$889,000
$311K PRICE DROP

493 Mushroom Dr Bayfield, CO 81122

Bayfield Area

Estimated payment $5,103/month

Total Views 2,987
4 Beds
2 Baths
1,771 Sq Ft
$502 Price per Sq Ft

Highlights

  • Home fronts a creek
  • Deck
  • Den with Fireplace
  • Lake View
  • Wood Burning Stove
  • Wooded Lot

About This Home

Located in the prestigious Vallecito Lake area, this custom-built 1,864-square-foot mountain home offers the perfect blend of comfort, recreation, and breathtaking scenery. Situated on TWO lots totaling 1.23 acres, this four-bedroom, two-bath home is designed for both relaxing getaways and year-round living. Extra lot is cleared and landscaped beautifully, and offers the option of an additional home or structure to be built on the property, with space to spare. The spacious, beautiful kitchen opens seamlessly to the living area, featuring a cozy wood-burning stove, plenty of living space and a welcoming dining space all ideal for gathering with family and friends. Two bedrooms are conveniently located on the main level, while two additional large bedrooms occupy the upper floor, all with stunning views of the property. Step outside to enjoy composite decking that surrounds the home, providing magnificent, unobstructed views of the surrounding mountains, pond, towering trees and creek. A custom pond, fed year-round by Grimes Creek, enhances the property’s peaceful mountain setting. Additional features include: -Large two-car garage/workshop -Separate storage shed with pull-through access -Recreational vehicle included with the property -archery area to practice hunting skills, and provide additional fun on the property -Brand new, energy efficient windows -Exterior has been freshly restained -Access to two homeowners’ parks located across the street (no building can occur in future-leaving the stunning mountain views) and to the south, offering convenient access to the north end of the lake. This exceptional property is surrounded by some of Colorado’s finest hunting, fishing, hiking, and outdoor recreation opportunities — all just minutes from the home. This unique property is unlike any other! If you are seeking a thoughtful, intentionally made custom home-look no further. This home did NOT flood with the recent event in Vallecito. The Grimes Creek was flowing across the property, but no water came beyond the pond/hill.

Listing Agent

Cheramy Mayfield

HomeSmart Listed on: 05/15/2026

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,016

Year Built

  • Built in 1982

Lot Details

  • 1.23 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Adjacent to Greenbelt
  • Open Space
  • Split Rail Fence
  • Property is Fully Fenced
  • Landscaped
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $58 Monthly HOA Fees

Property Views

  • Lake
  • Creek or Stream
  • Mountain

Home Design

  • Bungalow
  • Cabin
  • Split Level Home
  • Raised Foundation
  • Metal Roof
  • Wood Siding
  • Cedar Siding
  • Stick Built Home

Interior Spaces

  • 1,771 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Free Standing Fireplace
  • Double Pane Windows
  • Window Treatments
  • Formal Dining Room
  • Den with Fireplace
  • Crawl Space
  • Storm Windows

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Exposure or Shade
  • Ventilation

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Shed

Schools

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

Farming

  • 1 Irrigated Acre

Utilities

  • Vented Exhaust Fan
  • Baseboard Heating
  • Irrigation Water Rights
  • Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 537733202004

Community Details

Overview

  • Association fees include snow removal, road maintenance
  • Vallecito Valley #1 HOA
  • Vallecito Val Subdivision
  • Foothills
  • Property is near a preserve or public land

