Quintessential cozy Colorado mountain cabin at Vallecito! 474 Ponderosa Homes Drive offers an affordable opportunity to own a mountain getaway near Vallecito Lake with room to grow, excellent utility improvements, and plenty of space for all your recreational gear. Situated on two separate lots, this cozy cabin provides flexibility that is increasingly hard to find around the lake. Since purchasing the property, the sellers have continued to improve its functionality by adding a garage, greenhouse, new windows and a new 40-foot storage container ($6, 000) included in the sale. Whether you need room for vehicles, boats, ATVs, tools, outdoor equipment, or seasonal storage, these additions make the property especially well suited for the Vallecito lifestyle. Additionally, the cabin has thoughtfully designed storage throughout. Another major advantage is the property's private utilities. The well initially tested at an impressive 30 GPM, and a new septic system with an RV dump installed, helping eliminate the high monthly water and sewer expenses associated with many properties in the Vallecito area. The RV dump, additional land, and ample storage also provide excellent flexibility for guests and recreational use. Use the cabin as a full-time residence, seasonal retreat, weekend escape, short term rental, or home base for exploring Southwest Colorado. National Forest access and the endless recreation surrounding Vallecito Lake are just minutes away, including hiking, mountain biking, fishing, boating, ATV riding, and miles of mountain trails. Despite the peaceful mountain setting, everyday conveniences are close by. Restaurants, a market, liquor store, and marina offering slip and buoy services are all just up the road. With two lots, a strong-producing well, new septic system, garage, greenhouse, substantial storage, and Vallecito Lake recreation within minutes, 474 Ponderosa Homes Drive offers a lot of versatility in one property. This property endured last years 100 year flood event without any damage and not a drop of water in the crawl space, giving future owners peace of mind for years to come! Schedule a showing with agent today and come see everything this Vallecito property has to offer.
Pending
$449,000
474 Ponderosa Homes Drive, Bayfield, CO 81122
2beds
1,002sqft
Single Family Residence
Built in 1972
1.51 Acres Lot
$448,700 Zestimate®
$448/sqft
$-- HOA
What's special
- 11 days
- 1,065
- 94
Zillow last checked:
Listing updated:
Listed by:
eXp Realty, LLC
Source: eXp Realty,MLS#: 838243Originating MLS: Durango Area Association Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Level: Main
Heating
- Electric, Fireplaces, Propane, Other, Wood
Appliances
- Included: Dryer, Oven, Propane Water Heater, Range, Refrigerator, Washer
Features
- Eat In Kitchen, Kitchen Dining Combo, Main Level Primary
- Flooring: Hardwood, Partially Carpeted
- Basement: Crawl Space
- Has fireplace: Yes
- Fireplace features: Free Standing, Living Room
Interior area
- Total structure area: 1,002
- Total interior livable area: 1,002 sqft
- Finished area above ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage, Rv Access Parking
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Deck, Rv Hookup, Shed, Propane Tank Leased
Lot
- Size: 1.51 Acres
Details
- Additional structures: Garage(s), Greenhouse, Shed(s)
- Parcel number: 537720407008
- Zoning description: Residential Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Engineered Septic
- Water: Well
- Utilities for property: Electricity Available, Propane, Phone Available
Community & HOA
Community
- Subdivision: Ponderosa Homes
HOA
- Has HOA: No
Location
- Region: Bayfield
Financial & listing details
- Price per square foot: $448/sqft
- Tax assessed value: $381,680
- Annual tax amount: $1,549
- Date on market: 8/19/2026
- Cumulative days on market: 11 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Has irrigation water rights: Yes
Estimated market value
$448,700
$426,000 - $471,000
$2,092/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/23/2026 | Pending sale | $449,000$448/sqft |
Source: eXp Realty #838243 Report a problem | ||
| 8/19/2026 | Listed for sale | $449,000+19.7%$448/sqft |
Source: | ||
| 9/28/2022 | Sold | $375,000+7.1%$374/sqft |
Source: Public Record Report a problem | ||
| 7/25/2022 | Listed for sale | $350,000+59.1%$349/sqft |
Source: | ||
| 9/9/2016 | Sold | $220,000-1.8%$220/sqft |
Source: Public Record Report a problem | ||
| 7/18/2016 | Listed for sale | $224,000+1.8%$224/sqft |
Source: Horizon Properties #722120 Report a problem | ||
| 5/23/2014 | Sold | $220,000$220/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,206 +11.2% | $23,860 +3.9% |
| 2024 | $1,084 +6.7% | $22,960 -2.9% |
| 2023 | $1,016 -4% | $23,650 +38.7% |
| 2022 | $1,058 | $17,050 +11.1% |
| 2021 | -- | $15,340 -5.1% |
| 2020 | $944 +13.9% | $16,160 |
| 2019 | $829 | $16,160 +8.6% |
| 2018 | $829 | $14,880 +3.7% |
| 2017 | $829 +3.3% | $14,350 -3.3% |
| 2016 | $802 +20.8% | $14,840 |
| 2015 | $664 | $14,840 +35.6% |
| 2014 | -- | $10,940 |
| 2013 | -- | $10,940 -5.2% |
| 2012 | -- | $11,540 |
| 2011 | -- | $11,540 -6% |
| 2010 | -- | $12,280 |
| 2009 | -- | $12,280 +3.5% |
| 2008 | -- | $11,860 |
| 2007 | -- | $11,860 +19.1% |
| 2005 | -- | $9,960 |
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: Open Enrollment
- Middle: Open Enrollment
- High: Open Enrollment
Source: eXp Realty. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





