See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

811 Olmstead Lane, Bayfield, CO, 81122

2beds
2baths
1,368sqft
$310,000
$227price/sqft
$1,927/moest. monthly cost
$77,080/yrincome needed

About This Home

Great opportunity for affordability and home ownership in the heart of Bayfield. This end unit home offers functional living space and has been kept immaculately clean; it has not had any pets residing in the home. This unit backs up to open space, keeping this home tucked in a quiet setting for peaceful enjoyment and an adorable, desirable backyard offering a little piece of nature to an owner. The main living area is large, open, and finished with tile flooring and includes new ceiling fans. The kitchen provides ample storage with well-maintained Formica countertops, a tall and large pantry cabinet, and a nearby half bath. Downstairs, both bedrooms enjoy views of the surrounding natural space and backyard. This level also includes a spacious full bathroom shared between the bedrooms, a laundry room with additional storage, and a utility closet with an in-floor drain. The backyard features a fenced area with a small patio and backs to a local irrigation ditch, which helps maintain greenery and adds a sense of privacy. Two apple trees are shared between this home and the neighbors, and the yard is accessible directly from one of the downstairs bedrooms. Located across the street from Fox Farm Community Park, this home also includes two designated parking spaces and available guest parking. There is an additional storage shed on the property that will stay with the property. This property is deed-restricted and available only to buyers earning 80% Area Median Income or less, creating a unique opportunity for qualified buyers to own in this area. Income limits for a single-individual household are $65,800 annually, and for a two-individual household, $75,200 annually. If there will be more than two individuals residing in the home, please reach out for the annual income limits or ask a local realtor to reference the AMI Chart for La Plata County.

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

--
Bayfield Primary SchoolGrades PK-20.2 mi
5/10
Bayfield Middle SchoolGrades 6-81.2 mi
5/10
Bayfield High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 2009

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Dryer,Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Cooling

  • Cooling features: Ceiling Fan(s)

Features

  • Ceiling Fan(s)
  • Window features: Window Coverings
  • Flooring: Carpet-Partial,Tile

Interior Area

  • Total structure area: 1,368
  • Total interior livable area: 1,368 sqft

Master Bedroom

  • Level: Lower

Property

Details

  • Parcel number: 567711415006

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Has view: Yes
  • View description: Other
  • Waterfront features: Other

Lot

  • Lot size: 609.84 sqft
  • Features: Adj to Open Space

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 $1,567$18,804
Home Insurance *$105$1,260
Property Taxes $69$828
Electricity $186$2,232
Total$1,927$23,124
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$66,068/yr
40% on housing$57,810/yr
45% on housing$51,386/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

$227This listing

vs Other Active Listings

Avg $/sqft

ZIP 81122$386
La Plata County$491

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
2026-04-15Listed for sale$328,000

For Sale by Agent

AgentHailee Horton
BrokerageKeller Williams Realty Southwest Associates, LLC

Similar Homes