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,016

Year Built

Built in 1982

Lot Details

1.23 Acres

HOA Fees

$58 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Range Top, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave, Exhaust Fan, Freezer
  • Estimated Irrigation Acres: 1
  • Estimated Total Acres: 1.23
  • Class: RESIDENTIAL
  • Common Facilities: Park
  • Em Deposit: 10,000
  • Em Holder: title company
  • Exterior Inclusions: Shed/Storage, Landscaping, Irrigation Water, Patio, Deck, Storm Windows/Doors, Lawn Sprinklers, Irrigation Pump
  • Indoor Air Quality: Ventilation
  • Interior Inclusions: Wood Stove, Window Coverings, Ceiling Fan(s), W/D Hookup, Granite Counters, Pantry, Walk In Closet, Garage Door Opener
  • Legal Lot Block: Parcel# 5377-332-02-004: Subdivision: VALLECITO VALLEY #1 BLOCK: 0 LOT: 25 VALLECITO VALLEY SUB 493 MUSHROOM DR BAYFIELD 81122 Parcel# 5377-332-02-005: Subdivision: VALLECITO VALLEY #1 Block: 0 Lot: 26 VALLECITO VALLEY SUB #1 515 MUSHROOM DR BAYFIELD 81122 Economic Area 3 - ECON_AREA 3
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 537733202004
  • Price Per Sq Ft: 501.98
  • Property Description: Borders Public Land, Foothills, Adj to Greenbelt, Wooded Lot, Adj to Open Space, Boundaries Surveyed
  • Real Estate Included: Yes
  • Residence Stories: 1.5 Story
  • Residence Style: Cabin, Bungalow, Split-Level
  • Sale/Rent: For Sale
  • Siding: Cedar, Wood
  • Street Descriptionaccess: County, Paved, Gravel, Dirt
  • Street Designation: Drive
  • Tax Account Id: R005606 & R016422
  • Waterfront Type: Creek, Pond
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 2016.12
  • Year Built: 1982
  • Foreign Owned Y N: No
  • Prop Description Remarks: Located in the prestigious Vallecito Lake area, this custom-built 1,864-square-foot mountain home offers the perfect blend of comfort, recreation, and breathtaking scenery. Situated on TWO lots totaling 1.23 acres, this four-bedroom, two-bath home is designed for both relaxing getaways and year-round living. Extra lot is cleared and landscaped beautifully, and offers the option of an additional home or structure to be built on the property, with space to spare. The spacious, beautiful kitchen opens seamlessly to the living area, featuring a cozy wood-burning stove, plenty of living space and a welcoming dining space all ideal for gathering with family and friends. Two bedrooms are conveniently located on the main level, while two additional large bedrooms occupy the upper floor, all with stunning views of the property. Step outside to enjoy composite decking that surrounds the home, providing magnificent, unobstructed views of the surrounding mountains, pond, towering trees and creek. A custom pond, fed year-round by Grimes Creek, enhances the property’s peaceful mountain setting. Additional features include: -Large two-car garage/workshop -Separate storage shed with pull-through access -Recreational vehicle included with the property -archery area to practice hunting skills, and provide additional fun on the property -Brand new, energy efficient windows -Exterior has been freshly restained -Access to two homeowners’ parks located across the street (no building can occur in future-leaving the stunning mountain views) and to the south, offering convenient access to the north end of the lake. This exceptional property is surrounded by some of Colorado’s finest hunting, fishing, hiking, and outdoor recreation opportunities — all just minutes from the home. This unique property is unlike any other! If you are seeking a thoughtful, intentionally made custom home-look no further. This home did NOT flood with the recent event in Vallecito. The Grimes Creek was flowing across the property, but no water came beyond the pond/hill.
  • Subdv Name: Vallecito Val
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 18

Interior Features

  • Dining Room: Kitchen Bar, Separate Dining
  • Bedrooms: 4
  • Flooring: Carpet-Partial, Hardwood, Vinyl
  • Estimated Total Sq Ft: 1771
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Free Standing, Den/Family Room
  • Foundation: Stemwall, Crawl Space
  • Total Office Den: 0

Exterior Features

  • Fence: Split Rail, Full Property
  • Windows: Double Pane, Storm Windows
  • Construction Type: Wood Frame, Wood
  • Exterior Structures: Garage, Shed, Workshop
  • Roof: Metal
  • Views: Lake/Pond/Reservoir, Mountains, Stream/River
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Detached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Internet
  • Electric Supplier: La Plata Electric Association
  • Heating System: Electric Baseboard, Wood Stove
  • Irrigation Water District: Pine River Irrigation
  • Sewer Supplier: Upper Valley Sanitation
  • Water Heater: Electric Water Heater
  • Water Rights Irrigation: Yes
  • Water Supplier: Upper Valley Sanitation

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Snow Removal, Road Maintenance
  • Hoametro Fees: 700
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Vallecito Valley #1

Schools

  • High School: Bayfield 9-12

Green Features

  • Green Efficient: Windows, Exposure/Shade

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025

MLS Schools

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

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,016 $30,380 $7,710 $22,670
2025 $2,016 $31,040 $7,880 $23,160
2024 $1,536 $27,080 $5,480 $21,600
2023 $1,536 $30,050 $6,080 $23,970
2022 $1,626 $31,920 $6,460 $25,460
2021 $1,693 $28,070 $9,120 $18,950
2020 $1,471 $25,190 $8,950 $16,240
2019 $1,430 $25,190 $8,950 $16,240
2018 $1,361 $24,430 $8,680 $15,750
2017 $1,265 $22,620 $8,680 $13,940
2016 $1,403 $25,000 $9,340 $15,660
2015 $1,118 $25,000 $9,340 $15,660
2014 -- $23,040 $8,020 $15,020
2013 -- $23,040 $8,020 $15,020
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2026 08/14/26 Price Changed $889,000 -10.1% $502 / Sq Ft
07/11/2026 07/11/26 Price Changed $989,000 -10.0% $558 / Sq Ft
06/09/2026 06/09/26 Price Changed $1,099,000 -8.4% $621 / Sq Ft
05/15/2026 05/15/26 For Sale $1,199,999 -- $678 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $465,000 Colorado Ttl & Closing Svcs
Warranty Deed $380,000 Colorado Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $372,000 Commercial
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 834757

Colorado Real Estate Network (CREN)

APN: R005606

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