Are you looking for an affordable home with equity potential? This property is for you. This cozy Forest Lakes home is conveniently located near the bottom of the neighborhood and needs a new owner to make it their own. It is the perfect FIXER-UPPER home for a flipper, investor, someone seeking rental income to offset their mortgage, first time homebuyer looking for a foot in the door to homeownership...whatever your need or desire, this one is for you. The home has lovely tongue and groove vaulted ceilings in the living room with a large wood stove accentuated by floor to ceiling stone. The bathroom has new flooring and vanity. The main room is conveniently located off the living room and a second room is upstairs in the loft. The backyard and deck offer plenty of yard space for a lovely garden and perfect for summer BBQs. The downstairs is accessed separately from the upstairs. It is currently rented and provides extra income. Seller is motivated, bring all offers.
Sold inner office
$340,000
404 Forest Lakes Drive, Bayfield, CO 81122
3beds
1,620sqft
Stick Built
Built in 1978
9,278 Square Feet Lot
$377,200 Zestimate®
$210/sqft
$2,243 Estimated rent
Home value
$377,200
$343,000 - $411,000
$2,243/mo
Zestimate® history
Owner options
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$1,930/mo
Est. payment
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$1,930/mo
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List your homeWhat's special
Backyard and deckFloor to ceiling stoneNew flooring and vanityLarge wood stovePlenty of yard space
Zillow last checked:
Listing updated:
Listed by:
Andrea Basye C:970-708-9036,
Bayfield Realty
Bought with:
Andrea Basye
Bayfield Realty
Source: CREN,MLS#: 823885
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Interior area
- Total structure area: 1,620
- Total interior livable area: 1,620 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 9,278 Square Feet
Details
- Parcel number: 567502419035
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A Frame
- Property subtype: Stick Built
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1978
Community & HOA
Community
- Subdivision: Forest Lakes
HOA
- Has HOA: No
Location
- Region: Bayfield
Financial & listing details
- Price per square foot: $210/sqft
- Tax assessed value: $363,620
- Annual tax amount: $2,481
- Date on market: 9/5/2025
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2025 | Sold | $340,000-11.7%$210/sqft |
Source:  CREN #823885 Report a problem | ||
| 6/20/2025 | Price change | $384,999-3.8%$238/sqft |
Source: CREN #823885 Report a problem | ||
| 5/21/2025 | Price change | $399,999-1.2%$247/sqft |
Source: CREN #823885 Report a problem | ||
| 5/9/2025 | Listed for sale | $405,000+55.8%$250/sqft |
Source: CREN #823885 Report a problem | ||
| 10/30/2019 | Sold | $260,000-1.9%$160/sqft |
Source: Public Record Report a problem | ||
| 9/27/2019 | Pending sale | $265,000$164/sqft |
Source: Keller Williams Realty Southwest Associates, LLC #759270 Report a problem | ||
| 6/19/2019 | Listed for sale | $265,000+17.8%$164/sqft |
Source: Keller Williams Realty Southwest Associates, LLC #759270 Report a problem | ||
| 8/25/2017 | Sold | $224,925-2%$139/sqft |
Source: Public Record Report a problem | ||
| 7/10/2017 | Pending sale | $229,500$142/sqft |
Source: RE/MAX Pinnacle #728521 Report a problem | ||
| 5/15/2017 | Price change | $229,500-1.5%$142/sqft |
Source: RE/MAX Pinnacle #728521 Report a problem | ||
| 2/21/2017 | Listed for sale | $232,900+0.2%$144/sqft |
Source: RE/MAX Pinnacle #728521 Report a problem | ||
| 12/1/2016 | Listing removed | $232,500$144/sqft |
Source: Bayfield Realty #722134 Report a problem | ||
| 9/29/2016 | Price change | $232,500-2.9%$144/sqft |
Source: Bayfield Realty #722134 Report a problem | ||
| 7/19/2016 | Listed for sale | $239,500+11.4%$148/sqft |
Source: Bayfield Realty #722134 Report a problem | ||
| 1/2/2011 | Listing removed | $215,000$133/sqft |
Source: The Wells Group of Durango, Inc. #646963 Report a problem | ||
| 8/27/2010 | Listed for sale | $215,000$133/sqft |
Source: The Wells Group of Durango, Inc. #646963 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,997 +13.5% | $22,730 -0.2% |
| 2024 | $1,760 +6.1% | $22,770 -3.6% |
| 2023 | $1,659 -3.5% | $23,620 +35.4% |
| 2022 | $1,719 | $17,440 -2.8% |
| 2021 | -- | $17,940 +30.2% |
| 2020 | $1,294 +13.7% | $13,780 |
| 2019 | $1,138 | $13,780 +10.4% |
| 2018 | $1,138 | $12,480 |
| 2017 | $1,138 -0.2% | $12,480 +0.5% |
| 2016 | $1,141 +14.5% | $12,420 |
| 2015 | $997 | $12,420 +17.6% |
| 2014 | -- | $10,560 |
| 2013 | -- | $10,560 -19.6% |
| 2012 | -- | $13,130 |
| 2011 | -- | $13,130 -15.2% |
| 2010 | -- | $15,490 |
| 2009 | -- | $15,490 +0.1% |
| 2008 | -- | $15,480 |
| 2007 | -- | $15,480 +20.6% |
| 2005 | -- | $12,840 |
Find assessor info on the county website
Neighborhood: 81122
Nearby homes
- $--2 bd1 ba980 sqft404 Forest Lakes Dr #2, Bayfield, CO 81122Off Market
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Nearby schools
GreatSchools rating
- 7/10Bayfield Elementary SchoolGrades: 3-5Distance: 5.9 mi
- 5/10Bayfield Middle SchoolGrades: 6-8Distance: 5.7 mi
- 5/10Bayfield High SchoolGrades: 9-12Distance: 5.8 mi
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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- Colorado
- La Plata County
- Bayfield
- 81122
- 404 Forest Lakes Drive
Nearby cities
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