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  • $1,125,000

    1165 Lake View Drive, Vallecito Lake/Bayfield, CO 81122

    2beds
    1,806sqft
    : 
    $6,420/mo
    Get pre-qualified
    Stick Built
    Built in 2022
    2.1 Acres Lot
    $1,086,200 Zestimate®
    $623/sqft
    $-- HOA

    What's special

    Heated two-car garageBeverage refrigerator drawersBeautiful wood-burning fireplaceHunter douglas motorized shadesModern kitchenGranite and quartz countertopsClosed-cell foam insulation
    Perched at the top of Lake View Drive, this stunning custom home offers panoramic views of Vallecito Reservoir and the San Juan National Forest, creating the ultimate mountain retreat. Built in 2022, this thoughtfully designed 2-bedroom, 2-bathroom home sits on a 1-acre lot, and the adjoining 1.1-acre parcel is included in the sale, providing additional privacy and future development potential. The main living level is designed to showcase the incredible scenery with dramatic 10-foot floor-to-ceiling windows that flood the home with natural light. The open-concept living area features luxury vinyl plank flooring, a beautiful wood-burning fireplace, and seamless access to multiple outdoor living spaces. The modern kitchen offers granite and quartz countertops, premium Bosch stainless steel appliances, beverage refrigerator drawers, and an impressive butler's pantry complete with its own sink, garbage disposal, abundant cabinetry, and generous prep space. Outdoor living is just as impressive with three Trex decks positioned on three sides of the home, each offering a unique perspective of the surrounding mountains and lake. The expansive west-facing deck has been professionally engineered to support a hot tub and is already plumbed for one, while the south-facing deck captures spectacular lake and mountain views. A substantial pergola with built-in lighting and a heater creates the perfect year-round outdoor entertaining space. A loft overlooking the living area provides the ideal space for a home office, reading nook, or additional flex space. Off the kitchen and living room down the hall, the guest bedroom enjoys its own private deck and located next to a full guest bathroom with heated floors. The spacious primary suite is a true sanctuary, offering incredible private views of the San Juan National Forest, abundant natural light, a closet with the washer and dryer inside, a private entrance to the west-facing deck, and a beautifully appointed ensuite 3/4 bathroom featuring heated floors. The lower level features a heated two-car garage, a dedicated office or flex room just off the garage (not counted in square footage), and an oversized mechanical room/workshop complete with a large safe that conveys with the property. The garage also includes 220-volt power for added versatility. Built with quality and efficiency in mind, additional features include closed-cell foam insulation, heated gutters to help prevent snow slide-off, a private well, instant hot water with a water recirculation system, Wi-Fi-enabled smart home controls, Hunter Douglas motorized shades, and smart-enabled appliances that can be controlled from your phone. Extensive fire mitigation has already been completed around the home, providing added peace of mind. Located at the end of the subdivision with minimal traffic, this peaceful property offers exceptional privacy while remaining an excellent full-time residence, mountain getaway, or vacation rental opportunity. The property is part of the Lake Vista Valley Estates Subdivision, where property owners contribute just $500 annually toward private road maintenance and snow removal; there are covenants, but no HOA. This is a rare opportunity to own a modern mountain home in Vallecito with unmatched views, luxury finishes, exceptional outdoor living, and the added value of an included adjacent parcel.
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Brooke Phillips C:970-238-0428,

    Legacy Properties West Sotheby's Int. Realty,

    Kelly Kniffin 970-749-3867,

    Legacy Properties West Sotheby's Int. Realty

    Source: CREN,MLS#: 837414MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Primary bedroom
      • Level: Upper
      • Area: 235
      • Dimensions: 15 x 15.67
      Bedroom 2
      • Area: 145.86
      • Dimensions: 9.83 x 14.83
      Dining room
      • Features: Eat-in Kitchen
      Kitchen
      • Area: 176.17
      • Dimensions: 12.58 x 14
      Living room
      • Area: 301.39
      • Dimensions: 18.08 x 16.67
      Office
      • Area: 247.81
      • Dimensions: 16.25 x 15.25
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
      • Laundry: W/D Hookup
      Features
      • Ceiling Fan(s), Vaulted Ceiling(s), Granite Counters, Pantry, Walk-In Closet(s)
      • Flooring: Carpet-Partial, Vinyl
      • Windows: Window Coverings
      • Has fireplace: Yes
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 1,806
      • Total interior livable area: 1,806 sqft
      • Finished area above ground: 1,806

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached Garage, Garage Door Opener, Heated Garage
      • Attached garage spaces: 2
      Features
      • Levels: Two,Split-Level
      • Stories: 2
      • Has view: Yes
      • View description: Mountain(s)
      • Has water view: Yes
      • Water view: Lake/Pond/Reservoir
      Lot
      • Size: 2.1 Acres
      Details
      • Parcel number: 559107402006
      • Zoning description: Residential Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Stick Built
      Materials
      • Wood Frame, Stucco
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2022

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well-Other
      • Utilities for property: Electricity Connected, Internet, Propane-Tank Owned

      Community & HOA

      Community
      • Subdivision: Lake Vista 2
      HOA
      • Has HOA: No
      Location
      • Region: Bayfield

      Financial & listing details

      • Price per square foot: $623/sqft
      • Tax assessed value: $704,900
      • Annual tax amount: $4,009
      • Date on market: 7/23/2026
      • Electric utility on property: Yes
      • Road surface type: Gravel

        Estimated market value

        $1,086,200

        $1.03M - $1.14M

        $2,536/mo

        Price history

        DateEventPrice
        7/23/2026Listed for sale$1,125,000$623/sqft
        Source: CREN #837414 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,063 +87.8%$44,060 +20.2%
        2024$1,099 -26.7%$36,650 +53.2%
        2023$1,499 -1.2%$23,920 -4.9%
        2022$1,517 $25,160
        2021-- $25,160 +1.9%
        2020$1,442 +8.5%$24,680
        2019$1,328 $24,680 +3.5%
        2018$1,328 $23,850
        2017$1,328 -0.4%$23,850 +3.1%
        2016$1,333 +35.9%$23,130
        2015$981 $23,130 +6.6%
        2014-- $21,700
        2013-- $21,700 -5.2%
        2012-- $22,890
        2011-- $22,890 -9.9%
        2010-- $25,400
        2009-- $25,400 +17.1%
        2008-- $21,700
        2007-- $21,700 +76.3%
        2005-- $12,310
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81122

        Getting around

        0 / 100
        Car-Dependent
        1 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Bayfield K-5
        • Middle: Bayfield 6-8
        • High: Bayfield 9-12

        Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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