Bailey, CO 80421,58415 US Highway 285
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Bailey, CO 80421,58415 US Highway 285
Bailey, CO 80421,58415 US Highway 285
Bailey, CO 80421,58415 US Highway 285
Bailey, CO 80421,58415 US Highway 285

$1,450,000

Est. payment /mo

$1,500,000

3.3%
Est.Price: ?

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58415 US Highway 285 Bailey, CO 80421

21 Beds

13 Baths

9,891 SqFt

SOLD DATE : 03/08/2022

Key Details

Sold Price $1,450,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 9,891 sqft

Price per Sqft $146

Subdivision Bailey

MLS Listing ID 4146003

Sold Date 03/08/22

Bedrooms 21

HOA Y/N No

Abv Grd Liv Area 9,891

Originating Board recolorado

Year Built 1960

Annual Tax Amount $4,790

Tax Year 2018

Lot Size 23 Sqft

Acres 23.4

Property 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 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!

Location

State CO

County Park

Zoning Mixed Use

Rooms

Basement None

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air, Propane, Wall Furnace

Flooring Carpet, Laminate, Linoleum, Tile, Vinyl, Wood

Fireplaces Type Wood Burning, Wood Burning Stove

Fireplace N

Appliance Gas Water Heater, Oven, Refrigerator

Laundry In Unit

Exterior

Exterior Feature Dog Run

Garage Spaces 1.0

Fence Full

Waterfront Description Lake

View Lake

Roof Type Composition

Total Parking Spaces 1

Garage Yes

Building

Sewer Septic Tank

Water Well

Level or Stories One

Structure Type Frame, Log, Wood Siding

Schools

Elementary Schools Deer Creek

Middle Schools Fitzsimmons

High Schools Platte Canyon

School District Platte Canyon Re-1

Others

Ownership Corporation/Trust

Acceptable Financing Owner Will Carry

Listing Terms Owner Will Carry

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by MB CHERRY TREE PROPERTIES INC.
Bought with Your Castle Real Estate Inc

Jim Cavoto

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+1(720) 692-6563

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