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For sale
  • Price cut: $25K (6/17)
    $125,000

    652 Payne Gulch Road, Bailey, CO 80421

    2beds
    0baths
    780sqft
    : 
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    Single Family Residence
    Built in 1936
    -- sqft lot
    $-- Zestimate®
    $160/sqft
    $13/mo HOA

    What's special

    Unique rustic Bailey cabin in a Special Use area in Payne Gulch. Enjoy getaways and weekends of hiking, biking, and backpacking from your own cozy cabin. A flat driveway and yard area invite you to picnic, play games, relax, and enjoy the sunsets. As evening falls, sit by the fire pit or warm yourself inside by the fire, then step out to enjoy dark sky nights, views of the Milky Way, and meteor showers. For the more outdoor adventurer, this cabin borders Lost Creek Wilderness and the Colorado Trail, with access to deep backcountry. Electricity makes cooking and entertaining fun and easy. The new and clean outhouse includes a drain for gray water from the kitchen, and it would be easy to install a fresh water cistern under the kitchen window next to the driveway. Set in a private 2-mile valley with a Special Use lease from the National Forest, these cabins are a rare find and a joy to own and use! Listing agent : Becky Elhardt : West + Main Homes
    48 days
    |
    3,454
    |
    282
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Becky Elhardt 303-709-3828 Becky.e@westandmainhomes.com,

    West and Main Homes Inc

    Source: REcolorado as distributed by MLS GRID,MLS#: 2468294MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 0
      • Main level bedrooms: 2
      Bedroom
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 10 x 12
      Bedroom
      • Description: Sunroom
      • Level: Main
      • Area: 184 Square Feet
      • Dimensions: 8 x 23
      Kitchen
      • Level: Main
      • Area: 88 Square Feet
      • Dimensions: 8 x 11
      Living room
      • Level: Main
      • Area: 204 Square Feet
      • Dimensions: 17 x 12
      Loft
      • Level: Upper
      • Area: 204 Square Feet
      • Dimensions: 12 x 17
      Heating
      • Wood Stove
      Cooling
      • None
      Appliances
      • Included: Microwave, Oven, Range
      Features
      • Ceiling Fan(s)
      • Has basement: No
      • Has fireplace: Yes
      • Fireplace features: Wood Burning Stove
      Interior area
      • Total structure area: 780
      • Total interior livable area: 780 sqft
      • Finished area above ground: 780

      Property

      Parking
      • Total spaces: 4
      • Details: Off Street Spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Fencing: None
      Lot
      • Features: Borders National Forest, Level, Many Trees, Secluded
      Details
      • Parcel number: 17328
      • Special conditions: Standard,Third Party Approval

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Frame
      • Roof: Composition
      Condition
      • Year built: 1936

      Utilities & green energy

      • Sewer: Holding Tank

      Community & HOA

      Community
      • Subdivision: Payne Gulch
      HOA
      • Has HOA: Yes
      • Services included: Road Maintenance
      • HOA fee: $150 annually
      • HOA name: Payne Gulch HOA
      • HOA phone: 303-887-6796
      Location
      • Region: Bailey

      Financial & listing details

      • Price per square foot: $160/sqft
      • Tax assessed value: $91,219
      • Annual tax amount: $365
      • Date on market: 5/15/2026
      • Listing terms: Cash
      • Exclusions: None, Seller Will Include All Furniture, Fixture And Appliances.
      • Ownership: Individual

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,012/mo

        Price history

        DateEventPrice
        6/17/2026Price change$125,000-16.7%$160/sqft
        Source: REcolorado as distributed by MLS GRID #2468294 Report a problem
        5/15/2026Listed for sale$150,000$192/sqft
        Source: REcolorado as distributed by MLS GRID #2468294 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$338 +1.7%$6,110 +6.8%
        2024$333 -44.3%$5,720 -39.8%
        2023$597 +3.7%$9,500 +0.7%
        2022$576 -6.6%$9,430 -2.8%
        2021$616 +39.2%$9,700 +39.2%
        2020$443 -1.8%$6,970
        2019$451 +7.5%$6,970 +7.9%
        2017$419 +9.5%$6,460 +9.5%
        2016$383 -0.8%$5,900
        2015$386 -2.5%$5,900
        2014$396 +67.3%--
        2013$237 +0.5%$6,270
        2012$236 +6.4%--
        2011$222 --

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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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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