2422 CR 500, Bayfield, CO 81122

GREAT INVESTMENT OPPORTUNITY with income already in place! SELLER MOTIVATED. This quintessential Vallecito Lake property has many years of great vacation rental history. It is currently managed as a short term vacation rental and already has renters lined up for the 2025 summer season! Current owners only rent it three months out of the year, however, it is suitable for year round living. If you are looking for a home with space but still feels cozy, then this property is for you! Full of opportunity and versatility. Two spacious living rooms are separated by a roomy kitchen and dining area allowing easy movement and an open great room feel. Both living areas have a fireplace and lovely mountain views. Off the kitchen is a huge game room with a dry bar and another fireplace! The master bedroom and second bedroom along with 3 bathrooms are located on the ground floor. Upstairs has four more large bedrooms and the fourth bathroom. These bedrooms are warmed with their own baseboard heater and thermostat. Tall pine trees dot the large front yard. There is a two car carport and wood shed on the south side of the house. The game room exits behind the home offering quick access to the grill in your backyard! There is a lot of potential as a primary residence, investment property or VRBO. The home can be sold fully furnished. This property is part of the beautiful Vallecito Lake community. The reservoir is over 3.5 miles long and offers great opportunities for fishing, boating, paddle boarding and a host of other water activities. Bordering the Weminuche area of the San Juan National Forest, any outdoor enthusiast will find something to love. It is a short walk to the 19.5 mile Vallecito Trail, taking you directly into the 499,771 acre Weminuche Wilderness.