
550 County Road 502 Bayfield, CO 81122
Estimated payment $10,530/month
Highlights
- River Front
- Deck
- Wooded Lot
- Lake View
- Wood Burning Stove
- Cathedral Ceiling
About This Home
Enjoy the best of riverfront living with this exceptional property on the banks of the Pine River. Most of the main living areas overlook the water, creating a serene and scenic atmosphere throughout the home. The spacious country kitchen, featuring a commercial-grade range, is perfect for the home chef and ideal for entertaining. Adjacent to the kitchen, the bright and airy dining room easily accommodates large gatherings with family and friends. With two separate living areas, the home offers flexibility for relaxation, entertainment, or multi-generational living. A recent addition includes a stunning new main level primary bedroom and en-suite bathroom, offering direct access to outdoor living spaces and picturesque river views. The private bath includes dual sinks, a shower, a separate soaking tub, and a large closet. Upstairs, another ensuite offers a private sanctuary with panoramic views of the river and pastoral valley. This generously sized bedroom is enhanced by a loft area, vaulted ceilings, and a bath offering a dual vanity, clawfoot bathtub, separate shower, and oversized closet. Additional guest rooms provide cozy accommodations for family or visitors. Built in 1998 with energy-efficient straw bale construction, the home offers superior insulation. Outside, the unique property includes a large garden shed (400+ sq ft) and a metal barn/shop (800+ sq ft), perfect for hobbies or storage. Stairs lead down to a riverside deck—ideal for quiet moments or outdoor entertaining. With irrigation rights, the landscaping stays lush year-round, and three distinct patios provide outdoor living spaces to enjoy nearly every season. Across the river, two expansive ranches offer unspoiled views and a natural wildlife corridor. Tucked along the scenic Los Pinos River and just two miles from downtown Bayfield, this exceptional property offers the perfect blend of privacy, natural beauty, and everyday convenience. Enjoy easy access to local amenities—including grocery stores, restaurants, and hardware shops—while feeling worlds away in your private riverside retreat.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,773
Year Built
- Built in 1998 | Remodeled in 2022
Lot Details
- 5.12 Acre Lot
- River Front
- Landscaped
- Irrigation
- Wooded Lot
- Property is zoned Agriculture, Live/Work
Parking
- 1 Car Detached Garage
Property Views
- Lake
- Creek or Stream
- Valley
Home Design
- Farmhouse Style Home
- Straw Bale Home
- Concrete Foundation
- Slab Foundation
- Metal Roof
- Stick Built Home
- Stucco
Interior Spaces
- 4,755 Sq Ft Home
- 2-Story Property
- Partially Furnished
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Stove
- Formal Dining Room
Kitchen
- Double Oven
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
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
- Boiler Heating System
- Heating System Powered By Leased Propane
- Heating System Uses Propane
- Irrigation Water Rights
- Well
- Propane Water Heater
- Septic Tank
- Septic System
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 567702300039
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,773 | $71,090 | $26,310 | $44,780 |
2024 | $3,419 | $60,290 | $22,650 | $37,640 |
2023 | $3,419 | $63,580 | $23,890 | $39,690 |
2022 | $3,035 | $66,370 | $24,940 | $41,430 |
2021 | $2,535 | $42,040 | $18,180 | $23,860 |
2020 | $2,335 | $39,970 | $18,180 | $21,790 |
2019 | $2,269 | $39,970 | $18,180 | $21,790 |
2018 | $2,161 | $38,790 | $17,700 | $21,090 |
2017 | $2,189 | $39,150 | $17,700 | $21,450 |
2016 | $2,316 | $41,280 | $20,460 | $20,820 |
2015 | $1,788 | $41,280 | $20,460 | $20,820 |
2014 | $1,788 | $39,550 | $20,690 | $18,860 |
2013 | -- | $39,550 | $20,690 | $18,860 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/01/2025 07/01/25 | Price Changed | $1,875,000 | -6.2% | $394 / Sq Ft |
06/01/2025 06/01/25 | Price Changed | $1,999,000 | -9.1% | $420 / Sq Ft |
05/06/2025 05/06/25 | For Sale | $2,200,000 | -- | $463 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $520,000 | Land Title Guarantee Co | |
Special Warranty Deed | $485,000 | Land Title Guarantee Company | |
Trustee Deed | -- | None Available | |
Warranty Deed | $15,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $327,000 | New Conventional | |
Closed | $345,000 | New Conventional | |
Previous Owner | $250,000 | Credit Line Revolving |
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Source: Colorado Real Estate Network (CREN)
MLS Number: 823827

APN: R009771
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