Endless Potential Nestled in the Foothills of the Rocky Mountains — a rare opportunity to create your dream mountain retreat. Perfectly situated on 1+ acres, this property offers privacy, natural beauty, and incredible possibilities for customization.
The fenced yard is ideal for pets and includes a convenient doggy door for easy outdoor access. A detached garage with dedicated workspace, and a storage shed provide ample room for projects, tools, and outdoor gear.
Enjoy daily wildlife sightings of moose, deer, and elk that roam the neighborhood — your backyard truly becomes a Colorado outdoor adventure playground. The voluntary HOA enhances the mountain lifestyle with horse boarding, a community gathering center, and fishing ponds.
Inside, large windows flood the home with natural light, while a flexible upstairs space offers the perfect area for a home office, hobbies, or creative use. The spacious lot provides room to expand, endless potential for decks, gardens, or outdoor living spaces surrounded by breathtaking mountain scenery. Outdoor recreation is just minutes from your door, with easy access to hiking, biking, and fishing.
Whether you’re a first-time buyer, investor, builder, flipper, or adventurous spirit looking for a creative retreat, this one-of-a-kind property is the perfect canvas to reconnect with nature.
Home is being sold AS-IS.
For sale
$450,000
89 Prospectors Way, Bailey, CO 80421
3beds
1,516sqft
Est.:
Single Family Residence
Built in 1981
1.3 Acres Lot
$-- Zestimate®
$297/sqft
$8/mo HOA
What's special
- 9 days |
- 1,596 |
- 109 |
Zillow last checked: 8 hours ago
Listing updated: February 19, 2026 at 12:16am
Listed by:
Tricia Wales 303-941-5354 tricia@bhhselevated.com,
Berkshire Hathaway HomeServices Elevated Living RE
Source: REcolorado,MLS#: 2126244
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Upper
Bedroom
- Level: Upper
Bedroom
- Level: Main
Bathroom
- Level: Main
Bathroom
- Level: Upper
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Level: Main
Loft
- Level: Upper
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer
Features
- Ceiling Fan(s), Eat-in Kitchen, Laminate Counters, Pantry
- Flooring: Carpet, Wood
- Has basement: No
Interior area
- Total structure area: 1,516
- Total interior livable area: 1,516 sqft
- Finished area above ground: 1,516
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Stairs
- Patio & porch: Covered, Deck, Front Porch, Patio
- Exterior features: Private Yard
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 1.3 Acres
- Features: Foothills, Many Trees
Details
- Parcel number: 15164
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mountain Contemporary
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Composition,Unknown
Condition
- Fixer
- Year built: 1981
Utilities & green energy
- Water: Well
- Utilities for property: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
Community & HOA
Community
- Subdivision: Elk Creek Highlands Filing 5
HOA
- Has HOA: Yes
- HOA fee: $100 annually
- HOA name: Elk Creek Highlands
- HOA phone: 000-000-0000
Location
- Region: Bailey
Financial & listing details
- Price per square foot: $297/sqft
- Tax assessed value: $510,609
- Annual tax amount: $2,043
- Date on market: 2/19/2026
- Listing terms: Cash,Conventional
- Exclusions: Sellers Personal Property
- Ownership: Estate
- Electric utility on property: Yes
- Road surface type: Dirt, Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/19/2026 | Listed for sale | $450,000+109.4%$297/sqft |
Source:  REcolorado #2126244 Report a problem | ||
| 10/14/2002 | Sold | $214,900+47.4%$142/sqft |
Source: Agent Provided Report a problem | ||
| 10/25/1999 | Sold | $145,800$96/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,791 +1.7% | $34,210 +13% |
| 2024 | $1,762 +10.2% | $30,280 -11.7% |
| 2023 | $1,599 +3.7% | $34,290 +35.7% |
| 2022 | $1,542 -6.6% | $25,260 -2.8% |
| 2021 | $1,652 +14.1% | $25,990 +14.1% |
| 2020 | $1,447 -1.8% | $22,770 |
| 2019 | $1,473 +22.7% | $22,770 +23.1% |
| 2017 | $1,201 +16.3% | $18,490 +16.3% |
| 2016 | $1,032 -0.8% | $15,900 |
| 2015 | $1,041 +18.8% | $15,900 |
| 2014 | $877 -3.5% | -- |
| 2013 | $908 +0.5% | $13,980 |
| 2012 | $904 +6.4% | -- |
| 2011 | $850 | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,235/mo
Principal & interest
$2099
Property taxes
$128
HOA Fees
$8
Climate risks
Neighborhood: 80421
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 7/10Deer Creek Elementary SchoolGrades: PK-5Distance: 4.9 mi
- 8/10Fitzsimmons Middle SchoolGrades: 6-8Distance: 6.2 mi
- 5/10Platte Canyon High SchoolGrades: 9-12Distance: 6.3 mi
Schools provided by the listing agent
- Elementary: Fitzsimmons
- Middle: Platte Canyon
- High: Platte Canyon
- District: Platte Canyon RE-1
Source: REcolorado. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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