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221 Vallecito Drive, Bayfield, CO, 81122

1beds
1baths
674sqft
$459,000
$681price/sqft
$2,765/moest. monthly cost
$110,600/yrincome needed

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

0
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

7/10
5/10
Bayfield Middle SchoolGrades 6-89.6 mi
5/10
Bayfield High SchoolGrades 9-129.8 mi

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
    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 $2,320$27,840
Home Insurance *$156$1,872
Property Taxes $103$1,236
Electricity $186$2,232
Total$2,765$33,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$94,800/yr
40% on housing$82,950/yr
45% on housing$73,733/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

$681This listing

vs Other Active Listings

Avg $/sqft

ZIP 81122$385
La Plata County$490

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
2026-05-06Listed for sale$459,000
2025-10-30Listing removed$459,000
2025-09-06Listed for sale$459,000
2022-08-31Sold$215,000
2022-07-09Contingent$290,000
2022-06-16Listed for sale$290,000

For Sale by Agent

AgentChristina Rinderle
BrokerageDurango Land and Homes

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