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567 Forest Dr
$510,000
↑ $10K (2%)
● House - For Sale

567 Forest Dr

Bailey, CO 80421
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,108 Ft²
$2,631
Est. Monthly
3.69%
Cap Rate

About This Property

For the first time in 30 years, this charming mountain home is available for sale. Nestled on private acreage surrounded by towering pines, 567 Forest Drive offers a peaceful escape with all the comforts of home.

Jan 2026 update: Sporting a brand new high impact $17,000 roof and all new decking.

This well-maintained property features 2 bedrooms and 1.5 baths, blending rustic character with thoughtful updates. Recent improvements include a brand new $30,000 septic system, new furnace, new gutters and fresh exterior paint, ensuring peace of mind for years to come.

Inside, the home is warm and inviting, with cozy living spaces perfect for relaxing or entertaining. Large windows bring the forest setting indoors, while the open living and dining areas create a welcoming flow. The kitchen retains its mountain-cabin charm and is positioned conveniently next to the dining room.

Outdoors, you'll enjoy multiple sitting areas, including a private deck ideal for summer gatherings, barbecues, or simply soaking up the natural beauty and fresh mountain air. A detached garage and shed provide additional storage and functionality.

Located in Bailey, this retreat offers both privacy and accessibility-a perfect balance for year-round living or as a weekend getaway.
Unit Size
1,108 Ft²
Days on Market
-
Land Size
1.86 acres
Price per sqft
$460
Property Type
House
Property Taxes
$126
HOA Dues
-
Year Built
1979

Listed By

Payment Calculator

Cap Rate Calculator

Last updated: 10 months ago (REcolorado MLS #7391500)

Price History

Date / Event Date Event Price
Jan 3, 2026 Price Increased $510,000
↑ $10K (2%)
Price Increased
Sep 17, 2025 Price Decreased $500,000
↓ $20K (3.9%)
Price Decreased
Aug 30, 2025 Listed by Compass - Denver $520,000
Listed by Compass - Denver

Property Highlights

Parking Details
Has Garage
Garage Spaces: 6
Interior Details
Full Bathrooms: 1
Laundry Features: Main Level
Exterior Details
Square Footage: 1108
Square Footage Source: $0
Property Condition: Not New, Previously Owned
Architectural Style: Ranch
Year Built: 1979
Building Area Total: 1108
Levels: One
Construction Materials: Wood/Frame, Brick/Brick Veneer
Patio and Porch Features: Patio, Deck
Lot Features: Gutters
Lot Size Area: 81022
Lot Size Units: Square Feet
Lot Size Acres: 1.86
Lot Size Square Feet: 81022
Water Source: Well
Financial Details
Tax Annual Amount: $1,516
Utilities Details
Heating Type: Forced Air
Sewer : Septic Tank, Septic

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 7

    Dimensions

  • Lot Size Square Feet: 81,022
  • Total Building Area: 1,108
  • Building Area: 1,108
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,108
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ELKHORN ACRES
  • Land Acres: 0000001860
  • Standard Land Use Code: 1001
  • Legal Description 1: T06 R73 S25 SE4 ELKHORN ACRES LOT 007

Neighborhood

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

Geography

  • Account Number: 17873
  • Parcel: R0017873
  • Lot: 7
  • Latitude: 39.4943
  • Longitude: -105.5

    Address

  • Full Address: 567 Forest Dr
  • Address - House Number: 567
  • Address - Street Name: Forest
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Bailey
  • Carrier Code: R004
  • 4-Digit Zip Code: 1112
  • Zip Code: 80421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $149,142
  • Tax Rate Code Area: 0005

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 78
  • Final Value: 489,651
  • High Value: 572,399
  • Low Value: 406,903

    Market Valuation

  • Market Total Value: $326,356
  • Market Land Value: $85,041
  • Market Improvement Value: $241,315

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,680
  • Assessed Land Value: $5,910
  • Assessed Improvements Value: $16,770
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

About Park


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Frequently Asked Questions

When was property at 567 Forest Drive built and last sold?
The property at 567 Forest Drive was built in 1979 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 567 Forest Drive is $510,069.
What are some comparable homes to 567 Forest Drive?
There are currently no comparable homes to 567 Forest Drive.