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48246 Highway 160

Bayfield, CO 81122
  • $815,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 837281
UPDATED: 84 min ago
$815,000
  • 0
    BEDS
  • 7.11
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 1,500
    SQFT
  • $543
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1984
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Blackmore Group: 970-444-2431.


Description

Just five minutes east of Bayfield with easy year-round paved access, this exceptional 7.11-acre Colorado mountain retreat offers a rare combination of multiple income-producing residences, year-round water, no HOA, and endless lifestyle possibilities. Perfect as a vacation rental investment, family compound, corporate retreat, multi-generational estate, or private mountain getaway, the property is centered around a beautiful spring-fed lake approximately 15 feet deep, stocked with fish and surrounded by a walking path for fishing, relaxing, and enjoying Colorado's abundant wildlife. Year-round Beaver Creek flows through the property, creating a peaceful setting with frequent deer, birds, and stunning mountain scenery. Every living space has been extensively updated with modern finishes, making the property completely turnkey. The main barn has been professionally converted into a stylish contemporary apartment, complemented by three beautifully renovated tiny homes ranging from one to three bedrooms, each with its own private outdoor living space. Every structure has electricity, new roofs, and quality improvements throughout, while strong water pressure serves the entire property. The cabins have historically generated approximately $200 per night, the existing RV site has rented for approximately $850 per month, and there is room to expand with additional RV sites or other income opportunities. Formerly de-annexed from Deer Valley, the property enjoys the increasingly rare benefit of no HOA, no covenants, and no restrictive regulations, providing exceptional flexibility for personal enjoyment or investment. Conveniently located just minutes from Bayfield, Vallecito Lake, National Forest access, hiking, fishing, boating, and only a short drive to historic downtown Durango, this one-of-a-kind property offers a unique opportunity to own a turnkey Colorado mountain retreat featuring a private stocked lake, creek frontage, multiple updated residences, proven rental income, investment potential, and unmatched freedom in one of Southwest Colorado's most desirable locations.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2026-08-16T23:56:23.717.
www.destinationdro.com/homes/179000829
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48246 Highway 160 Bayfield, CO 81122

  • Price: $815,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 84 min ago
  • MLS #: 837281
0
Beds
4
Baths
0
½ Baths
7.11
Acres
1,500
SQFT
$543
$/SQFT
1984
Built
Neighborhood:
Deer Valley
County:
La Plata
Area:
Bayfield Rural
Elementary School:
Bayfield K-5
Middle School:
Bayfield 6-8
High School:
Bayfield 9-12
Property Description
Just five minutes east of Bayfield with easy year-round paved access, this exceptional 7.11-acre Colorado mountain retreat offers a rare combination of multiple income-producing residences, year-round water, no HOA, and endless lifestyle possibilities. Perfect as a vacation rental investment, family compound, corporate retreat, multi-generational estate, or private mountain getaway, the property is centered around a beautiful spring-fed lake approximately 15 feet deep, stocked with fish and surrounded by a walking path for fishing, relaxing, and enjoying Colorado's abundant wildlife. Year-round Beaver Creek flows through the property, creating a peaceful setting with frequent deer, birds, and stunning mountain scenery. Every living space has been extensively updated with modern finishes, making the property completely turnkey. The main barn has been professionally converted into a stylish contemporary apartment, complemented by three beautifully renovated tiny homes ranging from one to three bedrooms, each with its own private outdoor living space. Every structure has electricity, new roofs, and quality improvements throughout, while strong water pressure serves the entire property. The cabins have historically generated approximately $200 per night, the existing RV site has rented for approximately $850 per month, and there is room to expand with additional RV sites or other income opportunities. Formerly de-annexed from Deer Valley, the property enjoys the increasingly rare benefit of no HOA, no covenants, and no restrictive regulations, providing exceptional flexibility for personal enjoyment or investment. Conveniently located just minutes from Bayfield, Vallecito Lake, National Forest access, hiking, fishing, boating, and only a short drive to historic downtown Durango, this one-of-a-kind property offers a unique opportunity to own a turnkey Colorado mountain retreat featuring a private stocked lake, creek frontage, multiple updated residences, proven rental income, investment potential, and unmatched freedom in one of Southwest Colorado's most desirable locations.
Exterior Features

Acreage Range 5-9.99 Approx Irrig Acres 4 Carport No Fronts pond mountain view Garage No Parking 10-20 Total Spaces Parking Spaces 12 Property Attached No Roof Metal Siding Wood Stories One StoryTwo Story Views Lake/Pond/ReservoirMountainsStream/RiverValley Water Well Yes Waterfront CreekPond Waterfront YN Yes

Interior Features

Appliance Inclusions Range/OvenRefrigerator Flooring Vinyl Master Bedroom Level Main Level One Quarter Baths 0 Total Office Dens 0 Unit1 Baths 1 Unit1 Bedrooms 2 Unit2 Baths 1 Unit2 Bedrooms 1 Unit3 Baths 1 Unit3 Bedrooms 2 Unit4 Baths 1 Unit4 Bedrooms 2

Property Features

Covenants NO Green Certification No Hoa No Horse Setup No Multi Story Yes New Construction YN No Reo Lender Owned No Tax Year 2025 Terms 1031 ExchangeCashConventionalOther Total Taxes $8202.84 Type Fourplex Water Rights Yes Water Sewer Well Year Remodeled 2026 Zoning Other

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2026-08-16T23:56:23.717.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of Blackmore Group: 970-444-2431.