Skip main navigation
For sale
  • Price cut: $3.9K (8/12)
    $516,000

    470 Homestead Road, Bailey, CO 80421

    5beds
    2,545sqft
    : 
    Single Family Residence
    Built in 1976
    1 Acres Lot
    $-- Zestimate®
    $203/sqft
    $2/mo HOA

    What's special

    Roughed-in plumbingGood bonesDouble circle drivewayGreat layout
    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.
    177 days
    on Zillow
    |
    819
    |
    33
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 19, 2025 at 05:02pm

    Listed by:

    Jess Munsterman Jess@thecoloradoconnection.com,

    Real Broker, LLC DBA Real

    Source: REcolorado,MLS#: 6607481MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 470 Homestead Road.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    Bedroom
    • Description: Buyer Could Choose To Use Downstairs Bonus Room As A Bedroom. Exterior Door Access Walkout
    • Level: Basement
    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
    Primary bathroom
    • Level: Main
    Bathroom
    • 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 & HOA

    Community
    • Subdivision: Burland Ranchettes
    HOA
    • Has HOA: Yes
    • Amenities included: Playground, Trail(s)
    • HOA fee: $25 annually
    • HOA name: Burland Ranchettes HOA
    Location
    • Region: Bailey

    Financial & listing details

    • Price per square foot: $203/sqft
    • Tax assessed value: $384,954
    • Annual tax amount: $1,308
    • Date on market: 3/1/2025
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
    • Exclusions: None
    • Ownership: Individual
    • Electric utility on property: Yes
    • Road surface type: Dirt
    • Loading
    • Loading