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477 Mount Bailey Drive

$690,000
477 Mount Bailey Drive, Bailey, CO 80421
477 Mount Bailey Drive

477 Mount Bailey Drive

$690,000

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!
Garrett Newell
Garrett Newell Contact

Features & Amenities

Interior

Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Flooring Tile, Vinyl
Fireplace Bedroom, Wood Burning Stove
Appliances Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Other Interior Features Ceiling Fan(s), Open Floorplan, Smoke Free, Hot Tub, Tile Counters, Walk-In Closet(s)

Exterior

Stories 1
Water Source Well
ROOF Composition
Heat type Forced Air, Propane
Air Conditioning Other
Sewer Septic Tank
Other Exterior Features Barbecue, Fire Pit, Spa/Hot Tub

Area & Lot

Status Active Under Contract
LIVING SPACE 2,000 Sq.Ft.
LOT SIZE 1.36 Acres
MLS® ID 5435721
Type Residential
Year Built 1994
Neighborhood Bailey
Architecture Styles Mountain Contemporary
ELEMENTARY SCHOOL Deer Creek
MIDDLE SCHOOL Fitzsimmons
HIGH SCHOOL Platte Canyon
School District Platte Canyon RE-1

Financial

SALES PRICE $690,000
REAL ESTATE TAXES $2,161/yr
HOA Fees $20/yr
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 477 Mount Bailey Drive, Bailey, CO 80421. We are reviewing your request and will be in touch shortly!

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