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  • $1,229,000

    4979 County Road 502, Bayfield, CO 81122

    3beds
    4,126sqft
    Stick Built
    Built in 1915
    39.8 Acres Lot
    $1,210,600 Zestimate®
    $298/sqft
    $2,985 Estimated rent

    What's special

    This is Colorado living at its finest. A luxury home, barn and other horse setup, private pond, and more sit on nearly 40 acres in Wallace Gulch. As you enter the home, you'll notice the southwestern influences perfectly matched with modern amenities. The dining room draws your eye as you enter as natural light streams in the large windows which also offer expansive views. French doors give access to the back patio and spacious yard. A couple steps down, the living room features a stunning gas fireplace with rock surround that warms the space complete with wood floors, a bay window, and plenty of room for all. Through another, smaller dining nook also warmed by a wood stove, the kitchen is a chef's dream. Alder wood cabinets blend exquisitely with the tile floors and accent the black granite countertops. A large butcher block island is ideal for the extra counter space and bar seating. Stainless steel appliances, farmhouse style sink, ample cabinets, and wet bar area make this area a wonderful gathering space. Double doors lead to a quaint patio area for outdoor dining while a sliding barn door leads to a pantry doubling as a laundry room for extra storage. A bedroom, office/craft room, and 1.25 baths are conveniently located on the main floor. Upstairs, the primary suite boasts three closets; a large bathroom with skylights, dual vanity, soaking tub, and shower; gas stove; floor to ceiling bay window; and a private balcony featuring amazing views. Additionally upstairs there is another large bedroom, a great bunk room that has a sizable bonus room attached extending the living space further. Outside, the horse barn has 3 large stalls - currently set up for two, a tack room, and an attached corral. The property is fenced and cross fenced providing an ideal grazing room. The southwest corner of the property adjoins nearly 1700 acres of BLM land ready for you to explore. The home is only 10 minutes away from Bayfield, conveniences are not hard to come by. Vallecito Reservoir is a mere 25 minutes to the north and Durango is 35 minutes for added shopping, restaurants, and more. Don't miss out on this Colorado horse property with unique touches and great views. The septic tank was replaced in February 2025.

    Zillow last checked: 7 hours ago

    Listing updated: June 05, 2025 at 12:22pm

    Listed by:

    Max Hutcheson 970-769-7392,

    The Wells Group of Durango, LLC

    Bought with:

    Durango NON MEMBER

    NON-MEMBER/FSBO Durango

    Source: CREN,MLS#: 821351MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Dining room
    • Features: Breakfast Nook, Eat-in Kitchen, Kitchen Island, Kitchen Bar, Separate Dining
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range Top, Refrigerator, Washer
    Features
    • Flooring: Carpet-Partial, Hardwood, Tile
    • Has fireplace: Yes
    • Fireplace features: Den/Family Room, Living Room, Other
    Interior area
    • Total structure area: 4,126
    • Total interior livable area: 4,126 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached Garage
    • Garage spaces: 3
    • Carport spaces: 1
    • Covered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    • View description: Mountain(s), Valley
    • Has water view: Yes
    • Water view: Lake/Pond/Reservoir,Stream/River
    • Waterfront features: Creek, Pond
    Lot
    • Size: 39.80 Acres
    • Features: Borders Public Land
    Details
    • Additional structures: Barn(s), Garage(s)
    • Parcel number: 567529400197
    • Zoning description: Residential Single Family
    • Horses can be raised: Yes
    • Horse amenities: Corral(s)

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Stick Built
    Condition
    • New construction: No
    • Year built: 1915

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Connected, Internet, Propane-Tank Leased

    Community & neighborhood

    Location
    • Region: Bayfield
    • Subdivision: Wallace Gulch

    Other

    Other facts
    • Has irrigation water rights: Yes
    Services availability