Listing Courtesy of: Jeff Reynolds - RE/MAX Pinnacle
$1,390,000 affordable loan icon Calculate Payment

7100 Cr 501 Bayfield, CO 81122

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Single Family Residence
7 Beds
7 Baths
Sq. Ft.
2.25 Acre Lot

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Last updated on 4/19/2024 8:30 PM
Come see this stunning property with a highly unique opportunity for both short and long term rentals. 4 newly finished 800 sq. ft. cabins, and an unfinished 3285 square foot log home. THE CABINS: Four brand new cabins totaling approximately 800 square feet each. The shells were constructed in 2002... of huge hand peeled logs over a concrete crawl space. All four cabins were just finished in 2021 with new kitchens, bathrooms, appliances, flooring, fixtures, heating and paint. All four share the same floor plan and finishes, including a beautiful covered porch, a full bathroom, and a bedroom in addition to a flex loft space. They are smartly spaced to allow for privacy in the pines. These cabins have never been occupied. They are on a brand new septic system and are supplied by central water. Although there is only 1 electric meter, each cabin has a electric usage monitor installed to measure each unit's electrical usage. There are electric baseboard heaters to support the new pellet stoves in each unit. These cabins could be rented long term ($1200+/month) or short term ($200+/night). THE LOG HOUSE: The log house was built in 2002 with huge hand peeled logs, with stucco gable ends. The home is currently being finished to 3285 square feet and will include 3 bedrooms and 3 bathrooms. Currently the home is unfinished, but the Seller plans to continue the construction to its completion- including granite/quartz countertops, hickory cabinets, radiant floor heat, fireplace or woodstove in the living room. The master bedroom is on the main floor, with a double headed custom walk in shower, double vanity, and a large walk in closet. The price will be prorated should the Buyer want to purchase the home in the current unfinished condition. This home is on its own septic system and is on central water. THE PROPERTY: This parcel is approximately 2.25 pine covered acres that sits on an elevated bench, with GREAT VIEWS overlooking the Pine River Valley. There is direct access from CR 501. There is sufficient separation between the home and the cabins to allow for privacy. There is plenty of parking for multiple vehicles and trailers. There is also a large loafing shed with a small corral for your horses. GENERALITIES: All of the repairs and upgrades have been permitted through the La Plata County Building and Planning Departments. There is no HOA and there are no covenants. All the buildings have propane at this time, but natural gas is available. The home and cabins can be used as long term and short term rentals. The brand new log home could make a beautiful owners residence, used as a wedding venue, a resort opportunityâ¦. the options are endless. Vallecito Reservoir and the Weminuche Wilderness area are just 10 minutes to the north, offering a multitude of recreational opportunities. Bayfield is only 10 minutes away, and Durango amenities including fine dining, shopping, medical care and airport are only 30 minutes away. There are so many valuable facets to this listing â come take a look and see for yourself! Sale of this is contingent upon successful subdivision of the 4.5 acres. Buyer to verify square foot measurements of all buildings to their satisfaction. Continue reading
MLS#
789013
Property Type
Single Family
Bedrooms
7
Bathrooms
7 Full
Year Built
2021
Price per Sq. Ft.
$214.34
Lot Size
2.25
Sewer
Septic

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Listing Courtesy of: Jeff Reynolds - RE/MAX Pinnacle
Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, AndreaD.Conner@Xome.com, 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


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