$3,985,000
$815K PRICE DROP

43189 Us Highway 160 Bayfield, CO 81122

Estimated payment $21,867/month

Total Views 17,717
153.23 Acres
$26,007 Price per Acre
6,674,698 Sq Ft Lot

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Cattle
  • 153.23 Acre Lot
  • Wooded Lot
  • 43 Irrigated Acres

About This Lot

ATTENTION DEVELOPERS, BUILDERS, INVESTORS AND BUSINESSES - Bayfield East is a 153.231 acre property comprised of four separate but contiguous tracts of land. Currently planned for 300+/- single-family lots, 100 +/- multi-family units, grocery store, hotel and mixed commercial use. The Property exists on the eastern periphery of the Town of Bayfield and is NOW ANNEXED into the Town of Bayfield as a PUD. Approximately, 1,469 lineal feet of frontage along US Highway 160 East presents visibility and commercial development potential. Approval has been granted by CDOT to “break the A-Line” AN ACCESS PERMIT is pending for a signalized, full movement intersection of North Bayfield Parkway and US Highway 160 East. East and West connectivity and access is also available in multiple streets within the Town of Bayfield - East Colorado Drive, East Oak Drive, East Mesquite Drive. North Bayfield Parkway, as proposed, affords access from the intersection with US Highway 160 East to East Oak Drive . The proposed extension of MacDonald Drive allows connectivity in a North/South pattern from North Bayfield Parkway to Dove Ranch Road. CDOT traffic counts indicate that in 2018 8,600 vehicles per day (VPD) passed the Property on US Highway 160 East. A nominal amount of irrigation water may be conveyed with the Property and will most likely be transferred to the Town of Bayfield in any annexation/development effort. Existing infrastructure such as a 12” water main, electricity and telephone are either crossing or abutting the Property. 8” sewer lines, natural gas lines and fiber optics are located in the CDOT right-of-way and various other connecting Town of Bayfield Streets, as well as the proposed intersection of North Bayfield Parkway and US Highway 160 East. The Town of Bayfield completed an expansion to its waste water treatment facility in 2010. In 2016 the Town completed an expansion to its domestic water treatment facility. Adjoining uses include R-10 Residential, School, Business, vacant land and US Highway 160 East. The Bayfield School District has agreed to participate in the Intersection/Bayfield East Improvements and is actively involved in the North Bayfield Parkway extension to ensure improved access to the new Elementary School and the Middle School. Current Owners have considerable survey data, topographical data and entitlement information available to qualified interested parties. Bayfield East is available for sale, in part or whole, and the Owners may consider a joint venture or participation scenario with a qualified developer(s).

Listing Agent

Derek McCoy

McCoy & Company Listed on: 01/05/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,869

Lot Details

  • 153.23 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned Commercial, Residential Multi Family

Property Views

  • Mountain
  • Valley

Schools

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

Farming

  • 43 Irrigated Acres
  • Cattle
  • Hogs
  • Sheep or Goats

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Heating System Powered By Leased Propane
  • Irrigation Water Rights
  • Well
  • Internet Available
  • Phone Available

