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  • Price cut: $24.1K (9/20)
    $574,900

    124 W Grimes Creek Road, Bayfield, CO 81122

    3beds
    1,920sqft
    : 
    $3,628/mo
    Get pre-qualified
    Stick Built
    Built in 1957
    1.6 Acres Lot
    $558,100 Zestimate®
    $299/sqft
    $-- HOA

    What's special

    Welcome to this charming 1,920-square-foot stick-built home nestled in the beautiful Vallecito Lake community, offering the perfect combination of privacy, space, and mountain living. Situated on a beautiful, flat 1.6-acre lot with creek frontage on two sides, this property provides a peaceful setting with plenty of room to enjoy the outdoors. Inside, the home features an inviting open floor plan with a spacious living area centered around a cozy wood-burning stove. The updated kitchen features granite countertops, a custom butcher-block island, and a convenient pantry, creating a beautiful and functional space for cooking and entertaining. The primary bedroom is conveniently located on the main level and features a connecting bathroom with a walk-in shower, as well as a conveniently located washer and dryer. Bedrooms two and three are upstairs along with a 1/2 bath, providing comfortable space for family and guests. Enjoy your morning coffee or evening sunsets from the front porch, where beautiful mountain views create a stunning backdrop. The large rear porch overlooks the expansive, level backyard, offering a wonderful space for outdoor entertaining, relaxing, and enjoying the peaceful surroundings. The property also features a new gravel driveway, oversized one-car garage, and storage shed. The spacious, level acreage and creek frontage on two sides provide plenty of room for gardening, recreation, pets, or simply enjoying the outdoors. For added flexibility, the home can be purchased furnished, making it an ideal option for a vacation home or investment property. Short-term rentals are allowed, offering excellent potential for those looking for a vacation rental or income-producing property. A rare combination of lake community living, mountain views, creek frontage, usable acreage, and rental potential makes this property a must-see!
    42 days
    2,034
    214

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrea Basye C:970-708-9036,

    Bayfield Realty

    Source: CREN,MLS#: 838525MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Main
      Dining room
      • Features: Kitchen Island, Kitchen/Dining, Separate Dining
      Heating
      • Wood Stove
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
      Features
      • Flooring: Carpet-Partial, Vinyl
      • Basement: Crawl Space
      • Has fireplace: Yes
      • Fireplace features: Den/Family Room, Wood Burning Stove
      Interior area
      • Total structure area: 1,920
      • Total interior livable area: 1,920 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: Detached Garage
      • Garage spaces: 1
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered Porch, Deck
      • Exterior features: Irrigation Pump, Irrigation Water
      • Has view: Yes
      • View description: Mountain(s)
      • Has water view: Yes
      • Water view: Stream/River
      • Waterfront features: Creek, Seasonal Stream/Spring
      Lot
      • Size: 1.6 Acres
      Details
      • Additional structures: Shed(s), Shed/Storage
      • Parcel number: 537729101062
      • Zoning description: Residential Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Stick Built
      • Attached to another structure: Yes
      Materials
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1957

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Grimes Creek
      HOA
      • Has HOA: No
      Location
      • Region: Bayfield

      Financial & listing details

      • Price per square foot: $299/sqft
      • Tax assessed value: $574,960
      • Annual tax amount: $2,334
      • Date on market: 8/28/2026
      • Has irrigation water rights: Yes
      • Electric utility on property: Yes
      • Road surface type: Dirt

        Estimated market value

        $558,100

        $530,000 - $586,000

        $2,218/mo

        Price history

        DateEventPrice
        9/20/2026Price change$574,900-4%$299/sqft
        Source: CREN #838525 Report a problem
        9/14/2026Price change$599,000-0.1%$312/sqft
        Source: CREN #838525 Report a problem
        9/1/2026Listed for sale$599,500+71.3%$312/sqft
        Source: CREN #838525 Report a problem
        4/17/2023Sold$350,000$182/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,606 +10.3%$35,940 +22.4%
        2024$1,456 +10.6%$29,360 -3.6%
        2023$1,317 -4%$30,450 +37.8%
        2022$1,372 $22,100 -2.9%
        2021-- $22,750 +6.8%
        2020$1,244 +16.7%$21,300
        2019$1,066 $21,300 +11.3%
        2018$1,066 $19,140
        2017$1,066 -0.4%$19,140 -4.7%
        2016$1,070 +148.5%$20,090
        2015$431 $20,090 +5.5%
        2014-- $19,050
        2013-- $19,050 -4.9%
        2012-- $20,030
        2011-- $20,030 -4.7%
        2010-- $21,020
        2009-- $21,020 +2.8%
        2008-- $20,450 -0.1%
        2007-- $20,470 +15.5%
        2005-- $17,720
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81122

        Getting around

        0 / 100
        Car-Dependent
        26 / 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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