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23490 County Road 501, Bayfield, CO, 81122

7beds
5baths
6,400sqft
$28,500,000
$4,453price/sqft
$160,750/moest. monthly cost
$6,430,000/yrincome needed

About This Home

Teelawuket Ranch is a premier Colorado live water ranch located in the spectacular Upper Pine River Valley near Bayfield and Durango. Encompassing ±940 acres, the Ranch combines private trout fishing, productive wildlife habitat, equestrian facilities, and exceptional improvements within one of the most scenic landscapes in the Rocky Mountain West. Surrounded by the rugged San Juan Mountains, the property features irrigated meadows, timbered hillsides, aspen groves, and extensive riparian corridors that create both remarkable beauty and year-round recreational opportunity. Water is the defining feature of Teelawuket Ranch. More than one mile of the Upper Pine River flows through the property, complemented by East Creek and a five-acre pond that provide diverse fishing opportunities for brown, rainbow, and brook trout. Direct adjacency to U.S. Forest Service lands and access to the renowned Weminuche Wilderness further enhance the Ranch’s sporting appeal. Improvements include a 6,400-square-foot main residence, five guest cabins, a ranch manager’s home, historic gathering spaces, a four-stall barn, riding arena, corrals, and supporting ranch infrastructure. The Ranch is equally suited for family retreats, equestrian pursuits, entertaining guests, and multi-generational ownership. Abundant elk, mule deer, turkey, and black bear habitat, combined with proximity to Durango, Vallecito Reservoir, and several renowned trout rivers, make Teelawuket Ranch an exceptional legacy property offering privacy, recreation, and stewardship in one of Colorado’s most desirable mountain destinations.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

7/10
5/10
Bayfield Middle SchoolGrades 6-813.2 mi
5/10
Bayfield High SchoolGrades 9-1213.4 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1890

Materials

  • Roof: Metal
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Dryer,Freezer,Microwave,Oven,Range,Range Hood,Refrigerator,Washer

Bathroom

  • Features: Primary Suite
  • Level: Main

Bathroom

  • Level: Main

Bathroom

  • Level: Main

Bathroom

  • Level: Upper

Bathroom

  • Level: Upper

Bedroom

  • Level: Main

Bedroom

  • Level: Upper

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Upper

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 5
  • Main level bathrooms: 3
  • Main level bedrooms: 5

Features

  • Kitchen Island,Vaulted Ceiling(s),Walk-In Closet(s)
  • Flooring: Wood
  • Finished area above ground: 6,400

Heating & Cooling

  • Heating features: Baseboard,Forced Air,Radiant Floor
  • Cooling features: None

Interior Area

  • Total structure area: 6,400
  • Total interior livable area: 6,400 sqft

Laundry

  • Level: Main

Property

Details

  • Parcel number: R006110
  • Special condition: Standard
  • Exclusions: To Be Negotiated Between Buyer And Seller.
  • Horse amenities: Arena,Corral(s),Pasture,Tack Room

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Deck,Front Porch,Patio
  • Exterior features: Balcony,Fire Pit,Garden,Private Yard
  • On waterfront: Yes
  • Waterfront features: Pond,River Front,Stream,Waterfront
  • Residential vegetation: Aspen,Grass Hay,Grassed,Heavily Wooded,Partially Wooded,Wooded
  • Horses can be raised: Yes

Lot

  • Lot size: 940 Acres
  • Features: Borders National Forest,Borders Public Land,Irrigated,Many Trees,Meadow,Mountainous,Near Ski Area,Secluded,Suitable For Grazing,Wetlands

Parking

  • Total spaces: 4

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 $144,111$1,729,332
Home Insurance *$9,744$116,928
Property Taxes $6,412$76,944
Electricity $483$5,797
Total$160,750$1,929,000
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$5,511,428/yr
40% on housing$4,822,500/yr
45% on housing$4,286,666/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

$4,453This listing

vs Other Active Listings

Avg $/sqft

ZIP 81122$263
La Plata County$456

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)

No zestimate history available

Price History

DateEventPrice
2026-06-15Listed for sale$28,500,000

For Sale by Agent

AgentBrian Hartley
BrokerageLive Water Properties

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