Waterfront
Listed By:
Coldwell Banker Mountain Properties
Address
48 W Vallecito Creek Road, Bayfield, CO
Price
$ 850,000
Property Attributes
  • MLS#833289
  • TypeSingle Family
  • Listing Status Active
  • CountyLA PLATA
  • CityBayfield
  • AreaBayfield Rural
  • NeighborhoodGrimes Creek
  • Zip81122
  • StyleCabin
  • Year Built1961
  • Taxes$ 3258
  • Price$ 850,000
  • Bedrooms5
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2249
  • Lot Size2.13 Acres
Data Source:
Colorado Real Estate Network (CREN)
Property Description

Tucked into the peaceful setting just north of Vallecito Reservoir, 48 West Vallecito Creek presents a rare opportunity to own a versatile mountain property with both residential comfort and income potential. Situated on 1.3 acres—with an additional adjacent 0.80-acre parcel included—this offering provides privacy, usable land, and close proximity to National Forest access, making it an ideal base for outdoor recreation and year-round enjoyment. The main residence features approximately 2,249 square feet, including a well-designed four-bedroom, two-bath layout, with the primary living space totaling just over 1,800 square feet. The home offers a functional floor plan with generous living areas, a full kitchen, and the warmth and character expected in a Colorado mountain retreat. Above the detached garage, a 448-square-foot caretaker apartment adds flexibility for guest accommodations, long-term rental income, or on-site property management. Vacation rental projections for the main home are estimated at $33,000 to $39,000 annually, with the studio apartment offering an additional $11,000 to $14,000 in potential income per year. Complementing the natural setting, the property benefits from proximity to fishing, ponds, and abundant wildlife, as well as easy access to surrounding public lands. Whether utilized as a primary residence, vacation retreat, or part of a larger investment strategy alongside the nearby cabin offerings, this property delivers multiple use options, including short-term rental potential, multi-generational living, or a private family compound.

Elementary School Middle School High School
Bayfield K-5 Elementary School Bayfield 6-8 Middle School Bayfield 9-12 High School
Price History
4/6/2026 Listed $850,000

General Features

Heating Forced Air
Roof Metal
Fireplaces Living Room
Garage Detached Garage
Status Active
Bathrooms 3
Year Built 1961
Subdivision Grimes Creek
Water Heater Propane Water Heater
Style Cabin
Stories Count Two Story
County La Plata
Class RESIDENTIAL
Type Stick Built
Tax Year 2025
FIPS Code 08067
HOA Y/N No
New Construction Y/N No
Status Active
Sale/Rent For Sale
Utilities Electric,Propane-Tank Leased
Energy Star Qualified Y/N No
Green Certification Y/N No
HERS Rated Y/N No
LEED for Homes Y/N No
Other Green Cert. Y/N No
Directions CR 240 to CR 501,L on Cr 501,L on W Vallecito Creek,Property on right.
High School Bayfield 9-12
City Bayfield
List Price/SqFt 377.95
Terms Cash,Conventional
Elementary School Bayfield K-5
Middle School Bayfield 6-8
DOM 166
PROPERTY DESCRIPTION Adj to Open Space
Price Per Sq Ft Total AG 377.95
Property Attached Y/N No

Interior Features

Interior Amenities All Furnishings
Flooring Carpet-Partial,Tile
Furnished Y/N Furnished
Beds 5
Full Baths 2
Dining Room Eat-in Kitchen
3/4 Baths 1
Appliances Dryer,Microwave,Range/Oven,Washer
Primary Bedroom Level Main Level

Exterior Features

Waterfront Pond
Lot Size Area 2.13
Garage Capacity 2
RV Parking No
Siding Log
Construction Type Wood
Water Well Yes
Waterfront Yes
Garage Y/N Yes
Carport No
Exterior Structures Garage,Workshop
Water Rights/Irrig. No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 81122

Price
AVG $1.36M
$850K
Taxes
AVG $2,813
$3,258
Year Built
AVG 1994
1961
Visits
AVG 55
23
Data Provided by Inside Real Estate®