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$799,000 -$16,000 (-1.96%) Price Reduced
Property Description
PRICE IMPROVEMENT! Welcome to this stunning single-family home located in the serene Elk Creek Highlands community of Bailey, Colorado. This spacious residence boasts 3 bedrooms, 2 full bathrooms, and 1 half bath, offering 2,016 Sq. Ft. of living space. Nestled against a backdrop of majestic mountains and lush forests with views of Mt. Rosalie, this property is a perfect blend of comfort & nature, ideal for those seeking a peaceful retreat or an active outdoor lifestyle. As you enter, you are greeted by a warm inviting dining area featuring vaulted wood-paneled ceilings, with additional eat-in kitchen counter space. The open-concept design flows seamlessly into the living area, featuring a stone accent wall, a cozy gas-burning stove, perfect for chilly Colorado nights. The modern kitchen is a delight, equipped with stainless steel appliances, quartz countertops, & ample cabinetry, highlighted by a beautiful vaulted wood-finish ceiling. The spacious primary bedroom includes a private entrance to the deck & hot tub, features two walk in closets, an en-suite primary bath with double sink vanity, separate walk in shower & tub. The outdoor spaces are equally impressive, with an expansive wooden deck offering panoramic views of surrounding mountains & forests. Enjoy summer barbecues on the deck or relax in the private spa. The property also features a terraced landscape with natural stone retaining walls, creating a picturesque setting for outdoor gatherings. With 2 attached garages & additional parking, including RV, on upper level. The added finished detached and heated 30x30 garage/workshop includes 10 foot doors & 10' 6" ceilings has plenty of space for storing equipment, tools & additional vehicles. Scenic Park county has so much to offer with nearby hiking, ATV trails, close to Hwy 285 & nearby ski areas and quaint shops & dining in Bailey & minutes to amenities & shopping in Conifer & Evergreen. Don't miss the opportunity to view this exceptional Bailey property!
Full Property Details
Full Property Details for 705 Gold Flake Terrace
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General
- Price: $799,000
- HOA FEE: $3/month
- HOA FEE FREQ.: Annually
- Taxes: $3,231 (2025)
- Status: Active
- Type: Single Family
- Source: MetroList_Colorado
- MLS ID: 4308020
- Updated: 7/9/2026
- Added to Site: 30 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Eat-in Kitchen, Five Piece Bath, High Ceilings, High Speed Internet, Open Floorplan, Primary Suite, Quartz Counters, Radon Mitigation System, Smoke Free, Hot Tub, Vaulted Ceiling(s), Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas Log, Living Room, Gas Log, Living Room, Gas Log, Living Room
- Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Self Cleaning Oven
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 2
Additional Information
- Shared Amenities: Pond Seasonal
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior
- Exterior Features: Dog Run, Lighting, Private Yard, Rain Gutters
- Porch/Patio/Deck: Deck, Front Porch, Wrap Around
Parking
- Garage: Yes
- Garage Spaces: 4
- Total Spaces: 12
- Parking Features: 220 Volts, Unpaved, Exterior Access Door, Finished Garage, Heated Garage, Insulated Garage, Oversized
Location
- County: Park
- Subdivision: Elk Creek Highlands
- Driving Directions: Take Highway 285 South to Bailey, turn right on CR 43, drive approximately 5.8 miles to Shelton Drive, veer right follow .8 miles and make left on Gold Flake Terrace follow .3 miles on your right. GPS should work as well.
- Direction Faces: South
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: Fitzsimmons
- Middle School: Platte Canyon
- High School: Platte Canyon
Community
- Association: Yes
- Assoc. Name: Elk Creek Highlands POA
- Pets Allowed: Yes
- Management Type: Voluntary
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Natural Gas
Utilities
- Gas: Yes
- Sewer: Septic Tank
- Water: Well
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
Structural Information
- Architectural Style: Mountain Contemporary
- Structure Type: House
- Construction: Cedar, Frame
- Basement Desc.: Finished, Full, Walk-Out Access
- Roof: Metal
- Windows: Double Pane Windows
- Square Feet: 2,016
- Sq. Ft. Source: Public Records
- Living Area: 2,016 Sq. Ft.
- Year Built: 2017
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- 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: Fire Mitigation, Foothills, Landscaped, Many Trees, Meadow, Mountainous
- Trees/Vegetation: Aspen, Natural State, Partially Wooded, Pine
- Fencing (Description): Partial
Financial Considerations
- Association Fee: Yes
- Association Fee: $40
- Assoc Fee Freq.: Annually
- Assoc Fee /Annual: $40
- Tax Amount: $3,231
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Ownership: Individual
- Special Conditions: None
- Documents Avail.: Septic Report, Survey, Well Permit
- Legal Description: T06 R73 S23 SE4 ELK CREEK HIGHLANDS FILING 4 BLOCK 13 LOT 09
- Exclusions: Washer & Dryer, Freezer in garage, Red tool boxes in garage, Sellers personal property and staging items.
- Property ID: 17908
- Lot Number: 9
Listed by RE/MAX Alliance
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Schools
Schools serving 705 Gold Flake Terrace
School District:Platte Canyon School District 1
| Name | Grades | Distance |
|---|---|---|
Deer Creek Elementary School 1737 County Road 43, Bailey, CO 80421 | PK-5 | 4.2 mi |
Fitzsimmons Middle School 57093 US Highway 285, Bailey, CO 80421 | 6-8 | 5.9 mi |
Platte Canyon High School 57243 US Highway 285, Bailey, CO 80421 | 9-12 | 5.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 705 Gold Flake Terrace
Date
Details
Price
Change
Source
11/11/2019
Sold
$494,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 705 Gold Flake Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,231
25%
$50,470
15%
2024
$2,587
2%
$43,730
—
2023
$2,545
15%
$43,730
20%
2021
$2,222
-1%
$36,390
3%
2022
$2,239
1%
$35,370
21%
2021
$2,222
21%
$29,300
—
2019
$1,837
15%
$29,300
18%
2018
$1,601
250%
$24,750
249%
2017
$458
-3%
$7,090
-2%
2016
$472
-1%
$7,270
—
2015
$476
-31%
$7,270
-33%
2014
$690
1%
$10,930
—
2013
$685
—
$10,930
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 705 Gold Flake Terrace
705 Gold Flake Terrace, Bailey, CO 80421 (MLS# 4308020) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 705 Gold Flake Terrace is currently listed for $799,000 and was received on June 11, 2026. Want to learn more about 705 Gold Flake Terrace? 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.
