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477 Mount Bailey Drive, Bailey, CO – $690,000

  • 3 Beds
  • 2 Baths
  • 2,000 Sqft
  • 1.36 Acres
  • 3 Beds
  • 2 Baths
  • 2,000 Sqft
  • 1.36 Acres

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477 Mount Bailey Drive

This 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!

Listing Office: Good Neighbor LLC

Essential Information

  • MLS® #5435721
  • Price$690,000
  • Bedrooms3
  • Bathrooms2.00
  • Full Baths2
  • Square Footage2,000
  • Acres1.36
  • Year Built1994
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleMountain Contemporary
  • StatusPending

Community Information

  • Address477 Mount Bailey Drive
  • SubdivisionBurland Ranchettes
  • CityBailey
  • CountyPark
  • StateCO
  • Zip Code80421

Amenities

  • Parking Spaces2

Interior

  • HeatingForced Air, Propane
  • CoolingOther
  • FireplaceYes
  • # of Fireplaces1
  • FireplacesBedroom, Wood Burning Stove
  • StoriesOne

Interior Features

Ceiling Fan(s), Open Floorplan, Smoke Free, Hot Tub, Tile Counters, Walk-In Closet(s)

Appliances

Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer

Exterior

  • RoofComposition

Exterior Features

Barbecue, Fire Pit, Spa/Hot Tub

School Information

  • DistrictPlatte Canyon RE-1
  • ElementaryDeer Creek
  • MiddleFitzsimmons
  • HighPlatte Canyon

Additional Information

  • Date ListedJanuary 29th, 2025

Listing Details

  • Good Neighbor LLC

Office Contact

garrett@thegoodneighbors.com,425-443-9743

Please provide a valid email address.

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Listing information last updated on March 14th, 2025 at 1:03am MDT.