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2 Beds
2 Baths
1,850 sqft

$450,000

7978 County Road 501, Bayfield CO, 81122

Price per sqft$243.24
Built in1916
Property size1,850 sqft
Property typeResidential
Listed by Cinnamon Kasnoff with Coldwell Banker Mountain Properties 970-749-0888

Overview

Active

Listed Sep 12, 2026

Updated 3 weeks ago

Tucked away in the beautiful Pine River Valley just minutes from Vallecito Lake, this one-of-a-kind mountain retreat offers the perfect combination of privacy, character, and outdoor living. Originally built in 1916 as the teacherage for the historic Columbus School and thoughtfully expanded and renovated, the home now features approximately 1,850 square feet with 2 bedrooms, 2 bathrooms, a dedicated office, and a versatile hobby room. The fully fenced property is designed for enjoying Colorado's mountain lifestyle. Entertain family and friends under the large pavilion, relax in the private hot tub, gather around the firepit, shoot hoops on the basketball court, or simply enjoy the peaceful surroundings and mountain views. Mature landscaping includes lilacs, flowering plants, peach and apple trees, raspberry bushes, chokecherry plants, and 1 acre-foot of Pine River irrigation water rights. Additional features include a one-car garage, dog kennel, multiple outbuildings, and ample space for hobbies, gardening, pets, or outdoor recreation. Located in an area that allows short-term rentals, the property offers flexibility as a full-time residence, mountain getaway, or potential vacation rental opportunity. Buyers should verify all short-term rental requirements with the appropriate governing authorities. Just minutes from Vallecito Lake, you'll enjoy easy access to boating, fishing, paddleboarding, kayaking, hiking, camping, and mountain biking. Conveniently located between Durango and Bayfield, with access to Purgatory Resort, Wolf Creek Ski Area, and Mesa Verde National Park, this property is ideally positioned for year-round adventure. Whether you're seeking a peaceful mountain home, a weekend escape, or a property with income-producing potential, this distinctive retreat offers a lifestyle that's increasingly difficult to find in Southwest Colorado.

$2,994/mo

Est. mortgage payment based on a $450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
838999

Interior Features

Bedrooms
2
Bathrooms
2
Fireplace
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.42 Acres

Other Property Details

Taxes
$1,653
Tax Frequency
Annually
Garage
Yes
View
Yes

Listed by Cinnamon Kasnoff with Coldwell Banker Mountain Properties 970-749-0888


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Data last updated on: 9/16/2026

 

 

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