Mountain retreat with income potential in the heart of Bailey's foothills! This 3-bedroom (with flex space), 2-bath home pairs big views with serious short-term revenue potential. Perched in the pines with wide-open mountain and lake views, this home delivers the classic Bailey setting buyers come here for: peaceful, private, and immersed in nature. Large windows and an open-concept main living area capture sunrise and sunset light, and the expansive deck highlights the amazing views! This turnkey home has thoughtfully updated throughout with a new roof, new flooring, interior and exterior paint, granite countertops, remodeled bathrooms, updated windows and doors, light fixtures, a radon mitigation system, and fire mitigation improvements. Whether you're looking for a primary residence, vacation home, or short-term rental investment, the hard work has already been done for you. The expanded driveway and parking area can fit a bunch of vehicles and offer future potential for a hot tub, sauna, luxury dome, viewing deck, or an outdoor entertaining kitchen. Don't forget about the carport saving you time cleaning up snow in the winters or easily converting into a fully covered garage. Located in unincorporated Park County, this property is eligible for short-term rental use. With a nearby comparable home reportedly bringing in over 6 figures annually as a short-term rental, this property offers a rare chance to step into an investment where the income story is already proven on the same street. Furniture is negotiable and the right buyer can start renting the property immediately! With the addition of desirable amenities, the combination of views, bedroom count, and location gives you multiple strategies to maximize revenue.