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7100 County Road 501, Bayfield, CO, 81122

$2,190,000

Home List Price

$10,000*

Closing Credit

17 Bedrooms
9 Full Baths, 5 Partial
10,058 SqFt
$218/SqFt
House

Location

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7100 County Road 501, Bayfield$2,190,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built2023
HeatingPropane, Wood, Steam, Baseboard, Floor Furnace, Other
CoolingCeiling Fan(s)
FireplaceDen/Family Room, Living Room, Pellet
ViewMountain(s), Valley
MLS #816263
Lot Size4.50 Acres
StatusActive

About 7100 County Road 501

Your INCOME PRODUCING retreat awaits above the Pine River Valley, near both Durango and Bayfield. With NO COVENANTS and NO RESTRICTIONS on STR’s, this commercial property is waiting to pay for itself with its rental income. Nestled among 4.5 scenic acres in a pine forest, a grandiose 3,285 sq. ft. log cabin stands as the centerpiece of a serene retreat. Surrounding the main cabin are four single family rental cabins and an additional 9-unit lodge. A small loafing shed with corral on the property also makes it equestrian ready. THE MAIN RESIDENCE: Constructed of hand peeled logs with gabled stucco ends, this executive residence has been thoughtfully designed to combine a rustic feel with modern luxury. 30’ vaulted ceilings, radiant floor heat, hickory cabinets and granite countertops are just some of the accents that make this 3 Bedroom, 3 Full Bath and 1 Half Bath home divine. It also has a two-car garage with heated apron/entrance, new boiler and new septic system. FOUR SINGLE FAMILY RENTAL CABINS: The cabins were finished in 2021 and they all share identical floor plans. They come with a covered porch, full kitchen, 1 full and 1 half bath, 1 bedroom and a loft. They each have pellet stoves and baseboard heat. They are on a new septic system and public water, and they are individually metered. Each cabin has the income potential of $1500+ per month or $250+ per night. THE 9-UNIT LODGE: Renovated in 2020, with new insulation, windows, kitchens, baths, flooring, fixtures, and appliances throughout, each unit offers a private escape with comfortable amenities and picturesque views. The lodge unit interiors are thoughtfully designed and are fully furnished with fully equipped kitchenettes, inviting living and sleeping spaces, and tranquil ambiance. The lodge units have been operated as short-term rentals in the past and could be short- or long-term rental units in the future. LOCATION: Attention Hunters and Anglers! This income producing property is only 30 minutes from Gold Medal Waters and 40 minutes to Red Chili Waters! Located in GMU 751, the monster muleys and elk coming down from the Weminuche Wilderness are the stuff of legends. Vallecito Reservoir is just 10 miles up CR-501, where a vibrant recreation community enjoys boating, fishing, parasailing, hiking, horseback riding, cross-country and backcountry skiing, snowmobiling, and more. A 25-minute drive takes you into Durango, where you can enjoy boutique shops, fine dining, and attractions like the Durango Silverton Narrow Gauge Railroad and Purgatory Ski and Summer Resort. 45 minutes east lies Wolf Creek Ski Area, Colorado’s deepest snow! Enjoy luxury mountain living while producing your own income in the heart of Southwest Colorado. Contact us today to schedule your private tour.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin, Other
  • Year Built: 2023
  • Living Area: 10,058 SqFt

Listing Office:

  • Office Name: United Country Blue Sky Homes and Land
  • Listing Agent: Michelle Furi

Interior Features

Interior Information:

  • Appliances: Dryer, Range, Oven, Refrigerator, Washer
  • Flooring Type: Hardwood, Other
  • Interior: Pellet Stove, Part Furnished, Ceiling Fan(s), Vaulted Ceiling, Granite Counters, Garage Door Opener, Heated Garage
  • Fireplace: Den/Family Room, Living Room, Pellet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 5
  • Full Bathrooms: 9
  • Total Bedroom Count: 17

Exterior Features

Exterior Information:

  • View: Mountain(s), Valley
  • Exterior: Deck, Shed/Storage, Barn, Corral, Guest House, Shed

Virtual/3D Tour

  • 3D Tour: 7100 County Road 501
3D Tour

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 4.50 Acres

Utilities

Utilities Information:

  • Heating: Propane, Wood, Steam, Baseboard, Floor Furnace, Other
  • Cooling: Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Bayfield High School, Public District Grades 9-12
  • Bayfield Middle School, Public District Grades 6-8
  • Bayfield Elementary School, Public District Grades 2-5

Other

Directions Information:

  • Directions: From Bayfield: Take US - 160 West to County Road 501. Turn Right. 6.8 miles. Property is on the right. From Durango: Take Florida Road. Turn right on CR-240 and continue for 13 miles. Turn Right on CR-501. 1.5 miles, keep left. Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,190,000
  • Price Per SqFt: $218/SqFt

Tax Information:

  • Annual Amount: $7,666
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Number: #816263

Listing Office:

  • Office Name: United Country Blue Sky Homes and Land
  • Listing Agent: Michelle Furi

IDX SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

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Fair Housing Disclaimer
Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/7/2024, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 17, 2020Home Sold
$420,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,666$131,230
2019$7,449$131,230
2018$6,907$124,010
2017$6,933$124,010

History based on county public records data.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1121453
5
/10

  • Bayfield Elementary School

  • 511 E Mustang Ln

  • 7.12 miles

  • Public District Grades 2-5

Middle School

school-card-donut-1121454
4
/10

  • Bayfield Middle School

  • 615 East Oak 24 Clover Dr

  • 6.15 miles

  • Public District Grades 6-8

High School

school-card-donut-1121455
6
/10

  • Bayfield High School

  • 800 Co Rd 501 24 Clover Dr

  • 6.15 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,146. The majority of La Plata County, CO residents have income between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7100 County Road 501

What is the listing price of this property?

The listing price of 7100 County Road 501 property is $2,190,000.

What type of property is this?

The property 7100 County Road 501 is a house located in Bayfield, Colorado, 81122.

Is this property for sale now?

Active Listing: 7100 County Road 501 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7100 County Road 501 are:
Bayfield Elementary School: GreatSchools Rating 5/10
Bayfield Middle School: GreatSchools Rating 4/10
Bayfield High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,666 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 17, 2020 for $420,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7100 County Road 501 has 17 bedrooms and 9 full and 5 half bathrooms.

What is the square footage of this property?

The property 7100 County Road 501 is 10,058 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7100 County Road 501 is 2023.

Rocket Homes›Colorado›La Plata County›Bayfield›81122›7100 County Road 501

This home is located at 7100 County Road 501 in Bayfield, CO and zip code 81122. This 10,058 square foot home, which was built in 2023, sits on a 4.50 acre lot. Features: 17 bedrooms, 14 bathrooms. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $2,190,000.

In August 2024 in La Plata County, CO there were 32.6% more homes for sale than in July 2024. While the average time on the market in August 2024 was 103 days, the median list price was $924,800.

From Rocket Homes Real Estate and based on county public records data.

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