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$775,000
2 Days On Site

148 Black Bear Lane
Vallecito Lake/Bayfield, CO 81122

For Sale|Single Family Residence|Active
3
Beds
2
Total Baths
2
Full Baths
2,168
SqFt
$357
/SqFt
1981
Built
Subdivision:
Happy Scenes
County:
La Plata
Listing courtesy of Kathryn Vumbaco of RE/MAX Alliance
Call Now: 970-799-4001
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970-799-4001
148 Black Bear Lane148 Black Bear Lane148 Black Bear Lane148 Black Bear Lane
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Stylish furnished home on the quiet back side of Vallecito Lake with rare water-front Vallecito Creek frontage and no HOA. This well-lit three-bed, two-bath retreat offers both comfort and versatility, with a layout that works beautifully as a primary residence, vacation home, or income-producing property. The lock-off loft, complete with a pool table, and private entrance, has a history as a short-term rentals, and the tiny home near the creek is ideal for guests or additional income. An insulated shed provides a perfect hobby space, gym or overflow storage, and three additional outbuildings offer room for tools, gear, and outdoor vehicles such as ATVs. Large windows on the lower level fill the home with natural light, while the expansive deck features a concealed hot tub for relaxing evenings under the pines. Follow the steps down to a riverfront fire pit for peaceful mornings or summer nights by the water. Importantly, the property is NOT located in a designated FEMA flood zone, offering peace of mind rarely found with waterfront homes. The property is just 0.5 miles from the 19.5-mile Vallecito Trail, which leads directly into the Weminuche Wilderness and offers exceptional access to hiking, fishing, and outdoor recreation. This unique property blends mountain charm with practical flexibility. Furnished, STR-friendly waterfront home represents a rare opportunity to own a slice of alpine paradise in Vallecito. Photos taken in 2023. Total Square Footage includes ADU/tiny home.

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Listing Snapshot
Price 
$775,000
Days On Site 
2 Days
Bedrooms 
3
Inside Area (SqFt) 
2,168 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.4 Acres
Year Built 
1981
MLS® Number 
834016
Status 
Active
Property Tax 
$3,864.64
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 hours agoListing updated with changes from the MLS®
11 hours agoStatus changed to Active
2 days agoListing first seen on site
General Features
Acres 
0.4
Garage 
Yes
Garage Spaces 
2
Property Sub Type 
Single Family Residence
SqFt Total 
2168
Water Source 
PrivateWell
Interior Features
Furnished 
Furnished
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Exterior Features
Lot Features 
Waterfront
Waterfront 
Yes
Community Features
MLS Area 
Vallecito
Schools
School District
Unknown
Elementary School
Bayfield K-5
Middle School
Bayfield 6-8
High School
Bayfield 9-12
Listing courtesy of Kathryn Vumbaco of RE/MAX Alliance



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Last checked: 2026-04-30 02:16 AM UTC

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Realtor®
License# 100065255
Cell: 970-799-4001

743 Main Avenue
Durango, CO 81301
Office: 970-624-0444