Welcome to the mountain lifestyle you’ve been dreaming about. Set along a sparkling, stocked pond in Bailey, this turnkey retreat offers an effortless blend of comfort, nature, and year-round adventure. Imagine mornings with coffee on your expansive Trex-style deck, watching the water ripple as fish rise, and evenings by the glow of a top-of-the-line wood-burning stove under vaulted ceilings that frame distant mountain views.
Step outside and you’re instantly immersed in it all. Cast a line just steps from your door, ice skate in winter, or wander straight into nearby forest service land. With a paved driveway and county-maintained road, access is easy in every season, making this home ideal for full-time living or the perfect getaway.
Inside, the open layout flows beautifully with hardwood floors, freshly cleaned carpets, and a spacious primary suite with walk-in closet. A newer furnace, new well pump, class 4 roof, serviced septic, and cleaned chimney mean peace of mind from day one. The heated garage with workshop and RV parking with electric give you room for every mountain hobby.
Surrounded by aspen groves that truly shine in summer and fall, this is mountain living at its most effortless. Furniture is negotiable, so you can move right in and start enjoying. Septic is rated for 2 bedrooms, 4 people.
Sold for $625,000
$625,000
124 Prospectors Way, Bailey, CO 80421
3beds
1,642sqft
Single Family Residence
Built in 1994
1 Acres Lot
$619,900 Zestimate®
$381/sqft
$2,713 Estimated rent
Home value
$619,900
$533,000 - $719,000
$2,713/mo
Zestimate® history
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$3,592/mo
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Zillow last checked:
Listing updated:
Listed by:
Victoria Merchant 303-328-8800 vmerchant@kw.com,
Keller Williams Foothills Realty
Bought with:
Jonathan Sanchez, 100108249
Good Neighbor LLC
Source: REcolorado as distributed by MLS GRID,MLS#: 9910145
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Bedroom
- Description: With It's Own Sitting Area And Private Deck
- Features: Primary Suite
- Level: Main
Bedroom
- Level: Main
Bedroom
- Description: Non-Conforming Possible Third Bedroom Or Office
- Level: Main
Bathroom
- Features: En Suite Bathroom
- Level: Main
Bathroom
- Level: Main
Dining room
- Level: Main
Kitchen
- Description: Granite Countertops
- Level: Main
Laundry
- Description: Combo With Laundry Room (New Furnace)
- Level: Main
Living room
- Description: Open Concept Dining/Living
- Level: Main
Workshop
- Description: In The Garage
- Level: Main
Heating
- Forced Air, Natural Gas, Wood Stove
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
Features
- No Stairs, Open Floorplan, Primary Suite, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Data
- Flooring: Carpet, Tile, Wood
- Windows: Double Pane Windows
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Living Room, Outside, Wood Burning Stove
Interior area
- Total structure area: 1,642
- Total interior livable area: 1,642 sqft
- Finished area above ground: 1,642
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Exterior Access Door, Heated Garage, Insulated Garage, Oversized
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Wrap Around
- Exterior features: Fire Pit, Gas Grill
- Fencing: None
- Has view: Yes
- View description: Lake, Mountain(s), Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Pond, Waterfront
Lot
- Size: 1 Acres
- Residential vegetation: Aspen, Natural State, Thinned
Details
- Parcel number: 16786
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Chalet
- Property subtype: Single Family Residence
Materials
- Frame, Log
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1994
