121 Iris Drive, Bailey, CO 80421
FOR SALE
0.69 ACRES

121 Iris Drive
Bailey, CO 80421

  • 4 Beds
  • 2 Baths
  • 2,386 sqft (on 0.69 acres)

$625,000

Original price: $635,000
Est. Mortgage $3,337/mo*
Get Pre-Qualified

$625,000

Original price: $635,000
Est. Mortgage $3,337/mo*
Get Pre-Qualified
4 Beds
2 Baths
2,386 sqft
(on 0.69 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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.

Home Highlights

Parking
4 Parking Spaces
Outdoor
Patio, Deck
A/C
Heating only
HOA
None
Price/Sqft
$262
Listed
26 days ago

Home Details for 121 Iris Drive

Interior Features

Interior Details
Basement: Exterior Entry,Finished,Walk-Out AccessNumber of Rooms: 13Types of Rooms: Bedroom, Bathroom, Bonus Room, Dining Room, Family Room, Kitchen, Laundry, Living Room, Utility Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2386 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Phone AvailableAppliances: Dryer, Oven, Refrigerator, WasherDryerRefrigeratorWasher
Heating & Cooling
Heating: Baseboard,Natural Gas,Pellet StoveNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Baseboard
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Pellet StoveHas a Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Skylight(s)Flooring: Tile, Vinyl, Wood
Levels, Entrance, & Accessibility
Levels: Multi/SplitFloors: Tile, Vinyl, Wood
View
No View

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Deck, PatioExterior: BalconyFoundation: Slab
Parking & Garage
Other Parking: Off Street Spaces: 4No Attached GarageParking Spaces: 4
Frontage
Responsible for Road Maintenance: Public Maintained RoadRoad Surface Type: DirtNot on Waterfront
Finished Area
Finished Area (above surface): 1274 Square FeetFinished Area (below surface): 1112 Square Feet

Days on Market

Days on Market: 26

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Mountain Contemporary
Building
Construction Materials: Frame, Wood SidingNot Attached PropertyDoes Not Include Home Warranty
Property Information
Condition: Updated/RemodeledNot Included in Sale: Personal PropertyParcel Number: 18098

Price & Status

Price
List Price: $625,000Price Per Sqft: $262
Status Change & Dates
Possession Timing: Close Plus 5 to 30 Days, See Remarks

Active Status

MLS Status: Active

Location

Direction & Address
City: BaileyCommunity: Friendship Ranch
School Information
Elementary School: FitzsimmonsElementary School District: Platte Canyon RE-1Jr High / Middle School: Platte CanyonJr High / Middle School District: Platte Canyon RE-1High School: Platte CanyonHigh School District: Platte Canyon RE-1

Agent Information

Listing Agent
Listing ID: 8629738

Building

Building Area
Building Area: 2386 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.69 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Mobile R/V

Mobile Home Park
Mobile Home Units: Feet

Business

Business Information
Ownership: Individual

Miscellaneous

BasementMls Number: 8629738Attribution Contact: alex.huber@exprealty.com, 720-707-9215Above Grade Unfinished Area: 1274Showing Service Name: Showing Time
Last check for updates: about 8 hours ago
Listing courtesy of Alex Huber, (720) 707-9215
eXp Realty, LLC
Chase Krause, (720) 724-3810
eXp Realty, LLC
Source: REcolorado as distributed by MLS GRID, MLS#8629738
Also Listed on REcolorado as distributed by MLS GRID, eXp Realty, eXp Realty.

