NOT LISTED FOR SALE

541 County Road 175 Bayfield, CO 81122

Estimated Value: $660,000 - $982,000

2 Beds
2 Baths
1,718 Sq Ft
$463/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $725,000 $422 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,431/month

167 Days on Market

Highlights

  • Horses Allowed On Property
  • River Front
  • Lake View
  • Pagosa Springs Middle School Rated 9+
  • Home fronts a pond
  • Ranch Style House

About This Home

As of May 2024

Don't miss this rare river-front homestead in Pagosa Springs, CO. Available for the first time in over 45 years, this property offers the unique combination of river frontage, no HOA, stocked fishing pond, irrigated hay meadow and beautiful views, all packed in a setting (8+ acres) that you can afford. This property is located west of Pagosa Springs near Chimney Rock National Monument. Enjoy quality fishing with ~140 feet both sides of the Piedra River and a private fishing pond shared with the neighbor to the north. Continuously fed by cold, clear river water, the pond is known to produce trophy trout. Apple and Peach trees in the front yard survive well in this area long recognized as a “Banana Belt”, with a microclimate conducive to fruit trees and highly productive gardens. Whether you have a green thumb or just want a riverfront show-piece, the 0.75 CFS of water rights are more than enough to irrigate your garden, hay crop, and yard. The existing 2 bed/2 bath home will need significant work, yet still offers buyers an immediate home-base which can be fixed up or utilized as your temporary accommodation while you launch your new dream home elsewhere on the property. The home and the east hay meadow (most recently alfalfa/grass mix) sit slightly elevated with north and south views of irrigated Piedra River valley. To the west the property straddles the Piedra river and is blanketed by towering cottonwood trees. Looking west, bright yellow and gold canopies back to a sheer hillside towering nearly 500 feet above the river bottom. For those who travel, this easily accessible property is less than a mile from Hwy 160 and only 40 minutes to a commercial airport in Durango, CO. Pagosa Springs, CO is a recreation destination known for its namesake hot spring pools, hiking, biking, rafting, offroading, and nearly every manner of outdoor adventure. Nearby Wolf Creek Ski Area routinely boasts the most snow in Colorado while typically avoiding the perpetual crowds found at other more well-known resorts.

Last Agent to Sell the Property

Matt Ford

Pagosa Land Company Listed on: 10/26/2023

Last Buyer's Agent

Lauri Heraty

Engel & Völkers

Engel & Völkers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,846

Year Built

  • Built in 1973

Lot Details

  • 8.08 Acre Lot
  • Home fronts a pond
  • River Front
  • Back and Front Yard Fenced
  • Sprinkler System
  • Property is zoned Agriculture

Property Views

  • Lake
  • Creek or Stream
  • Valley

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,718 Sq Ft Home
  • Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Pagosa Springs K-4 Elementary School
  • Pagosa Springs 5-8 Middle School
  • Pagosa Springs 9-12 High School

Farming

  • 5 Irrigated Acres
  • Pasture
  • Cattle
  • Hogs
  • Sheep or Goats

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Well
  • Septic Tank
  • Septic System
  • Internet Available
  • Phone Available

Additional Features

  • Shed
  • Horses Allowed On Property

Community Details

  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 568917200004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,846

