025-05-15
  • REC_RVSpaces: 1
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • REC_WaterIncludedYN: 1
  • Ratio Close Price By Original Li: 0.95122
  • Attribution Contact: desireestephenson@kw.com,720-987-1959
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Oven, Range, Washer
  • Fireplaces: 1
  • Interior Amenities: Granite Counters, High Ceilings, Open Floorplan, Primary Suite
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Fireplace Features: Living Room, Wood Burning
  • Full Bathrooms: 3
  • Common Walls: No Common Walls
  • Basement: Finished, Walk-Out Access
  • Basement: Yes
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 896
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Double Pane Windows, Window Treatments

Exterior Features

  • Roof: Composition
  • Construction Materials: Other
  • View: Mountain(s)
  • Exterior Features: Garden, Private Yard
  • Road Frontage Type: Public
  • Road Surface Type: Gravel, Paved

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Total Parking Spaces: 9
  • REC_ParkingCount: 3

Utilities

  • Utilities: Electricity Connected, Internet Access (Wired), Natural Gas Connected
  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Forced Air
  • Water Source: Well
  • Electric: 110V, 220 Volts
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)

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: 29650
  • Lot Size Acres: 1
  • Fencing: None
  • Building Area Total: 2240
  • Lot Features: Many Trees, Rolling Slope
  • Lot Size Sq Ft: 43560

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2070

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2020
Sold by
Bodenbender Christopher J and Bodenbender Katie M
Bought by
Hughes Adam R and Hughes Rachel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$378,128
Interest Rate
3.4%
Mortgage Type
VA
Estimated Equity
$226,841

Purchase Details

Closed on
Sep 4, 2018
Sold by
Pepin Maureen Ann and Adrahtas Lampreni J
Bought by
Bodenbender Christopher J and Bodenbender Katie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,277
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Jun 10, 2016
Sold by
Peltz Justin M and Peltz Rachelle R
Bought by
Pepin Maureen Ann and Adrahtas Lamprenl J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,113
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2014
Sold by
Myers Brad
Bought by
Peltz Justin M and Peltz Rachelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,480
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2013
Sold by
Hartford Joseph and Hartford Mary
Bought by
Alla Lyanzber Oleg and Alla Lyanber

Purchase Details

Closed on
Oct 26, 2011
Sold by
Myers Nancy
Bought by
Myers Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,327
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2006
Sold by
Hewitson Mark and Hewitson Deborah Jane
Bought by
Myers Brad and Myers Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,280
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Similar Homes in Bailey, CO

  • 2137 Roland Dr, Bailey, CO 80421

    $515,000

    • 3 Beds
    • 2 Baths
    • 1,852 Sq Ft
    • 2137 Roland Dr
    • Bailey, CO

    Tucked among the pines on a peaceful acre in Bailey, this updated mountain retreat blends modern comfort with Colorado adventure. Inside, the open-concept great room is filled with natural light, vaulted ceilings, and a cozy natural gas fireplace. The primary bedroom rests on the main level, while the walk-out basement features new carpet. A newer roof, newer septic system, and fresh exterior

    Jackie White Your Castle Real Estate Inc

    Section Image
  • 65 Doe Cir, Bailey, CO 80421

    $689,000

    • 4 Beds
    • 3 Baths
    • 2,474 Sq Ft
    • 65 Doe Cir
    • Bailey, CO

    MUST SEE... wonderfully updated 4BR/3BA single family home in Burland Ranchettes!! If you’re looking for a move-in-ready, Foothills home... this Property is it! After accessing the house on the wrap-around deck, you’ll step into a Great Rm which includes the Kitchen, Dining Area & Living Rm w amenities galore! The Kitchen has been fully remodeled... new cabs w slide-outs, slab granite

    Dwight Cabalka RE/MAX Professionals

    Section Image
  • 51 Schooley Rd, Bailey, CO 80421

    $569,000

    • 3 Beds
    • 2 Baths
    • 1,694 Sq Ft
    • 51 Schooley Rd
    • Bailey, CO

    MUST SEE... wonderfully updated 3BR/2BA single family home w 360-degree views in Bailey!! If you’re looking for an immaculate, move-in-ready, Foothills home... this Property is it! After accessing the house on the wrap-around deck, you’ll step into a Great Rm which includes the Kitchen, Dining Area & Living Rm w amenities galore! The Kitchen has been remodeled – top to bottom... large island,

    Dwight Cabalka RE/MAX Professionals

    Section Image
  • 226 Bandit Ln, Bailey, CO 80421

    $685,000

    • 2 Beds
    • 3 Baths
    • 2,046 Sq Ft
    • 226 Bandit Ln
    • Bailey, CO

    Hey there! Picture this: waking up to stunning mountain and forest views in your awesome log cabin retreat in Elk Creek Highlands, sitting on 2 acres of pure Colorado bliss. Check out the video at: This cozy spot comes with a spacious open living area, warm wooden vibes, and a killer kitchen island perfect for whipping up meals. Step out onto a huge deck to chill or host a BBQ, surrounded by

