48074 Us Highway 160, Bayfield, CO, 81122

About This Home

Rare and highly versatile income-producing property near Durango with seller financing available. This fully rented multi-unit property offers approximately 3,500 sq ft of total living space, multiple existing rental streams, 3.42 acres, and potential for future expansion. It is a strong fit for an investor, owner-occupant, or buyer seeking a primary residence with established rental income already in place. Renovated five years ago, the main residence is a spacious approximately 2,000 sq ft, 3-bedroom, 2.5-bath home featuring soaring vaulted ceilings, warm wood accents, and a striking stone fireplace. The main residence also includes a private fenced yard and separate entrance, offering privacy from the other units. The home could be used as a personal residence, maintained as a long-term rental, or potentially positioned as a premium vacation rental. In addition to the main residence, the property includes three 1-bedroom, 1-bath apartments, with two located on the lower level and one upstairs. These units were previously used as vacation rentals and are now occupied by reliable long-term tenants. The property also includes a full-hookup RV site, with potential to add additional RV sites subject to buyer due diligence and applicable approvals. The property is supported by a 9-bedroom septic system and a high-producing commercial well that has provided abundant, reliable water and has never run dry. Additional features include welded pipe fencing, pasture area, a seasonal creek, and shared access to a pond with the neighboring property.