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Mountain Short-Term Rental Compound
For Sale
$815,000

48246 Highway 160, Bayfield, CO 81122

Multiple renovated residences surround a stocked lake and year-round creek on a flexible mountain property without HOA restrictions.

Property Size1,500 SF
Lot Size7.11 Acres
Price / SF$543.33
Days on Market43

Property Features for 48246 Highway 160

General Information

Standard status Active
Size 1,500 SF
Lot size 7.11 Acres
Property subtype Multi-Family

Site & Location

Road Access Yes
Utilities to Site Yes

Additional Details

Multifamily Units 4

Building Details

Year Built 1984
Buildings 4
Listing Agency: M4 Ranch Group, LLC
Listed By: Ryan Poppe
Source: Durangohomesforsale
Added: Jul 20 Changed: Aug 30 Last Checked: Aug 30 at 4:40PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of M4 Ranch Group, LLC

Investment Insights

Based on property information with market context.

This 7.11-acre short-term rental property includes a converted barn apartment and three renovated tiny homes with one to three bedrooms. Each residence has private outdoor living space, electricity, a new roof, and updated finishes. The property also includes an existing RV site and a 1,500-square-foot improvement. Strong water pressure serves the structures, while a spring-fed lake reaches approximately 15 feet in depth and is stocked with fish. A walking path follows the lake, and Beaver Creek runs through the property year-round.

Located at 48246 Highway 160, the property has paved access throughout the year and sits five minutes east of Bayfield. Vallecito Lake, National Forest access, hiking, fishing, boating, and historic downtown Durango are within the surrounding area. The property has no HOA, covenants, or restrictive regulations, offering flexibility for continued short-term rental use, a private retreat, or a multi-residence compound.

Key Highlights

  • 7.11‑acre property with three renovated tiny homes and a converted barn apartment
  • Spring‑fed stocked lake approximately 15 feet deep with surrounding walking path
  • Beaver Creek flows through the property year‑round

Property Analytics

Current Use

Short term rental ...

Lease Details

4
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 81122, CO

9,808
Population
4,506
Households
2.2
Avg Household Size
46
Median Age
41%
College-Educated
98%
High-School Grad
481.5 sq mi
ZIP Area
20
Density / Sq Mi
$94,450
Median Household Income
$51,461
Median Earnings
$1,536
Median Rent
$445,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Multiple renovated residences surround a stocked lake and year-round creek on a flexible mountain property without HOA restrictions.
Where is this short term rental property located?
The property is located at 48246 Highway 160 Bayfield, CO.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: 7.11‑acre property with three renovated tiny homes and a converted barn apartment; Spring‑fed stocked lake approximately 15 feet deep with surrounding walking path; Beaver Creek flows through the property year‑round
More about this property
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