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Park
283 Bishop Rd
$20,000
● Land - Off Market

283 Bishop Rd

Bailey, CO 80421
bedrooms
Studio
bathrooms
0 Bath
$21,406
RealtyHop Estimate
25.92%
Since Jan 1, 2021
CO-Denver
Primary Model

About This Property

Beautiful south-facing, gently sloping mountain lot available in the increasingly popular Harris Park Estates. Buy as an investment or to build your mountain home or getaway. Elk Creek winds through the valley below this plot into Lake #1 (drained for maintenance and repair the summer of 2021 and expected to be filled and stocked with fish the summer of 2021). The voluntary Harris Park Metropolitan District (HPMD) is $50/annually and contributes to the maintenance of the activity filled community center and stocking the three fish ponds. A horse corral and stables are available for community members who own horses. More information at https://harrisparkmetrodistrict.com/ Buyer to verify all MLS information and future building plans with Park County and the HPMD.
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
Land
Property Taxes
$6
HOA Dues
$4
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 11 months ago (REcolorado MLS #8293732)

Price History

Date / Event Date Event Price
Dec 30, 2020 Sold
Premium
Sold
Nov 16, 2020 Listed by RE/MAX Alliance $17,000
Listed by RE/MAX Alliance
Jul 6, 2017 Sold
Premium
Sold

Property Highlights

With View

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 7

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: HARRIS PARK UNIT 5
  • Land Acres: 0000000300
  • Standard Land Use Code: 8001
  • County Land Use Code: 0100
  • Legal Description 1: T06 R73 S24 SE4 HARRIS PARK ESTATES UNIT 5 BLOCK 077 LOT 30

Neighborhood

  • School District Name: Platte Canyon School District 1
  • Census Tract: 000102

Geography

  • Account Number: 18937
  • Parcel: R0018937
  • Block: 77
  • Lot: 30
  • Latitude: 39.5069
  • Longitude: -105.5

    Address

  • Full Address: 283 Bishop Rd
  • Address - House Number: 283
  • Address - Street Name: Bishop
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Bailey
  • Carrier Code: R005
  • 4-Digit Zip Code: 1515
  • Zip Code: 80421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $50,266
  • Tax Rate Code Area: 0007

    Market Valuation

  • Market Total Value: $3,954
  • Market Land Value: $3,954

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,147
  • Assessed Land Value: $1,147

    Sales

  • Current Sale Contract Date: Dec 29, 2020
  • Current Sale Recording Date: Dec 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 774219
  • Previous Sale Recording Date: Jul 06, 2017
  • Previous Sale Contract Date: Jun 30, 2017
  • Previous Sale Amount: $3,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Park

Stats & Trends

Median Asking:

$580,000

Sale Price/ft²

$328

Below Asking

0.03%

Average Days on Market

68

Average Home Size

1883 ft²

Average Home Age

31.8 years

Currently For Sale

580 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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REcolorado

Listed by: Anastasia Johnson, RE/MAX Alliance
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 8293732
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 283 Bishop Road built and last sold?
The property at 283 Bishop Road was built in and last sold on Dec 29, 2020 for $20,000.
How much is this home worth?
The estimated value of the home located at 283 Bishop Road is $17,170.
What are some comparable homes to 283 Bishop Road?
There are currently no comparable homes to 283 Bishop Road.
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