$699,500

Mountain living meets incredible opportunity on this gorgeous 1.95-acre lot in beautiful Bailey, Colorado! Enjoy the privacy, space, and scenic surroundings while still being an easy drive to the Denver metro area. Whether you're dreaming of expanding the home, exploring the potential for an ADU (subject to county approval), or simply enjoying your own private mountain retreat, this property offers endless possibilities.One unique feature of this home is its setting on a hillside. The front door you see from the exterior is actually the "basement" entrance, but the lower level lives much more like a second main floor than a traditional basement. Much of the home's approximately 2,080 square feet is above ground due to the home's position on the hill, so the square footage may read differently than you might expect from a typical two-story or basement home. The lower level also has its own exterior entrance, adding flexibility and functionality.The layout has previously functioned almost as two separate living spaces, creating excellent potential for multigenerational living, guest quarters, or rental income opportunities (subject to local regulations).With access to hiking, fishing, Pike National Forest, and countless outdoor adventures just minutes away, you'll love everything Bailey has to offer. This wonderful home has great bones and is ready for your personal touch. Bring your vision, add a little TLC and updating, and create the mountain home you've always wanted.