Opportunity knocks again in Burland Ranchettes — and this time, IT'S EVEN BETTER! With a brand-new 1,000-gallon septic tank installed and the property freshly cleared, this 5-bed, 2-bath, 2,545 sq. ft. mountain home is the best price per square foot in the area—making it an unbeatable investment. You know how valuable a usable lot is and this one sits on a beautiful 1 acre lot, complete with a double circle driveway and backing to 40 private acres for additional privacy. You'll love the solid bones, spacious layout, and the flexibility to customize as you wish. Upstairs there's a large living space, 2 bedrooms and a primary suite. The lower level features roughed-in plumbing for a third bathroom, an additional living space and 2 bonus rooms which could be used as bedrooms as well, giving you the chance to expand and design this home to fit your needs. As part of the Burland Ranchettes community, you'll also enjoy exclusive access to Weakland-Fawks Park and nearby Mount Bailey trails—perfect for hiking, exploring, and fully embracing the mountain lifestyle. Don’t miss your chance to claim the best value in the foothills and create something truly special!
For sale
Price cut: $15K (4/23)
$540,000
470 Homestead Road, Bailey, CO 80421
5beds
2,545sqft
Est.:
Single Family Residence
Built in 1976
1 Acres Lot
$-- Zestimate®
$212/sqft
$2/mo HOA
What's special
Roughed-in plumbingGood bonesDouble circle drivewayGreat layout
- 55 days
- on Zillow |
- 210 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 08:41am
Listed by:
Jess Munsterman Jess@thecoloradoconnection.com,
Real Broker, LLC DBA Real
Source: REcolorado,MLS#: 6607481

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Description: Septic Is 1000 Gallon. Buyer Could Choose To Use Downstairs Bonus Room As A Bedroom. Exterior Door Access Walkout
- Level: Basement
Bedroom
- Level: Main
Bedroom
- Description: Septic Is 1000 Gallon. Buyer Could Choose To Use Downstairs Bonus Room As A Bedroom
- Level: Basement
Primary bathroom
- Level: Main
Bathroom
- Level: Main
Family room
- Description: Fireplace In The Basement Living Space
- Level: Basement
Kitchen
- Description: Eat-In Kitchen With A View!
- Level: Main
Laundry
- Level: Basement
Living room
- Description: Stone Focal Point Fireplace In The Main Living Space
- Level: Main
Heating
- Forced Air, Natural Gas, Wood
Cooling
- None
Appliances
- Included: Dishwasher, Gas Water Heater, Oven, Refrigerator
- Laundry: In Unit
Features
- Breakfast Nook
- Flooring: Carpet, Laminate, Tile
- Basement: Finished,Full,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Basement, Living Room, Wood Burning Stove
Interior area
- Total structure area: 2,545
- Total interior livable area: 2,545 sqft
- Finished area above ground: 1,359
- Finished area below ground: 1,186
Property
Parking
- Total spaces: 10
- Parking features: Circular Driveway, Driveway
- Has uncovered spaces: Yes
- Details: RV Spaces: 10
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Has view: Yes
- View description: Meadow
Lot
- Size: 1 Acres
- Features: Level, Meadow
Details
- Parcel number: 15824
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain Contemporary
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 1976
Utilities & green energy
- Water: Well
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Available
Community & HOA
Community
- Subdivision: Burland Ranchettes
HOA
- Has HOA: Yes
- Amenities included: Playground, Trail(s)
- HOA fee: $25 annually
- HOA name: Burland Ranchettes HOA
Location
- Region: Bailey
Financial & listing details
- Price per square foot: $212/sqft
- Tax assessed value: $384,954
- Annual tax amount: $1,308
- Date on market: 3/1/2025
- Listing terms: 1031 Exchange,Cash,Conventional
- Exclusions: None
- Ownership: Individual
- Electric utility on property: Yes
- Road surface type: Dirt
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