$795,000
$20K PRICE DROP

601 W Grimes Creek Rd Bayfield, CO 81122

Estimated payment $4,492/month

Total Views 3,310
3 Beds
2.5 Baths
1,970 Sq Ft
$404 Price per Sq Ft

Highlights

  • Deck
  • Wooded Lot
  • Main Floor Primary Bedroom
  • Living Room with Fireplace
  • Cathedral Ceiling
  • Furnished

About This Home

Tranquil and alluring Vallecito property is a perfect vacation spot or fulltime home in beautiful location just north of lake in soothing, wooded setting. Offered as a totally turnkey vacation rental opportunity with reservations and property manager in place, this home comes furnished and has all of the comforts of a primary residence plus all of the amenities needed for vacation rental visitors. Lots of light, open floor plan with primary bedroom suite on main level, wrap around deck, 2 car garage, recently updated roof, furnace, insulation, water heater, tiled entry. Small seasonal creek on the property. Terrific kitchen is appointed with stainless appliances, granite veneer countertops, pantry, disposal, guest conveniences. Quality furnishings include collected antique mountain style decorations, solid/attractive furniture pieces, river rock wood burning fireplace, real wood paneled walls and trim, outdoor furniture for the spacious wrap around deck. Open floor plan, cathedral ceilings and many windows contribute to exquisite sense of space, views, and light. Primary bedroom suite is on main level, and two more upstairs bedrooms are attached to loft family/game room which can also be used for additional sleeping space. This well designed and top-notch appointed home is a very special offering at Vallecito. it is not everyday that one can find the remarkable combination of convenient location, peaceful setting, superb quality, and terrific management. Two car garage is stocked with equipment for property maintenance and is accessed from circular driveway (realtor favorite!). Successful vacation rental history and future is managed by experienced rental company who offers to make transfer of ownership easy and profitable for new owner. All information available to interested Buyers upon request. Outstanding features all found in one place is a rare opportunity for the lucky new owner. l

Listing Agent

Marcy Pryor

Coldwell Banker Mountain Properties Listed on: 06/18/2025

Coldwell Banker Mountain Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,328

Year Built

  • Built in 2003

Lot Details

  • 0.5 Acre Lot
  • Privacy Fence
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding
  • Stick Built Home

Interior Spaces

  • 1,970 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • 1 Home Office
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Outdoor Gas Grill

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Well
  • Water Heater
  • Internet Available

Community Details

  • Association fees include snow removal
  • Ponderosa Homes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 537729101150

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,328

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Estimated Total Acres: 0.5
  • Class: RESIDENTIAL
  • Em Deposit: 25,000
  • Em Holder: Colorado Title Services
  • Exterior Inclusions: Deck, Gas Grill
  • Interior Inclusions: Window Coverings, Cathedral Ceiling, Ceiling Fan(s), Granite Counters, Pantry
  • Legal Lot Block: Ponderosa Homes #3 Block 0, Lot 5, 29-37-6
  • Lot Size Acreage: .5 - .99
  • Parcel Id Number: 537729101150
  • Price Per Sq Ft: 403.55
  • Property Attached: Yes
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Realist Id: 5377-291-01-150
  • Residence Stories: 1.5 Story
  • Residence Style: Log
  • Sale/Rent: For Sale
  • Street Descriptionaccess: Gravel
  • Street Designation: Road
  • Type: Stick Built
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 2327.84
  • Year Built: 2003
  • Foreign Owned Y N: No
  • Prop Description Remarks: Tranquil and alluring Vallecito property is a perfect vacation spot or fulltime home in beautiful location just north of lake in soothing, wooded setting. Offered as a totally turnkey vacation rental opportunity with reservations and property manager in place, this home comes furnished and has all of the comforts of a primary residence plus all of the amenities needed for vacation rental visitors. Lots of light, open floor plan with primary bedroom suite on main level, wrap around deck, 2 car garage, recently updated roof, furnace, insulation, water heater, tiled entry. Small seasonal creek on the property. Terrific kitchen is appointed with stainless appliances, granite veneer countertops, pantry, disposal, guest conveniences. Quality furnishings include collected antique mountain style decorations, solid/attractive furniture pieces, river rock wood burning fireplace, real wood paneled walls and trim, outdoor furniture for the spacious wrap around deck. Open floor plan, cathedral ceilings and many windows contribute to exquisite sense of space, views, and light. Primary bedroom suite is on main level, and two more upstairs bedrooms are attached to loft family/game room which can also be used for additional sleeping space. This well designed and top-notch appointed home is a very special offering at Vallecito. it is not everyday that one can find the remarkable combination of convenient location, peaceful setting, superb quality, and terrific management. Two car garage is stocked with equipment for property maintenance and is accessed from circular driveway (realtor favorite!). Successful vacation rental history and future is managed by experienced rental company who offers to make transfer of ownership easy and profitable for new owner. All information available to interested Buyers upon request. Outstanding features all found in one place is a rare opportunity for the lucky new owner. l
  • Subdv Name: Ponderosa Homes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 18

Interior Features

  • Dining Room: Living Room Dining
  • Bedrooms: 3
  • Estimated Total Sq Ft: 1970
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 1
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 3
  • Family Room: Yes
  • Fireplace Location Type: Living Room
  • Foundation: Basement-unfinished
  • Great Room: Yes
  • Master Bedroom Level: Main Level
  • Total Office Den: 1

Exterior Features

  • Fence: Privacy
  • Construction Type: Log
  • Exterior Structures: Garage
  • Roof: Metal

Garage/Parking

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

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Ferrellgas
  • Heating System: Forced Air
  • Sewer Supplier: Upper Valley Sanitation
  • Water Heater: Electric Water Heater
  • Water Supplier: Well

Condo/Co-op/Association

  • Hoa Inclusions: Snow Removal

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

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2024

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 $2,328 $41,900 $5,810 $36,090
2024 $2,110 $37,200 $4,720 $32,480
2023 $2,110 $40,260 $5,110 $35,150
2022 $1,469 $24,650 $4,260 $20,390
2021 $1,529 $25,350 $4,380 $20,970
2020 $1,436 $24,590 $4,770 $19,820
2019 $1,396 $24,590 $4,770 $19,820
2018 $1,258 $22,590 $6,000 $16,590
2017 $1,263 $22,590 $6,000 $16,590
2016 $1,343 $23,930 $5,780 $18,150
2015 $1,029 $23,930 $5,780 $18,150
2014 $1,029 $22,760 $5,310 $17,450
2013 -- $22,760 $5,310 $17,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $795,000 -2.5% $404 / Sq Ft
06/18/2025 06/18/25 For Sale $815,000 +41.7% $414 / Sq Ft
10/27/2021 10/27/21 Sold $575,000 0.0% $292 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $575,000 -- $292 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $575,000 Colorado Ttl & Closing Svcs
Deed $29,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $517,500 New Conventional
Previous Owner $168,000 New Conventional
Previous Owner $194,830 New Conventional
Source: Public Records

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Source: Colorado Real Estate Network (CREN)

MLS Number: 825588

Colorado Real Estate Network (CREN)

APN: R022624