142 Summit Way
Bailey, CO 80421
- 3 Beds
- 2 Baths
- 2,024 sqft (on 0.80 acres)
3 Beds
2 Baths
2,024 sqft
(on 0.80 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1994
Lot Size
0.8 acres
Living Area
2,024 sqft
Price/Sqft
$290
Parking
Garage
HOA
$8/Monthly
About this House
Perched amid the natural splendor of Elk Creek Meadows in Bailey, CO (45 miles southwest of Denver), this unique mountain retreat offers panoramic views of the Rocky Mountains, frequent wildlife sightings, and a peaceful place to call home. Crafted with classic D-log construction and wrapped in timeless wood paneling and large floor-to-ceiling windows, this home exudes rustic charm with modern comforts and upgraded features throughout. The spacious living room is anchored by a cozy fireplace, while vaulted ceilings, skylights, and a large bay window that illuminates the kitchen and dining area. Around the corner, a large primary suite with an upgraded en-suite bath is located. The fully finished, walk-out basement with newer premium carpet and padding offers ample space, privacy, and flexibility via two additional bedrooms, a full bathroom, and a secondary living area with a wood-burning stove and office nook. Additional amenities include a paved driveway, RV or boat parking, a shed, a detached two-car garage, and two additional parking spaces near the house. The expansive updated wraparound Timber-Tech deck invites year-round enjoyment of the stunning vistas while the patio below offers star gazing and stories around the gas fire pit. The well-maintained grounds are shaded by mature trees, surrounded by majestic skylines, and close to nature hikes, four-wheeling trails, 14ers, and more. This property is the perfect blend of tranquility, serenity, and functionality and is situated just moments from Bailey’s local amenities.
142 Summit Way, Bailey, CO 80421 is a 3 bedroom, 2 bathroom, 2,024 sqft single-family home built in 1994. It last sold for $614,000 on Sep 19, 2025 (2% below the $624,999 asking price). It is currently off market. The Trulia Estimate is $586,600, with a rent estimate of $2,881/month.
Home Details for 142 Summit Way
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Interior Details Basement: Finished,Full,Walk-Out AccessNumber of Rooms: 11Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Bathroom, Dining Room, Family Room, Kitchen, Laundry, Living Room, Utility Room |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 2024 Square Feet |
Appliances & Utilities Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone AvailableAppliances: Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Microwave, Oven, Refrigerator, Self Cleaning Oven, WasherDishwasherDisposalDryerLaundry: In UnitMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Natural GasNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Basement, Family Room, Wood Burning, Wood Burning StoveHas a Fireplace |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Window: Bay Window(s), Double Pane Windows, Window CoveringsFlooring: Carpet, Tile, Wood |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Carpet, Tile, Wood |
View Has a ViewView: Mountain(s) |
Security Security: Carbon Monoxide Detector(s), Smoke Detector(s), Water Leak/Flood Alarm |
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Exterior Home Features Roof: CompositionPatio / Porch: Covered, Deck, Front Porch, Patio, Wrap AroundExterior: Balcony, Fire Pit, Private YardFoundation: Raised, Slab |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: RV Spaces: 3No CarportHas a GarageNo Attached GarageParking Spaces: 5Parking: Asphalt |
Frontage Road Frontage: PublicResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront |
Finished Area Finished Area (above surface): 1012 Square FeetFinished Area (below surface): 892 Square Feet |
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Year Built Year Built: 1994 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Mountain Contemporary |
Building Construction Materials: LogNot Attached Property |
Property Information Condition: Updated/RemodeledNot Included in Sale: Seller's Personal Property And/Or Staging Items.Parcel Number: 18299 |
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Price List Price: $624,999 |
Status Change & Dates Off Market Date: Tue Aug 05 2025Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: BaileyCommunity: Elk Creek Meadows |
School Information Elementary School: Deer CreekElementary School District: Platte Canyon RE-1Jr High / Middle School: FitzsimmonsJr High / Middle School District: Platte Canyon RE-1High School: Platte CanyonHigh School District: Platte Canyon RE-1 |
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Building Area Building Area: 2024 Square Feet |
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Not Senior Community |
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HOA Name: Elk creek highlands property owners associationHas an HOAHOA Fee: $100/Annually |
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Lot Area: 0.80 acres |
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Special Conditions: Standard |
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Contingencies: None KnownListing Terms: 1031 Exchange, Cash, Conventional, Other, VA Loan |
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Mobile Home Park Mobile Home Units: Feet |
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Business Information Ownership: Corporation/Trust |
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BasementMls Number: 7152100Attribution Contact: christian@Milehimodern.com, 303-881-9960Above Grade Unfinished Area: 1012Below Grade Unfinished Area: 120Showing Service Name: Showing Time |
Last check for updates: about 4 hours ago
Listed by Christian Mulhern, (303) 881-9960
Milehimodern
Bought with: Kellie Craig, (303) 817-4445, Realty One Group Five Star
Source: REcolorado as distributed by MLS GRID, MLS#7152100

Price History for 142 Summit Way
| Date | Price | Event | Source |
|---|---|---|---|
| 09/19/2025 | $614,000 | Sold | REcolorado as distributed by MLS GRID #7152100 |
| 08/05/2025 | $624,999 | Pending | REcolorado as distributed by MLS GRID #7152100 |
| 07/10/2025 | $624,999 | Listed For Sale | REcolorado as distributed by MLS GRID #7152100 |
| 04/12/2010 | $245,000 | Sold | N/A |
| 03/06/2010 | $249,500 | Listed For Sale | Agent Provided |
| 10/16/2008 | $314,900 | ListingRemoved | Agent Provided |
| 09/28/2008 | $314,900 | Listed For Sale | Agent Provided |
| 08/23/2008 | $314,900 | ListingRemoved | Agent Provided |
| 06/24/2008 | $314,900 | Listed For Sale | Agent Provided |
Market trends in Bailey
Last updated June 2026
Avg. sale price
$560K
Sale-to-List Price
—
Price per sq ft
$287
Available listings
116
16MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,241 |
| Assessment | $576,986 |
Home facts updated by county records
Comparable Sales for 142 Summit Way
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.25 | Single-Family Home | $624,750 | 07/17/26 | 3 | 2 | 2,296 | |
0.07 | Single-Family Home | $735,000 | 08/11/25 | 3 | 3 | 2,326 | |
0.40 | Single-Family Home | $675,000 | 10/29/25 | 3 | 2 | 1,998 | |
0.53 | Single-Family Home | $549,000 | 07/31/26 | 3 | 2 | 1,695 | |
0.54 | Single-Family Home | $496,000 | 05/01/26 | 3 | 2 | 1,737 | |
0.20 | Single-Family Home | $530,000 | 03/27/26 | 2 | 1 | 1,050 | |
0.68 | Single-Family Home | $625,000 | 06/08/26 | 3 | 2 | 1,642 | |
0.49 | Single-Family Home | $515,000 | 03/02/26 | 3 | 2.5 | 1,644 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 142 Summit Way.
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
Sourced by Trulia users. Learn more about our methodology.
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