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163 Old Corral Road, Bailey, CO, 80421

5beds
4baths
4,322sqft
$1,250,000
$289price/sqft
$7,611/moest. monthly cost
$304,440/yrincome needed

About This Home

Welcome to your private mountain retreat on 3 breathtaking acres with what may be the most spectacular panoramic view in the neighborhood. Whether you're searching for a full-time residence, a weekend getaway, or an income-producing short-term rental, this exceptional Bailey property offers outstanding investment potential. Its mountain setting, year-round accessibility, and proximity to Denver and DIA make it an ideal vacation destination and a remarkable place to call home. Surrounded by Colorado's natural beauty, this property offers the perfect balance of privacy, comfort, and convenience. Located just 3 minutes from Highway 285, you'll enjoy easy year-round access while still feeling worlds away. A 550-foot paved and sealed circular driveway creates a grand arrival and provides abundant parking. Outdoor living shines with five decks and patios, plus a six-person hot tub on its own concrete pad, perfectly positioned to capture the breathtaking mountain views. The decorative fenced backyard provides a secure space for pets, gardening, or outdoor enjoyment while preserving the property's natural mountain charm. Recent upgrades include new carpet throughout the upper three levels, new toilets, new water heaters, a whole-home Halo water purification system, and an ADT security system. The kitchen features Silestone countertops, a glass tile backsplash, and newer appliances, including a refrigerator and dishwasher. The spacious three-car garage with smart garage door openers is ideal for vehicles, hobbies, and mountain gear. Whether you're enjoying a quiet evening in the hot tub, entertaining on the expansive decks, or welcoming vacation guests, this beautifully updated home delivers privacy, comfort, convenience, and unforgettable panoramic views in an extraordinary mountain setting.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

7/10
8/10
5/10
Platte Canyon High SchoolGrades 9-124.2 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1999

Materials

  • Roof: Composition
  • Construction materials: Cedar,Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Convection Oven,Dryer,Dishwasher,Freezer,Gas Cooktop,Disposal,Gas Range,Microwave,Refrigerator,Self Cleaning Oven,Washer
  • Laundry features: In Unit

Basement

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

Bedroom

  • Level: Upper

Bedroom

  • Level: Basement

Bedroom

  • Level: Upper

Bedroom

  • Level: Upper

Bedroom

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main

Features

  • Eat-in Kitchen,Fireplace,Jack and Jill Bath,Jetted Tub,Kitchen Island,Primary Suite,Open Floorplan,Cable TV
  • Flooring: Carpet,Tile,Wood
  • Fireplace features: Gas
  • Fireplace: Yes

Half Bath

  • Level: Main

Heating

  • Heating features: Baseboard,Hot Water

Interior Area

  • Total interior livable area: 4,322 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Other

  • Level: Upper

Other

  • Level: Basement

Other

  • Level: Upper

Property

Details

  • Parcel number: 45110
  • Zoning description: Single Family
  • Exclusions: Yes

Features

  • Levels: Three Or More
  • Has view: Yes
  • View description: Mountain(s)

Lot

  • Lot size: 3 Acres
  • Features: Borders National Forest

Parking

  • Total spaces: 3
  • Parking features: Garage
  • 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
  • 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 $6,320$75,840
Home Insurance *$559$6,708
Property Taxes $406$4,872
Electricity $326$3,915
Total$7,611$91,332
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$260,948/yr
40% on housing$228,330/yr
45% on housing$202,960/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
2026-07-30Listed for sale$1,250,000
2026-07-22Listing removed$1,250,000
2026-06-12Listed for sale$1,250,000
2026-06-10Pending sale$1,250,000
2026-06-04Listed for sale$1,250,000
2020-07-22Sold$750,000
2020-06-02Pending sale$749,999
2020-05-29Listed for sale$749,999
2019-11-10Listing removed$734,999
2019-09-19Price change$734,999
2019-08-30Price change$739,999
2019-08-02Price change$744,999
2019-07-09Listed for sale$749,999
2016-06-26Listing removed$615,000
2016-05-26Price change$615,000
2016-05-06Listed for sale$625,000
2016-01-12Listing removed$625,000
2015-09-08Pending sale$625,000
2015-07-31Listed for sale$625,000
2006-07-03Sold$500,000

For Sale by Agent

AgentBobbi Cobb
BrokerageLIV Sotheby's I.R.

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