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Coming soon 05/07
  • $625,000

    124 Prospectors Way, Bailey, CO 80421

    3beds
    1,642sqft
    : 
    Single Family Residence
    Built in 1994
    1 Acres Lot
    $618,600 Zestimate®
    $381/sqft
    $-- HOA

    What's special

    Welcome to the mountain lifestyle you’ve been dreaming about. Set along a sparkling, stocked pond in Bailey, this turnkey retreat offers an effortless blend of comfort, nature, and year-round adventure. Imagine mornings with coffee on your expansive Trex-style deck, watching the water ripple as fish rise, and evenings by the glow of a top-of-the-line wood-burning stove under vaulted ceilings that frame distant mountain views. Step outside and you’re instantly immersed in it all. Cast a line just steps from your door, ice skate in winter, or wander straight into nearby forest service land. With a paved driveway and county-maintained road, access is easy in every season, making this home ideal for full-time living or the perfect getaway. Inside, the open layout flows beautifully with hardwood floors, freshly cleaned carpets, and a spacious primary suite with walk-in closet. A newer furnace, new well pump, class 4 roof, serviced septic, and cleaned chimney mean peace of mind from day one. The heated garage with workshop and RV parking with electric give you room for every mountain hobby. Surrounded by aspen groves that truly shine in summer and fall, this is mountain living at its most effortless. Furniture is negotiable, so you can move right in and start enjoying. Septic is rated for 2 bedrooms, 4 people.
    2 days
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    746
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    76
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    Zillow last checked:

    Listing updated:

    Listed by:

    Victoria Merchant 303-328-8800 vmerchant@kw.com,

    Keller Williams Foothills Realty

    Source: REcolorado as distributed by MLS GRID,MLS#: 9910145MLS Logo

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • 3/4 bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Bedroom
      • Description: With It's Own Sitting Area And Private Deck
      • Features: Primary Suite
      • Level: Main
      Bedroom
      • Level: Main
      Bedroom
      • Description: Non-Conforming Possible Third Bedroom Or Office
      • Level: Main
      Bathroom
      • Features: En Suite Bathroom
      • Level: Main
      Bathroom
      • Level: Main
      Dining room
      • Level: Main
      Kitchen
      • Description: Granite Countertops
      • Level: Main
      Laundry
      • Description: Combo With Laundry Room (New Furnace)
      • Level: Main
      Living room
      • Description: Open Concept Dining/Living
      • Level: Main
      Workshop
      • Description: In The Garage
      • Level: Main
      Heating
      • Forced Air, Natural Gas, Wood Stove
      Cooling
      • None
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
      Features
      • No Stairs, Open Floorplan, Primary Suite, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Data
      • Flooring: Carpet, Tile, Wood
      • Windows: Double Pane Windows
      • Has basement: No
      • Number of fireplaces: 2
      • Fireplace features: Living Room, Outside, Wood Burning Stove
      Interior area
      • Total structure area: 1,642
      • Total interior livable area: 1,642 sqft
      • Finished area above ground: 1,642

      Property

      Parking
      • Total spaces: 2
      • Parking features: Concrete, Exterior Access Door, Heated Garage, Insulated Garage, Oversized
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Deck, Wrap Around
      • Exterior features: Fire Pit, Gas Grill
      • Fencing: None
      • Has view: Yes
      • View description: Lake, Mountain(s), Water
      • Has water view: Yes
      • Water view: Lake,Water
      • Waterfront features: Pond, Waterfront
      Lot
      • Size: 1 Acres
      • Residential vegetation: Aspen, Natural State, Thinned
      Details
      • Parcel number: 16786
      • Zoning: RES
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Chalet
      • Property subtype: Single Family Residence
      Materials
      • Frame, Log
      • Roof: Composition
      Condition
      • Updated/Remodeled
      • Year built: 1994

      Utilities & green energy

      • Electric: 220 Volts in Garage
      • Water: Well
      • Utilities for property: Electricity Connected, Natural Gas Connected

      Community & HOA

      Community
      • Subdivision: Elk Creek Highlands
      HOA
      • Has HOA: No
      Location
      • Region: Bailey

      Financial & listing details

      • Price per square foot: $381/sqft
      • Tax assessed value: $577,344
      • Annual tax amount: $2,309
      • Date on market: 5/7/2026
      • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
      • Exclusions: Seller's Personal Property
      • Ownership: Individual
      • Electric utility on property: Yes
      • Road surface type: Dirt
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        Estimated market value

        $618,600

        $588,000 - $656,000

        $3,308/mo

        Price history

        DateEventPrice
        10/7/2014Sold$295,000$180/sqft
        Source: Agent Provided Report a problem
        9/2/2014Pending sale$295,000$180/sqft
        Source: RE/MAX ALLIANCE #9385295 Report a problem
        8/31/2014Listed for sale$295,000+31.1%$180/sqft
        Source: RE/MAX ALLIANCE #9385295 Report a problem
        9/13/2010Sold$225,000$137/sqft
        Source: Public Record Report a problem
        8/11/2010Price change$225,000+14.2%$137/sqft
        Source: Choice Property Brokers, Ltd. #916975 Report a problem
        7/1/2010Listed for sale$197,000+35.9%$120/sqft
        Source: Urban Synergy Realty #052-406117 Report a problem
        5/26/2010Sold$145,000-18.2%$88/sqft
        Source: Public Record Report a problem
        4/17/2010Price change$177,300+12.5%$108/sqft
        Source: The Edge Group, Inc. Report a problem
        4/12/2010Price change$157,600-11.1%$96/sqft
        Source: foreclosure.com Report a problem
        3/16/2010Price change$177,300-10%$108/sqft
        Source: foreclosure.com Report a problem
        2/11/2010Listed for sale$197,000$120/sqft
        Source: Urban Synergy Realty #052-406117 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,157 +1.7%$38,680 +6.1%
        2024$2,122 -1.2%$36,460 -12.3%
        2023$2,146 +3.7%$41,580 +22.7%
        2022$2,069 -6.6%$33,900 -2.8%
        2021$2,217 +30.1%$34,880 +30.1%
        2020$1,704 -1.8%$26,820
        2019$1,735 +9.8%$26,820 +10.2%
        2017$1,580 +3.4%$24,330 +3.4%
        2016$1,527 +16.7%$23,520 +17.7%
        2015$1,309 +13.2%$19,990
        2014$1,156 +11.6%--
        2013$1,037 +0.5%$18,440
        2012$1,032 +11.3%--
        2011$927 --

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $3,248/mo
        Principal & interest
        $3071
        Property taxes
        $177
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          Climate risks

          Neighborhood: 80421

          Getting around

          0 / 100
          Car-Dependent

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Fitzsimmons
          • Middle: Platte Canyon
          • High: Platte Canyon
          • District: Platte Canyon RE-1

          Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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