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7100 Unit Parcel 1 Bayfield, CO 81122

  • Mixed-use properties
  • 6,485 SF
  • 2.25 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Mixed-use properties

Property Details for 7100 Unit Parcel 1

Year built
2021
Lot size
2.25 lot acres
Property size
6,485 SF
Property type
Mixed-use properties

Description

This exceptional 2.25-acre property in Bayfield, CO, presents a unique investment opportunity. The land boasts stunning views overlooking the Pine River Valley and offers convenient access from County Road 501. Four newly finished 800 sq ft cabins, each featuring a full bathroom, bedroom, and loft space, are ready for immediate short-term or long-term rental income (potential $1200+/month long-term, $200+/night short-term). These cabins, completed in 2021, share a new septic system and central water supply, and include new kitchens, bathrooms, appliances, flooring, fixtures, heating, and paint. An unfinished 3285 sq ft log home, also built in 2002 with hand-peeled logs, is ready for completion. Plans include 3 bedrooms, 3 bathrooms, granite/quartz countertops, hickory cabinets, radiant floor heat, and a fireplace or woodstove. The master suite features a double-headed walk-in shower, double vanity, and large walk-in closet. The property also includes a large loafing shed with a small corral. All improvements are permitted through La Plata County. There is no HOA or covenants. Natural gas is available, and the property currently utilizes propane. The proximity to Vallecito Reservoir, Weminuche Wilderness, Bayfield, and Durango (30 minutes) provides easy access to recreation and amenities. The property's versatility allows for various uses, including a private residence, wedding venue, or resort. The price is negotiable if the buyer wishes to purchase the log home in its current unfinished state. The total square footage of all buildings is 6,485 sq ft.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Bayfield
County
La Plata
State
Colorado
Longitude
-107.622
Latitude
37.2228
More about this property
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