80421 Homes under $400,000

Welcome to Bailey, Colorado, a hidden gem nestled in the heart of Park County, zip code 80421. This picturesque mountain town is renowned for its stunning natural beauty, outdoor recreational opportunities, and a tight-knit community that welcomes newcomers with open arms. Whether you’re seeking a serene retreat or an adventurous lifestyle, Bailey has something for everyone.

One of the most appealing aspects of Bailey is its affordability in the real estate market. Here, you can find charming homes under $400,000, making it an ideal destination for first-time buyers, families, or anyone looking to escape the hustle and bustle of city life. These homes often boast unique architectural features, spacious lots, and breathtaking views of the surrounding mountains, ensuring you can enjoy the tranquility of nature right from your doorstep.

Living in Bailey means having access to a wealth of outdoor activities. From hiking and biking in the summer to skiing and snowboarding in the winter, the options are endless. The nearby South Platte River offers fantastic fishing and kayaking opportunities, while the majestic Pike National Forest is perfect for camping and wildlife watching.

With a friendly community vibe, local shops, and cozy eateries, Bailey is not just a place to live; it’s a place to thrive. Explore the charm of Bailey, CO, and discover your dream home in this beautiful mountain town. Embrace the lifestyle you’ve always wanted, all while enjoying the affordability of homes in this enchanting area.

Newest 80421 Homes under $400,000

$375,000

3 Beds ⋅ 2 Baths ⋅ 9372010 MLS

Set among the pines on a flat useable lot, this handyman special offers exciting potential for a buyer ready to bring fresh ideas and a little elbow grease. Sunlight fills the spacious, open great room, where the kitchen, dining area, and living space flow together for easy everyday living. Large windows frame the wooded surroundings, while two freestanding stoves add warmth and mountain character. The main level includes three bedrooms, two full bathrooms, and convenient laundry hookups. An unfinished walkout basement provides substantial additional space and is already roughed in for a bathroom, creating possibilities for a workshop, recreation area, storage, or future finished living space. Outside, the naturally wooded 1.07 acre setting feels peaceful and private, with mountain vistas stretching beyond the surrounding hills. An attached two car garage, additional off street parking, storage sheds, natural gas, and high speed internet add practical appeal. Building materials currently at the property are included, giving the next owner a head start on improvements. This property is being sold as is and presents an opportunity to create a personalized mountain retreat while building equity along the way.

1365 Burland Dr, Bailey

Courtesy of RE/MAX Alliance . Admin@peacefulcoloradohomes.com,720-441-2544

$350,000

2 Beds ⋅ 2 Baths ⋅ 4110286 MLS

Easy Mountain Living with Views from Every Window! Experience the best of mountain living without the hassle of mountain maintenance. Whether you’re looking for a full-time residence, a snowbird getaway, or a Short-Term Rental opportunity, this well-maintained, move-in-ready home offers comfort, convenience, and plenty of mountain charm. Enjoy 2 bedrooms, 2 bathrooms, vaulted ceilings, large closets, laundry in-unit, cozy gas fireplace, and an attached 2-car garage—plus views from every window that remind you why you came to the mountains in the first place. Enjoy the convenience of walking to the local brewery, award-winning winery, or one of many shops and restaurants—a truly unique perk in the mountains! The home also has city water and sewer, so there’s no well or septic system to maintain. And the HOA covers the exterior building and roof maintenance, making it easy to spend more time enjoying your surroundings and less time worrying about upkeep. Staying connected is easy, too. Starlink high-speed internet is available and delivers dependable connectivity at speeds of 200+ Mbps for working from home, streaming, or simply staying in touch. Comfortable. Convenient. Low-maintenance. Move-in ready. And surrounded by mountain views. This is mountain living made easy. Please see Supplements for additional amenities. Measurements are approximate.

