148 Black Bear Lane, Vallecito Lake/Bayfield, CO 81122
Happy Scenes · La Plata County
Key Facts
Description
Furnished, STR-friendly waterfront home represents a rare opportunity to own a slice of alpine paradise in Vallecito. Stylish home on the quiet back side of Vallecito Lake with rare water-front Vallecito Creek frontage and no HOA. This well-lit three-bed, two-bath retreat offers both comfort and versatility, with a layout that works beautifully as a primary residence, vacation home, or income-producing property. The lock-off loft, complete with a pool table, and private entrance, has a history as a short-term rentals, and the tiny home near the creek is ideal for guests or additional income. An insulated shed provides a perfect hobby space, gym or overflow storage, and three additional outbuildings offer room for tools, gear, and outdoor vehicles such as ATVs. Large windows on the lower level fill the home with natural light, while the expansive deck features a concealed hot tub for relaxing evenings under the pines. Follow the steps down to a riverfront fire pit for peaceful mornings or summer nights by the water. Importantly, the property is NOT located in a designated FEMA flood zone, offering peace of mind rarely found with waterfront homes. The property is just 0.5 miles from the 19.5-mile Vallecito Trail, which leads directly into the Weminuche Wilderness and offers exceptional access to hiking, fishing, and outdoor recreation. This unique property blends mountain charm with practical flexibility. Photos taken in 2023 and June 2026.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1981
Living Area
2,168 sq ft
Lot Size
0.40 acres
Garage Spaces
2
MLS® Listing#
834016
Property Features
Lot Features
Water Source
Schools
- Elementary:
- Bayfield K-5
- Middle:
- Bayfield 6-8
- High:
- Bayfield 9-12
Financial Details
HOA
None
Annual Taxes
$3,865
Tax year 2025
Parcel Number
537716303011
Directions
From Highway 160 E, take CR 501 for about 18 miles before turning left onto CR 500. Take CR 500 for about 22 miles before turning right on North Bridge Road. Property across the bridge on the left, use front door with cement parking pad, 148 Black Bear Lane.
Affordability Calculator
$150,000
Estimated monthly payment
$3,992/mo
Principal $600,000 · Est. interest $837,053 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Vallecito Lake/Bayfield, CO
- $686,458
- Median Listing Price
- 86
- Median Days on Market
- 1,928
- Median Sq Ft
- $397
- Median Price / Sq Ft
- 423
- Active Listings
- This home’s price is 9% above the area median.
- Its price per sq ft is 13% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Vallecito Lake/Bayfield, CO.
Location
Points of Interest in Vallecito Lake/Bayfield, CO
Showing the Vallecito Lake/Bayfield area map.
Nearby Schools
Colorado Timberline Academy
School · 14.2 mi away
Bayfield Middle School
Secondary · 15.9 mi away
Bayfield High School
Secondary · 16.0 mi away
Bayfield Intermediate School
Elementary · 16.0 mi away
Animas Valley Elementary School
Elementary · 16.4 mi away
Bayfield School District
School · 16.5 mi away
Bayfield Elementary School
Elementary · 16.9 mi away
Bayfield Primary School
Elementary · 16.9 mi away
Columbine Christian School
Elementary · 19.7 mi away
Animas High School
Secondary · 21.1 mi away
Riverview Elementary School
Elementary · 21.1 mi away
Mountain Middle School
Secondary · 21.3 mi away
Florida Mesa Elementary School
Elementary · 21.5 mi away
The Liberty School
School · 21.5 mi away
Miller Middle School
Secondary · 21.7 mi away
Durango High School
Secondary · 21.7 mi away
Needham Elementary School
Elementary · 21.9 mi away
St. Columba School
Elementary · 22.0 mi away
Animas High School
Secondary · 22.1 mi away
Children's House of Durango, LLC
School · 22.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1175 Pine Tree Drive, Bayfield, CO | $525,000 | 3 | 2 | 1,439 |
| 1001 County Rd 17, Lake City, CO | $527,000 | 3 | 1 | 1,060 |
| 1001 County Rd 17, Lake City, CO | $527,000 | 3 | 1 | 1,060 |
| 1001 CR 17 The Loft, Lake City, CO | $527,000 | 3 | 1 | 1,060 |
| 607 Forest Lakes Drive, Bayfield, CO | $529,000 | 3 | 3 | 2,484 |
| 112 & 136 Spruce Ln, Vallecito Lake/Bayfield, CO | $529,900 | 3 | 2 | 1,652 |
Moving Cost Estimate
EXIT Agents in Vallecito Lake/Bayfield
Listing Courtesy: RE/MAX Alliance - C: 720-246-7575
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Real Estate listings held by companies other than RE/MAX Alliance contain that company's name.
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Date Last Updated
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