14697 County Road 501, Bayfield, CO 81122

The Lake House at Vallecito Reservoir | Positioned directly across the road from the marina at Vallecito Reservoir, this property is all about lifestyle, flexibility, and year-round income potential. Known as “The Lake House,” this home includes a separate apartment (ADU) with a private entrance, deck, and its own hot tub—bringing in a steady $3,000 per month. Use it as a turnkey rental or guest quarters, while still enjoying the main house yourself. The primary residence has never been rented but certainly could be, with strong demand in this sought-after area. There’s no HOA or covenants, giving you full freedom with the property. The attached two-car garage offers convenience, while the separate 34’x15’ boat house can handle a boat, RV, side-by-side, or other gear with room to spare. Outdoors, a huge deck overlooks big lake and mountain views, with brilliant fall colors and sunsets that never disappoint. This property also includes a boat and remaining season slip rental at the full-service marina just across the street! Additionally the homes comes turn key. Just bring your toothbrush! Step outside and be on the water recreating or entertaining in minutes. Vallecito is known for excellent fishing—brown and rainbow trout, walleye, northern pike, and smallmouth bass are all in play. At the lake you will love having 2 restaurants, a general store and a liquor store. Just a few minutes up the road, you’ll find trailheads into the San Juan National Forest for hiking, mountain biking, ATVing, and backcountry camping. Located about 30 minutes from downtown Durango and around 40 minutes from La Plata County Airport, the home is close enough for convenience but far enough for peace and quiet. Bayfield is about 20 minutes away and Purgatory Resort is within an hour for skiing and winter recreation. Whether you're looking for a part-time mountain escape with income, or a full-time residence with unmatched access to the lake and mountains, The Lakehouse delivers it—without restrictions or compromise. There is a 4th bedroom used as an office currently, the 5th is the ADU. Both are non conforming. Rental history and financials available upon request. Contact agent directly for a private tour.