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3 Beds
2 Baths
2,168 sqft

$750,000

148 Black Bear Lane, Vallecito Lake / Bayfield CO, 81122

Price per sqft$345.94
Built in1981
Property size2,168 sqft
Property typeResidential
Listed by Kathryn Vumbaco with RE/MAX Alliance 720-246-7575

Overview

Active

Listed Apr 27, 2026

Updated 5 days ago

Furnished, STR-friendly waterfront home represents a rare opportunity to own a slice of alpine paradise in Vallecito. Stylish home on the quiet back side of Vallecito Lake with rare water-front Vallecito Creek frontage and no HOA. This well-lit three-bed, two-bath retreat offers both comfort and versatility, with a layout that works beautifully as a primary residence, vacation home, or income-producing property. The lock-off loft, complete with a pool table, and private entrance, has a history as a short-term rentals, and the tiny home near the creek is ideal for guests or additional income. An insulated shed provides a perfect hobby space, gym or overflow storage, and three additional outbuildings offer room for tools, gear, and outdoor vehicles such as ATVs. Large windows on the lower level fill the home with natural light, while the expansive deck features a concealed hot tub for relaxing evenings under the pines. Follow the steps down to a riverfront fire pit for peaceful mornings or summer nights by the water. Importantly, the property is NOT located in a designated FEMA flood zone, offering peace of mind rarely found with waterfront homes. The property is just 0.5 miles from the 19.5-mile Vallecito Trail, which leads directly into the Weminuche Wilderness and offers exceptional access to hiking, fishing, and outdoor recreation. This unique property blends mountain charm with practical flexibility. Photos taken in 2023 and June 2026.

$4,990/mo

Est. mortgage payment based on a $750,000 home price.

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

Additional information

MLS® ID
834016

Interior Features

Bedrooms
3
Bathrooms
2
Basement
No

Exterior Features

Lot Size
0.4 Acres

Other Property Details

Taxes
$3,865
Tax Frequency
Annually
Garage
Yes
Furnished
Yes
Waterfront
Yes

Listed by Kathryn Vumbaco with RE/MAX Alliance 720-246-7575


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Data last updated on: 10/7/2026

 

 

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