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Pending
  • $449,000

    474 Ponderosa Homes Drive, Bayfield, CO 81122

    2beds
    1,002sqft
    : 
    $2,652/mo
    Get pre-qualified
    Single Family Residence
    Built in 1972
    1.51 Acres Lot
    $448,700 Zestimate®
    $448/sqft
    $-- HOA

    What's special

    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.
    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

        DateEventPrice
        8/23/2026Pending sale$449,000$448/sqft
        Source: eXp Realty #838243 Report a problem
        8/19/2026Listed for sale$449,000+19.7%$448/sqft
        Source: CREN #838243 Report a problem
        9/28/2022Sold$375,000+7.1%$374/sqft
        Source: Public Record Report a problem
        7/25/2022Listed for sale$350,000+59.1%$349/sqft
        Source: CREN #796519 Report a problem
        9/9/2016Sold$220,000-1.8%$220/sqft
        Source: Public Record Report a problem
        7/18/2016Listed for sale$224,000+1.8%$224/sqft
        Source: Horizon Properties #722120 Report a problem
        5/23/2014Sold$220,000$220/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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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        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.
        See how much you could borrow to make a competitive offer.

        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: 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.

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