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278 Overlook Drive, Bailey, CO, 80421

4beds
2baths
2,475sqft
$715,000
$289price/sqft
$4,353/moest. monthly cost
$174,120/yrincome needed

About This Home

Welcome to 278 Overlook Dr, the mountain home you’ve been waiting for. An inspired blend of modern comforts and original charm, nestled on 2 beautiful, spacious, and usable acres. Thoughtful finishes and character in every room include original wood detailing, beautiful brick accents, and expansive picture windows framing sweeping mountain vistas + front-row sunset views over the Lost Creek Wilderness and Pike-San Isabel National Forest. Entertain effortlessly with the spacious kitchen featuring newer stainless appliances, gorgeously-kept real wood cabinetry, and a sink-side view to Staunton State Park. The adjoining dining and generously-sized main living areas flow into two oversized main floor bedrooms and 5 piece bath. The fully-finished, above-grade walkout offers two additional bedrooms, a home office, original gas stove, and a fully-functional wet bar with covered outdoor access to the expansive yard. Exceptional privacy and a true mountain escape are made possible by mature ponderosa pines, spruce and cedar trees, and a beautiful aspen grove. No homes are located behind so a serene backdrop as your own preserve is a daily luxury. Wildlife is your closest neighbor with frequent visits from deer, moose, birds, and horses. Easy year-round access just 0.3 miles from Highway 285 keeps you connected to grocery, schools, and amenities while remaining intentionally secluded. Practical peace of mind bonuses include: an oversized 3-car detached garage, 3 large outdoor sheds, newer windows, updated water systems (new filtration and softener; well head serviced; new sediment filter; and new reverse osmosis system), natural gas service (so no propane needed!), and thoughtful storage throughout. This is a truly rare mountain find with gently sloping, usable acreage framed by mature landscaping, bordering public land (so no future developments to obstruct views). This move-in-ready mountain gem is ready for its new owners. Schedule your showing today!

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

7/10
8/10
5/10
Platte Canyon High SchoolGrades 9-124.6 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1980

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Oven,Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Daylight,Finished,Full,Walk-Out Access

Bathroom

  • Level: Main
  • Area: 44
  • Dimensions: 11 x 4

Bathroom

  • Level: Basement
  • Area: 32
  • Dimensions: 8 x 4

Bedroom

  • Level: Main
  • Area: 156
  • Dimensions: 13 x 12

Bedroom

  • Level: Main
  • Area: 132
  • Dimensions: 11 x 12

Bedroom

  • Level: Basement
  • Area: 169
  • Dimensions: 13 x 13

Bedroom

  • Level: Basement
  • Area: 169
  • Dimensions: 13 x 13

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 99
  • Dimensions: 11 x 9

Family Room

  • Level: Basement
  • Area: 380
  • Dimensions: 20 x 19

Features

  • Ceiling Fan(s),Eat-in Kitchen,Five Piece Bath,Kitchen Island,Open Floorplan,Wet Bar,Wired for Data
  • Window features: Double Pane Windows,Window Coverings
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Family Room,Gas,Living Room
  • Fireplace: Yes
  • Finished area below ground: 1,484
  • Finished area above ground: 991

Heating & Cooling

  • Heating features: Baseboard,Natural Gas,Wood Stove
  • Cooling features: None

Interior Area

  • Total structure area: 2,475
  • Total interior livable area: 2,475 sqft

Kitchen

  • Level: Main
  • Area: 121
  • Dimensions: 11 x 11

Laundry

  • Level: Basement
  • Area: 56
  • Dimensions: 7 x 8

Living Room

  • Level: Main
  • Area: 320
  • Dimensions: 16 x 20

Workshop

  • Level: Basement
  • Area: 49
  • Dimensions: 7 x 7

Property

Details

  • Parcel number: 35960
  • Special condition: Standard
  • Exclusions: Seller's Personal Property,Staging Items,Washer/Dryer

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Wrap Around
  • Exterior features: Garden,Gas Valve,Private Yard
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 1.90 Acres
  • Features: Borders Public Land,Foothills,Landscaped,Level,Many Trees,Mountainous,Secluded

Parking

  • Total spaces: 5
  • Parking features: Dry Walled,Exterior Access Door
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
  • Hail
    HailRelatively High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Hail
Wildfire
Winter Weather
Landslide
Strong Wind

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 $3,615$43,380
Home Insurance *$320$3,840
Property Taxes $232$2,784
Electricity $186$2,242
Total$4,353$52,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$149,245/yr
40% on housing$130,590/yr
45% on housing$116,080/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

$289This listing

vs Other Active Listings

Avg $/sqft

ZIP 80421$342
Park County$287

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)

Price History

DateEventPrice
2026-08-12Price change$700,000
2026-07-15Price change$715,000
2026-06-25Listed for sale$725,000
2024-07-01Sold$720,000
2024-06-07Pending sale$729,000
2024-05-31Listed for sale$729,000
2023-07-10Sold$695,000
2019-07-31Listing removed$2,500
2019-06-19Listed for rent$2,500
2018-10-17Listing removed$2,500
2018-09-17Listed for rent$2,500
2017-10-12Listing removed$2,300
2017-09-29Price change$2,300
2017-08-23Price change$2,500
2017-08-21Listed for rent$4,000

For Sale by Agent

AgentMadison Kissel
BrokerageCompass - Denver

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