Metro Denver Luxury Homes For Sale

Property 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 12×16 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.

Features
: Baseboard, Natural Gas, Pellet Stove
: None
: Finished, Exterior Entry, Walk-Out Access
: Pellet Stove
: Deck, Patio
: 4
: Dryer, Refrigerator, Washer, Oven
: Mountain Contemporary
: Composition
: Septic Tank
Address Map
CO
Park
Bailey
80421
Iris
121
Drive
W106° 31' 36.9''
N39° 26' 49.8''
Additional Information
: Frame, Wood Siding
GPS
Fitzsimmons
: Balcony
2
: Tile, Wood, Vinyl
Platte Canyon
: Pantry, High Ceilings, Eat-in Kitchen, Vaulted Ceiling(s), Ceiling Fan(s), Built-in Features
Yes
Yes
Cash, Conventional
: Secluded, Many Trees, Foothills
Platte Canyon
eXp Realty, LLC
18098
: None
: House
Friendship Ranch
$1,988
2024
: Phone Available, Electricity Connected, Natural Gas Connected
: Skylight(s)
04/10/2026
2386
Active
155062857
EXPCO
Platte Canyon RE-1
Slab
Platte Canyon RE-1
Platte Canyon RE-1
04/30/2026
04/30/2026
Well
: Multi/Split

Friendship Ranch

121 Iris Drive, Bailey, CO 80421

4 Bedrooms
2 Total Baths
2,386 Square Feet
$635,000
Listing ID #8629738
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 8629738
Price : $635,000
Bedrooms : 4
Rooms : 13
Total Baths : 2
Full Bathrooms : 2
Square Footage : 2,386 Square Feet
Year Built : 1985
Lot Area : 29,839 Acres
Lot Acres : 0.69
Property Sub Type : Single Family Residence
Status : Active
Co List Agent Full Name : Chase Krause
Co List Office Name : eXp Realty, LLC
Originating System Name : REcolorado
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