Bailey is about an hour from Denver up Highway 285, in unincorporated Park County. Cabins here book well on weekends year-round, and the county rewrote its STR rules in 2026.
Rates and occupancy: PriceLabs market data for 103 comparable three-bedroom listings near Bailey (occupancy across 3–5 bedroom homes), pulled October 24, 2026. Rates are current asking prices for the next 12 months, not booked rates. Occupancy covers October 2025 to September 2026. Ordinance date: Park County STR page.
Bailey isn't an incorporated town, so STRs here are licensed by Park County. The county adopted a revised STR ordinance (Ordinance 2026-001) that took effect July 19, 2026, with a new fee schedule effective June 1, 2026. There's no primary-residence requirement, so investor-owned cabins can be licensed.
The drafts that led to the ordinance gave the county commissioners power to set license limits by resolution, with a first-come waitlist if they do. Early drafts floated limits by fire district and subdivision; later drafts dropped the numbers. As of October 2026 I haven't seen numeric caps adopted, but this is the part of the rulebook most likely to change, so check it for any purchase.
The rule that matters day to day is septic. Licensed occupancy is tied to the septic system's design capacity, and an unpermitted system has to be permitted and inspected before a license issues.
Park County's rules, read for an investor. Items marked "Check" are where the 2026 text matters.
Across 103 comparable three-bedroom listings near Bailey, the middle half of asking rates for the next 12 months runs $316 to $499 a night. Four-bedroom cabins (41 comps) ask $407 to $636.
Occupancy across three- to five-bedroom homes averaged about 61% from October 2025 to September 2026. July peaked at 81%; February was the low at 48%. Thanksgiving week is the single biggest spike of the year.
That's a metro-weekend market. Midweek is soft, Fridays and Saturdays carry the year, and the best cabins win on hot tubs, views and an easy winter drive.
Up here the property itself is the risk. These come before any offer.
Send me the address. I'll check septic, water, access and the county's current rules, then tell you what it should book.
Covest LLC is a licensed Colorado real estate brokerage. This page is general information, not legal or tax advice, and rules change. Confirm current requirements with the Park County Development Services before you buy.
Septic, water, access, wildfire, county rules. One call and we'll know if a cabin works.