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Bailey,CO 80421
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $345
Subdivision Burland Ranchettes
MLS Listing ID 5435721
Style Mountain Contemporary
Bedrooms 3
Full Baths 2
Condo Fees $20
HOA Fees $1/ann
HOA Y/N Yes
Abv Grd Liv Area 1,000
Originating Board recolorado
Year Built 1994
Annual Tax Amount $2,161
Tax Year 2023
Lot Size 1.360 Acres
Acres 1.36
Property Description
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!
Location
State CO
County Park
Rooms
Basement Finished,Walk-Out Access
Main Level Bedrooms 1
Interior
Interior Features Ceiling Fan(s),Open Floorplan,Smoke Free,Hot Tub,Tile Counters,Walk-In Closet(s)
Heating Forced Air,Propane
Cooling Other
Flooring Tile,Vinyl
Fireplaces Number 1
Fireplaces Type Bedroom,Wood Burning Stove
Fireplace Y
Appliance Dishwasher,Disposal,Dryer,Microwave,Oven,Range,Refrigerator,Washer
Exterior
Exterior Feature Barbecue,Fire Pit,Spa/Hot Tub
Roof Type Composition
Total Parking Spaces 2
Garage No
Building
Sewer Septic Tank
Water Well
Level or Stories One
Structure Type Cedar,Frame,Wood Siding
Schools
Elementary Schools Deer Creek
Middle Schools Fitzsimmons
High Schools Platte Canyon
School District Platte Canyon Re-1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash,Conventional,FHA,VA Loan
Listing Terms Cash,Conventional,FHA,VA Loan
Special Listing Condition None