Creekfront mountain living near Vallecito Lake with a guest apartment, RV hookups, and year-round access. Nestled among towering pines in the highly desirable Ponderosa subdivision, this charming Colorado mountain cabin sits along the banks of Grimes Creek, offering the soothing sounds of running water, mountain views, privacy, and the ultimate Southwest Colorado lifestyle. Just minutes from Vallecito Lake, the marina, boat ramps, hiking trails, fishing access, and the San Juan National Forest, this property is ideally positioned as a primary residence, vacation home, short-term rental opportunity, or multi-generational mountain retreat. The main home features an open-concept floor plan with vaulted ceilings, abundant natural light, a spacious living area, functional kitchen, dining space, two main-level bedrooms, full bath, laundry area, and a versatile upper-level loft, bunk room, office, or guest space with an additional bathroom. A forced-air furnace provides comfortable year-round living. Outdoor enthusiasts will appreciate direct creek frontage, a private footbridge crossing Grimes Creek, RV parking with hookups, multiple storage sheds, and a detached two-car garage with a separate guest apartment above complete with its own sleeping area and bathroom—perfect for visitors, extended family, a caretaker, studio, home office, or potential rental income. Located approximately 30 minutes from Durango and surrounded by endless recreation including boating, paddleboarding, kayaking, fly fishing, hiking, horseback riding, ATV trails, snowmobiling, hunting, and access to the Weminuche Wilderness, this property offers the rare combination of creekfront living, guest accommodations, mountain charm, and no HOA or restrictive covenants. Properties with Grimes Creek frontage this close to Vallecito Lake rarely become available.
Active
Price cut: $40K (6/23)
$575,000
403 Ponderosa Homes Drive, Bayfield, CO 81122
3beds
1,390sqft
Stick Built
Built in 1966
1 Acres Lot
$563,200 Zestimate®
$414/sqft
$-- HOA
What's special
Mountain viewsDining spaceRv hookupsDirect creek frontageGuest apartmentDetached two-car garageVaulted ceilings
- 183 days
- 585
- 34
Zillow last checked:
Listing updated:
Listed by:
Ashley Blackmore 970-903-7477,
Blackmore Group,
David Bachman 970-610-0726,
Blackmore Group
Source: CREN,MLS#: 831950
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Other
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer
Features
- Vaulted Ceiling(s)
- Flooring: Carpet-Partial, Tile
- Furnished: Yes
Interior area
- Total structure area: 1,390
- Total interior livable area: 1,390 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck
- Has view: Yes
- View description: Mountain(s)
- Has water view: Yes
- Water view: Stream/River
- Waterfront features: Creek
Lot
- Size: 1 Acres
Details
- Additional structures: Garage(s), Shed(s), Shed/Storage
- Parcel number: 537720407012
- Zoning description: Residential Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A Frame,Cabin
- Property subtype: Stick Built
Materials
- Wood, Wood Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Propane-Tank Owned
Community & HOA
Community
- Subdivision: Ponderosa Homes
HOA
- Has HOA: No
Location
- Region: Bayfield
Financial & listing details
- Price per square foot: $414/sqft
- Tax assessed value: $268,010
- Annual tax amount: $1,760
- Date on market: 2/26/2026
- Electric utility on property: Yes
- Road surface type: Gravel
Estimated market value
$563,200
$535,000 - $591,000
$2,630/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Price change | $575,000-6.5%$414/sqft |
Source: | ||
| 4/13/2026 | Price change | $615,000-1.6%$442/sqft |
Source: | ||
| 2/26/2026 | Listed for sale | $625,000-0.8%$450/sqft |
Source: | ||
| 11/1/2025 | Listing removed | $630,000$453/sqft |
Source: | ||
| 7/3/2025 | Listed for sale | $630,000+98.7%$453/sqft |
Source: | ||
| 5/18/2020 | Sold | $317,000-2.5%$228/sqft |
Source: Public Record Report a problem | ||
| 11/25/2019 | Listing removed | $325,000$234/sqft |
Source: Coldwell Banker Heritage House Realtors #757889 Report a problem | ||
| 8/9/2019 | Price change | $325,000-1.5%$234/sqft |
Source: Coldwell Banker Heritage House Realtors #757889 Report a problem | ||
| 5/23/2019 | Listed for sale | $330,000+6.5%$237/sqft |
Source: Coldwell Banker Heritage House Realtors #757889 Report a problem | ||
| 10/28/2016 | Sold | $310,000-4.6%$223/sqft |
Source: Agent Provided Report a problem | ||
| 9/20/2016 | Pending sale | $325,000$234/sqft |
Source: Coldwell Banker Heritage House Realtors #719961 Report a problem | ||
| 7/4/2016 | Listed for sale | $325,000$234/sqft |
Source: Coldwell Banker Heritage House Realtors #719961 Report a problem | ||
| 6/17/2016 | Pending sale | $325,000$234/sqft |
Source: Coldwell Banker Heritage House Realtors #719961 Report a problem | ||
| 6/7/2016 | Listed for sale | $325,000+8.7%$234/sqft |
Source: Coldwell Banker Heritage House Realtors #719961 Report a problem | ||
| 1/12/2007 | Sold | $299,000$215/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $780 +10.3% | $16,750 +3.7% |
| 2024 | $707 -2% | $16,150 -3.6% |
| 2023 | $722 -4% | $16,760 +38.4% |
| 2022 | $751 | $12,110 -2.8% |
| 2021 | -- | $12,460 +4.1% |
| 2020 | $699 +14.8% | $11,970 |
| 2019 | $609 | $11,970 +9.4% |
| 2018 | $609 | $10,940 +5.4% |
| 2017 | $609 +5% | $10,380 -3.2% |
| 2016 | $580 +21% | $10,720 |
| 2015 | $480 | $10,720 +6.7% |
| 2014 | -- | $10,050 |
| 2013 | -- | $10,050 -5.5% |
| 2012 | -- | $10,640 |
| 2011 | -- | $10,640 -5% |
| 2010 | -- | $11,200 |
| 2009 | -- | $11,200 +3.4% |
| 2008 | -- | $10,830 |
| 2007 | -- | $10,830 +25.1% |
| 2005 | -- | $8,660 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 81122
Nearby schools
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.




