#823862, Ashley Blackmore, Listing office: Blackmore Group

7978 County Road 501 Bayfield, CO 81122
Property details
About 7978 County Road 501
This 1915 teacherage to the one-room Columbus School has been turned into a modern mountain retreat! Discover the perfect blend of history and modern comfort in this beautifully renovated home. Thoughtfully updated for 21st-century living, this 4-bedroom, 2-bath gem offers 1,850 square feet of character nestled in the stunning Pine River Valley. Enjoy spacious indoor and outdoor living areas ideal for relaxing and entertaining. This completely fenced pet friendly property includes a large pavilion, a bar area, a private hot tub, a firepit, and basketball court. The home is surrounded by lilacs, flowers, a peach tree, an apple tree, raspberry bushes, chokecherry plants and beautiful mountain views. You would be centrally located to Durango, Bayfield, the Purgatory and Wolf Creek Ski Areas, and the iconic Mesa Verde National Park. Just minutes from Vallecito Lake, you’ll have access to hiking, camping, fishing, mountain biking, boating, paddleboarding, and kayaking—right at your doorstep. Additional features include a one-car garage, several outbuildings, a dog kennel, and unmatched privacy in a tranquil setting with 1 acre foot of Pine River Irrigation water rights. Whether you're looking for an affordable place to live, have a party, or a peaceful place to call home, this one-of-a-kind property has it all.
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Range, Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
- Basement: No
- Flooring Type: Carpet-Partial, Hardwood
- Fireplace: Den/Family Room
- Total Bedroom Count: 4
- Garage Space: 1 space
- Attached Garage: No
- Parking: Detached Garage
- View: Mountain(s)
- Exterior: Shed/Storage,Deck,Hot Tub, Garage,Shed,Woodshed,Dog Kennel
- Architectural Style: Raised Ranch, Victorian
- Heating: Pellet Stove
- List Price: $511,000
- Price/SqFt: $276
- Annual Tax Amount: $1,088
- Tax Year: 2023
- Directions: From Durango: Florida Road/ CR 240 to the turn off to go to Vallecito Lake or go to Bayfield head to Bayfield (go right), at the big turn by CR 502 stay on CR 501 and look for the sign to your left right in the big turn. From Bayfield: CR 501 towards Vallecito Lake past Forest Lake over The Pine River look for sign on the Right.
- Year Built: 1916
- Stories: 2
- Living Area: 1,850 SqFt
- Lot Size: 0.418 Acres
- MLS Number: 824997
- Office Name: Berkshire Hathaway HomeServices Colorado Properties
- Listing Agent: Cinnamon Kasnoff
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Last updated on: 7/24/2025, 2:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $19,190 | $1,088 |
2022 | $18,210 | $1,085 |
2021 | $18,740 | $1,130 |
2020 | $17,380 | $1,015 |
2019 | $17,380 | $986 |
2018 | $17,130 | $954 |
2017 | $17,130 | $957 |
History based on county public records data.
Nearby schools
5
Bayfield Elementary School
Public District 2-5
6.6 mi
•720 E Oak Dr
5
Florida Mesa Elementary School
Public District PK-5
11.5 mi
•216 Highway 172
7
Animas Valley Elementary School
Public District PK-5
12.4 mi
•373 Hermosa Meadows Rd
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 $60,156. 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.
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Frequently asked questions
About 7978 County Road 501
The listing price of 7978 County Road 501 property is $511,000.
The property 7978 County Road 501 is a house located in Bayfield, Colorado, 81122.
Active Listing: 7978 County Road 501 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7978 County Road 501 are: Bayfield Elementary School (GreatSchools Rating 5/10), Florida Mesa Elementary School (GreatSchools Rating 5/10), Animas Valley Elementary School (GreatSchools Rating 7/10), Bayfield Middle School (GreatSchools Rating 4/10), Mountain Middle School (GreatSchools Rating 8/10), Miller Middle School (GreatSchools Rating 5/10), Bayfield High School (GreatSchools Rating 7/10), Durango High School (GreatSchools Rating 7/10), Durango Big Picture High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $1,088 (source: MLS/based on county public records data).
The property at 7978 County Road 501 has 4 bedrooms and 2 bathrooms.
The property 7978 County Road 501 is 1,850 SqFt (source: MLS/tax record).
The year of construction for 7978 County Road 501 is 1916.
This home is located at 7978 County Road 501 in Bayfield, CO and zip code 81122. This 1,850 square foot home, which was built in 1916, sits on a 0.42 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 4, 2025 and is currently priced at $511,000.
The inventory of homes for sale in Bayfield, CO between May and June 2025 increased by 43.1%. In June 2025 median list price was $634,500 and the average listing age was 62 days.