When we solve a Rubik's cube we make planned moves and easily get the desired results but here I am talking about getting a colour by randomly moving a Rubik's cube without making an effort to solve it. I am getting 1/269,438,400 as the probability but I am not sure that it's correct.
I solved the problem this way. I started with the middle block and considered the probability of it being blue as 1/6. Then I considered the blocks located b/w 2 corner blocks. For the first such block the probability is 4/24 that is 1/6 as 4 such blocks are available and a total of 24 blocks of that position are available but for the next such block I considered the probability as 3/22 as in the previous step 2 of the total such blocks because unavailable and one desired (blue) block of that position became unavailable. This way I got the probabilities as 1/10 and 1/18. I did the same for corner blocks. I then multiplied all the values I got as they are all interdependent.
Your problem is unclear, but from your attempt it seems you allow slice turns, and are looking at a fixed face, so that indeed the probability that the centre piece is blue is $1/6$. I have no clear idea what you are trying to do after that, but simply consider that all permutations of the edge pieces are equally likely given fixed centres, so the probability that the 4 relevant edge pieces have blue is $1/\binom{12}{4}$. The probability that those 4 edge pieces have blue facing the right way is $1/2^4$, since all flip combinations are equally likely (note that this does not hold if you want to look at all edge pieces; it holds here only because we are looking at only $4$ of them). This does give the same answer $1/495$ as you obtained, so I suppose you must have reasoned correctly for that. For the corner pieces, similarly probability of having blue is $1/\binom{8}{4}$ and probability of their blue facing the right way is $1/3^4$. Again, it is not trivial that the edge-pieces-blue and corner-pieces-blue events are independent, but is true because the parity restriction has no effect when we are only looking at one face-full of pieces. Final answer is indeed $1/269438400$ as you stated.