197 Summit Way, Bailey, CO 80421
OFF MARKET

197 Summit Way
Bailey, CO 80421

  • 1 Bed
  • 1 Bath
  • 850 sqft (on 0.90 acres)

$374,900

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $2,106/mo*

$374,900

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $2,106/mo*
1 Bed
1 Bath
850 sqft
(on 0.90 acres)

Home Value

Trulia Estimate
$375K
Since last month
Decreased$8K (-2%)
Since last year
Decreased$24K (-5.9%)
Since last sale
Increased$227K (+153.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +116% in the last 10 years
MonthEstimated value
2026
August 2026$375K
July 2026$379K
June 2026$383K
May 2026$385K
April 2026$382K
March 2026$376K
February 2026$372K
January 2026$365K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.17
Single-Family Home
$170,000
05/27/26
1
0.5
780
0.09
Single-Family Home
$420,000
07/16/26
2
1
660
0.13
Single-Family Home
$530,000
03/27/26
2
1
1,050
0.26
Single-Family Home
$500,000
06/26/26
2
1
1,152
0.44
Single-Family Home
$375,000
11/14/25
2
1
1,224
0.69
Single-Family Home
$220,000
07/17/26
1
1
504
0.21
Single-Family Home
$745,000
03/11/26
2
2
1,560
0.08
Single-Family Home
$614,000
09/19/25
3
2
2,024
0.25
Single-Family Home
$560,000
08/06/26
3
2
1,344
0.75
Single-Family Home
$256,500
10/16/25
2
1
768

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$673,500
3
3
2,784
Off Market
0.04
$600,000
2
1
1,030
For Sale
0.07
$698,900
3
3
2,326
Off Market
0.08
$586,600
3
2
2,024
Off Market
0.09
$420,000
2
1
660
Recently Sold
0.13
$530,000
2
1
1,050
Recently Sold
0.22
$567,500
3
2.5
2,250
Off Market
0.23
$500,000
2
2
1,300
For Sale
0.26
-
-
-
-
Off Market
0.25
$560,000
3
2
1,344
Recently Sold
0.26
$500,000
2
1
1,152
Recently Sold
0.27
$426,100
2
1
932
Off Market

Local Information

  • Map ViewExplore the area around 197 Summit Way.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1983
Lot Size
0.9 acres
Living Area
850 sqft
Price/Sqft
$441
Parking
None

About this House

Super Cute Cabin in Bailey!! Furnished or unfurnished!! Perfect mountain home! One Bedroom (loft bedroom) and one Bath!! Great views from this almost wrap around deck! Wood stove!! This is a must see!! Pets negotiable!! Available May 15, 2021!!
197 Summit Way, Bailey, CO 80421 is a 1 bedroom, 1 bathroom, 850 sqft single-family home built in 1983. It last sold for $148,000 on Dec 14, 2009. More recently, it was listed as a rental in May 2021 with an asking price of $1,600 per month. That rental listing was removed on May 10, 2021. It is currently off market. The Trulia Estimate is $374,900, with a rent estimate of $1,867/month.

Home Details for 197 Summit Way

Interior Features

Levels, Entrance, & Accessibility
Stories: 1.5
Interior Details
Number of Rooms: 2

Exterior Features

Exterior Home Features
Roof: MetalDeckExterior: WoodFoundation Type: Piers
Parking & Garage
Parking: None

Property Information

Year Built
Year Built: 1983
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 0.90 acres

Price and Tax history

DateEventPrice
May 10, 2021
Source: Zillow Rental Network Premium
ListingRemoved
May 4, 2021
Source: Zillow Rental Network Premium
Listed For Rent
$1,600
Apr 27, 2021
Source: Zillow Rental Network Premium
ListingRemoved
Apr 21, 2021
Source: Zillow Rental Network Premium
Listed For Rent
$1,600
Jul 4, 2020
Source: Agent Provided
ListingRemoved
$1,425

Market trends in Bailey

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$581K
$20.33K
MoM
Sale-to-List Price
Price per sq ft
$289
$2
MoM
Available listings
123
7
MoM
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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.
  • 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. "
  • 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. "
  • Elk.martin
    "this is a great place to live. the people are very friendly and there is abundant wildlife in the area."
  • 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."
  • 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."
  • Susan B.
    "absolutely gorgeous mountain living with wildlife on properties only 35 minutes from Denver"
  • jtdayusa
    "Incredible views with a sky full of stars at night. Great energy here."
  • 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. "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 197 Summit Way

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Off Market Homes Near 197 Summit Way

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Frequently asked questions about 197 Summit Way

  • What is 197 Summit Way estimated to be worth?
    Trulia's estimated value for 197 Summit Way in Bailey, CO is $374,900.
  • What is the price history for 197 Summit Way?
    197 Summit Way in Bailey, CO last sold for $148,000 in December 2009.
  • Is Bailey a buyer's or seller's market?
    Bailey is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Bailey?
    The median sale price in Bailey is $581K. That is up $20.33K from the prior month.
  • How big is the lot at 197 Summit Way?
    The lot at 197 Summit Way in Bailey, CO is about 0.90 acres (39,204 sq ft).