$675,000
9 beds 6 baths 3,200 sq. ft.
37.443 -107.551

18, 20 & 22 W Vallecito Creek Road Vallecito Lake/Bayfield, CO 81122

$675,000
Est. Monthly $3,432 recalculate
9 beds 6 baths 3,200 sf
 

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Cortez, CO 81321
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18, 20 & 22 W Vallecito Creek Road
Vallecito Lake/Bayfield, CO 81122

Explore This Property

Single Family Detached - Terrie E Troutman, RE/MAX Pinnacle, C: 970-749-4826, terrie.troutman@gmail.com, http://www.terrie.troutman.remaxagent.com: RARE offering for an income property at Vallecito - Three cabins that are each 3BD/2BA on 1.78 acres, all pristine and meticulously maintained. Boletus Creek runs through the property into a large, crystal clear private trout pond. This setting is second to none. Cabins have been extremely popular vacation rentals with established clientele returning year after year. In the 100 day season beginning Memorial Day weekend and ending Labor Day weekend, the occupancy rate has averaged 82% over the past 4 years. Current owners also experience a robust spring and fall shoulder season rental income. Gross rental income has averaged $54,717 over the past 4 years for that short period of time. The owners have operated the cabins on a limited year around basis and experienced excellent results. Numerous options include living in one cabin and renting out the other two to make your mortgage payment; a family retreat; or an income producing investment property. Being sold with furnishings and all of the necessities to operate a successful vacation rental business, all included and ready to go. All of this at beautiful Vallecito Lake and only a short drive from Durango. Check out the reviews on Trip Advisor and Facebook for a small sampling of how much guests love staying here!! Adjacent two parcels-one with a log home and garage with guest apartment on 1.33 acres, and another parcel of .8 acres with incredible mountain views could also be purchased - see MLS #732645. You truly have to see this amazing property to appreciate it, and you won't want to leave!!
MLS # 731475
Courtesy Of RE/MAX Pinnacle

Property Features

  • Amenities: Water Front
  • Architecture Style: Stick
  • Exterior Type: Log
  • Lot Size: 1.78 Acres
  • Roof Type: Unknown
  • Rooms: Bedroom, Full Bath

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $3,432Your estimated monthly payment
    $135,00020% Down Payment
    $675,000 $607,500
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    BAYFIELD ELEMENTARY SCHOOL
    Grades 2-5 | Public School

    BAYFIELD, CO 81122
    511 MUSTANG LN
    970-884-9571
    15.2
    miles

    Total Students 455
    Student Teacher Ratio 15:1

    School Rating

    2 stars View School Details
    Middle School
    BAYFIELD MIDDLE SCHOOL
    Grades 6-8 | Public School

    BAYFIELD, CO 81122
    615 E. OAK, 24 CLOVER DR
    970-884-9592
    14.2
    miles

    Total Students 326
    Student Teacher Ratio 16:1

    School Rating

    3 stars View School Details
    High School
    BAYFIELD HIGH SCHOOL
    Grades 9-12 | Public School

    BAYFIELD, CO 81122
    800 COUNTY ROAD 501
    970-884-9521
    14.2
    miles

    Total Students 355
    Student Teacher Ratio 15:1

    School Rating

    2 stars View School Details

    Local Area Information for Bayfield, CO 81122

    Median Age: 42.6
    Married: 48.9%
    Number of Households: 3,673
    Households with Children: 971
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      The Single Family Detached located at 18, 20 & 22 W Vallecito Creek Road, Vallecito Lake/Bayfield, CO 81122 is currently for sale. 18, 20 & 22 W Vallecito Creek Road, Vallecito Lake/Bayfield is listed for $675,000. This property has 9 bedrooms, 6 full bathrooms, and approximately 3,200 square feet. If the property located at 18, 20 & 22 W Vallecito Creek Road, Vallecito Lake/Bayfield, CO isn't what you're looking for, search Colorado real estate to see other houses for sale in Bayfield.