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Pending
  • Price cut: $27K (5/27)
    $598,000

    12316 County Road 501, Bayfield, CO 81122

    3beds
    1,705sqft
    Single Family Residence
    Built in 2025
    3.5 Acres Lot
    $589,700 Zestimate®
    $351/sqft
    $-- HOA

    What's special

    Brand new in 2025 and built by the owner, this thoughtfully constructed single level home offers the rare combination of quality, efficiency, and location that buyers are actively searching for near Vallecito Lake. Situated at 12316 CR 501, you are just 2 minutes from the lake, 15 minutes to Bayfield, and an easy 30 minute drive to Durango, all with excellent year round access. The home features 3 bedrooms, 2 bathrooms, and 1, 705 square feet of well designed open concept living space with 9 foot ceilings that create a bright and open feel. The oversized 2 car garage is a standout with 10 foot ceilings and a 9 foot door, ideal for trucks, boats, and all your Colorado gear. Inside, you will find solid knotty alder doors and matching window sills, high end Pella windows, and a clean, modern finish that still feels warm and inviting. This home was built with long term performance in mind. Construction upgrades include Zip System wall sheathing, LED lighting throughout, a roof engineered for 90 pound snow load with no roof penetrations, all gable venting, insulated stem wall crawl space with lighting and dehumidifier, and a full French drain system around the foundation, including a garage drain. Mechanical systems are top tier with a Trane propane furnace, all metal insulated ducting, PEX piping. The kitchen is equipped with matching GE stainless steel appliances, a propane range, and a 5 stage reverse osmosis system for top tier drinking water. The home is fully wired with CAT 6 cabling, Starlink internet, and pre mounted smart TVs in each room, making it completely move in ready for today’s lifestyle. Step outside and the setting truly shines. Enjoy access to the Pine River via private easement, with endless recreation just minutes away including boating and fishing at Vallecito Lake, plus nearby National Forest access for hiking, hunting, and exploring. The property offers much usable land with room for additional buildings, a fenced yard for pets, RV hookups for fresh and black water, multiple frost free spigots, and a propane connection on the back porch for grilling. All of the details were done right, including a custom swinging mailbox designed to handle winter snow plows and easy access off CR 501 during winter months. This is not a typical new build, it is a well planned, high quality home in one of the most desirable recreational areas in Southwest Colorado. If you have been waiting for something close to Vallecito with true build integrity and immediate access to the outdoors, this property is worth seeing right away. Contact agent directly for your private tour! Virtual staging has been used in some photos.
    85 days
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    805
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    32
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    Zillow last checked:

    Listing updated:

    Listed by:

    eXp Realty, LLC

    Source: eXp Realty,MLS#: 834376Originating MLS: Durango Area Association Of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Bedroom 1
      • Level: Main
      Heating
      • Forced Air, Propane
      Appliances
      • Included: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Washer
      Features
      • Ceiling Fans, Eat In Kitchen, Kitchen Dining Combo, Main Level Primary
      • Flooring: Hardwood, Partially Carpeted
      • Basement: Crawl Space
      Interior area
      • Total structure area: 1,705
      • Total interior livable area: 1,705 sqft
      • Finished area above ground: 1,705

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage, Rv Access Parking
      • Attached garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Porch
      • Exterior features: Porch, Rv Hookup, Shed, Propane Tank Leased
      • Fencing: Partial
      • Has view: Yes
      • View description: Valley
      Lot
      • Size: 3.5 Acres
      Details
      • Additional structures: Shed(s)
      • Parcel number: 559324303001
      • Zoning description: Residential Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Metal Siding, Wood Siding
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2025

      Utilities & green energy

      • Sewer: Engineered Septic
      • Water: Shared Well
      • Utilities for property: Electricity Available, Propane

      Community & HOA

      Community
      • Subdivision: Los Pinos
      HOA
      • Has HOA: No
      Location
      • Region: Bayfield

      Financial & listing details

      • Price per square foot: $351/sqft
      • Tax assessed value: $303,020
      • Annual tax amount: $1,230
      • Date on market: 5/5/2026
      • Cumulative days on market: 87 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA
      • Road surface type: Paved

        Estimated market value

        $589,700

        $560,000 - $619,000

        $3,053/mo

        Price history

        DateEventPrice
        7/21/2026Pending sale$598,000$351/sqft
        Source: eXp Realty #834376 Report a problem
        5/27/2026Price change$598,000-4.3%$351/sqft
        Source: CREN #834376 Report a problem
        5/6/2026Listed for sale$625,000$367/sqft
        Source: CREN #834376 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$735 +10.3%$18,940 +22.7%
        2024$666 -53.8%$15,430 -3.6%
        2023$1,441 -1.2%$16,000 -33.8%
        2022$1,458 $24,180
        2021-- $24,180 +39.4%
        2020$1,013 +11.3%$17,340 -24.2%
        2019$910 $22,890 +40.1%
        2018$910 $16,340 +5.9%
        2017$910 +5.5%$15,430 -2.5%
        2016$863 +52.9%$15,830 +5.9%
        2015$564 $14,950 +19.8%
        2014-- $12,480
        2013-- $12,480 -6.1%
        2012-- $13,290 -35.5%
        2011-- $20,590 +8.4%
        2010-- $19,000 +6.4%
        2009-- $17,860 -4.5%
        2008-- $18,700 -14.3%
        2007-- $21,830 +42%
        2005-- $15,370
        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
        21 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Open Enrollment
        • Middle: Open Enrollment
        • High: Open Enrollment

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

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