Property
ActiveResidential
1/50
$750,000

148 Black Bear Lane

Bayfield, CO 81122
3
Beds
2
Baths
2,268
SqFt
0.4
Acres
RECOLORADO
#5819241
Updated: Jun 12, 2026, 2:00pm

Property Description

Furnished, STR-friendly waterfront home represents a rare opportunity to own a slice of alpine paradise in Vallecito. Stylish home on the quiet back side of Vallecito Lake with rare water-front Vallecito Creek frontage and no HOA. This well-lit three-bed, two-bath retreat offers both comfort and versatility, with a layout that works beautifully as a primary residence, vacation home, or income-producing property.
The lock-off loft, complete with a pool table, and private entrance, has a history as a short-term rentals, and the tiny home near the creek is ideal for guests or additional income. An insulated shed provides a perfect hobby space, gym or overflow storage, and three additional outbuildings offer room for tools, gear, and outdoor vehicles such as ATVs.
Large windows on the lower level fill the home with natural light, while the expansive deck features a concealed hot tub for relaxing evenings under the pines. Follow the steps down to a riverfront fire pit for peaceful mornings or summer nights by the water.
Importantly, the property is NOT located in a designated FEMA flood zone, offering peace of mind rarely found with waterfront homes. The property is just 0.5 miles from the 19.5-mile Vallecito Trail, which leads directly into the Weminuche Wilderness and offers exceptional access to hiking, fishing, and outdoor recreation.
This unique property blends mountain charm with practical flexibility.
Photos taken in 2023 and June 2026.
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Included Appliances
CooktopDouble OvenDryerElectric Water HeaterFreezerMicrowaveRefrigeratorWasher

Property Details

Interior
Above Grade Finished Area
2168
Appliances
CooktopDouble OvenDryerElectric Water HeaterFreezerMicrowaveRefrigeratorWasher
Basement
Unfinished
Below Grade Unfinished Area
100
Building Area Total
2268
Cooling
None
Fireplace Features
Free StandingWood Burning
Fireplaces Total
1
Flooring
Cork
Furnished
Furnished
Heating
ElectricRadiantWood Stove
Interior Features
Eat-in KitchenOpen FloorplanRadon Mitigation System
Laundry Features
In Unit
Living Area
2168
Room Count
9
Security Features
Smoke Detector(s)
Window Features
Bay Window(s)
Construction
Additional Living Structure
Yes
Also Marketed As
Residential IncomeResidential
Building Area Source
Public Records
Construction Materials
StoneWood Siding
Direction Faces
South
Is Incorporated
Yes
Levels
Two
Livable Structure Count
3
Out Building Count
3
Roof
Metal
Structure Type
House
Year Built
1981
Site & Exterior
Exterior Features
BalconyBarbecueFire PitSpa/Hot Tub
Garage Spaces
1
Issued Well Permit Numbers
11736--A
Lot Features
Corner LotMountainous
Lot Size Acres
0.4
Lot Size Area
0.4
Lot Size Square Feet
17424
Lot Size Units
Acres
Offstreet Spaces
2
Out Building Number Of
3
Parking Features
ConcreteGuest
Parking Total
4
Patio And Porch Features
CoveredDeckWrap Around
Power Production Count
Yes
R V Spaces
Yes
Road Frontage Type
Year Round
Sewer
Septic Tank
Utilities
Electricity Available
View
Mountain(s)Water
Water Included
Yes
Water Source
Well
Waterfront Features
StreamWaterfront
Well Type
Private
Well Usage
Domestic
Financials
Contract Earnest Check To
Land Title
Exclusions
Fire wood in trash shed.
Ownership
Individual
Parcel Number
R007892
Special Listing Conditions
None
Tax Annual Amount
2735
Tax Legal Description
SUBDIVISION: HAPPY SCENES S/D #2 BLOCK: 0 LOT: 44 HAPPY SCENES SUB #2 148 BLACK BEAR LN BAYFIELD 81122
Tax Year
2024
Title Company
Land Title

Neighborhood & Lifestyle

Community & Association
Senior Community
No
Subdivision Name
SUBDIVISION: HAPPY SCENES S/D #2 BLOCK: 0 LOT: 44
Schools
Ratings
Elementary
Bayfield
Middle
Bayfield
High
Bayfield
Elem. District
Bayfield 10 JT-R
Middle District
Bayfield 10 JT-R
High District
Bayfield 10 JT-R
Listing provided courtesy of RECOLORADO via IDX. Updated: Jun 12, 2026, 2:00pm.
Kate Vumbaco

Listing Agent

RE/MAX Alliance

Call Agent