Turnkey Colorado Mountain Retreat with Private Lake, Creek Frontage, and Income Potential
48246 Highway 160, Bayfield, CO 81122 | Offered at $815,000
Owning a Colorado mountain property is a dream for many, but finding one that combines multiple residences, proven rental income, private water features, acreage, and complete flexibility is exceptionally rare. Welcome to 48246 Highway 160 in Bayfield, Colorado, a one-of-a-kind 7.11-acre retreat offering a private stocked lake, year-round creek frontage, beautifully updated accommodations, and unlimited possibilities for personal enjoyment or investment.
Located just five minutes east of Bayfield and a short drive from Durango, this remarkable property offers the opportunity to own a turnkey mountain retreat that can serve as a vacation rental business, family compound, corporate retreat, or private getaway in one of Southwest Colorado's most desirable recreational areas.
A Rare Colorado Property That Offers More Than Just a Home
Unlike traditional residential properties, this offering delivers an entire lifestyle.
Situated on over seven acres with paved year-round access, the property combines breathtaking natural beauty with modern improvements and outstanding income potential.
Whether you're searching for an investment property in Colorado, a multi-generational family retreat, or a peaceful place to escape the city, this property offers exceptional versatility.
With no HOA, no restrictive covenants, and ample room for expansion, opportunities like this have become increasingly difficult to find throughout Southwest Colorado.
A Beautiful Spring-Fed Lake at the Heart of the Property
The defining feature of this incredible retreat is the private spring-fed lake.
Approximately 15 feet deep and stocked with fish, the lake creates an unforgettable setting that immediately distinguishes this property from others currently on the market.
Imagine spending your mornings:
- Fishing from your own shoreline
- Walking the lakeside trail
- Watching wildlife gather around the water
- Enjoying peaceful mountain reflections
- Relaxing beside the lake after a day of adventure
The lake provides both recreational enjoyment and tremendous visual appeal throughout every season.
Beaver Creek Flows Year-Round
In addition to the private lake, year-round Beaver Creek winds through the property.
The flowing creek enhances the peaceful mountain atmosphere while supporting an abundance of local wildlife.
Frequent visitors include:
- Mule deer
- Songbirds
- Waterfowl
- Hawks
- Native wildlife
The sound of flowing water combined with mountain scenery creates the kind of Colorado setting buyers often spend years searching for.
Multiple Updated Residences Ready for Immediate Use
Every living space on the property has been thoughtfully renovated with modern finishes, allowing the next owner to immediately enjoy or operate the property.
The improvements include:
Professionally Converted Barn Apartment
The original barn has been transformed into a stylish contemporary apartment that combines rustic character with modern comfort.
The space offers excellent flexibility for:
- Owner occupancy
- Long-term rental
- Vacation guests
- Caretaker housing
- Family accommodations
Three Beautifully Updated Tiny Homes
The property also features three renovated tiny homes ranging from one to three bedrooms.
Each residence offers:
- Updated interiors
- Private outdoor living areas
- Electricity
- New roofing
- Modern finishes
- Comfortable accommodations
These turnkey units are ideal for vacation rentals, extended family, or group retreats.
Proven Vacation Rental Income
For buyers interested in investment opportunities, the property already demonstrates strong income potential.
Historically:
- Cabins have generated approximately $200 per night
- Existing RV site has rented for approximately $850 per month
The property's location near Vallecito Lake, Bayfield, and Durango continues to attract visitors seeking mountain accommodations throughout the year.
Opportunity to Expand Income
One of the most exciting aspects of this property is its future potential.
Because there is:
- No HOA
- No restrictive covenants
- Room for additional RV sites
Future owners may explore expanding income opportunities by adding additional accommodations or recreational amenities, subject to applicable county regulations.
This flexibility is becoming increasingly uncommon in Southwest Colorado.
Turnkey Investment with Modern Improvements
Every structure on the property has received significant improvements.
Features include:
- New roofs
- Strong water pressure throughout
- Electricity to every building
- Updated interiors
- Modern finishes
- Private outdoor spaces
Rather than requiring extensive renovations, this property allows buyers to begin enjoying or operating it immediately.
Endless Possibilities
Few Colorado properties offer this many potential uses.
Possible opportunities include:
- Vacation rental business
- Family compound
- Corporate retreat
- Wellness retreat
- Artist residency
- Fishing retreat
- Wedding venue (subject to approvals)
- Multi-generational living
- Private mountain escape
Whether you're an investor or someone seeking a unique lifestyle property, this retreat adapts to your vision.
Living in Bayfield, Colorado
Living near Bayfield offers the perfect balance of peaceful mountain living and convenient access to everyday amenities.
Bayfield has become one of Southwest Colorado's fastest-growing communities thanks to its friendly atmosphere, outdoor recreation, and larger acreage properties.
Residents enjoy a quieter pace of life while remaining within easy driving distance of Durango.
Outdoor Recreation in Every Season
The location places you close to many of Colorado's premier recreation destinations.
Nearby attractions include:
- Vallecito Lake
- San Juan National Forest
- Pine River
Popular outdoor activities include:
- Fishing
- Boating
- Paddleboarding
- Hiking
- Mountain biking
- ATV riding
- Horseback riding
- Hunting
- Camping
- Snowmobiling
Southwest Colorado is known for its four-season recreation, making this property attractive to both residents and vacation visitors.
Close to Historic Durango
Although surrounded by nature, the property remains only a short drive from Durango.
Residents can easily enjoy:
- Historic downtown shopping
- Local restaurants
- Breweries
- Healthcare
- Schools
- Fort Lewis College
- Durango-La Plata County Airport
The combination of privacy and convenience makes this location especially appealing.
A Property That Continues to Appreciate in Value
Large acreage with private water features has become increasingly scarce throughout Colorado.
Properties offering:
- Private lakes
- Creek frontage
- Multiple residences
- No HOA
- Investment income
- Expansion opportunities
are becoming more difficult to replace each year.
For buyers seeking long-term value, this property represents an exceptional opportunity.

Why 48246 Highway 160 Stands Apart
At $815,000, this unique offering includes:
- 7.11 acres
- Private stocked lake
- Year-round Beaver Creek frontage
- Four updated residences
- Proven rental income
- RV income opportunity
- No HOA
- No covenants
- Expansion potential
- Minutes from Bayfield and Vallecito Lake
Very few Colorado mountain properties offer this combination of recreation, investment, and flexibility.
Your Colorado Mountain Retreat Awaits
Whether you're searching for an income-producing investment, a private family compound, or a mountain retreat unlike anything else on the market, 48246 Highway 160 delivers an extraordinary opportunity.
This is more than real estate. It is a property where mountain living, outdoor recreation, and financial opportunity come together in one unforgettable setting.
View the video tour. Explore the possibilities. Schedule your private showing today.
Recent Posts









Leave a reply
