$16,495,000
$1M PRICE DROP

2500 County Road 505 Bayfield, CO 81122

Estimated payment $90,607/month

Total Views 35,091
7 Beds
8 Baths
9,551 Sq Ft
$1,727 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Mountainous Lot
  • Pond

About This Home

Pine Ridge Ranch is a truly remarkable piece of property! With its vast area of 1,379 acres, serene privacy, breathtaking views, and unparalleled access to nature's beauty, it is a working ranch paradise. The ranch comprises 779 acres that are deeded and span seven separate parcels, while an additional 600 acres of leased state land completes the property. The ranch features various improvements that include a 5,340 square foot primary residence that has undergone recent renovations, an 1,853 square foot guest house, a 2,358 square foot caretaker residence, a 8-stall horse barn with a heated bathroom and tack room, multiple paddocks and corrals, outdoor arena and round pens, a 2-bay equipment/workshop, a 60x60 steel haybarn, and multiple loafing sheds. With meadows, ponds, woodlands, and mountainside parks all in one place, it provides a beautiful and varied landscape to explore. Additionally, there's abundant wild game including large resident herds of elk, mule deer, black bear, mountain lion, lynx, bobcat, coyote, red tail hawks, eagles, wild turkey, ducks, and a host of other sporting birds. The private access to this retreat is unrivaled by its network of horseback riding and ATV trails crisscrossing the terrain, making the entire property easily accessible. This extensive network of trails offers endless opportunities for adventure and exploration. The primary residence is surrounded by an expansive and well-manicured landscape with automatic sprinkler systems, drip irrigation, river rock walls, gardens, flagstone walkways, and patios. The extensive covered outdoor living area with an outdoor wood-burning river rock fireplace and multiple patio heaters is perfect for year-round entertainment. As you step inside, the impressive log foyer with high ceilings sets the tone for the rest of the house. The private master suite features a cozy den with a fireplace, spacious bathroom with dual vanity’s, soaking tub, shower, two walk-in closets, and has a private deck with a hot tub. The great room boasts floor-to-ceiling windows with stunning views, large stone wood burning fireplace and multiple seating areas perfect for entertaining guests. The gourmet kitchen is a true masterpiece, designed to be the heart of the home and the perfect gathering spot for family and friends. Equipped with top-of-the-line Sub Zero appliances, professional Thermador gas range, double oven, expansive granite counters with double stainless sink and adjacent butler's pantry, complete with a prep sink, dishwasher, laundry chute, and a dumbwaiter that leads to the garage level. The main level also features a spacious guest bedroom and office with built in shelving and its own private deck. The lower level is dedicated to entertainment, offering a family room with a full-service bar, billiards, and a large wine cellar. The nearby guest house is a two-level structure that exudes charm and character. The lower level comprises a spacious kitchen, living room, dining room, two bathrooms, and a cozy bedroom. The upper level features an open bunkroom with comfortable sleeping accommodations for up to ten people. The house features wide knotty pine and Saltillo floors that add to its rustic charm, while the river rock fireplace, generous use of peeled logs, and tongue and groove aspen ceiling create a warm and inviting atmosphere. The recently remodeled caretaker residence was thoughtfully designed and consists of three bedrooms with three bathrooms and has all the modern amenities needed. It has its own access road off CR 505 and is located just south of the main entrance to Pine Ridge Ranch, allowing for maximum privacy while still being connected to the property. The location of Pine Ridge Ranch allows easy access to downtown Bayfield, just 10 minutes away, and less than 30 minutes from historic downtown Durango where you will also find shops, galleries, museums, fine dining options, and attractions.

Listing Agent

Zach Morse

Legacy Properties West Sotheby's International Realty Listed on: 06/01/2023

Listing Provided By

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,767

Bedrooms and Bathrooms

  • 7 Bedrooms

Additional Features

  • Pond
  • Mountainous Lot
  • Horses Allowed On Property
  • Gas Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,767

Lot Details

0

Listing Details

  • Bedrooms: Beds: 7
  • BathsCombined: 5
  • Office Phone: 970-410-6052
  • Listing Website: https://www.land.com/property/2500-county-road-505--bayfield-colorado-81122/17179290/
  • Property Type: Residential
  • Property Sub-Type: Single-family Detached
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No
  • Full Bathrooms: 5
  • Half Bathrooms: 3

Exterior Features

  • Pond: True

Lot Info

  • Lot Description: Horses Permitted, Tank/Pond, Mountain

Multi Family

  • Utilities Available: Gas Avail. On Site

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $8,767 $164,390 $5,160 $159,230
2024 $7,945 $140,100 $5,150 $134,950
2023 $7,945 $143,920 $5,150 $138,770
2022 $7,262 $148,190 $5,150 $143,040
2021 $7,665 $127,100 $5,520 $121,580
2020 $6,921 $118,480 $5,270 $113,210
2019 $6,725 $118,480 $5,270 $113,210
2018 $6,543 $117,480 $5,220 $112,260
2017 $6,667 $119,260 $5,220 $114,040
2016 $6,181 $110,160 $4,900 $105,260
2015 $5,011 $110,160 $4,900 $105,260
2014 $5,011 $110,870 $5,280 $105,590
2013 -- $110,870 $5,280 $105,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Price Changed $16,495,000 0.0% $1,727 / Sq Ft
08/05/2025 08/05/25 Price Changed $16,495,000 -8.1% $1,727 / Sq Ft
03/12/2025 03/12/25 For Sale $17,950,000 0.0% $1,879 / Sq Ft
03/12/2025 03/12/25 For Sale $17,950,000 0.0% $1,879 / Sq Ft
02/19/2024 02/19/24 Price Changed $17,950,000 +8.8% $1,879 / Sq Ft
02/19/2024 02/19/24 Price Changed $16,495,000 -6.8% $1,727 / Sq Ft
06/01/2023 06/01/23 For Sale $17,695,000 +152.8% $1,853 / Sq Ft
09/15/2020 09/15/20 Sold $7,000,000 -9.4% $973 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $7,725,000 -- $1,074 / Sq Ft

Purchase History

Date Type Sale Price Title Company
Warranty Deed $6,780,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Open $5,250,000 Commercial
Source: Public Records

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