1220 County Road 501, Bayfield, CO 81122
1220 County Road 501, Bayfield, CO 81122
1220 County Road 501, Bayfield, CO 81122
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$900,000
Est. payment /mo
40 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 840263

Annual Tax Amount $9,714

Tax Year 2026

Lot Size 40.000 Acres

Acres 40.0

Property Sub-Type Residential

Property Description

40 acres in the county but the Town of Bayfield is wanting to annex this into city limits for development. Borders 622 acres of Colorado State Land to the north. Currently there are No Covenants and No HOA. DEVELOPMENT POTENTIAL: Commercial opportunities such as places of worship, daycare facilities, and senior or assisted living could likely be approved for development by the Bayfield Planning Department. Residential development use by right includes 43 single family homes in R-40 zoning, 87 single family homes in R-20 zoning, 174 single family homes in R-10 zoning, or 871 multi-family units. The town of Bayfield has confirmed that water and sewer taps are available for development. TAX SAVINGS: With neighboring parcels being 1/4 acre in size, combined with the fact that Bayfield needs housing and this property borders town limits, there's a huge opportunity here for a Conservation Easement play where an investor could potentially received hundreds of thousands of dollars in tax credits.

Location

State CO

County La Plata

Zoning Commercial,Residential Multi Family,Residential Single Family

Rooms

Dining Room No

Exterior

Utilities Available Electricity Near, Natural Gas Near, Phone Near

View Mountains, Valley

Building

Sewer Sewer Tap Available

Water Public

Schools

Elementary Schools Bayfield K-5

Middle Schools Bayfield 6-8

High Schools Bayfield 9-12


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Colorado Real Estate Network (CREN) + Sold
Listed by Wells Group Real Estate

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1220 County Road 501

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