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Park
415 Bishop Rd
$399,000
● House - Off Market

415 Bishop Rd

Bailey, CO 80421
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,584 Ft²
$2,118
Est. Monthly

About This Property

Perfectly positioned to capture stunning lake views and year-round southern sun exposure, 415 Bishop Rd offers an exceptional mountain living experience. This south-facing 3-bedroom, 1.5-bath residence spans 1,584 square feet on an expansive .45-acre lot. Sunlight fills the home throughout the day, while the favorable orientation naturally assists with winter snow melt - a highly desirable feature in mountain living. Built in 1983, the home features a thoughtful layout, generous living spaces, and outstanding outdoor potential. A great mountain home, perfect as a weekend retreat or full-time mountain residence.
Unit Size
1,584 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$252
Property Type
House
Property Taxes
$159
HOA Dues
-
Year Built
1983

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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: 6 months ago (REcolorado MLS #IRE9580495)

Price History

Date / Event Date Event Price
Apr 24, 2026 Sold
Premium
Sold
Mar 19, 2026 In contract -
In contract
Feb 5, 2026 Listed $399,000
Listed
May 8, 2018 Sold
Premium
Sold

Property Highlights

Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 8
  • Construction Type: 6
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 792
  • 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: 19,602
  • Total Building Area: 792
  • Building Area: 792
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 792
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARRIS PARK UNIT 5
  • Land Acres: 0000000450
  • Standard Land Use Code: 1001
  • Legal Description 1: T06 R73 S24 SE4 HARRIS PARK ESTATES UNIT 5 BLOCK 077 LOT 41, 42

Neighborhood

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

Geography

  • Account Number: 19313
  • Parcel: R0019313
  • Block: 77
  • Lot: 41
  • Latitude: 39.5062
  • Longitude: -105.498

    Address

  • Full Address: 415 Bishop Rd
  • Address - House Number: 415
  • Address - Street Name: Bishop
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Bailey
  • Carrier Code: R005
  • 4-Digit Zip Code: 1500
  • Zip Code: 80421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $187,764
  • Tax Rate Code Area: 0007

    Appraisal Valuation

  • Standard Deviation: 0.2304
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 434,397
  • High Value: 534,500
  • Low Value: 334,294

    Market Valuation

  • Market Total Value: $286,893
  • Market Land Value: $10,860
  • Market Improvement Value: $276,033

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,930
  • Assessed Land Value: $750
  • Assessed Improvements Value: $19,180

    Sales

  • Current Sale Contract Date: May 07, 2018
  • Current Sale Recording Date: May 08, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 745770
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

$327

Below Asking

0.03%

Average Days on Market

68

Average Home Size

1875 ft²

Average Home Age

31.8 years

Currently For Sale

573 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: Bryan Bernard,
Last Updated: 6 months ago
Data Source: REcolorado MLS, MLS# IRE9580495
© 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 415 Bishop Road built and last sold?
The property at 415 Bishop Road was built in 1983 and last sold on May 7, 2018 for $270,000.
How much is this home worth?
The estimated value of the home located at 415 Bishop Road is $0.
What are some comparable homes to 415 Bishop Road?
There are currently no comparable homes to 415 Bishop Road.
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