$ 495,000 $ 500,000 1.0%

470 Homestead RD

Bailey, CO 80421

  • 5 Beds
  • 2 Baths
    Full Baths: 1
  • 2,545 SqFt
  • 1 Lot Size
  • 1976 Year Built
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!
Listed by Real Broker, LLC DBA Real , Sold By Keller Williams Foothills Realty

PROPERTY DETAIL

  • Key Details

    Sold Price $495,0001.0%

    Property Type Single Family Home

    Sub Type Single Family Residence

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 2, 545 sqft

    Price per Sqft $194

    Subdivision Burland Ranchettes

    MLS Listing ID 6607481

    Sold Date 10/10/25

    Style Mountain Contemporary

    Bedrooms 5

    Full Baths 1

    Three Quarter Bath 1

    Condo Fees $25

    HOA Fees $2/ann

    HOA Y/N Yes

    Abv Grd Liv Area 1,359

    Year Built 1976

    Annual Tax Amount $1,308

    Tax Year 2024

    Lot Size 1.000 Acres

    Acres 1.0

    Property Sub-Type Single Family Residence

    Source recolorado

  • Location

    State CO

    County Park

    Zoning RES

  • Rooms

    Basement Bath/Stubbed, Finished, Full, Walk-Out Access

    Main Level Bedrooms 3

  • Building

    Lot Description Level, Meadow

    Foundation Slab

    Sewer Septic Tank

    Water Well

    Level or Stories Two

    Structure Type Frame,Wood Siding

  • Interior

    Interior Features Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Primary Suite, Radon Mitigation System

    Heating Forced Air, Natural Gas, Wood

    Cooling None

    Flooring Carpet, Laminate, Tile

    Fireplaces Number 2

    Fireplaces Type Basement, Living Room, Wood Burning Stove

    Fireplace Y

    Appliance Dishwasher, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer

    Laundry In Unit

  • Exterior

    Parking Features Circular Driveway, Unpaved

    Fence Partial

    Utilities Available Electricity Connected, Natural Gas Connected, Phone Available

    View Meadow

    Roof Type Composition

    Total Parking Spaces 4

    Garage No

  • Schools

    Elementary Schools Deer Creek

    Middle Schools Fitzsimmons

    High Schools Platte Canyon

    School District Platte Canyon Re-1

  • Others

    Senior Community No

    Ownership Individual

    Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

    Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

    Special Listing Condition None

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