305 Virginia Rd Unit B, Bailey

Courtesy of Keller Williams DTC . Rhonda@RhondaMaki.com

$400,000

2 Beds ⋅ 1 Baths ⋅ 4412263 MLS

Ready to leaf peep in your backyard this fall? Discover 220 Burland Drive, the best of mountain living in this beautifully updated cabin, perfectly positioned near trails and just minutes from Hwy 285. Inside, the thoughtfully remodeled kitchen creates a warm, inviting gathering space, while numerous major updates provide peace of mind, including a new electrical breaker panel, updated septic system and updated electric hot water heater. The paid-for, owned solar panels adds even more value, helping offset your electric bill. 2 comfortably sized bedrooms and 1 full bathroom complete the first floor; while there is ample storage and laundry on the lower level cellar. Outside, enjoy the convenience of a paved asphalt driveway and easy access to the great outdoors. Hike directly from the neighborhood to Mt. Bailey, explore nearby mountain trails, or sit back and watch the stars in your hot tub located on the private deck. Don't want to hire movers or buy furniture? Great. This home comes completely furnished if so desired. With .61 acres of flat USABLE land, fencing, county maintained road and high speed fiber internet, this gem is ready for you. Hop on Hwy 285 for an easy trip to Bailey’s shops, restaurants, breweries and award-winning winery—or continue toward Denver for work, entertainment and travel. Welcome home!

220 Burland Dr, Bailey

Courtesy of Coldwell Banker Realty 28 .

$175,000

1 Beds ⋅ 1 Baths ⋅ 2090351 MLS

Just think about the possibilities! This unique home comes with a TON of potential! The 0.22-acre lot is just the right size for this Harris Park getaway, perfect for weekends, full-time or part-time use. Built in 1917, the 1-bedroom cabin offers peace and solitude, lots of aspen and pine, plus the charm and appeal of a simpler way of life. Inside, you'll find a family room with a wood stove for those chilly Fall evenings, knotty pine walls, a loft above for added space and a large, unfinished basement. There are great views with a southern exposure, plus a large deck to enjoy it all. A new roof and level lot add to the utility of the property, which includes two additional sheds. Explore all that Harris Park has to offer or just treat yourself to some well-deserved quiet time! Please note that the well is unregistered. Check out the pictures and call TODAY for your personal showing! Visit http://www.harrisparkmetrodistrict.com for Harris Park neighborhood details, including fishing ponds, a horse corral, and family and community activities. Listing information is deemed reliable but not guaranteed. Buyer and Buyer's Agent to confirm ALL listing details, including special taxing district.

2275 Shelton Dr, Bailey

Courtesy of Choice Property Brokers LTD . davepetersmith@gmail.com,303-478-3446

$232,400

2 Beds ⋅ 1 Baths ⋅ 6007724 MLS

Your cozy mountain retreat awaits! Tucked away on over an acre of private land, this 2-bedroom cabin is a peaceful escape defined by stunning views and quiet nights. Whether you’re cozying up by the woodstove as the leaves fall or roasting s’mores under a brilliant skyscape at the outdoor firepit, this is the lifestyle you’ve been looking for. It’s the perfect basecamp for adventure—just down the road from the popular Slaughterhouse trailhead and minutes from world-class hiking, fishing, and 4x4 trails. Enjoy a seamless commute to Denver. No HOA. Newer well pump installed. Highly productive water well with extensive mountain recharge. Proven resilient to recent drought conditions. No financing, cash-only.