    Kelly Dolph Keller Williams Foothills Realty

    Section Image
  • 32 Aspen Dr, Bailey, CO 80421

    $700,000

    • 3 Beds
    • 2 Baths
    • 2,384 Sq Ft
    • 32 Aspen Dr
    • Bailey, CO

    Welcome to your mountain retreat—where comfort meets charm and nature is just outside your door. Step through the custom leaded glass entry into an open, light-filled space with vaulted ceilings and beautiful oak floors. The remodeled kitchen (2023) is a showstopper, featuring leathered granite counters, a copper farmhouse sink, smart appliances, and a large island perfect for gathering. The

    Sally Ball Keller Williams Foothills Realty

    Section Image
  • 14 Aspen Dr, Bailey, CO 80421

    $599,000

    • 3 Beds
    • 1 Bath
    • 1,176 Sq Ft
    • 14 Aspen Dr
    • Bailey, CO

    MUST SEE * Escape to priceless tranquility in this affordable and exquisitely refreshed 3 Bedroom ranch style home Exclusive Mountain Retreat where luxury meets nature. Offering Excellent county maintained road access to paved driveway. Imagine enjoying a sunset on the beautiful front porch with stunning serene aspen views at every angle, along with abundant wildlife. This well-kept

    Barbara Behl Deer Creek Realty

    Section Image
  • 616 S Pine Dr, Bailey, CO 80421

    $575,000

    • 3 Beds
    • 3 Baths
    • 1,996 Sq Ft
    • 616 S Pine Dr
    • Bailey, CO

    Fantastic opportunity for a rate buy down!! Seller is offering a $10,000.00 rate buy down and closing cost concession with an acceptable offer! Nestled into the Foothills of the Rocky Mountains Your Shire Awaits! Truly a one of kind custom mountain home that has been very well cared for. Artistic custom details throughout this amazing home. Handed crafted arched door ways with custom handmade

    Kay Bohan LIV Sotheby's International Realty

    Section Image
  • 690 S Pine Dr Unit 3, Bailey, CO 80421

    $495,000

    • 4 Beds
    • 2 Baths
    • 1,792 Sq Ft
    • 690 S Pine Dr
    • Unit 3
    • Bailey, CO

    Charming Mountain Cabin with Equity Potential in Friendship Ranch!Welcome to 690 S Pine Drive in the highly desirable Friendship Ranch neighborhood of Bailey! This spacious 4-bedroom, 2-bathroom mountain cabin offers 1,662 sq ft of living space and sits on just under a full acre of usable land- a rare find in the foothills.The main level features:A large living

    DaCyn Walsh LoKation Real Estate

    Section Image
  • 291 Pinecrest Cir, Bailey, CO 80421

    $640,000

    • 2 Beds
    • 1.5 Baths
    • 1,216 Sq Ft
    • 291 Pinecrest Cir
    • Bailey, CO

    Stunning Mountain Retreat on 4.65 Acres! Welcome to 291 Pinecrest Circle—where breathtaking views greet you from every window of this beautifully updated 2-bedroom, 2-bath home. Nestled on a private 4.65-acre lot, this 1,216 square feet mountain escape offers the perfect blend of modern comfort and rustic charm. Inside, enjoy a bright and open floor plan with thoughtful updates throughout, making

    Vicki Wimberly Coldwell Banker Realty 28

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $425,000 Fidelity National Title
Warranty Deed $385,000 First American Title
Warranty Deed $325,000 First American
Warranty Deed $265,000 Land Title Guarantee Company
Warranty Deed $24,000 Chicago Title Co
Interfamily Deed Transfer -- None Available
Warranty Deed $204,100 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $425,000 VA
Previous Owner $393,277 VA
Previous Owner $314,823 FHA
Previous Owner $319,113 FHA
Previous Owner $238,480 New Conventional
Previous Owner $207,327 FHA
Previous Owner $163,280 Adjustable Rate Mortgage/ARM
Previous Owner $40,820 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Sold $585,000 -0.8% $261 / Sq Ft
07/09/2025 07/09/25 Price Changed $590,000 -1.7% $263 / Sq Ft
05/30/2025 05/30/25 Price Changed $599,999 -2.4% $268 / Sq Ft
05/15/2025 05/15/25 For Sale $615,000 -- $275 / 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 $2,070 $35,000 $7,120 $27,880
2023 $2,070 $35,000 $7,120 $27,880
2022 $1,813 $28,638 $3,892 $24,746
2021 $1,798 $29,460 $4,000 $25,460
2020 $1,703 $26,800 $2,170 $24,630
2019 $1,680 $26,800 $2,170 $24,630
2018 $1,463 $26,800 $2,170 $24,630
2017 $1,461 $22,610 $1,960 $20,650
2016 $1,308 $20,150 $2,290 $17,860
2015 $821 $12,530 $2,290 $10,240
2014 $653 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: REcolorado®

MLS Number: 9249198

REcolorado®

APN: 29650