Listing and Financial Details

  • Security Deposit $50,000
  • Assessor Parcel Number 567701400017

Property Details

Property Type

Land

Est. Annual Taxes

$9,869

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title Company
  • Fronts: US Highway 160
  • Legal Lot Block: Tract of Land in Sections 1 & 12, Township 34 North, Range 7 West. See Exhibit A in Additional Provisions.
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Size Acreage: 101-200 Acres
  • Parcel Id Number: 567701400017
  • Property Description: Wooded Lot, Boundaries Surveyed
  • Street Descriptionaccess: State Highway, Paved
  • Zoning: Commercial, Residential Multi Family, Residential Single Family
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Domestic Well, Tap Available
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Irrigation Acres: 43
  • Estimated Total Acres: 153.23
  • Current Property Use: Residential Single Family
  • Em Deposit: 50000
  • Possible Property Use: Commercial, Residential Single Family, Mountain Recreation, Grazing(no Irrigation), Horses, Recreation
  • Water Rights Irrigation: Yes
  • Irrigation Systemrights: Well
  • Irr Water Descamnt: 23 Shares
  • Mineral Rights: Unknown
  • Price Acre: 26006.66
  • Topography: Level, Sloped, Rolling
  • Modularmobile Allow: Both
  • Outbuildngsstructures: Metal Building
  • Price per Sq Ft: 0.6
  • Sewer Tap Avail: Yes
  • Water Tap Available: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 9869
  • Prop Description Remarks: ATTENTION DEVELOPERS, BUILDERS, INVESTORS AND BUSINESSES - Bayfield East is a 153.231 acre property comprised of four separate but contiguous tracts of land. Currently planned for 300+/- single-family lots, 100 +/- multi-family units, grocery store, hotel and mixed commercial use. The Property exists on the eastern periphery of the Town of Bayfield and is NOW ANNEXED into the Town of Bayfield as a PUD. Approximately, 1,469 lineal feet of frontage along US Highway 160 East presents visibility and commercial development potential. Approval has been granted by CDOT to “break the A-Line” AN ACCESS PERMIT is pending for a signalized, full movement intersection of North Bayfield Parkway and US Highway 160 East. East and West connectivity and access is also available in multiple streets within the Town of Bayfield - East Colorado Drive, East Oak Drive, East Mesquite Drive. North Bayfield Parkway, as proposed, affords access from the intersection with US Highway 160 East to East Oak Drive . The proposed extension of MacDonald Drive allows connectivity in a North/South pattern from North Bayfield Parkway to Dove Ranch Road. CDOT traffic counts indicate that in 2018 8,600 vehicles per day (VPD) passed the Property on US Highway 160 East. A nominal amount of irrigation water may be conveyed with the Property and will most likely be transferred to the Town of Bayfield in any annexation/development effort. Existing infrastructure such as a 12” water main, electricity and telephone are either crossing or abutting the Property. 8” sewer lines, natural gas lines and fiber optics are located in the CDOT right-of-way and various other connecting Town of Bayfield Streets, as well as the proposed intersection of North Bayfield Parkway and US Highway 160 East. The Town of Bayfield completed an expansion to its waste water treatment facility in 2010. In 2016 the Town completed an expansion to its domestic water treatment facility. Adjoining uses include R-10 Residential, School, Business, vacant land and US Highway 160 East. The Bayfield School District has agreed to participate in the Intersection/Bayfield East Improvements and is actively involved in the North Bayfield Parkway extension to ensure improved access to the new Elementary School and the Middle School. Current Owners have considerable survey data, topographical data and entitlement information available to qualified interested parties. Bayfield East is available for sale, in part or whole, and the Owners may consider a joint venture or participation scenario with a qualified developer(s).
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Valley

Utilities

  • Utilities: Electricity, Phone, Natural Gas Near, Internet, Propane-Tank Leased
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Sourcegas
  • Irrigation Water District: PRID
  • Water Supplier: Town Of Bayfield

Schools

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

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2018

MLS Schools

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

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 $3,390 $38,280 $23,630 $14,650
2024 $2,806 $49,470 $37,420 $12,050
2023 $2,806 $52,650 $39,830 $12,820
2022 $2,919 $67,580 $55,170 $12,410
2021 $3,040 $50,410 $40,220 $10,190
2020 $2,881 $49,320 $40,220 $9,100
2019 $2,799 $49,320 $40,220 $9,100
2018 $2,672 $47,970 $39,150 $8,820
2017 $2,682 $47,970 $39,150 $8,820
2016 $2,068 $36,860 $28,520 $8,340
2015 $1,355 $29,890 $24,270 $5,620
2014 $1,355 $29,970 $24,530 $5,440
2013 -- $29,970 $24,530 $5,440
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Price Changed $3,985,000 -0.1% --
12/09/2021 12/09/21 Price Changed $3,990,000 -16.9% --
01/05/2021 01/05/21 For Sale $4,800,000 -- --
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $800,000 Clt
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,158,750 Stand Alone Refi Refinance Of Original Loan
Closed $700,000 Seller Take Back
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 777447

Colorado Real Estate Network (CREN)

APN: R023776