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Tim Papi


  • Cell 970.759.1871

14697 Cr 501, Vallecito Lake/Bayfield, CO – $415,000

  • 3 Beds
  • 4 Baths
  • 3,367 Sqft
  • 1 Acres
  • 3 Beds
  • 4 Baths
  • 3,367 Sqft
  • 1 Acres

14697 Cr 501

OUTSTANDING LAKE HOUSE WITH PANORAMIC VIEWS. This is perfect to VRBO and has great investment opportunity with its' location and lack of HOA restrictions. Take in these breath-taking views on a daily basis while living in this roomy home close to Durango and Bayfield or have it as a second home to get away from the "hectic life". The floor plan is very desirable with two bedrooms down stairs (one is set up as an office with the closet doors removed), central kitchen with hickory cabinets, lots of solid surface counter space to create delicacies and provide lots of room to gather with your friends and family. The living room itself has a spectacular river-rock fireplace. It will be like a story book scene in the wintertime, sitting by this classic, cozy fireplace with views of the frozen lake, ice fishing and soft falling snow. There is a separate dining room with doors that open up to a huge deck facing Vallecito Reservoir, the marina and mountainous back drop. The expansive deck features a built-in grill and private, spacious set-back area tucked up just outside of the dining room for all of your guests to gather and socialize. Maybe you would rather go out to eat, you don't have to leave the area as Vallecito has close restaurants with frequent musical entertainment. The area also provides other amenities and incredible hiking trails that connect to a million acres of the San Juan National Forest. Do you like four-wheel driving? How about snowmobiling? Try your hand at cross-country skiing. Miles and miles of roads for you to explore both summer and winter. This home has a two car garage and an additional double deep garage bay (Affectionately called the boathouse) that can be used for tons or storage or a magnificent shop. Besides the oversized deck with a large Ponderosa pine tree growing right through it, you have a yard area behind the home for more private gatherings or just for your personal enjoyment. This home has a real charm to it with all of it's wood detail, sunny spaces and wonderful views. Upstairs, the view gets even larger. The huge windows in the spacious family room really frame the piece of heaven seen from this home. The same, beautiful styled fireplace that is in the living room also has a home in this family room. You are not going to want to leave this room. You also have a very large master bedroom still with great views with a spacious walk-in closet and full master bath. There is an additional room upstairs to accommodate your guests, create an exercise room or whatever you choose. There is also a separate attached apartment that you could get to through the main home for additional guests or keep the entrance blocked and use it as a rental. Beauty, comfort, value all here. Come and see for yourself. Regarding the driveway, over the winter we have purchased the two lots immediately to the west of the house. We have contracted with an excavator to make the driveway longer and consequently not near as steep. Work should begin just after Memorial Day (we hope!). Those two lots are not insurable (call me so we can discuss) and they will be conveyed with a bargain and sale deed. Too complicated to explain in MLS. Seller has authorized us to say they are motivated but they are not going to give it away.

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Essential Information

  • MLS® #757998
  • Price$415,000
  • Bedrooms3
  • Bathrooms4.00
  • Full Baths4
  • Square Footage3,367
  • Acres1.00
  • Year Built1969
  • TypeResidential
  • Sub-TypeStick Built
  • StatusUC/Contingent/Call LB

Community Information

  • Address14697 Cr 501
  • AreaVallecito
  • SubdivisionNone
  • CityVallecito Lake/Bayfield
  • CountyLa Plata
  • StateCO
  • Zip Code81122


  • Parking Spaces2
  • GaragesAttached Garage
  • ViewMountains, Lake/Pond/Reservoir
  • WaterfrontLake/Reservoir


  • InteriorCarpet-Partial, Hardwood, Tile
  • Interior FeaturesCeiling Fan(s), Walk In Closet
  • HeatingPropane, Forced Air, Fireplace
  • BasementSlab
  • FireplaceYes
  • FireplacesLiving Room, Den/Family Room
  • StoriesTwo Story


Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Range Top, Double Oven, Exhaust Fan, Oven-Convection


  • ExteriorWood, Stone
  • Exterior FeaturesDeck, Gas Grill
  • RoofMetal
  • ConstructionWood

School Information

  • ElementaryBayfield K-5
  • MiddleBayfield 6-8
  • HighBayfield 9-12

Additional Information

  • Days on Website114
  • ZoningResidential Single Family

Listing Details


The Wells Group of Durango, Inc.

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Price Change History for 14697 Cr 501, Vallecito Lake/Bayfield, CO (MLS® #757998)

Date Details Change
Status Changed from Active to UC/Contingent/Call LB
Price Reduced from $429,000 to $415,000 $14,000 (3.26%)
Price Reduced from $465,000 to $429,000 $36,000 (7.74%)

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