Income Producing Pine River
7100 Cr 501, Bayfield, CO 81122
Income-producing property with rental units and a log home.
Type:Mixed Use
Property size:
10,058 SFLot size:
4.50 AcresPrice / SF:
$247/SF- Added:
- Dec 5, 2021
- Days on Market:
- 1633
- Last Refresh:
- May 12 at 9:18 pm
Property Features for 7100 Cr 501
General Information
- Standard status
- Active
- Size
- 10,058 SF
- Lot size
- 4.50 Acres
- Property subtype
- Mixed Use
Building Details
- Year Built
- 2021
Listing agent Jeff Reynolds
Listing office RE/MAX Pinnacle
Listing date Dec 5, 2021
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Pinnacle
HighLights
- Income‑producing property with established rental history (The Lodge grossed over $116,000 in 2021).
- Potential for both short‑term and long‑term rentals with no HOA or covenants and commercial zoning.
- Multiple rentable units: 9 motel‑style rooms (The Lodge), 4 new 800 sq ft cabins, and a 3285 sq ft log home.
- Newly renovated/finished units with new kitchens, bathrooms, appliances, flooring, and fixtures.
- 4.5‑acre property with views of the Pine River Valley, ample parking, and a loafing shed with a corral.
- Convenient location: close to Vallecito Reservoir, Weminuche Wilderness, Bayfield, and Durango.
Overview
This income-producing property offers opportunities for both short and long-term rentals. Situated on 4.5 acres overlooking the Pine River Valley, the property includes seven rentable buildings, comprising ten or more rental units. The county land use is classified as commercial, which eliminates the need for special permitting for short-term rentals. The property features two buildings known as "The Lodge," consisting of nine separate motel-style rooms renovated in 2020 with new insulation, windows, kitchens, baths, flooring, fixtures, and appliances. The lodge is divided into five separate units with multiple configurations, including kitchenettes, bathrooms, and queen beds. There are also four newly finished 800+ square foot cabins completed in 2021, each with a covered porch, a full bathroom downstairs, a half bath attached to the upstairs bedroom, and additional loft space. Each cabin has electric baseboard heaters and a pellet stove. Additionally, there is a 3,285 square foot log home with three en-suite bedrooms, a large living room with 30' vaulted ceilings, and radiant heat floors with a new Navien tankless boiler. The log home's interior is being finished with high-end cabinetry, fixtures, and appliances, with completion expected in June 2022. The property has direct access from CR 501 and sufficient separation between the buildings to allow for privacy. There is ample parking for multiple vehicles and trailers, as well as a large loafing shed with a small corral. Vallecito Reservoir and the Weminuche Wilderness area are just 10 minutes to the north, and Bayfield is only 10 minutes away. Durango amenities are 30 minutes away. The brand new log home could make a beautiful owners residence, executive rental, or a wedding venue.
Property Profile
Location Intelligence
Current Use by Public Records
Motels
Similar Places Nearby
- LePlatt's Pond - Weddings and Events — 311A Co Rd 501, Bayfield, CO 81122
Location Insight
- Map
- Local Demand
- City
- Bayfield
- County
- La Plata
- State
- Colorado
- Longitude
- -107.6156512
- Latitude
- 37.3288743
Nearby Similar for Sale
FAQs
What type of property is this?
Motel - Income-producing property with rental units and a log home.
Where is this motel located?
The property is located at 7100 Cr 501 Bayfield, CO.
What is the asking price?
The asking price for this property is $2,490,000.
What are key features of this property?
This property features: Income‑producing property with established rental history (The Lodge grossed over $116,000 in 2021).; Potential for both short‑term and long‑term rentals with no HOA or covenants and commercial zoning.; Multiple rentable units: 9 motel‑style rooms (The Lodge), 4 new 800 sq ft cabins, and a 3285 sq ft log home.
