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177 Gray St

Bailey, CO 80421

2 beds
1 bath
1,126 sqft
~1/2 acre lot
$373 per sqft
1972 build
– on site

NEW LOWER PRICE! Motivated Seller! Welcome to this thoughtfully upgraded MOVE IN READY property, offering a seamless blend of modern convenience and rustic charm. Recent enhancements include a brand-new 95% AFUE high-efficiency propane furnace with updated venting, gas line, and a propane water heater that features a no-blow-out pilot for reliability. Electrical updates abound, with all systems brought up to code, a sub-panel replacement with spare circuits, new plugs, light fixtures, and a three-way switch in the hall. Outdoor upgrades include lighting and power for heat tape on the roof and plumbing, ensuring year-round functionality. The home boasts a newer roof, new insulated windows, fresh gutters, and extensive insulation updates in the ceiling and beneath the house, supported by all-new wood framing. A newly surveyed lot showcases a refined driveway with fresh dirt work, complemented by grass seed awaiting the coming season. Inside, enjoy durable wood-look plank flooring, clean bedroom carpets, and a thermostatically controlled electric fireplace. The kitchen shines with a three-year-old propane cook stove and refrigerator featuring an oversized freezer. The 3rd bedroom is non-conforming without a closet but would make a great office or simply add an armoire for clothes. Relax outdoors in the gazebo with wind-resistant curtains on the spacious back deck or unwind on the front deck. This home is a testament to quality and care, awaiting its new owner. Enjoy the mountain air on one of the large decks or hike to the Natural Forest only a mile away. The community has three private ponds stocked with fish, a community center, shooting range, and a grocery store nearby. Septic inspection and pumping completed!

Listing courtesy of IRES

Last checked: Checking… • Last updated Apr 24, 2025 •

MLS# 5987867 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1972
New Construction:

false
Construction Materials:

Wood/Frame
Architectural Style:

Chalet
Total SqFt:

1,126 Sqft
Building Area Total:

1126
Roof:

Composition
Foundation Details:

Slab
Levels:

One
Basement:

Crawl Space
Stories:

1
Direction Faces:

East
Patio And Porch Features:

Patio
Accessibility Features:

No Stairs
Above Grade Finished Area:

1126

Interior

Interior Features:

Open Floorplan
Living Room Level:

Main
Kitchen Level:

Main

Room Dimensions

Living Area:

1126
Living Area Units:

Square Feet
Living Area Source:

Assessor

Financial & Terms

Listing Terms:

Cash

Location

Directions:

From 285, turn onto Co Rd 43A which turns slightly right and becomes Deer Creek Rd/Dellwood Dr. Turn right onto P 69 Rd then right onto Shelton Dr and another right onto Neal Rd. Then a left onto Gray St and the house will be on the left. Enter on the top of the property for more parking.
Coordinates:

-105.49823, 39.513241
Latitude:

39.513241
Longitude:

-105.49823

The Property

Property Type:

Residential
Property Subtype:

Residential-Detached
Lot Features:

Wooded
Lot Size Acres:

0.57
Lot Size SqFt:

24,829 Sqft
Lot Size Area:

24829
Lot Size Units:

Square Feet
Zoning:

Residential
View:

Mountain(s)
Possible Use:

Commercial
Exclusions:

Seller's personal property, catio on front deck. Starlink.
Horse:

false
Waterfront:

false
Road Surface Type:

Dirt
Has Water Rights:

No
Well Information:

Type: Operational,Private Usage: Household Insi...

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$1,402

Beds

Bedrooms Total:

2
Bedroom 2 Level:

Main
Master Bedroom Level:

Main

Baths

Total Baths:

1
Full Baths:

1

The Listing

Special Listing Conditions:

Private Owner

Heating & Cooling

Heating:

Forced Air
Heating:

true

Utilities

Utilities:

Electricity Available
Electric:

Electric
Sewer:

Septic
Water Source:

Well

Appliances

Appliances:

Refrigerator

Schools

Elementary School:

Edith Teter
Middle School:

South Park
High School:

South Park
High School District:

Park County RE-2

The Community

Association:

false
Subdivision Name:

Harris Park
Spa:

false
Senior Community:

false

Parking

Garage Spaces:

6
Garage:

true
Garage Type:

Off Street
Attached Garage:

false
Covered Spaces:

6

Monthly cost estimate

Asking price

$420,000

Expense	Monthly cost
Mortgage	$2,248
Taxes	$116
Insurance	$115
Utilities	$128 See report
Total	$2,607/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/24/25 Apr 24, 2025	Price Changed	IRES	$420,000	-0.5%
4/9/25 Apr 9, 2025	Price Changed	IRES	$422,000	-3.7%
3/2/25 Mar 2, 2025	Price Changed	IRES	$438,177	-0.2%

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This house located in CO 80421 is currently for sale for $420,000. 177 Gray St is a 1,126 square foot house with 2 beds and 1 bath that has been on Estately for 117 days.

Listing Courtesy of: IRES

TERMS OF USE: listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed by the MLS