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For sale by owner
  • $650,000

    48246 E Us Highway 160, Bayfield, CO 81122

    2beds
    970sqft
    : 
    SingleFamily
    Built in 1984
    7.11 Acres Lot
    $537,600 Zestimate®
    $670/sqft
    $-- HOA

    What's special

    Large barnSeasonal creekPartial fencingRv sitesYear-round pondScenic pond views
    **For Sale by Owner: Unique Property with Multiple Units** This rare and highly versatile property presents an exceptional investment opportunity or a prime option for those seeking a home with a steady, established income stream. Located just five minutes East of Bayfield, the property includes two charming cottages with scenic pond views, RV sites, a small studio outbuilding, and a large barn. The location provides easy year-round access, with plenty of space and potential to expand by adding additional RV sites. The property was previously utilized for vacation rentals, but the owner has since transitioned to long-term tenants. The partially renovated barn is in need of some TLC and the studio outbuilding was previously used as an office and art space. In addition to the cottages, the property features partial fencing, a year-round pond, and a seasonal creek, creating a peaceful and natural environment for both residents and wildlife.
    What the owner loves about this home
    **Bonus Opportunity: Neighboring Lodge for Sale** Adjacent to this property is a 3,502 sqft lodge situated on 3.4 acres, which includes four rental units and an additional RV site. The lodge is fully occupied with long-term tenants, offering a steady income stream. The two properties can be purchased together at a discounted price, providing even greater investment potential. Address: 48246 US Hwy 160: $950,000 The motivated seller is offering owner financing options for either property or both combined. Proof of funds is required prior to scheduling a viewing. This is an exceptional opportunity to acquire a property with stable income, expansion potential, and a prime location. Direct contact with owner: (970) 880-2297. Both texts and calls are welcome.
    17 days
    on Zillow
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    793
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    54
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    Listed by:

    (970) 880-2297

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Interior area
    • Total interior livable area: 970 sqft

    Property

    Features
    • Has view: Yes
    • View description: Water, Mountain
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 7.11 Acres
    Details
    • Parcel number: 567922301009

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1984

    Community & HOA

    Location
    • Region: Bayfield

    Financial & listing details

    • Price per square foot: $670/sqft
    • Tax assessed value: $401,390
    • Annual tax amount: $6,395
    • Date on market: 4/9/2025
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