4238 Crk 523 Vallecito, CO 81122
Own a piece of Colorado's stunning landscape with this exceptional 36-acre property, known as Buck Ridge Ranch. Located in Bayfield, Colorado, near Vallecito, this land boasts a charming 1,039 sq ft Colorado-style log cabin, offering breathtaking mountain views and a wraparound covered porch perfect for relaxation. The cabin features a large, vaulted living, dining, and kitchen area, currently configured as a studio with one bathroom, but with ample space to add private bedrooms. It's heated by an efficient wood stove and a propane unit heater. Currently rented, the cabin has historically served as a comfortable hunting retreat. Adding to the property's appeal is a substantial 1,000+ sq ft heated shop/bunkhouse, equipped with a kitchen sink and water storage tank, providing additional sleeping quarters and recreational space. The property is bordered on two sides by National Forest, granting direct access to tens of thousands of acres of public land ideal for hunting (mule deer, elk, bear, and turkey) and outdoor recreation (hiking, horseback riding, and four-wheeling). While the property has a water well, it's currently abandoned, and water for the cabin is supplied by a 1,500-gallon underground cistern. Note that interior cabin photos are several years old. The property is zoned RESIDENTIAL/AG and is free of conservation easements or covenants. Asking price is $699,000. The property's address is 4238 CR 523, Bayfield, CO 81122.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.