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Multi-Residence Rental Property with Creek
For Sale
$799,000

48246 Highway 160, Bayfield, CO 81122

Residential Income, Bayfield, CO

Property Size1,500 SF
Lot Size7.11 Acres
Price / SF$532.67
Days on Market107

Property Features for 48246 Highway 160

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning description Multi-Family
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 7, Laundry Room, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bathroom 4, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4
Parking features Driveway
Fencing Fenced
Subdivision Deer Valley
Lot features Sprinklers In Front
View Lake
High school district Bayfield School District
Directions East of Bayfield 6 miles to address.
Standard status Active
APN 567922301009
Size 1,500 SF
Lot size 7.11 Acres

Additional Details

RV Sites 1

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8203

Utilities

Sewer type Septic Tank
Heating system Propane (Heating)
Water source Well
Water front features Creek, Pond
Water front 1

Amenities

spring-fed lake
walking path
creek

Building Details

Year built 1986
Flooring type Vinyl
Building materials Wood Siding
Roof type Metal
Additional Structures Guest House
Buildings 4
Listing Agency: Blackmore Group
Listed By: Ashley Blackmore
Added: Jul 17 Changed: Oct 29 Last Checked: Oct 31 at 6:06AM
MLS# 12045816

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 7.11-acre short-term rental property includes an apartment converted from a barn and three renovated tiny homes with one to three bedrooms each. Each home has a private outdoor area, and the structures have electricity and metal roofs. A spring-fed, fish-stocked pond reaches approximately 15 feet in depth, while Beaver Creek flows through the property. A walking path circles the pond. The property also includes an RV site and a well and septic system.

Located at 48246 Highway 160, the property has paved access throughout the year and is minutes from Bayfield. Vallecito Lake, National Forest access, and historic downtown Durango are also within driving distance. There is no HOA or covenant restriction, and the property is fenced.

Key Highlights

  • 7.11 acres with an apartment converted from a barn and three renovated tiny homes
  • Three tiny homes range from one to three bedrooms and have private outdoor areas
  • Spring‑fed pond is approximately 15 feet deep and stocked with fish

Property Analytics

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Lease Details

4
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

3
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Four updated residences sit among a stocked pond, year-round creek, and private outdoor areas on 7.11 acres.
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 $799,000.
What are key features of this property?
This property features: 7.11 acres with an apartment converted from a barn and three renovated tiny homes; Three tiny homes range from one to three bedrooms and have private outdoor areas; Spring‑fed pond is approximately 15 feet deep and stocked with fish
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