See Home Value
Park
518 Pine Dr
$585,000
● House - Off Market

518 Pine Dr

Bailey, CO 80421
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,240 Ft²
$3,070
Est. Monthly

About This Property

Nestled in the easily accessible Friendship Ranch neighborhood, this charming 4-bedroom, 3-bath mountain home offers over 2,200 square feet of comfortable living space & truly breathtaking views from nearly every room. Enjoy sweeping vistas of Lion's Head, Chimney Rock, Black Mountain, Devil's Head, and more-all from the comfort of your own home.

Thoughtful recent updates throughout the home include two newly installed bathroom vanities, main level bath tile surround, fresh vinyl flooring in the bathrooms, and a striking new fireplace surround with manufactured stone detailing that elevates the wood-burning fireplace at the heart of the living room

The main level features an open-concept floor plan with a spacious living & dining area, a well-appointed kitchen with granite countertops & stainless steel appliances, a full bathroom, & a main-floor bedroom-ideal for guests or multigenerational living. Upstairs, you'll find the primary suite with a full ensuite bath and second bedroom, both offering stunning mountain views to wake up to.

The finished walk-out basement provides additional living space, including a large family room perfect for movie nights, a fourth non-conforming bedroom (septic rated 3 Bedroom/6 people), & a utility room that includes a 400-gallon water storage tank-ideal for mountain living.

Step outside to the back patio,perfect for entertaining, with space to relax & enjoy the mountain air. Raised garden beds are thoughtfully covered to be protected from local wildlife, & natural rock outcroppings add to the charm. The gently sloped front yard features a grassy area ideal for outdoor games.

Exterior features include a durable metal-framed attached carport, RV/trailer parking, and a 10x12 wooden storage shed. The property's location offers added convenience, as the end of the driveway is adjacent to the school bus stop, & the road is maintained as part of a county school bus route-meaning quicker snow removal & easier year-round access.
Unit Size
2,240 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$263
Property Type
House
Property Taxes
$173
HOA Dues
-
Year Built
1979

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Last updated: 3 months ago (REcolorado MLS #IRE9249198)

Price History

Date / Event Date Event Price
Aug 13, 2025 Sold
Sold
Jul 15, 2025 In contract -
In contract
Jul 10, 2025 Price Decreased $590,000
↓ $10K (1.7%)
Price Decreased
Jun 29, 2025 Relisted $599,999
Relisted
Jun 23, 2025 In contract -
In contract
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Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1986
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 896
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 22

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRIENDSHIP RCH UNIT 2
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • Legal Description 1: T07 R72 S08 SE4 FRIENDSHIP RANCH UNIT 2 LOT 02 AND 03

Neighborhood

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

Geography

  • Account Number: 29650
  • Parcel: R0029650
  • Lot: 2
  • Latitude: 39.4479
  • Longitude: -105.471

    Address

  • Full Address: 518 Pine Dr
  • Address - House Number: 518
  • Address - Street Name: Pine
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Bailey
  • Carrier Code: R001
  • 4-Digit Zip Code: 2322
  • Zip Code: 80421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $203,666
  • Tax Rate Code Area: 0005

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 611,350
  • High Value: 715,992
  • Low Value: 506,708

    Market Valuation

  • Market Total Value: $412,060
  • Market Land Value: $56,006
  • Market Improvement Value: $356,054

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,640
  • Assessed Land Value: $3,890
  • Assessed Improvements Value: $24,750

    Sales

  • Current Sale Contract Date: Apr 07, 2020
  • Current Sale Recording Date: Apr 08, 2020
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 764622
  • Previous Sale Recording Date: Sep 10, 2018
  • Previous Sale Contract Date: Sep 04, 2018
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

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Frequently Asked Questions

When was property at 518 Pine Drive built and last sold?
The property at 518 Pine Drive was built in 1979 and last sold on Apr 7, 2020 for $425,000.
How much is this home worth?
The estimated value of the home located at 518 Pine Drive is $0.
What are some comparable homes to 518 Pine Drive?
There are currently no comparable homes to 518 Pine Drive.