470 Homestead Rd, Bailey, CO 80421

$495,000
5
BD
2
BA
2,545
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Courtesy of Real Broker, LLC DBA Real . Jess@thecoloradoconnection.com

Selling Office: Keller Williams Foothills Realty.

Sold Price
$495,000
List Price
$500,000
Closing Date
Oct 10, 2025
Type
Single Family Residential
Status
CLOSED
MLS Number
6607481
Bedrooms
5
Bathrooms
2
Finished Sqft
2,545
Subdivision
Burland Ranchettes
Year Built
1976

Property Description

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!

Additional Information

Taxes
$1,308
School District
Platte Canyon RE-1
Elementary School
Deer Creek
Middle School
Fitzsimmons
High School
Platte Canyon
Style
Contemporary
Basement
Bath/Stubbed, Finished, Full, Walkout
Type
Single Family Residence
Sewer
Septic Tank
Lot Size
43,560
Acres
1
Water
Well
View
Meadow

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks


The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Cortez Property Group are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions