




48246 Highway 160, Bayfield, CO, 81122
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1984
Materials
- Roof: Metal
- Construction materials: Wood Siding
Notable Dates
- Major remodel year: 2026
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Appliances
- Appliances included: Range,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 4
- 3/4 bathrooms: 4
Features
- Flooring: Vinyl
Interior Area
- Total structure area: 1,500
- Total interior livable area: 1,500 sqft
Master Bedroom
- Level: Main
Property
Details
- Parcel number: 567922301009
- Zoning description: Other
Features
- Levels: One,Two
- Stories: 2
- Has view: Yes
- View description: Mountain(s),Valley
- Has water view: Yes
- Water view: Lake/Pond/Reservoir,Stream/River
- On waterfront: Yes
- Waterfront features: Creek,Pond
Lot
- Lot size: 7.11 Acres
Parking
- Total spaces: 12
- Parking features: 10-20 Total Spaces
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
- Lightning
- Wildfire
- Winter Weather
- Avalanche
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,121 | $49,452 |
| Home Insurance * | $278 | $3,336 |
| Property Taxes | $183 | $2,196 |
| Electricity | $186 | $2,232 |
| Total | $4,768 | $57,216 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-19 | Listed for sale | $815,000 |
