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168 Wise Road

$620,000
168 Wise Road, Bailey, CO 80421
168 Wise Road

168 Wise Road

$620,000

Mountain retreat with income potential in the heart of Bailey's foothills! This 3-bedroom (with flex space), 2-bath home pairs big views with serious short-term revenue potential.

Perched in the pines with wide-open mountain and lake views, this home delivers the classic Bailey setting buyers come here for: peaceful, private, and immersed in nature. Large windows and an open-concept main living area capture sunrise and sunset light, and the expansive deck highlights the amazing views!

This turnkey home has thoughtfully updated throughout with a new roof, new flooring, interior and exterior paint, granite countertops, remodeled bathrooms, updated windows and doors, light fixtures, a radon mitigation system, and fire mitigation improvements. Whether you're looking for a primary residence, vacation home, or short-term rental investment, the hard work has already been done for you.

The expanded driveway and parking area can fit a bunch of vehicles and offer future potential for a hot tub, sauna, luxury dome, viewing deck, or an outdoor entertaining kitchen.

Don't forget about the carport saving you time cleaning up snow in the winters or easily converting into a fully covered garage.

Located in unincorporated Park County, this property is eligible for short-term rental use. With a nearby comparable home reportedly bringing in over 6 figures annually as a short-term rental, this property offers a rare chance to step into an investment where the income story is already proven on the same street. Furniture is negotiable and the right buyer can start renting the property immediately! With the addition of desirable amenities, the combination of views, bedroom count, and location gives you multiple strategies to maximize revenue.
Erin Tierney
Erin Tierney Contact

Features & Amenities

Interior

Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2

Exterior

Stories 2
Water Source Well
ROOF Composition
Parking Unpaved
Heat type Forced Air
Air Conditioning None
Sewer Septic Tank
Other Exterior Features Balcony

Area & Lot

Status Sold
Date Sold July 10, 2026
LIVING SPACE 2,003 Sq.Ft.
TOTAL AREA 2,003 Sq.Ft.
LOT SIZE 0.58 Acres
MLS® ID 8623346
Type Residential
Year Built 2003
Neighborhood Bailey
ELEMENTARY SCHOOL Fitzsimmons
MIDDLE SCHOOL Platte Canyon
HIGH SCHOOL Platte Canyon
School District Platte Canyon RE-1

Financial

SALES PRICE $620,000
REAL ESTATE TAXES $1,699/yr
HOA Fees $50/yr
Bailey

Bailey

Bailey is a quiet mountain community southwest of Denver known for its scenic landscapes, spacious properties, and easy access to outdoor recreation. With proximity to hiking, fishing, and year round tourism, Bailey attracts renters and visitors seeking a peaceful mountain retreat. Investors appreciate Bailey for its affordable entry points, strong short term rental potential, and appeal to guests looking for privacy and a true Colorado mountain experience.

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