125 Rd P62, Bailey

Courtesy of The Golden Group . brianq@goldengrouprealestate.com,720-441-3510

$350,000

1 Beds ⋅ 1 Baths ⋅ 4579785 MLS

Rare opportunity to own two neighboring mountain homes that share a property line! Opportunities like this don't come around often. Purchase this home on its own, or purchase it together with neighboring 247 Bunny Road to create a unique multigenerational living setup, family compound, or the flexibility to live in one home while potentially renting the other. Escape to the mountains and enjoy beautiful Colorado views from this peaceful Bailey retreat. The spacious deck is the perfect place to take in the scenery, enjoy morning coffee, watch the sunset, or simply relax surrounded by nature. Birdwatchers will love the abundance of birds that frequent the property, along with deer and other local wildlife that make this setting feel like a true mountain escape. This property also has a successful history as a seasonal short-term rental, generating over $10,000 per year in rental income, per seller. Whether you're looking for a full-time mountain home, weekend getaway, investment opportunity, or the flexibility of owning two neighboring properties, this is a rare opportunity to create the Colorado lifestyle that works for you. Buyer to independently verify short-term rental requirements, regulations, income potential, and availability of the neighboring property.

221 Juniper Ln, Bailey

Courtesy of LIV Sotheby's International Realty . Kim@kimdavishomes.net,303-882-0888

$375,000

2 Beds ⋅ 1 Baths ⋅ 7252304 MLS

A rare opportunity to become only the second owner of this beloved Roland Valley cabin, cherished by the same family since 1977. Set on a level lot with sweeping 360° mountain views, this mountain retreat offers the convenience of main-floor living with a functional layout that flows comfortably between the living room, kitchen, bedroom, and bath. Ready for its next chapter, the home offers tremendous potential for a buyer with vision. The unfinished walk-out basement provides an opportunity to expand the living space, create a workshop, hobby area, or simply enjoy abundant storage. With thoughtful updates and personal touches, this property could truly shine. Recent improvements include a new water heater, kitchen sink, and faucets. Existing appliances are included, though buyers should anticipate future updates. The level driveway makes year-round access easy, allowing for simple winter arrivals and departures even when mountain weather moves in. Whether you're seeking an affordable mountain getaway, a full-time residence, or a rewarding project with upside potential, this charming cabin offers a wonderful opportunity to make it your own. Septic system is approved for 2 bedrooms/4 people.

1899 Roland Dr, Bailey

Courtesy of Keller Williams Foothills Realty . karen.heydman@gmail.com,303-929-6147

$360,000

3 Beds ⋅ 2 Baths ⋅ 4241276 MLS

INVESTOR SPECIAL!!! 949 S Pine is a charming 3-bedroom, 2-bath home situated on 1.4 acres with endless potential. While the property has experienced water damage and is being sold 100% AS-IS, the separate access to the lower level opens the door to many possibilities — multigenerational living, rental income potential, guest quarters, or flexible living space. With room to roam, expand, garden, or simply enjoy the peaceful setting, this property is ready for someone with vision to restore and make it their own. Imagine the upside!

949 S Pine Dr, Bailey

Courtesy of eXp Realty, LLC . triciastefaniak@gmail.com,303-862-1288

$229,000

1 Baths ⋅ 9033838 MLS

***Huge price reduction! Seller wants it sold. *** This is Colorado at its best! Great very private cabin. Yet just minutes from rustic downtown Bailey. There you can enjoy all the amenities that Bailey has to offer. You can walk to the local hardware store, yummy breakfasts and dinners, a gas station, the unique Sasquatch shop and so much more. There are endless hiking trails, camping, rivers, streams and lakes nearby for fishing, kayaking or whatever your imagination can come up with. The Breckenridge ski area is within an hour’s drive. This cabin sits just over an acre with great Mountain views. Enjoy the fantastic views from the huge wraparound deck. Entertain your friends with a BBQ on the deck, roast your marshmallows in the fire pit or stay cozy inside. In the tricked-out outhouse is an incinerator toilet and an open shower set up in the 2nd shed. This unique getaway has unlimited potential from being hooked up to public water/sewer, or you may expand the cabin with bedrooms and bathrooms to make it a permanent residence or may be turned into an Airbnb/STR. The homeowner recently completed a full well restoration, including a new well pump and a new water line brought into the crawlspace for convenient future plumbing access. The property also has the option to connect to the Bailey Sanitation District for water and sewer services. Adding a private septic tank and leach field also appears feasible if a buyer chooses to pursue that route. The seller has detailed notes and receipts showing well over $60,000 invested in thoughtful improvements, creating a warm, updated, and truly inviting mountain retreat with excellent potential for future expansion.

