470 Homestead Road, Bailey, CO 80421

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470 Homestead Road,Bailey, CO 80421
$500,000
  • 5 Beds
  • 2 Baths
  • 2,545 sq. ft.
  • Single family
  • Active
Listed by:jess munstermanJess@thecoloradoconnection.com
Office:real broker, llc. dba real
MLS#:6607481
Source:ML

Price summary

  • Price:$500,000
  • Price per sq. ft.:$196.46
  • Monthly HOA dues:$2.08

About this home

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

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Home facts

  • Year built:1976
  • Listing ID #:6607481

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:1
  • Living area:2,545 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas, Wood

Structure and exterior

  • Roof:Composition
  • Year built:1976
  • Building area:2,545 sq. ft.
  • Lot area:1 Acres

Schools

  • High school:Platte Canyon
  • Middle school:Fitzsimmons
  • Elementary school:Deer Creek

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$500,000
  • Price per sq. ft.:$196.46
  • Tax amount:$1,308 (2024)
MLS LogoBased on information submitted to the MLS GRID as of September 11, 2025 11:38 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.