#824692, Joseph Kendrick, Listing office: Unreal Estate LLC
$1,875,000 List price
550 County Road 502 Bayfield, CO 81122
4 beds
4 full
4,755 sqft
5.1 acres
$394 / sqft
House
Property details
About 550 County Road 502
Enjoy the best of riverfront living with this exceptional property on the banks of the Pine River. Most of the main living areas overlook the water, creating a serene and scenic atmosphere throughout the home. The spacious country kitchen, featuring a commercial-grade range, is perfect for the home chef and ideal for entertaining. Adjacent to the kitchen, the bright and airy dining room easily accommodates large gatherings with family and friends. With two separate living areas, the home offers flexibility for relaxation, entertainment, or multi-generational living. A recent addition includes a stunning new main level primary bedroom and en-suite bathroom, offering direct access to outdoor living spaces and picturesque river views. The private bath includes dual sinks, a shower, a separate soaking tub, and a large closet. Upstairs, another ensuite offers a private sanctuary with panoramic views of the river and pastoral valley. This generously sized bedroom is enhanced by a loft area, vaulted ceilings, and a bath offering a dual vanity, clawfoot bathtub, separate shower, and oversized closet. Additional guest rooms provide cozy accommodations for family or visitors. Built in 1998 with energy-efficient straw bale construction, the home offers superior insulation. Outside, the unique property includes a large garden shed (400+ sq ft) and a metal barn/shop (800+ sq ft), perfect for hobbies or storage. Stairs lead down to a riverside deck—ideal for quiet moments or outdoor entertaining. With irrigation rights, the landscaping stays lush year-round, and three distinct patios provide outdoor living spaces to enjoy nearly every season. Across the river, two expansive ranches offer unspoiled views and a natural wildlife corridor. Tucked along the scenic Los Pinos River and just two miles from downtown Bayfield, this exceptional property offers the perfect blend of privacy, natural beauty, and everyday convenience. Enjoy easy access to local amenities—including grocery stores, restaurants, and hardware shops—while feeling worlds away in your private riverside retreat.
Highlights
Home typeSingle Family Residence
HeatingPropane, Steam
StatusActive
CoolingCeiling Fan(s)
Size4,755 sqft
BasementYes
Lot size5.12 Acres
Year built1998
ParkingDetached Garage
MLS #823827
Garage1 space
WaterfrontRiver
FireplaceWoodstove
ViewValley, Stream/River, Lake
Virtual tour
Summary
- Full Bathrooms: 4
- Appliances: Range, Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Double Oven
- Basement: Yes
- Flooring Type: Carpet-Partial, Hardwood, Tile
- Interior: Cathedral Ceiling, Ceiling Fan(s), W/D Hookup, Vaulted Ceiling, Walk In Closet
- Fireplace: Woodstove
- Total Bedroom Count: 4
- Garage Space: 1 space
- Attached Garage: No
- Parking: Detached Garage
- Waterfront: River
- View: Valley, Stream/River, Lake
- Exterior: Shed/Storage,Landscaping,Irrigation Water,Patio,Deck, Metal Building,Shed,Workshop
- Architectural Style: Farm House
- Heating: Propane, Steam
- Cooling: Ceiling Fan(s)
- List Price: $1,875,000
- Price/SqFt: $394
- Annual Tax Amount: $3,419
- Tax Year: 2023
- Lot: Wooded
- Directions: Camino Del Rio to Hwy 160E take a left on CR 502 to property.
- Year Built: 1998
- Stories: 2
- Living Area: 4,755 SqFt
- Lot Size: 5.12 Acres
- MLS Number: 823827
- Office Name: The Wells Group of Durango, LLC
- Listing Agent: John Wells
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PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
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Last updated on: 7/30/2025, 7:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 01, 2017 | Home Sold | $520,000 |
| Dec 20, 2013 | Home Sold | $485,000 |
| Oct 14, 2003 | Home Sold | $935,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $60,290 | $3,419 |
| 2022 | $50,930 | $3,034 |
| 2021 | $42,040 | $2,535 |
| 2020 | $39,970 | $2,334 |
| 2019 | $39,970 | $2,268 |
| 2018 | $38,790 | $2,160 |
| 2017 | $39,150 | $2,188 |
History based on county public records data.
Nearby schools
5
Bayfield Elementary School
Public District 2-5
1.2 mi
•720 E Oak Dr
2
Ignacio Elementary School
Public District KG-5
8.3 mi
•85 County Road 320
5
Florida Mesa Elementary School
Public District PK-5
10.0 mi
•216 Highway 172
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 $62,165. Residents of Bayfield, CO typically earn between $35k-100k each year. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
21%
<35k
55%
35k-100k
21%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
27%
Single, No Kids
7%
Single, with Kids
40%
Married, No Kids
26%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
10%
12-17 yrs old
17%
18-34 yrs old
47%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 550 County Road 502
The listing price of 550 County Road 502 property is $1,875,000.
The property 550 County Road 502 is a house located in Bayfield, Colorado, 81122.
Active Listing: 550 County Road 502 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 550 County Road 502 are: Bayfield Elementary School (GreatSchools Rating 5/10), Ignacio Elementary School (GreatSchools Rating 2/10), Florida Mesa Elementary School (GreatSchools Rating 5/10), Bayfield Middle School (GreatSchools Rating 4/10), Ignacio Middle School (GreatSchools Rating 5/10), Escalante Middle School (GreatSchools Rating 5/10), Bayfield High School (GreatSchools Rating 7/10), Ignacio High School (GreatSchools Rating 3/10), Durango High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $3,419 (source: MLS/based on county public records data).
The last sale was on November 1, 2017 for $520,000 (source: MLS/tax record).
The property at 550 County Road 502 has 4 bedrooms and 4 bathrooms.
The property 550 County Road 502 is 4,755 SqFt (source: MLS/tax record).
The year of construction for 550 County Road 502 is 1998.
This home is located at 550 County Road 502 in Bayfield, CO and zip code 81122. This 4,755 square foot home, which was built in 1998, sits on a 5.12 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $1,875,000.
The number of listings in Bayfield, CO increased by 43.1% between May and June 2025. In June 2025, listings were on the market for 62 days. During the same period, the median list price in this real estate market was $634,500.
From Rocket Homes Real Estate and based on county public records data.