Waterfront
Listed By:
RE/MAX Alliance
Address
148 Black Bear Lane, Vallecito Lake-Bayfield, CO
Price
$ 750,000
Property Attributes
  • MLS#834016
  • TypeSingle Family
  • Listing Status Active
  • CountyLA PLATA
  • CityVallecito Lake-Bayfield
  • AreaVallecito
  • NeighborhoodHappy Scenes
  • Zip81122
  • Style
  • Year Built1981
  • Taxes$ 3864
  • Price$ 750,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2168
  • Lot Size0.4 Acres
Data Source:
Colorado Real Estate Network (CREN)
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.

Elementary School Middle School High School
Bayfield K-5 Elementary School Bayfield 6-8 Middle School Bayfield 9-12 High School
Price History
4/29/2026 Listed $775,000
6/12/2026 4$750,000

General Features

Possession Delivery of Deed
Garage Detached Garage
Status Active
Bathrooms 2
Year Built 1981
Subdivision Happy Scenes
County La Plata
Class RESIDENTIAL
Type Stick Built
Tax Year 2025
FIPS Code 08067
HOA Y/N No
New Construction Y/N No
Status Active
Sale/Rent For Sale
Energy Star Qualified Y/N No
Green Certification Y/N No
HERS Rated Y/N No
LEED for Homes Y/N No
Other Green Cert. Y/N No
Directions 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
High School Bayfield 9-12
City Vallecito Lake/Bayfield
List Price/SqFt 345.94
Elementary School Bayfield K-5
Middle School Bayfield 6-8
Branded Virtual Tour https://unbranded.visithome.ai/f5j9XKgyQv4ZtufciK7Xp9?mu=ft&t=1780954664
DOM 145
Price Per Sq Ft Total AG 345.94
Property Attached Y/N No

Interior Features

Furnished Y/N Furnished
Beds 3
Full Baths 2
SqFt Source County Rec

Exterior Features

Waterfront Creek
Lot Size Area 0.4
Garage Capacity 2
RV Parking Yes
Water Well Yes
Waterfront Yes
Garage Y/N Yes
Carport No
Water Rights/Irrig. No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 81122

Price
AVG $1.1M
$750K
Taxes
AVG $2,733
$3,864
Year Built
AVG 1994
1981
Visits
AVG 54
66
Data Provided by Inside Real Estate®

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