58415 US Highway 285

Bailey, CO 80421

$1,450,000
Last Sold Price
21
Beds
13
Baths
9,891 Sq. Ft.
$147 / Sq. Ft.
9,891
Sq. Ft.
$147
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 3/8/22
Closed 3/8/22

Description

Welcome to Riverbend! This Income Property abounds with potential. Great frontage location with 1200 feet of 285 frontage. 23 acres of accessible mountain property conveniently located in Bailey. Beautifully remodeled Owner/Caretaker house plus 6 cabins, 4 mobile homes and additional RV spots for extra income opportunity. All cabins and mobile homes are currently rented with the exception of one. The main house has been spectacularly updated as well as some of the cabins. There is even an additional...Welcome to Riverbend! This Income Property abounds with potential. Great frontage location with 1200 feet of 285 frontage. 23 acres of accessible mountain property conveniently located in Bailey. Beautifully remodeled Owner/Caretaker house plus 6 cabins, 4 mobile homes and additional RV spots for extra income opportunity. All cabins and mobile homes are currently rented with the exception of one. The main house has been spectacularly updated as well as some of the cabins. There is even an additional buildable home site secluded from the rest of the property with stunning views. 3 wells on the property. Well maintained roads for your tenants, all year long. 2 RV spaces that are rented for $650 and $600/month. Property Borders National Forest land and has direct access to 285. Put your personal stamp on this amazing property and create your own dream opportunity or enjoy passive income. Financial records provided upon request. The upside is endless!
  1. Listed by Kirby C Smith • MB CHERRY TREE PROPERTIES INC.
    P: (303)-531-8553 C: (303)-549-4663 houses@denverdreamhomes.com

Property Details for 58415 US Highway 285

View
Lake
Levels
One
Subdivision Name
Bailey
Association
No
Basement
No
LISTING UPDATED: 12/03/2022 01:07 AM

Property Details for 58415 US Highway 285

StatusClosed
MLS #4146003
Days on Compass910
Taxes$4,790 / year
HOA Fees-
Condo/Co-op Fees-
Property Type-
MLS TypeSale / Residential / Building / 1 / 1
Year Built1960
Lot Size23.40 AC / 1,019,304 SF
CountyPark County
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Location

Listing Courtesy of MB CHERRY TREE PROPERTIES INC., Kirby C Smith

Sold By Your Castle Real Estate Inc, Jonathan Stahl

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Building Information for 58415 US Highway 285

Stories-Residences11Year Built1960Lot Size23.40 AC / 1,019,304 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$7,625 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,226

