4979 County Road 502 Bayfield, CO 81122
Property details
About 4979 County Road 502
This is Colorado living at its finest. A luxury home, barn and other horse setup, private pond, and more sit on nearly 40 acres in Wallace Gulch. As you enter the home, you'll notice the southwestern influences perfectly matched with modern amenities. The dining room draws your eye as you enter as natural light streams in the large windows which also offer expansive views. French doors give access to the back patio and spacious yard. A couple steps down, the living room features a stunning gas fireplace with rock surround that warms the space complete with wood floors, a bay window, and plenty of room for all. Through another, smaller dining nook also warmed by a wood stove, the kitchen is a chef's dream. Alder wood cabinets blend exquisitely with the tile floors and accent the black granite countertops. A large butcher block island is ideal for the extra counter space and bar seating. Stainless steel appliances, farmhouse style sink, ample cabinets, and wet bar area make this area a wonderful gathering space. Double doors lead to a quaint patio area for outdoor dining while a sliding barn door leads to a pantry doubling as a laundry room for extra storage. A bedroom, office/craft room, and 1.25 baths are conveniently located on the main floor. Upstairs, the primary suite boasts three closets; a large bathroom with skylights, dual vanity, soaking tub, and shower; gas stove; floor to ceiling bay window; and a private balcony featuring amazing views. Additionally upstairs there is another large bedroom, a great bunk room that has a sizable bonus room attached extending the living space further. Outside, the horse barn has 3 large stalls - currently set up for two, a tack room, and an attached corral. The property is fenced and cross fenced providing an ideal grazing room. The southwest corner of the property adjoins nearly 1700 acres of BLM land ready for you to explore. The home is only 10 minutes away from Bayfield, conveniences are not hard to come by. Vallecito Reservoir is a mere 25 minutes to the north and Durango is 35 minutes for added shopping, restaurants, and more. Don't miss out on this Colorado horse property with unique touches and great views. The septic tank was replaced in February 2025.
Highlights
(Back on Market)
Virtual tour
Summary
- MLS Number: 821351
- Office Name: The Wells Group of Durango, LLC
- Listing Agent: Max Hutcheson
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Last updated on: 2/22/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,349,000
4979 County Road 502
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 19, 2017 | Home Sold | $950,000 |
| Oct 07, 2010 | Home Sold | $603,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $83,550 | $5,156 |
| 2022 | $69,020 | $4,457 |
| 2021 | $71,010 | $4,637 |
| 2020 | $67,960 | $4,309 |
| 2019 | $67,960 | $4,197 |
| 2018 | $67,520 | $4,098 |
| 2017 | $50,970 | $3,104 |
History based on county public records data.
Nearby schools
5
Bayfield Elementary School
Public District 2-5
4.2 mi
•720 E Oak Dr
5
Florida Mesa Elementary School
Public District PK-5
8.3 mi
•216 Highway 172
2
Ignacio Elementary School
Public District KG-5
10.6 mi
•85 County Road 320
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
All data from GreatSchools
Neighborhood
The neighbors living near this home have an average income of $80,496. Most Bayfield, CO residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Dick's Sporting Goods
Wal-Mart
Where do the neighbors go to eat?
Cracker Barrel
Texas Roadhouse
Hardee's
What do the neighbors drive?
Cadillac
Subaru
Ram
What do the neighbors listen to?
News/Talk/Information
New Country
Classic Country
Frequently asked questions
About 4979 County Road 502
This home is located at 4979 County Road 502 in Bayfield, CO and zip code 81122. This 4,126 square foot home, which was built in 1915, sits on a 39.80 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 20, 2025 and is currently priced at $1,349,000.
The number of listings in Bayfield, CO increased by 38.7% between December and January 2025. The median list price of listings available in January 2025 was $595,000, while the average time on the real estate market was 89 days.