$480,000
SOLD JUN 30, 2025

2422 County Road 500 Bayfield, CO 81122

5 Beds
4 Baths
3,808 Sq Ft
12,502 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

14 Days on Market

About This Home

As of June 2025

GREAT INVESTMENT OPPORTUNITY with income already in place! SELLER MOTIVATED. This quintessential Vallecito Lake property has many years of great vacation rental history. It is currently managed as a short term vacation rental and already has renters lined up for the 2025 summer season! Current owners only rent it three months out of the year, however, it is suitable for year round living. If you are looking for a home with space but still feels cozy, then this property is for you! Full of opportunity and versatility. Two spacious living rooms are separated by a roomy kitchen and dining area allowing easy movement and an open great room feel. Both living areas have a fireplace and lovely mountain views. Off the kitchen is a huge game room with a dry bar and another fireplace! The master bedroom and second bedroom along with 3 bathrooms are located on the ground floor. Upstairs has four more large bedrooms and the fourth bathroom. These bedrooms are warmed with their own baseboard heater and thermostat. Tall pine trees dot the large front yard. There is a two car carport and wood shed on the south side of the house. The game room exits behind the home offering quick access to the grill in your backyard! There is a lot of potential as a primary residence, investment property or VRBO. The home can be sold fully furnished. This property is part of the beautiful Vallecito Lake community. The reservoir is over 3.5 miles long and offers great opportunities for fishing, boating, paddle boarding and a host of other water activities. Bordering the Weminuche area of the San Juan National Forest, any outdoor enthusiast will find something to love. It is a short walk to the 19.5 mile Vallecito Trail, taking you directly into the 499,771 acre Weminuche Wilderness.

Last Agent to Sell the Property

Andrea Basye

Bayfield Realty Listed on: 04/16/2025

Last Buyer's Agent

Christina Rinderle

Durango Land and Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1972

Lot Details

  • 0.29 Acre Lot

Parking

  • 2 Carport Spaces

Home Design

  • Stick Built Home

Interior Spaces

  • 3,808 Sq Ft Home
  • Partially Furnished

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Schools

  • Bayfield K-5 Elementary School
  • Bayfield 6-8 Middle School
  • Bayfield 9-12 High School

Utilities

  • Well
  • Septic Tank
  • Internet Available

Community Details

  • Happy Scenes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 537716302015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,884

Year Built

Built in 1972

Lot Details

0.29 Acres

Listing Details

  • Estimated Total Acres: 0.287
  • Class: RESIDENTIAL
  • Em Deposit: 7000
  • Em Holder: Title Company
  • Legal Lot Block: HAPPY SCENES S/D #1 Block:0 Lot: 28 W PT LOT 28, HAPPY SCENES
  • Parcel Id Number: 537716302015
  • Price Per Sq Ft: 126.05
  • Property Attached: Yes
  • Real Estate Included: Yes
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 126.05
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 1883.52
  • Year Built: 1972
  • Foreign Owned Y N: No
  • Prop Description Remarks: GREAT INVESTMENT OPPORTUNITY with income already in place! SELLER MOTIVATED. This quintessential Vallecito Lake property has many years of great vacation rental history. It is currently managed as a short term vacation rental and already has renters lined up for the 2025 summer season! Current owners only rent it three months out of the year, however, it is suitable for year round living. If you are looking for a home with space but still feels cozy, then this property is for you! Full of opportunity and versatility. Two spacious living rooms are separated by a roomy kitchen and dining area allowing easy movement and an open great room feel. Both living areas have a fireplace and lovely mountain views. Off the kitchen is a huge game room with a dry bar and another fireplace! The master bedroom and second bedroom along with 3 bathrooms are located on the ground floor. Upstairs has four more large bedrooms and the fourth bathroom. These bedrooms are warmed with their own baseboard heater and thermostat. Tall pine trees dot the large front yard. There is a two car carport and wood shed on the south side of the house. The game room exits behind the home offering quick access to the grill in your backyard! There is a lot of potential as a primary residence, investment property or VRBO. The home can be sold fully furnished. This property is part of the beautiful Vallecito Lake community. The reservoir is over 3.5 miles long and offers great opportunities for fishing, boating, paddle boarding and a host of other water activities. Bordering the Weminuche area of the San Juan National Forest, any outdoor enthusiast will find something to love. It is a short walk to the 19.5 mile Vallecito Trail, taking you directly into the 499,771 acre Weminuche Wilderness.
  • Subdv Name: Happy Scenes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Estimated Total Sq Ft: 3808
  • Full Bathrooms: 4
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 4
  • Total Office Den: 0

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 2

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: AmeriGas
  • Sewer Supplier: Septic
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: Septic

Schools

  • High School: Bayfield 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Partially Furnished

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Bayfield K-5
  • Middle School: Bayfield 6-8

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2025
Closed on
Jun 23, 2025
Sold by
Lana B Sykes Llc
Bought by
Bunnell Jonathan Peter and Bunnell Meagan Elizabeth
Seller's Agent
Andrea Basye
Bayfield Realty
Buyer's Agent
Christina Rinderle
Durango Land and Homes
List Price
$480,000
Sold Price
$480,000
Views
28
Current Estimated Value
$506,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,996
Avg. Annual Appreciation
8.13%
Original Mortgage
$384,000
Outstanding Balance
$383,014
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$123,982

Purchase Details

Closed on
Jan 14, 2002
Bought by
Sykes Lana B Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $480,000 None Listed On Document
Warranty Deed $190,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2025 06/30/25 Sold $480,000 0.0% $126 / Sq Ft
04/30/2025 04/30/25 Pending -- -- --
04/16/2025 04/16/25 For Sale $480,000 -- $126 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,884 $35,870 $3,660 $32,210
2024 $1,707 $30,100 $2,900 $27,200
2023 $1,707 $33,100 $3,190 $29,910
2022 $1,776 $38,990 $3,380 $35,610
2021 $1,850 $30,670 $3,930 $26,740
2020 $1,582 $27,090 $4,280 $22,810
2019 $1,538 $27,090 $4,280 $22,810
2018 $1,482 $26,610 $3,560 $23,050
2017 $1,488 $26,610 $3,560 $23,050
2016 $1,665 $29,680 $3,830 $25,850
2015 $1,299 $29,680 $3,830 $25,850
2014 $1,299 $28,740 $3,620 $25,120
2013 -- $28,740 $3,620 $25,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 823017

Colorado Real Estate Network (CREN)

APN: R000524

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