Property Taxes

$399

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 58415 US Highway 285

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 9891
  • Sqft Total: 9891
  • Living Area (SqFt Finished): 9891
  • Above Grade Finished Area: 9891
  • Living SqFt: 9891
  • Area Source: Appraiser
  • PSF Total: 147
  • PSF Above Grade: 147
  • PSF Finished: 147
  • PSF Finished All: 151.65
  • Basement: None
  • Fireplace Features: Wood Burning, Wood Burning Stove
  • Heating: Forced Air, Propane, Wall Furnace
  • Interior Features: Ceiling Fan(s)
  • Security Features: Smoke Detector(s)
  • Flooring: Carpet, Laminate, Linoleum, Tile, Vinyl, Wood
  • Appliances: Gas Water Heater, Oven, Refrigerator
  • Laundry Features: In Unit
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 21
Bathrooms
  • Bathrooms Total: 13
Unit Information
Unit 1
  • Unit Type: 3 Bedroom
  • Units Total: 1
  • Unit Average Rent: $2,500.00
  • Unit Average Sq Ft: 3018
  • Baths Total: 2
  • Number Of Dishwashers: 1
  • Number Of Washers: 1
  • Number Of Dryers: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
  • Number Of Fireplaces: 1
Unit 2
  • Unit Type: 3 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,200.00
  • Unit Average Sq Ft: 1200
  • Baths Total: 2
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
Unit 3
  • Unit Type: Studio
  • Units Total: 1
  • Unit Average Rent: $800.00
  • Unit Average Sq Ft: 191
  • Baths Total: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
Unit 4
  • Unit Type: 1 Bedroom
  • Units Total: 1
  • Unit Average Rent: $500.00
  • Unit Average Sq Ft: 625
  • Baths Total: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
Unit 5
  • Unit Type: Studio
  • Units Total: 1
  • Unit Average Rent: $650.00
  • Unit Average Sq Ft: 225
  • Baths Total: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
Unit 6
  • Unit Type: 2 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,000.00
  • Unit Average Sq Ft: 599
  • Baths Total: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
Unit 7
  • Unit Type: 2 Bedroom
  • Units Total: 1
  • Unit Average Rent: $500.00
  • Unit Average Sq Ft: 428
  • Baths Total: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
Unit 8
  • Unit Type: 3 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,300.00
  • Unit Average Sq Ft: 1869
  • Baths Total: 2
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
Unit 9
  • Unit Type: 2 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,000.00
  • Unit Average Sq Ft: 720
  • Baths Total: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
Unit 10
  • Unit Type: 2 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,000.00
  • Unit Average Sq Ft: 552
  • Baths Total: 1
  • Number Of Refrigerators: 1
  • Number Of Stoves: 1
Unit Information
  • Number Of Units Total: 11
  • Number Of Units Vacant: 1
Parking
Parking
  • Attached Garage: Yes
  • Parking Total: 1
  • Garage Spaces: 1
  • Offstreet Spaces: 0
  • Parking Count: 1
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Rentals Allowed: Long Term, Short Term Lease
Site & Location Information
School Information
  • Elementary School: Deer Creek
  • Elementary School District: Platte Canyon RE-1
  • Middle Or Junior School: Fitzsimmons
  • Middle Or Junior School District: Platte Canyon RE-1
  • High School: Platte Canyon
  • High School District: Platte Canyon RE-1
Site & Location Information
  • Lot Size Acres: 23.40
  • Lot Size Square Feet: 1019304
  • Zoning: Mixed Use
  • Fencing: Full
  • Waterfront Features: Lake
  • Property Exclusions: Owner and Tenants' personal property.
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 1
Building Information
  • Building Name: Riverbend
  • Year Built Effective: 2019
  • Construction Materials: Frame, Log, Wood Siding
  • Roof: Composition
  • Exterior Features: Dog Run
  • Patio And Porch Features: Deck, Front Porch
  • Other Structures: Shed(s)
  • Number of Storage Units: 1
  • Unit Count: 10
Water & Utilities
Water & Utilities
  • Water Included: Yes
  • Water Source: Well
  • Sewer: Septic Tank

Property History for 58415 US Highway 285

DateEvent & SourcePriceAppreciation
Mar 8, 2022

Sold (Public Record)

Public Record #1485724635

$1,450,000

+6.2% / yr

Sep 2, 2008

Sold (Public Record)

Public Record #258917571

$640,000—
DateEvent & SourcePrice
03/08/2022

Sold (Public Record)

Public Record #1485724635

$1,450,000

+6.2% / yr

09/02/2008

Sold (Public Record)

Public Record #258917571

$640,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 58415 US Highway 285

Taxable ValueLand$26,950Additions$96,640Total$123,590
Tax Record2025$7,847 ($654 / month)
Home Facts
Beds2Total Finished SqFt2,960 SqFtAbove Grade Finished SqFt2,300 SqFtFinished Basement SqFt660 SqFtStories1Lot Size1,019,304 SqFtStyleSingle Family ResidenceYear Built1960CountyPARKAPNR0018534

Schools near 58415 US Highway 285

This home is within Platte Canyon 1 School District.
Rating
School
Type
Grades
Distance
Deer Creek Elementary School
Public - PK to 5
Fitzsimmons Middle School
Public - 6 to 8
Platte Canyon High School
Public - 9 to 12
Rating
School
Distance
Deer Creek Elementary School
PublicPK to 5

Fitzsimmons Middle School
Public6 to 8

Platte Canyon High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of MB CHERRY TREE PROPERTIES INC., Kirby C Smith

Based on information submitted to the MLS GRID as of 12/03/2022 01:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.