Bailey, CO 80421,477 Mount Bailey DR
Bailey, CO 80421,477 Mount Bailey DR
Bailey, CO 80421,477 Mount Bailey DR
Bailey, CO 80421,477 Mount Bailey DR
Bailey, CO 80421,477 Mount Bailey DR
Bailey, CO 80421,477 Mount Bailey DR
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$ 690,000
Est. payment | /mo

3 Beds

2 Baths

2,000 SqFt


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$ 690,000
Est. payment | /mo
Save

3 Beds

2 Baths

2,000 SqFt

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 $20/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

REColorado (REColorado MLS)
Listed by Good Neighbor LLC • garrett@thegoodneighbors.com,425-443-9743
agent-avatar

Contact me for a no-obligation consultation on how you can achieve your goals!

+1(303) 520-3166

michelle@michelleaddisonhomes.com

240 South Wilcox, Castle Rock, Co

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477 Mount Bailey DR