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700 Blue Ridge Drive, Bayfield, CO, 81122

3beds
2baths
2,855sqft
$529,900
$186price/sqft
$3,194/moest. monthly cost
$127,760/yrincome needed

About This Home

This beautifully maintained 3-bedroom, 2-bathroom home in Forest Lakes offers a truly inviting and versatile living experience. All three bedrooms are conveniently located on the main level, while the upper floor features a spacious unfinished flex room along with two additional bonus areas—perfect for future expansion, a home office, studio, or guest space. The open-concept layout is filled with natural light and designed for both comfort and functionality. The kitchen is a standout, featuring a large center island ideal for meal prep and entertaining, ample counter space, bar seating, and a cozy eat-in dining area. Just off the kitchen, a dedicated laundry room with exterior access doubles as a practical mudroom—perfect for Colorado living. On colder days, the wood-burning stove creates a warm and inviting atmosphere, while the primary bathroom offers the added luxury of heated floors. Enjoy outdoor living from any of the three welcoming porches, and take advantage of the fenced dog run for your pets. For those looking to expand, the property also offers plenty of space to add a garage if desired. This home combines comfort, flexibility, and charm—truly a must-see.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

7/10
5/10
Bayfield Middle SchoolGrades 6-86.5 mi
5/10
Bayfield High SchoolGrades 9-126.6 mi

Construction

Condition

  • Year built: 1997

Materials

  • Roof: Metal
  • Construction materials: Wood Frame,Other,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Stick Built

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Cooling

  • Cooling features: Ceiling Fan(s)

Dining Room

  • Features: Eat-in Kitchen,Kitchen Bar

Features

  • Ceiling Fan(s),Granite Counters,Walk-In Closet(s)
  • Flooring: Carpet-Partial,Hardwood
  • Fireplace features: Living Room,Wood Burning Stove
  • Fireplace: Yes
  • Attic: Partially Finished

Interior Area

  • Total structure area: 2,855
  • Total interior livable area: 2,855 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 567502108011
  • Zoning description: Residential Single Family

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered Porch

Lot

  • Lot size: 1.38 Acres
  • Features: Corner Lot,Wooded

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Avalanche
    AvalancheModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Wildfire
Winter Weather
Avalanche
Landslide

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,679$32,148
Home Insurance *$181$2,172
Property Taxes $119$1,428
Electricity $215$2,586
Total$3,194$38,328
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$109,508/yr
40% on housing$95,820/yr
45% on housing$85,173/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.4%
13.4%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.7%
3.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$186This listing

vs Other Active Listings

Avg $/sqft

ZIP 81122$385
La Plata County$490

vs Homes Sold Last Month

Median $/sqft

ZIP 81122$305
La Plata County$436

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-22Price change$559,900
2026-04-01Listed for sale$589,900
2025-07-04Listing removed$2,800
2025-06-19Listed for rent$2,800
2025-06-18Listing removed$555,000
2025-05-16Price change$555,000
2025-04-08Listed for sale$575,000
2016-07-29Sold$325,000
2016-06-07Pending sale$330,000
2016-06-01Listed for sale$330,000
2008-09-11Sold$112,500
2008-08-24Listed for sale$112,500

For Sale by Agent

AgentZane Wells
BrokerageThe Wells Group of Durango, LLC

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