Metro Denver Luxury Homes For Sale

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.

Features
: Electric, Radiant, Wood Stove
: None
: Unfinished
: Water, Mountain(s)
: Wood Burning, Free Standing
: Smoke Detector(s)
: Covered, Deck, Wrap Around
: 4
: Furnished
: Cooktop, Dryer, Microwave, Refrigerator, Washer, Double Oven, Freezer, Electric Water Heater
: Concrete, Guest
: Metal
: Septic Tank
Address Map
CO
La Plata
Bayfield
81122
Black Bear
148
Lane
W108° 27' 4.1''
N37° 28' 4.8''
Additional Information
: Wood Siding, Stone
34
South
From Highway 160 E, take CR 501 for about 18 miles before turning left onto CR 500. Take CR 500 for about 22 miles before turning right on North Bridge Road. Property across the bridge on the left, use front door with cement parking pad, 148 Black Bear Lane.
Bayfield
: Balcony, Barbecue, Fire Pit, Spa/Hot Tub
1
: Cork
1
Bayfield
: Open Floorplan, Eat-in Kitchen, Radon Mitigation System
Yes
Yes
Cash, Conventional, FHA, VA Loan
: Corner Lot, Mountainous
Bayfield
RE/MAX Alliance
R007892
: None
: House
SUBDIVISION: HAPPY SCENES S/D #2 BLOCK: 0 LOT: 44
$2,735
2024
: Electricity Available
: Stream, Waterfront
: Bay Window(s)
04/29/2026
2268
Active
Bayfield 10 JT-R
Bayfield 10 JT-R
In Unit
Bayfield 10 JT-R
06/12/2026
04/29/2026
Well
: Two

SUBDIVISION: HAPPY SCENES S/D #2 BLOCK: 0 LOT: 44

148 Black Bear Lane, Bayfield, CO 81122

3 Bedrooms
2 Total Baths
2,168 Square Feet
$750,000
Listing ID #5819241
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 5819241
Price : $750,000
Bedrooms : 3
Rooms : 9
Total Baths : 2
Full Bathrooms : 2
Square Footage : 2,168 Square Feet
Year Built : 1981
Lot Area : 0.40 Acres
Lot Acres : 0.4
Property Sub Type : Single Family Residence
Status : Active
Originating System Name : REcolorado
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