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  • Price cut: $40K (6/23)
    $575,000

    403 Ponderosa Homes Drive, Bayfield, CO 81122

    3beds
    1,390sqft
    : 
    $3,354/mo
    Get pre-qualified
    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
    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.
    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#: 831950MLS Logo

      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

      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

        DateEventPrice
        6/23/2026Price change$575,000-6.5%$414/sqft
        Source: CREN #831950 Report a problem
        4/13/2026Price change$615,000-1.6%$442/sqft
        Source: CREN #831950 Report a problem
        2/26/2026Listed for sale$625,000-0.8%$450/sqft
        Source: CREN #831950 Report a problem
        11/1/2025Listing removed$630,000$453/sqft
        Source: CREN #826181 Report a problem
        7/3/2025Listed for sale$630,000+98.7%$453/sqft
        Source: CREN #826181 Report a problem
        5/18/2020Sold$317,000-2.5%$228/sqft
        Source: Public Record Report a problem
        11/25/2019Listing removed$325,000$234/sqft
        Source: Coldwell Banker Heritage House Realtors #757889 Report a problem
        8/9/2019Price change$325,000-1.5%$234/sqft
        Source: Coldwell Banker Heritage House Realtors #757889 Report a problem
        5/23/2019Listed for sale$330,000+6.5%$237/sqft
        Source: Coldwell Banker Heritage House Realtors #757889 Report a problem
        10/28/2016Sold$310,000-4.6%$223/sqft
        Source: Agent Provided Report a problem
        9/20/2016Pending sale$325,000$234/sqft
        Source: Coldwell Banker Heritage House Realtors #719961 Report a problem
        7/4/2016Listed for sale$325,000$234/sqft
        Source: Coldwell Banker Heritage House Realtors #719961 Report a problem
        6/17/2016Pending sale$325,000$234/sqft
        Source: Coldwell Banker Heritage House Realtors #719961 Report a problem
        6/7/2016Listed for sale$325,000+8.7%$234/sqft
        Source: Coldwell Banker Heritage House Realtors #719961 Report a problem
        1/12/2007Sold$299,000$215/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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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        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.
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        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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