Brand-new roof with Class 4 impact-rated, Class A fire-rated, high-wind composition shingles, plus a new septic tank — this foothills property is ready for its next chapter.
Endless potential awaits this rare Rocky Mountain retreat, perfectly situated on 1+ private acres surrounded by natural beauty and daily wildlife sightings, including moose, deer, and elk. The fenced yard is ideal for pets and includes a convenient doggy door for easy outdoor access. A detached garage with a dedicated workspace, along with a storage shed, offers plenty of room for tools, projects, and outdoor gear.
Inside, large windows fill the home with natural light, while the flexible upstairs space is perfect for a home office, hobby area, or creative studio. The spacious lot offers room to expand, add decks, gardens, or outdoor living spaces, all surrounded by beautiful mountain scenery.
The voluntary HOA adds to the lifestyle with horse boarding, a community gathering center, and fishing ponds. With hiking, biking, fishing, and outdoor recreation just minutes away, this property is ideal for a first-time buyer, investor, builder, flipper, or adventurous buyer looking for a creative mountain retreat.
Home is being sold AS-IS.
For sale
Price increase: $25K (5/13)
$475,000
89 Prospectors Way, Bailey, CO 80421
3beds
1,516sqft
Est.:
Single Family Residence
Built in 1981
1.3 Acres Lot
$-- Zestimate®
$313/sqft
$8/mo HOA
What's special
- 85 days |
- 1,185 |
- 74 |
Zillow last checked:
Listing updated:
Listed by:
Tricia Wales 303-941-5354 tricia@bhhselevated.com,
Berkshire Hathaway HomeServices Elevated Living RE
Source: REcolorado as distributed by MLS GRID,MLS#: 2126244
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Upper
Bedroom
- Level: Upper
Bedroom
- Level: Main
Bathroom
- Level: Main
Bathroom
- Level: Upper
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Loft
- Level: Upper
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer
Features
- Ceiling Fan(s), Eat-in Kitchen, Laminate Counters, Pantry
- Flooring: Carpet, Wood
- Has basement: No
Interior area
- Total structure area: 1,516
- Total interior livable area: 1,516 sqft
- Finished area above ground: 1,516
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Stairs
- Patio & porch: Covered, Deck, Front Porch, Patio
- Exterior features: Private Yard
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 1.3 Acres
- Features: Foothills, Many Trees
Details
- Parcel number: 15164
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain Contemporary
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Composition,Unknown
Condition
- Fixer
- Year built: 1981
Utilities & green energy
- Water: Well
- Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
Community & HOA
Community
- Subdivision: Elk Creek Highlands Filing 5
HOA
- Has HOA: Yes
- HOA fee: $100 annually
- HOA name: Elk Creek Highlands
- HOA phone: 000-000-0000
Location
- Region: Bailey
Financial & listing details
- Price per square foot: $313/sqft
- Tax assessed value: $510,609
- Annual tax amount: $2,043
- Date on market: 2/19/2026
- Listing terms: Cash,Conventional
- Exclusions: Sellers Personal Property
- Ownership: Estate
- Electric utility on property: Yes
- Road surface type: Dirt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Price change | $475,000+5.6%$313/sqft |
Source:  REcolorado as distributed by MLS GRID #2126244 Report a problem | ||
| 3/19/2026 | Listed for sale | $450,000$297/sqft |
Source: REcolorado as distributed by MLS GRID #2126244 Report a problem | ||
| 3/2/2026 | Pending sale | $450,000$297/sqft |
Source: REcolorado as distributed by MLS GRID #2126244 Report a problem | ||
| 2/19/2026 | Listed for sale | $450,000+109.4%$297/sqft |
Source: REcolorado as distributed by MLS GRID #2126244 Report a problem | ||
| 10/14/2002 | Sold | $214,900+47.4%$142/sqft |
Source: Agent Provided Report a problem | ||
| 10/25/1999 | Sold | $145,800$96/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,791 +1.7% | $34,210 +13% |
| 2024 | $1,762 +10.2% | $30,280 -11.7% |
| 2023 | $1,599 +3.7% | $34,290 +35.7% |
| 2022 | $1,542 -6.6% | $25,260 -2.8% |
| 2021 | $1,652 +14.1% | $25,990 +14.1% |
| 2020 | $1,447 -1.8% | $22,770 |
| 2019 | $1,473 +22.7% | $22,770 +23.1% |
| 2017 | $1,201 +16.3% | $18,490 +16.3% |
| 2016 | $1,032 -0.8% | $15,900 |
| 2015 | $1,041 +18.8% | $15,900 |
| 2014 | $877 -3.5% | -- |
| 2013 | $908 +0.5% | $13,980 |
| 2012 | $904 +6.4% | -- |
| 2011 | $850 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 80421
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 7/10Deer Creek Elementary SchoolGrades: PK-5Distance: 4.9 mi
- 8/10Fitzsimmons Middle SchoolGrades: 6-8Distance: 6.2 mi
- 5/10Platte Canyon High SchoolGrades: 9-12Distance: 6.3 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Colorado
- Park County
- Bailey
- 80421
- 89 Prospectors Way
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