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48246 Highway 160, Bayfield, CO, 81122

7beds
4baths
1,500sqft
$815,000
$543price/sqft
$4,768/moest. monthly cost
$190,720/yrincome needed

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

0
WalkingCar-Dependent
0
TransitVery Limited Transit
6
BikeSomewhat Bikeable

Schools

7/10
5/10
Bayfield Middle SchoolGrades 6-85.0 mi
5/10
Bayfield High SchoolGrades 9-125.3 mi

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
    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 $4,121$49,452
Home Insurance *$278$3,336
Property Taxes $183$2,196
Electricity $186$2,232
Total$4,768$57,216
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$163,474/yr
40% on housing$143,040/yr
45% on housing$127,146/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

$543This listing

vs Other Active Listings

Avg $/sqft

ZIP 81122$381
La Plata County$489

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
2026-07-19Listed for sale$815,000

For Sale by Agent

AgentAshley Blackmore
BrokerageBlackmore Group

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