Skip main navigation
Sold for $495,000 on 10/10/25
  • $495,000

    470 Homestead Road, Bailey, CO 80421

    5beds
    2,545sqft
    Single Family Residence
    Built in 1976
    1 Acres Lot
    $495,000 Zestimate®
    $194/sqft
    $2,786 Estimated rent

    Owner options

    List your home for rent

    $2,786/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,786/mo

    Rent Zestimate®

    Refinance and save

    $2,706/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,706/mo

    Est. payment

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: October 10, 2025 at 09:14am

    Listed by:

    Jess Munsterman Jess@thecoloradoconnection.com,

    Real Broker, LLC DBA Real

    Bought with:

    Desiree Root, 100094145

    Keller Williams Foothills Realty

    Source: REcolorado,MLS#: 6607481MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Description: Septic Is 1000 Gallon. Buyer Could Choose To Use Downstairs Bonus Room As A Bedroom
    • Level: Basement
    Bedroom
    • Description: Buyer Could Choose To Use Downstairs Bonus Room As A Bedroom. Exterior Door Access Walkout
    • Level: Basement
    Bathroom
    • Level: Main
    Other
    • Level: Main
    Other
    • Level: Main
    Family room
    • Description: Fireplace In The Basement Living Space
    • Level: Basement
    Kitchen
    • Description: Eat-In Kitchen With A View!
    • Level: Main
    Laundry
    • Level: Basement
    Living room
    • Description: Stone Focal Point Fireplace In The Main Living Space
    • Level: Main
    Heating
    • Forced Air, Natural Gas, Wood
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Primary Suite, Radon Mitigation System
    • Flooring: Carpet, Laminate, Tile
    • Basement: Bath/Stubbed,Finished,Full,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Basement, Living Room, Wood Burning Stove
    Interior area
    • Total structure area: 2,545
    • Total interior livable area: 2,545 sqft
    • Finished area above ground: 1,359
    • Finished area below ground: 1,186

    Property

    Parking
    • Total spaces: 4
    • Parking features: Circular Driveway
    • Has uncovered spaces: Yes
    • Details: RV Spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Fencing: Partial
    • Has view: Yes
    • View description: Meadow
    Lot
    • Size: 1 Acres
    • Features: Level, Meadow
    Details
    • Parcel number: 15824
    • Zoning: RES
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Mountain Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Frame, Wood Siding
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Fixer
    • Year built: 1976

    Utilities & green energy

    • Water: Well
    • Utilities for property: Electricity Connected, Natural Gas Connected, Phone Available

    Community & neighborhood

    Location
    • Region: Bailey
    • Subdivision: Burland Ranchettes

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $25 annually
    • Amenities included: Playground, Trail(s)
    • Association name: Burland Ranchettes HOA

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
    • Ownership: Individual
    • Road surface type: Dirt