Price History for 121 Iris Drive

DatePriceEventSource
05/03/2026$625,000PriceChange
eXp Realty #8629738
04/30/2026$635,000PendingToActiveREcolorado as distributed by MLS GRID #8629738
04/18/2026$635,000PendingeXp Realty #8629738
04/18/2026$635,000ContingenteXp Realty #8629738
04/11/2026$635,000Listed For SaleREcolorado as distributed by MLS GRID #8629738
07/05/2022$505,000Sold
N/A

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Property Tax and Assessment

Year2025
Tax$1,988
Assessment$502,418
Home facts updated by county records

Comparable Sales for 121 Iris Drive

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
518 Pine Drive, Bailey, CO
0.12
Single-Family Home
$585,000
08/13/25
4
3
2,240
68 Aspen Drive, Bailey, CO
0.28
Single-Family Home
$710,000
03/12/26
3
2
2,270
690 S Pine Drive Drive, Bailey, CO
0.45
Single-Family Home
$495,000
10/10/25
4
2
1,792
32 Aspen Drive, Bailey, CO
0.32
Single-Family Home
$635,800
01/08/26
3
2
2,384
689 S Pine Drive, Bailey, CO
0.46
Single-Family Home
$555,000
11/07/25
3
2
2,416
616 S Pine Drive, Bailey, CO
0.35
Single-Family Home
$560,000
10/03/25
3
3
1,996
1154 N Pine Drive, Bailey, CO
0.15
Single-Family Home
$440,000
06/06/25
2
1
1,001
604 N Pine Drive, Bailey, CO
0.40
Single-Family Home
$450,000
01/09/26
3
2
1,152

Assigned Schools

These are the assigned schools for 121 Iris Drive.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Bailey

At least 24 Trulia users voted on each feature.

  • 100 % Say there's wildlife

  • 94 % Say car is needed

  • 94 % Say parking is easy

  • 83 % Say it's dog friendly

  • 79 % Say it's quiet

  • 77 % Say there's holiday spirit

  • 67 % Say neighbors are friendly

  • 65 % Say yards are well-kept

  • 63 % Say they plan to stay for at least 5 years

  • 59 % Say kids play outside

  • 42 % Say people would walk alone at night

  • 34 % Say there are community events

Learn more about our methodology.
  • Jesstwyford
    "It’s not too bad. Summer Fridays is usually pretty busy going up the hill with all the campers and Sunday mornings is crazy with campers heading home. "
    0
    Flag
  • Jim.tyler2009
    "Dog owners should love this area. So many hiking areas. Lots of dogs. Parks recreation areas and dog friendly people. The wildlife can be of serious concern to dog owners so it’s a place to be on constant guard of your pets. Mountain Lions, Bear and coyote have all been seen in the area. There does not seem to be any cats here. Just dogs. Probably best that small dogs be watched at a high level. "
    1
    Flag
  • Elk.martin
    "this is a great place to live. the people are very friendly and there is abundant wildlife in the area."
    0
    Flag
  • Decker903
    "Wildlife, and calmness of the mountains mixed with the feeling is a close nit community. There is a learning curve for people coming from a city atmosphere."
    0
    Flag
  • Nick W.
    "A mountain town if there ever was one! Gorgeous place to live, just be ready to commute for most things. Definitely need a car that handles well in the snow."
    4
    Flag
  • Susan B.
    "absolutely gorgeous mountain living with wildlife on properties only 35 minutes from Denver"
    0
    Flag
  • jtdayusa
    "Incredible views with a sky full of stars at night. Great energy here."
    0
    Flag
  • sam s.
    "Great area for work at home people, also a opportunity for mechanic, cabinet maker or any one who wants privacy and a bif insulated shop to make a living and only have a 100 ft commute. The roads are maintained all year so when you do need to get into town there is no problems. If you are into hiking, biking, wildlife or just peace and quiet all you have to do is walk out your front door. the community has three stocked fishing lakes and a community center with a park for the little ones. "
    0
    Flag

LGBTQ Local Legal Protections

Alex Huber, eXp Realty, LLC
Agent Phone: (720) 707-9215
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. Some IDX listings have been excluded from this website. Click here for more information
121 Iris Drive, Bailey, CO 80421 is a 4 bedroom, 2 bathroom, 2,386 sqft single-family home built in 1985. This property is currently available for sale and was listed by REcolorado as distributed by MLS GRID on Apr 11, 2026. The MLS # for this home is MLS# 8629738.