Bailey, CO 80421,470 Homestead RD
Bailey, CO 80421,470 Homestead RD
Bailey, CO 80421,470 Homestead RD
$495,000
Est. payment /mo
$500,000
1.0%
Est.Price: ?

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5 Beds
2 Baths
2,545 SqFt
SOLD DATE : 10/10/2025

Key Details

Sold Price $495,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 2,545 sqft

Price per Sqft $194

Subdivision Burland Ranchettes

MLS Listing ID 6607481

Style Mountain Contemporary

Bedrooms 5

Full Baths 1

Three Quarter Bath 1

Condo Fees $25

HOA Fees $2/ann

Year Built 1976

Annual Tax Amount $1,308

Tax Year 2024

Lot Size 1.000 Acres

Property Sub-Type Single Family Residence

Property Description

An incredible opportunity in the foothills — the largest home on the entire 285 Corridor at this price point. Recently appraised over list price, pre-inspected, and offered as-is, this 5-bed, 2-bath, 2,545 sq. ft. property is ready for its next chapter. Back on the Market at no fault of home or Sellers, both Buyers failed to get their contingent homes sold. Built SOLID with great bones, this home provides endless potential for equity growth, with after-update values easily supporting $700,000+. Recent improvements include a brand-new 1,000-gallon septic system and a freshly cleared lot, move-in and put the finishing touches on over time. Set on a usable 1-acre parcel with a double circle driveway and backing to 40 private acres, the property offers both space and privacy. Inside, the upper level features a generous living area, two bedrooms, and a primary suite, while the lower level offers a second living space, two additional bedrooms/flex rooms, and roughed-in plumbing for a third bath. Located in Burland Ranchettes, you'll enjoy exclusive access to Weakland-Fawks Park and proximity to Mount Bailey trails — a lifestyle filled with outdoor adventure right at your doorstep.
This is the best value in the foothills — a rare chance to secure square footage, land, and location at an unbeatable price!

Location

State CO

County Park

Zoning RES

Interior

Heating Forced Air, Natural Gas, Wood

Cooling None

Flooring Carpet, Laminate, Tile

Fireplaces Number 2

Fireplaces Type Basement, Living Room, Wood Burning Stove

Laundry In Unit

Exterior

Parking Features Circular Driveway, Unpaved

Fence Partial

Utilities Available Electricity Connected, Natural Gas Connected, Phone Available

View Meadow

Roof Type Composition

Building

Lot Description Level, Meadow

Foundation Slab

Sewer Septic Tank

Water Well

Structure Type Frame,Wood Siding

Schools

Elementary Schools Deer Creek

Middle Schools Fitzsimmons

High Schools Platte Canyon

School District Platte Canyon Re-1

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Real Broker, LLC DBA Real
Bought with Keller Williams Foothills Realty

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Cara Grenko

Cara Grenko

+1(720) 998-1372

Broker Associate | FAFA100067393

Broker Associate FAFA100067393

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