Multifamily Property with Private
For Sale
$815,000
48246 Highway 160, Bayfield, CO 81122
MULTIFAMILY, Bayfield, CO
Property Size1,500 SF
Lot Size7.11 Acres
Price / SF$543.33
Days on Market47
Property Features for 48246 Highway 160
General Information
Property type
Residential Multi Family
Property subtype
Other
Bathrooms
4
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
Directions
East of Bayfield 6 miles to address.
Standard status
Active
Size
1,500 SF
Lot size
7.11 Acres
Utilities
Water front
1
Amenities
spring-fed lake
walking path
creek frontage
private outdoor living space
Building Details
Year built
1984
Listing Agency:
Blackmore Group
(970) 444-2431
Listed By:
Ashley Blackmore
(970) 903-7477
Added: Jul 20
Changed: Aug 19
Last Checked: Sep 4 at 5:06PM
MLS# 837281
Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property includes a converted barn apartment and three renovated tiny homes with one to three bedrooms. The residences have updated interiors, electricity, new roofs, and individual outdoor living areas. The property is identified at 1,500 square feet and dates to 1984.
Set across 7.11 acres near Bayfield, the site includes a spring-fed lake approximately 15 feet deep, a walking path, and year-round Beaver Creek frontage. The lake is stocked with fish, while the grounds provide access to a natural mountain setting. An existing RV site is also part of the property. Year-round paved access and proximity to Bayfield, Vallecito Lake, National Forest access, and downtown Durango add practical regional connectivity. The property has no HOA, covenants, or restrictive regulations.
Set across 7.11 acres near Bayfield, the site includes a spring-fed lake approximately 15 feet deep, a walking path, and year-round Beaver Creek frontage. The lake is stocked with fish, while the grounds provide access to a natural mountain setting. An existing RV site is also part of the property. Year-round paved access and proximity to Bayfield, Vallecito Lake, National Forest access, and downtown Durango add practical regional connectivity. The property has no HOA, covenants, or restrictive regulations.
Key Highlights
- 7.11‑acre multifamily property near Bayfield, Colorado
- Spring‑fed lake approximately 15 feet deep, stocked with fish and bordered by a walking path
- Year‑round Beaver Creek flows through the property
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Updated apartment and tiny-home residences sit on a creek-fed Colorado property with no HOA or covenants.
Where is this multifamily 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 multifamily property near Bayfield, Colorado; Spring‑fed lake approximately 15 feet deep, stocked with fish and bordered by a walking path; Year‑round Beaver Creek flows through the property