307 Virginia Rd, Bailey

Courtesy of Swan Realty Corp . walter@corockiesrealtor.com,720-300-8071

$400,000

3 Beds ⋅ 2 Baths ⋅ 4291842 MLS

Stop renting. Start living. If you’ve been watching Denver prices climb while dreaming about space, nature, and a better pace of life—this is your opportunity to make the move without stretching your budget. Welcome to your low-maintenance mountain home in Bailey, where you can enjoy everything Colorado is known for—without the upkeep, hassle, or price tag of a traditional cabin. Wake up to mountain views, grab coffee just minutes away in downtown Bailey, and spend your weekends hiking, fishing, or simply unwinding in the quiet of the foothills. Then, log on and work from home with the kind of peace you can’t find in the city. Inside, this 3-bedroom, 2-bath home offers: Vaulted ceilings and wood beams for a true Colorado feel Abundant natural light and an open, inviting layout A flexible third bedroom perfect for a home office or remote workspace Recent upgrades including new windows, furnace, and fresh paint Outside, enjoy a private deck with mountain and valley views—your daily reminder of why you made the move. And unlike most mountain properties, this home offers lock-and-leave convenience: HOA covers exterior maintenance, snow removal, and more No acreage to maintain No overwhelming upkeep Just simple, easy ownership. Located with quick access to Highway 285, you’re still within reach of Denver—while living a completely different lifestyle. Some photos have been virtually staged.

5720 County Road 64, Unit A202, Bailey

Courtesy of Swan Realty Corp . patty@pattysellscolorado.com,303-944-6259

$295,000

3 Beds ⋅ 1 Baths ⋅ 3865507 MLS

There’s so much potential in this LOST ACRES house, and plenty of OPPORTUNITY! Located close to Wellington Lake and the Platte River, there's always a wide variety of outdoor activities to enjoy. The area is also home to all types of wildlife, and you'll find plenty of peace and solitude in every direction!! Situated on a large 2-acre lot, the ranch-style home makes everyday access very easy, and the log construction is rustic yet charming. The well-treed lot is gently sloped for greater utility. As you enter the home, a large but cozy family room awaits, with a pellet stove and slate backdrop that creates a focal point for the room. With 1,724 square feet there’s PLENTY of living space and room for entertaining. Think about the possibilities as you view the pictures, then call TODAY for your personal showing! Please note: GPS in this area is not always consistent, so check your directions before you begin your trip.

200 Rd P37, Bailey

Courtesy of Choice Property Brokers LTD . davepetersmith@gmail.com,303-478-3446

$310,000

2 Beds ⋅ 1 Baths ⋅ 1683013 MLS

Quiet and quaint home in Harris Park. Whether you are looking for a peaceful mountain getaway or a full time residence this is a perfect place. 2 Bedroom, 1 Full Bath; One level living Ranch style home with NEW Carpet and updated kitchen. Large beautiful level lot with easy access and off street parking. Recently installed a furnace so no need to worry about cooler temperatures or winter weather. Wood burning stove in the living area and electric baseboard heat in bedrooms and dining room also. Stays cool enough during the summer where A/C is not needed. One small pond and 2 larger reservoirs are yours to fish for only $50 per year which is also the optional HOA fee. Property extends street to street and offers two storage sheds for all your outdoor gear and tools. National forest access is just a short ways away with camping, hiking and all the beauty of Colorado's mountains. Plenty of room to park vehicles in the driveway with one space near the deck to the front door and 3-4 spaces on the upper driveway with access to the living room through sliding glass door. Washer and dryer are included. Plenty of additional storage in the basement. Home is also available for rent ($2,000/month)

126 Sullivan St, Bailey

Courtesy of Keller Williams Foothills Realty . mountainrealtyaafke@gmail.com,720-815-6264

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