Utilities & green energy
- Electric: 220 Volts in Garage
- Water: Well
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: Elk Creek Highlands
HOA
- Has HOA: No
Location
- Region: Bailey
Financial & listing details
- Price per square foot: $381/sqft
- Tax assessed value: $577,344
- Annual tax amount: $2,309
- Date on market: 5/7/2026
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
- Exclusions: Seller's Personal Property
- Ownership: Individual
- Electric utility on property: Yes
- Road surface type: Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Sold | $625,000$381/sqft |
Source:  REcolorado as distributed by MLS GRID #9910145 Report a problem | ||
| 5/4/2026 | Pending sale | $625,000+111.9%$381/sqft |
Source: REcolorado as distributed by MLS GRID #9910145 Report a problem | ||
| 10/7/2014 | Sold | $295,000$180/sqft |
Source: Agent Provided Report a problem | ||
| 9/2/2014 | Pending sale | $295,000$180/sqft |
Source: RE/MAX ALLIANCE #9385295 Report a problem | ||
| 8/31/2014 | Listed for sale | $295,000+31.1%$180/sqft |
Source: RE/MAX ALLIANCE #9385295 Report a problem | ||
| 9/13/2010 | Sold | $225,000$137/sqft |
Source: Public Record Report a problem | ||
| 8/11/2010 | Price change | $225,000+14.2%$137/sqft |
Source: Choice Property Brokers, Ltd. #916975 Report a problem | ||
| 7/1/2010 | Listed for sale | $197,000+35.9%$120/sqft |
Source: Urban Synergy Realty #052-406117 Report a problem | ||
| 5/26/2010 | Sold | $145,000-18.2%$88/sqft |
Source: Public Record Report a problem | ||
| 4/17/2010 | Price change | $177,300+12.5%$108/sqft |
Source: The Edge Group, Inc. Report a problem | ||
| 4/12/2010 | Price change | $157,600-11.1%$96/sqft |
Source: foreclosure.com Report a problem | ||
| 3/16/2010 | Price change | $177,300-10%$108/sqft |
Source: foreclosure.com Report a problem | ||
| 2/11/2010 | Listed for sale | $197,000$120/sqft |
Source: Urban Synergy Realty #052-406117 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,157 +1.7% | $38,680 +6.1% |
| 2024 | $2,122 -1.2% | $36,460 -12.3% |
| 2023 | $2,146 +3.7% | $41,580 +22.7% |
| 2022 | $2,069 -6.6% | $33,900 -2.8% |
| 2021 | $2,217 +30.1% | $34,880 +30.1% |
| 2020 | $1,704 -1.8% | $26,820 |
| 2019 | $1,735 +9.8% | $26,820 +10.2% |
| 2017 | $1,580 +3.4% | $24,330 +3.4% |
| 2016 | $1,527 +16.7% | $23,520 +17.7% |
| 2015 | $1,309 +13.2% | $19,990 |
| 2014 | $1,156 +11.6% | -- |
| 2013 | $1,037 +0.5% | $18,440 |
| 2012 | $1,032 +11.3% | -- |
| 2011 | $927 | -- |
Find assessor info on the county website
Neighborhood: 80421
Nearby homes
- $325,0001 bd2 ba952 sqft92 Prospectors Way, Bailey, CO 80421Pending
- $472,7003 bd1 ba1.1k sqft152 Prospectors Way, Bailey, CO 80421Off Market
- $390,1002 bd1 ba660 sqft117 Elk Creek Dr, Bailey, CO 80421Off Market
- $506,7003 bd2 ba1.2k sqft209 Elk Creek Dr, Bailey, CO 80421Off Market
- $438,3002 bd2 ba1.2k sqft66 Prospectors Way, Bailey, CO 80421Off Market
- $370,2002 bd1 ba680 sqft137 Prospectors Way, Bailey, CO 80421Off Market
- $475,0003 bd2 ba1.5k sqft89 Prospectors Way, Bailey, CO 80421For Sale
- $431,9002 bd1 ba952 sqft225 Elk Creek Dr, Bailey, CO 80421Off Market
Nearby schools
GreatSchools rating
- 9/10Deer Creek Elementary SchoolGrades: PK-5Distance: 5 mi
- 9/10Fitzsimmons Middle SchoolGrades: 6-8Distance: 6.4 mi
- 5/10Platte Canyon High SchoolGrades: 9-12Distance: 6.4 mi
Schools provided by the listing agent
- Elementary: Fitzsimmons
- Middle: Platte Canyon
- High: Platte Canyon
- District: Platte Canyon RE-1
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Colorado
- Park County
- Bailey
- 80421
- 124 Prospectors Way
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