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55 W Crosscut, Bailey, CO, 80421

2beds
2baths
1,300sqft
$500,000
$385price/sqft
$3,099/moest. monthly cost
$123,960/yrincome needed

About This Home

Welcome home to breathtaking mountain views on this secluded, wooded 1.2-acre lot, featuring a ranch-style home in Elk Creek Meadows. A sizeable deck offers ample room for sitting and dining, all while taking in views in every direction. Inside, brand new laminate hardwood flooring, upgraded lighting, and abundant natural light complement the open floor plan. The wood-burning stove warms the living room, and the exposed wood paneling adds texture to the space. Enjoy preparing a meal in the eat-in kitchen, complete with a new stainless steel appliance package (2022), laminate counters, tile floors, and oak cabinetry. An updated bathroom and large bedroom round out the upstairs. Downstairs, a large family room includes a new pellet stove (2022) and another bedroom with an en-suite bathroom with tiled shower. The lower level offers exterior entry, providing easy access to the large covered patio and the detached oversized garage. Additional features of this mountain contemporary home include a new water heater (2024), new baseboards throughout, an updated electrical system (2023), new septic system (2022), and a large laundry/utility room. This incredible lot offers endless opportunities for outdoor enthusiasts, great privacy, wildlife sightings, and relaxation. Whether you're envisioning a cozy cabin retreat or using it for either short-term or long-term rental use, 55 W Crosscut is a lucrative opportunity for primary residents, investors, and second-home owners alike. Don’t miss your chance to own a piece of Colorado’s mountain magic—where peace, potential, and recreation meet.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
9
BikeSomewhat Bikeable

Schools

7/10
8/10
5/10
Platte Canyon High SchoolGrades 9-125.9 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1981

Materials

  • Roof: Composition
  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mountain Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Oven,Refrigerator,Washer
  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Exterior Entry,Finished,Full

Bathroom

  • Level: Main

Bathroom

  • Features: En Suite Bathroom
  • Level: Lower

Bedroom

  • Level: Lower

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Den

  • Level: Lower

Dining Room

  • Level: Main

Features

  • Ceiling Fan(s),Eat-in Kitchen,Laminate Counters,Open Floorplan,Primary Suite
  • Window features: Double Pane Windows
  • Flooring: Tile,Vinyl
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Living Room,Pellet Stove,Wood Burning Stove
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,300

Heating & Cooling

  • Heating features: Electric,Pellet Stove,Wood Stove
  • Cooling features: None

Interior Area

  • Total structure area: 1,300
  • Total interior livable area: 1,300 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Lower

Living Room

  • Level: Main

Property

Details

  • Parcel number: 17758
  • Special condition: Standard
  • Exclusions: Seller's Personal Property

Features

  • Levels: Multi/Split
  • Patio & porch: Deck,Patio
  • Exterior features: Dog Run,Private Yard,Rain Gutters
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 1.20 Acres
  • Features: Level,Many Trees

Parking

  • Total spaces: 3
  • Parking features: Oversized
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Wildfire
    WildfireVery High
  • Hail
    HailRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Lightning
Wildfire
Hail
Winter Weather
Inland Flooding
Landslide
Strong Wind
Tornado

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,528$30,336
Home Insurance *$223$2,676
Property Taxes $162$1,944
Electricity $186$2,232
Total$3,099$37,188
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,251/yr
40% on housing$92,970/yr
45% on housing$82,640/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.9%
16.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$385This listing

vs Other Active Listings

Avg $/sqft

ZIP 80421$348
Park County$288

vs Homes Sold Last Month

Median $/sqft

ZIP 80421$311
Park County$325

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-08Listed for sale$500,000
2022-02-02Sold$465,000

For Sale by Agent

AgentBrandon Clinite, RE/MAX Professionals, The Griffith Home Team, RE/MAX Professionals
BrokerageRE/MAX Professionals

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