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Home » Real Estate » CO » Bailey » 80421 » 470 Homestead Rd, Bailey, CO, 80421
$516,000

470 Homestead Rd, Bailey, CO, 80421

5 Beds
2 Baths
2,545 Square Feet
Back on the Market - No Fault of Home or Sellers, both Buyers failed to get their contingent homes sold - PRE-INSPECTED AND READY FOR YOU to make this amazing OPPORTUNITY yours! An incredible chance to build equity in a beautiful mountain community. This is the largest home on the 285 Corridor under $550,000, with value easily supporting $700,000 after updates. Solid construction, great bones, and endless potential like this rarely come along. Recent improvements include a brand-new 1,000-gallon septic tank and freshly cleared lot. Set on a usable 1-acre parcel with a double circle driveway and backing to 40 private acres, this 5-bed, 2-bath, 2,545 sq. ft. home offers the best price per square foot in the area. The spacious upper level features a large living area, two bedrooms, and a primary suite, while the lower level includes roughed-in plumbing for a third bath, a second living space, and two bonus rooms that could serve as additional bedrooms or flexible spaces. Located in Burland Ranchettes, you'll enjoy exclusive access to Weakland-Fawks Park and nearby Mount Bailey trails for hiking and exploring. Don't miss your chance to secure the best value in the foothills and transform this property into your mountain dream home.
Offered By
Jess Munsterman Jess@thecoloradoconnection.com, Real Broker, LLC DBA Real

Property Details

Property Type Residential
Status Active
Bedrooms 5
Bathrooms (Full) 1
Property Sub Type Residential-Detached
Square Feet 2,545
MLS # 6607481
Bathrooms (¾) 1

Market Trends

New Properties On Market
30
36% Increase In New Listings
Average Asking Price
$585,713
$69,682 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$300
$26 Increase In List Price/Sq. Ft.
Average Days On Market
23
27 Day Decrease In Days On Market
Data as of Aug 14, 2025. Remaining statistics above are calculated on activity within the period from Jun 01, 2025 to Jul 31, 2025.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 8/12/2025 at 6:20 pm