




221 Vallecito Drive, Bayfield, CO, 81122
About This Home
This beautifully redesigned and thoughtfully updated home near Vallecito Reservoir offers modern comforts wrapped in mountain charm. Extensive remodel upgrades include all-new electrical and plumbing, new windows, new blown-in insulation, and new durable vinyl plank flooring. The entryway is washed in morning light and creates a perfect sitting area, while the stylish kitchen features leathered granite counters with a rough edge, custom iron door cabinet pulls, a Haier Euro fridge, and an electric range oven, blending modern function with rustic character. LED lighting illuminates every room, and the abundant natural lighting creates a cozy atmosphere for year-round enjoyment. The 3/4 bath is beautifully finished with a marble vanity and custom tile work in the spacious walk-in shower. One bedroom provides a full closet and a second room functions as a flexible office or guest space with a daybed. Practical updates include a laundry/mudroom with utility sink, new electric baseboard heating in every room, a new electric water heater, and all-electric systems throughout for low-maintenance comfort. The home also features a tiled corner nook for a future free-standing wood-burning fireplace, if desired. Outside, the property impresses with a new front deck, and a stuccoed, insulated and sheet-rocked 1-car garage with decorative wainscoting. The landscaping includes apple trees, lilacs, aspens, iris, and perennial flowers, offering a private, picturesque setting with abundant local wildlife. The home’s exterior features durable stucco with metal wainscoting and a brand-new metal roof, while a spring-fed community well serves these homes with a future cistern in progress to help ensure reliable water access. Part of the beautiful Vallecito Lake community, this property offers a lifestyle rich in recreation. The reservoir stretches for miles and provides excellent opportunities for fishing, boating, paddle boarding, cross country ski trails and abundant opportunities to snow shoe. Bordering the Weminuche region of the San Juan National Forest, the area is a paradise for outdoor enthusiasts. The home is conveniently close to the marina and just a short drive from the 19.5-mile Vallecito Trail, which leads directly into the 499,771-acre Weminuche Wilderness—the largest wilderness area in Colorado. With every detail thoughtfully updated and modern systems already in place, this home is move-in ready, making it an ideal year-round residence, a mountain getaway, or a turnkey investment property near the lake. Note: The additional vacant parcel in the rear could also be offered for sale, offering additional privacy.
Getting Around
Schools
Construction
Condition
- Year built: 1942
Materials
- Roof: Metal
- Construction materials: Metal Siding,Stucco
Type & Style
- Home type: SingleFamily
- Property subType: Stick Built
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Range,Refrigerator,Washer
Basement
- Basement: Crawl Space
Bedroom2
- Area: 85
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- 3/4 bathrooms: 1
Features
- Mud Room
- Flooring: Tile,Vinyl
Interior Area
- Total structure area: 674
- Total interior livable area: 674 sqft
Living Room
- Area: 154
Master Bedroom
- Level: Main
- Area: 96
Property
Details
- Parcel number: 559324101035
- Zoning description: Residential Single Family
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Mountain(s),Valley
Lot
- Lot size: 10,497 sqft
- Features: Adj to Greenbelt
Parking
- Total spaces: 1
- Parking features: Detached Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
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 | $2,320 | $27,840 |
| Home Insurance * | $156 | $1,872 |
| Property Taxes | $103 | $1,236 |
| Electricity | $186 | $2,232 |
| Total | $2,765 | $33,180 |
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 |
|---|---|---|
| 2026-05-06 | Listed for sale | $459,000 |
| 2025-10-30 | Listing removed | $459,000 |
| 2025-09-06 | Listed for sale | $459,000 |
| 2022-08-31 | Sold | $215,000 |
| 2022-07-09 | Contingent | $290,000 |
| 2022-06-16 | Listed for sale | $290,000 |
