Price
$ 675,000

18, 20 & 22 W Vallecito Creek Road, Bayfield, CO 81122  
  • 9 beds
  • 6 baths
  • 3,200 sqft

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

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!!

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Listing Type
Single Family
Listing ID
731475
Bedrooms
9
Bathrooms
6
House Size
3,200
Lot Size
1.78 Acres
Listing Status
Active
Year Built
1969
County
La Plata
Full Bath
6
Subdivision
Grimes Creek
School District 1
Bayfield K-5
School District 2
Bayfield 6-8
School District 3
Bayfield 9-12
Taxes
1060.96
TaxYear
2016
Listing courtesy of Terrie Troutman~RE/MAX Pinnacle
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX PINNACLE
    111 W College Dr Durango, CO 81301 | Phone: (970) 259-2255
    License #: 40000596
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.