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  • $392,000

    505 Forest Lakes Drive, Bayfield, CO 81122

    2beds
    960sqft
    Stick Built
    Built in 1975
    1.08 Acres Lot
    $395,000 Zestimate®
    $408/sqft
    $1,951 Estimated rent

    Home value

    $395,000

    $352,000 - $442,000

    $1,951/mo

    Zestimate® history
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    What's special

    Timeless characterSolid constructionDedicated shop areaRich nutrient-dense soilRustic appealConvenient utility roomAttached one-car garage
    Step into the charm of this adorable 1970s Swedish cope log home, thoughtfully crafted in a classic style—offering timeless character, rustic appeal, and solid construction. Set on a beautifully usable 1.08-acre property, this cabin-style retreat is nestled among mature landscaping, creating a peaceful, country-like setting with all the space you need to live, garden, and grow. Inside, you’ll find a warm and inviting layout with a versatile bonus room in the basement—perfect for a home office, hobby space, or guest overflow. Storage is abundant throughout the home, making it easy to stay organized without sacrificing living space. The attached one-car garage includes a convenient utility room, and just beyond, a dedicated shop area provides the ideal setup for projects, tools, or extra workspace. There are also two bonus rooms that can be used for canning, gardening, or storage for all your Colorado hobbies. Outdoors is where this property truly shines. The land has been lovingly cultivated over the years and was once home to a thriving mini farm. Rich, nutrient-dense soil—carefully hauled in—makes the garden area exceptionally productive and ready for your own vision. Mature fruit trees dot the landscape, including apples, pears, and plums near the lower portion of the property, along with apricot trees in the back and a peach tree near the driveway. In spring, fragrant lilac bushes bloom throughout, adding color and charm. Adding even more value, the metro district fee ($184/m) covers essential services and sought-after amenities, including water, sewer, trash, snow removal, and road maintenance—making for easy, low-maintenance living. Residents also enjoy fishing rights on the community pond/lake, as well as access to scenic hiking and walking trails that wind throughout the neighborhood. Whether you’re looking for a cozy full-time residence, a hobby farm opportunity, or a peaceful retreat with room to roam, this unique Swedish cope log home offers endless potential. Some photos of this listing may include virtually staged amenities, furniture or fixtures.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brittany McCoy C:970-946-3238,

    Legacy Properties West Sotheby's Int. Realty,

    Maile King 970-946-3237,

    Legacy Properties West Sotheby's Int. Realty

    Bought with:

    Jessica Palmer

    Coldwell Banker Mountain Properties

    Source: CREN,MLS#: 832984MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Appliances
    • Included: Disposal, Dryer, Range, Refrigerator, Washer
    Features
    • Flooring: Carpet-Partial, Tile, Vinyl
    • Basement: Finished
    Interior area
    • Total structure area: 960
    • Total interior livable area: 960 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached Garage
    • Attached garage spaces: 1
    Features
    • Levels: One and One Half
    • Stories: 1
    Lot
    • Size: 1.08 Acres
    Details
    • Additional structures: Shed(s), Woodshed
    • Parcel number: 567502418001
    • Zoning description: Residential Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Stick Built
    Materials
    • Log Siding
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Central Water
    • Utilities for property: Electricity Connected, Propane-Tank Owned

    Community & HOA

    Community
    • Subdivision: Forest Lakes
    HOA
    • Has HOA: No
    Location
    • Region: Bayfield

    Financial & listing details

    • Price per square foot: $408/sqft
    • Tax assessed value: $287,850
    • Annual tax amount: $1,818
    • Date on market: 3/30/2026
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/24/2026Sold$392,000-1.8%$408/sqft
    Source: CREN #832984 Report a problem
    4/5/2026Contingent$399,000$416/sqft
    Source: CREN #832984 Report a problem
    3/30/2026Listed for sale$399,000+60.2%$416/sqft
    Source: CREN #832984 Report a problem
    11/25/2010Listing removed$249,000$259/sqft
    Source: Coldwell Banker Heritage House Realtors #645602 Report a problem
    6/12/2010Listed for sale$249,000$259/sqft
    Source: Coldwell Banker Heritage House Realtors #645602 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,229 +13.5%$17,990 +16.7%
    2024$1,083 -14.9%$15,420 -3.6%
    2023$1,273 -3.6%$16,000 +19.6%
    2022$1,319 $13,380 -2.8%
    2021-- $13,770 +5.9%
    2020$1,221 +10.6%$13,000
    2019$1,104 $13,000 +7.4%
    2018$1,104 $12,100
    2017$1,104 -0.2%$12,100 +4.4%
    2016$1,106 +18.9%$11,590
    2015$930 $11,590 +3.3%
    2014-- $11,220
    2013-- $11,220 -15.1%
    2012-- $13,210
    2011-- $13,210 -15.3%
    2010-- $15,590
    2009-- $15,590 +2.1%
    2008-- $15,270
    2007-- $15,270 +23.6%
    2005-- $12,350
    Find assessor info on the county website

    Neighborhood: 81122

    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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    With Zillow Showcase(estimated)
    $402,900