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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!
Full Property Details
Full Property Details for 470 Homestead Rd
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General
- Sold For: $495,000
- HOA FEE: $2/month
- HOA FEE FREQ.: Annually
- Taxes: $1,308 (2024)
- Status: Closed
- Type: Single Family
- Source: MetroList_Colorado
- MLS ID: 6607481
- Added to Site: 321 day(s) ago
Interior
- Interior Features: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Primary Suite, Radon Mitigation System
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Basement, Living Room, Wood Burning Stove, Basement, Living Room, Wood Burning Stove, Basement, Living Room, Wood Burning Stove
- Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Carpet, Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
- Main Floor Baths: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: In Unit
Additional Information
- Shared Amenities: Playground, Trail(s)
Exterior
- Porch/Patio/Deck: Deck
Parking
- Total Spaces: 4
- Parking Features: Circular Driveway, Unpaved
Location
- County: Park
- Subdivision: Burland Ranchettes
- Driving Directions: FROM CONIFER, HEAD SOUTHBOUND ON HWY 285. TAKE THE COUNTY RD 72 EXIT AND TURN LEFT. STAY LEFT FOR 1.3 MILES. SHARP RIGHT ONTO HOMESTEAD ROAD AND HOME IS 200 FT DOWN ON THE LEFT.
School Information
- Elem School District: Platte Canyon RE-1
- Midd School District: Platte Canyon RE-1
- High School District: Platte Canyon RE-1
- Elementary School: Deer Creek
- Middle School: Fitzsimmons
- High School: Platte Canyon
Community
- Association: Yes
- Assoc. Name: Burland Ranchettes HOA
- Pets Allowed: Yes
- Management Type: Voluntary
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Natural Gas, Wood
Utilities
- Gas: Yes
- Sewer: Septic Tank
- Water: Well
- Utility Description: Electricity Connected, Natural Gas Connected, Phone Available
Structural Information
- Architectural Style: Mountain Contemporary
- Structure Type: House
- Construction: Frame, Wood Siding
- Basement: Yes
- Basement Desc.: Bath/Stubbed, Finished, Full, Walk-Out Access
- Roof: Composition
- Square Feet: 2,545
- Sq. Ft. Source: Public Records
- Living Area: 2,545 Sq. Ft.
- Year Built: 1976
- Property Condition: Fixer
Lot Features
- Property View: Meadow
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Frontage: Public
- Street/Road Desc.: Dirt
- Road Maintenance: Public Maintained Road
- Fence: Yes
- Lot Features: Level, Meadow
- Zoning: RES
- Fencing (Description): Partial
Financial Considerations
- Association Fee: Yes
- Association Fee: $25
- Assoc Fee Freq.: Annually
- Assoc Fee /Annual: $25
- Tax Amount: $1,308
- Tax Year: 2024
- Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Individual
- Special Conditions: None
- Documents Avail.: Well Permit
- Legal Description: T07 R72 S21 NE4 BURLAND RANCHETTES UNIT 23 LOT 11
- Exclusions: NONE
- Property ID: 15824
Listed by Real Broker, LLC DBA Real
Sold by Keller Williams Foothills Realty
Listing agent
— 470 Homestead Rd —
Real Broker, LLC DBA Real
Jess@thecoloradoconnection.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 470 Homestead Rd
School District:Platte Canyon School District 1
| Name | Grades | Distance |
|---|---|---|
Deer Creek Elementary School 1737 County Road 43, Bailey, CO 80421 | PK-5 | 2.4 mi |
Fitzsimmons Middle School 57093 US Highway 285, Bailey, CO 80421 | 6-8 | 4.6 mi |
Platte Canyon High School 57243 US Highway 285, Bailey, CO 80421 | 9-12 | 4.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
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470 Homestead Road, Bailey, CO 80421 (MLS# 6607481) is a Single Family property that was sold at $495,000 on October 10, 2025. Want to learn more about 470 Homestead Road? Do you have questions about finding other Single Family real estate for sale in Bailey? You can browse all Bailey real estate or contact a Coldwell Banker agent to request more information.