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Estimated Irrigation Acres: 5
  • Estimated Total Acres: 8.08
  • Class: RESIDENTIAL
  • Em Deposit: 15000
  • Em Holder: Closing Agent
  • Exterior Inclusions: Shed/Storage, Irrigation Water, Lawn Sprinklers, Irrigation Pump
  • Fronts: County Road 175
  • Horse Setup: Yes
  • Legal Lot Block: Lengthy - See MLS docs or contact listing broker for legal description. Final legal description to be that included in the final, accepted title commitment prior to Closing.
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep, Swine
  • Lot Size Acreage: 5-9.99
  • Parcel Id Number: 568917200004
  • Price Per Sq Ft: 422
  • Property Description: Pasture, Foothills
  • Real Estate Included: Yes
  • Realist Id: 568917200004
  • Residence Stories: One Story
  • Residence Style: Ranch
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 422
  • Street Descriptionaccess: County, Gravel, Public, Public Winter Maintenance
  • Waterfront Type: River, Pond
  • Zoning: Agriculture
  • Type: Stick Built
  • Internet Provider: Starlink
  • Internet Service: Yes
  • Total Taxes Dollar: 1846.45
  • Year Built: 1973
  • Foreign Owned Y N: No
  • Prop Description Remarks: Don't miss this rare river-front homestead in Pagosa Springs, CO. Available for the first time in over 45 years, this property offers the unique combination of river frontage, no HOA, stocked fishing pond, irrigated hay meadow and beautiful views, all packed in a setting (8+ acres) that you can afford. This property is located west of Pagosa Springs near Chimney Rock National Monument. Enjoy quality fishing with ~140 feet both sides of the Piedra River and a private fishing pond shared with the neighbor to the north. Continuously fed by cold, clear river water, the pond is known to produce trophy trout. Apple and Peach trees in the front yard survive well in this area long recognized as a “Banana Belt”, with a microclimate conducive to fruit trees and highly productive gardens. Whether you have a green thumb or just want a riverfront show-piece, the 0.75 CFS of water rights are more than enough to irrigate your garden, hay crop, and yard. The existing 2 bed/2 bath home will need significant work, yet still offers buyers an immediate home-base which can be fixed up or utilized as your temporary accommodation while you launch your new dream home elsewhere on the property. The home and the east hay meadow (most recently alfalfa/grass mix) sit slightly elevated with north and south views of irrigated Piedra River valley. To the west the property straddles the Piedra river and is blanketed by towering cottonwood trees. Looking west, bright yellow and gold canopies back to a sheer hillside towering nearly 500 feet above the river bottom. For those who travel, this easily accessible property is less than a mile from Hwy 160 and only 40 minutes to a commercial airport in Durango, CO. Pagosa Springs, CO is a recreation destination known for its namesake hot spring pools, hiking, biking, rafting, offroading, and nearly every manner of outdoor adventure. Nearby Wolf Creek Ski Area routinely boasts the most snow in Colorado while typically avoiding the perpetual crowds found at other more well-known resorts.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Bedrooms: 2
  • Flooring: Carpet-Partial
  • Estimated Total Sq Ft: 1718
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Foundation: Block, Concrete
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Partial Property, Fenced - Back, Fenced - Front
  • Construction Type: Wood
  • Exterior Structures: Metal Building, Shed
  • Roof: Metal
  • Views: Valley, Stream/River, Lake/Pond/Reservoir
  • Waterfront: Yes

Utilities

  • Utilities: Electric, Propane-Tank Leased, Phone - Landline
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: AAA Propane, Inc.
  • Heating System: Forced Air, Fireplace
  • Irrigation Water Description Amount: 0.75 CFS - call listing broker
  • Irrigation Water District: None - owns water rights
  • Sewer Supplier: Septic
  • Water Rights Irrigation: Yes
  • Water Supplier: Well
  • Water Well: Yes

Schools

  • Elementary School: Pagosa Springs K-4
  • Middle School: Pagosa Springs 5-8
  • High School: Pagosa Springs 9-12
  • High School: Pagosa Springs 9-12

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Pagosa Springs K-4
  • Middle School: Pagosa Springs 5-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2008
Sold by
Mcrae John D and Mcrae Margaret E
Bought by
Mcrae John D and Mcrae Margaret E
Current Estimated Value
$795,279

Purchase Details

Closed on
Dec 3, 2002
Sold by
Mcrae John D and Mcrae Margaret
Bought by
Lpea

Purchase Details

Closed on
Jan 1, 1977
Bought by
Mcrae John D and Mcrae Marga
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcrae John D -- None Available
Lpea -- --
Mcrae John D $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcrae Margaret E $498,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2024 05/09/24 Sold $725,000 -5.8% $422 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/12/2024 03/12/24 Price Changed $770,000 -3.1% $448 / Sq Ft
10/26/2023 10/26/23 For Sale $795,000 -- $463 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

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
2024 $1,585 $33,100 $1,200 $31,900
2023 $1,585 $33,100 $1,200 $31,900
2022 $620 $19,080 $1,150 $17,930
2021 $622 $19,700 $1,260 $18,440
2020 $863 $17,410 $1,110 $16,300
2019 $501 $17,410 $1,110 $16,300
2018 $411 $13,720 $1,570 $12,150
2017 $369 $13,720 $1,570 $12,150
2016 $336 $12,200 $1,620 $10,580
2015 -- $12,200 $1,620 $10,580
2014 -- $11,270 $1,190 $10,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 808972

Colorado Real Estate Network (CREN)

APN: 568917200004