7978 County Road 501, Bayfield, CO 81122
None · La Plata County
Key Facts
Description
Tucked away in the beautiful Pine River Valley just minutes from Vallecito Lake, this one-of-a-kind mountain retreat offers the perfect combination of privacy, character, and outdoor living. Originally built in 1916 as the teacherage for the historic Columbus School and thoughtfully expanded and renovated, the home now features approximately 1,850 square feet with 2 bedrooms, 2 bathrooms, a dedicated office, and a versatile hobby room. The fully fenced property is designed for enjoying Colorado's mountain lifestyle. Entertain family and friends under the large pavilion, relax in the private hot tub, gather around the firepit, shoot hoops on the basketball court, or simply enjoy the peaceful surroundings and mountain views. Mature landscaping includes lilacs, flowering plants, peach and apple trees, raspberry bushes, chokecherry plants, and 1 acre-foot of Pine River irrigation water rights. Additional features include a one-car garage, dog kennel, multiple outbuildings, and ample space for hobbies, gardening, pets, or outdoor recreation. Located in an area that allows short-term rentals, the property offers flexibility as a full-time residence, mountain getaway, or potential vacation rental opportunity. Buyers should verify all short-term rental requirements with the appropriate governing authorities. Just minutes from Vallecito Lake, you'll enjoy easy access to boating, fishing, paddleboarding, kayaking, hiking, camping, and mountain biking. Conveniently located between Durango and Bayfield, with access to Purgatory Resort, Wolf Creek Ski Area, and Mesa Verde National Park, this property is ideally positioned for year-round adventure. Whether you're seeking a peaceful mountain home, a weekend escape, or a property with income-producing potential, this distinctive retreat offers a lifestyle that's increasingly difficult to find in Southwest Colorado.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Raised Ranch / Victorian
Year Built
1916
Stories
2
Living Area
1,850 sq ft
Lot Size
0.42 acres
Garage Spaces
1
Zoning
Residential Single Family
MLS® Listing#
833629
Property Features
Appliances
Heating
Flooring
Fireplace
Basement
Patio
Construction
Roof
Other Structures
Utilities
Sewer
Water Source
Schools
- Elementary:
- Bayfield K-5
- Middle:
- Bayfield 6-8
- High:
- Bayfield 9-12
Financial Details
HOA
None
Annual Taxes
$1,653
Tax year 2025
Parcel Number
567503300010
Directions
From Durango: Florida Road/ CR 240 to the turn off to go to Vallecito Lake or go to Bayfield head to Bayfield (go right), at the big turn by CR 502 stay on CR 501 and look for the sign to your left right in the big turn. From Bayfield: CR 501 towards Vallecito Lake past Forest Lake over The Pine River look for sign on the Right.
Affordability Calculator
$97,800
Estimated monthly payment
$2,603/mo
Principal $391,200 · Est. interest $545,759 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Bayfield, CO
- $693,103
- Median Listing Price
- 76
- Median Days on Market
- 2,106
- Median Sq Ft
- $346
- Median Price / Sq Ft
- 123
- Active Listings
- This home’s price is 29% below the area median.
- Its price per sq ft is 24% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Bayfield, CO.
Location
Points of Interest in Bayfield, CO
Showing the Bayfield area map.
Nearby Schools
Bayfield High School
Secondary · 6.3 mi away
Bayfield Middle School
Secondary · 6.4 mi away
Bayfield Intermediate School
Elementary · 6.6 mi away
Bayfield School District
School · 7.0 mi away
Bayfield Elementary School
Elementary · 7.4 mi away
Bayfield Primary School
Elementary · 7.4 mi away
Florida Mesa Elementary School
Elementary · 11.5 mi away
Columbine Christian School
Elementary · 11.8 mi away
Animas Valley Elementary School
Elementary · 12.4 mi away
Colorado Timberline Academy
School · 12.8 mi away
Riverview Elementary School
Elementary · 13.1 mi away
Animas High School
Secondary · 13.4 mi away
Mountain Middle School
Secondary · 13.5 mi away
Durango High School
Secondary · 13.7 mi away
Animas High School
Secondary · 13.7 mi away
Miller Middle School
Secondary · 13.8 mi away
St. Columba School
Elementary · 13.9 mi away
The Liberty School
School · 13.9 mi away
Needham Elementary School
Elementary · 14.0 mi away
Durango Montessori School
Elementary · 14.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1168 N Oak Drive, Bayfield, CO | $350,000 | 4 | 2 | 1,960 |
| 1712 County Road 501, Bayfield, CO | $350,000 | 3 | 1 | 1,195 |
| 120 Senica Street, Bayfield, CO | $364,900 | 3 | 3 | 1,284 |
| 96 Meadowbrook Drive, Bayfield, CO | $385,000 | 3 | 2 | 1,234 |
| 462 Mountain River, Bayfield, CO | $395,000 | 3 | 3 | 1,232 |
| 125 Meadowbrook Drive, Bayfield, CO | $399,000 | 3 | 2 | 1,404 |
Moving Cost Estimate
EXIT Agents in Bayfield
Listing Courtesy: Berkshire Hathaway HomeServices Colorado Properties
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Real Estate listings held by companies other than Berkshire Hathaway HomeServices Colorado Properties contain that company's name.
Fair Housing Disclaimer
Date Last Updated
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