Recently Listed Open House 4/19 12pm - 2pm
121 Iris Drive
Bailey, CO, 80421 $ 635,000
Bedrooms4 Baths2.0 Sq 2,386 Monthly Estimate*
$ 3,910
Listed by eXp Realty, LLC
for $635,000 with 4 bedrooms and 2 full baths. This 2,386 square foot home was built in 1985 on a lot size of 0.69.
Welcome to 121 Iris Drive, a home where pride of ownership is evident in every detail. Thoughtfully remodeled throughout, including the kitchen, bathrooms, and a fully finished walkout basement, this multi-level mountain home offers over 2,300 square feet of living space, full of charm, natural light, and modern comfort. The kitchen features granite countertops, new appliances, updated fixtures, and a custom pantry. The open-concept main level connects kitchen, living, and outdoor spaces for practical, versatile living. Both bathrooms have been tastefully updated with fresh finishes, flooring, new fixtures, and thoughtful details. New carpet, paint, lighting, and hardware throughout the home tie it all together with a clean, cohesive feel. The finished walkout basement adds flexible space for an additional living area, home office, or guest suite, complete with its own pellet stove for cozy winter nights. A second pellet stove warms the main level, offering both charm and efficient comfort. There's also plenty of room for storage or a workshop. Outside, the .685-acre lot is both usable and inviting with a widened gravel driveway, landscaped yard, fire pit area, and a 12x16 shed for gear or storage. A wood deck and lower concrete patio expand your outdoor living options, while recent fire mitigation work brings peace of mind. You will also find a new well pump and whole-house water filtration system. Located in the sought-after Friendship Ranch community, just minutes from Hwy 285, this home offers a balanced blend of quality, comfort, and mountain ease. It’s ready for its next owner.
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Open House
4/19/2026 12:00 PM - 2:00 PM
121 Iris Drive Bailey, CO
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesInteriorInterior Amenities Built-in Features Ceiling Fan(s) Eat-in Kitchen High Ceilings Pantry Vaulted Ceiling(s)
Basement Exterior Entry Finished Walk-Out Access
Flooring Tile Vinyl Wood
Total Fireplaces 2
Fireplace Features Pellet Stove
Basement (Y/N) Y
Window Features Skylight(s)
Above Grade Finished Area 1274
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 4
Below Grade Finished Area 1112
Main Level Bedrooms 0
Main Level Bathrooms 0
Total Baths 2
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GeneralSewer Septic Tank
Heating Baseboard Natural Gas Pellet Stove
Cooling None
Utilities Electricity Connected Natural Gas Connected Phone Available
Possession Close Plus 5 to 30 Days See Remarks
Roof Composition
Appliances Dryer Oven Refrigerator Washer
Garage Spaces 0
Patio/Porch Features Deck Patio
Architectural Style Mountain Contemporary
Construction Materials Frame Wood Siding
Exclusions personal property
Year Built 1985
Levels Multi/Split
Property Subtype Single Family Residence
Tax Year 2024
Ownership Individual
County Park
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Friendship Ranch
Full Baths 2
Status Active
Directions GPS
High School Platte Canyon
City Bailey
Senior Community Y/N N
High School District Platte Canyon RE-1
Lot Size Units Square Feet
Lot Size Square Feet 29839
Carport Spaces 0
Listing Terms Cash Conventional FHA VA Loan
Elementary School Fitzsimmons
Tax Annual Amount 1988
Home Warranty Y/N N
Middle/Junior High School Platte Canyon
Property Condition Updated/Remodeled
Structure Type House
Standard Status Active
Occupancy Type Owner
Middle/Junior School District Platte Canyon RE-1
Elementary School District Platte Canyon RE-1
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ExteriorExterior Amenities Balcony
Lot Features Foothills Many Trees Secluded
Water Source Well
Total Parking 4
Lot Size Area 29839
Foundation Details Slab
Building Area Total 2386
Lot Size Acres 0.69
Road Surface Type Dirt
Road Responsibility Public Maintained Road
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $3,910
- Monthly Property Taxes
- $166
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Bailey, CO
Average List Price $644,668
Percent of Sale Price 2%
About Bailey, CO 9,095 Population
13% Since 2002
$ 67,702 Median Income
49.43 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
5390046 Elementary School
5390047 Middle School
Platte Canyon High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/11/2026 | $635,000 | | Listed Price |