Land · Active

1220 County Road 501

Bayfield, CO 81122

$900,000

Unimproved Land

Property Type

40 acres

Lot Size

840263

MLS #

About This Property

40 acres in the county but the Town of Bayfield is wanting to annex this into city limits for development. Borders 622 acres of Colorado State Land to the north. Currently there are No Covenants and No HOA. DEVELOPMENT POTENTIAL: Commercial opportunities such as places of worship, daycare facilities, and senior or assisted living could likely be approved for development by the Bayfield Planning Department.

Residential development use by right includes 43 single family homes in R-40 zoning, 87 single family homes in R-20 zoning, 174 single family homes in R-10 zoning, or 871 multi-family units. The town of Bayfield has confirmed that water and sewer taps are available for development. TAX SAVINGS: With neighboring parcels being 1/4 acre in size, combined with the fact that Bayfield needs housing and this property borders town limits, there's a huge opportunity here for a Conservation Easement play where an investor could potentially received hundreds of thousands of dollars in tax credits.

6 days on market

Listed by Justin Osborn · Wells Group Real Estate · 970-259-6680

Last updated: 11/10/2026 12:38 AM · Source: Colorado Real Estate Network (CREN), MLS#: 840263

Property Details

Key Details

Property Type Land
Sub Type Unimproved Land
Status Active
Subdivision None
MLS # 840263
Days on Market 6

More Details

Lot Size (Sq Ft) 1,742,400
Acres 40
Annual Taxes $9,714
Tax Year 2026
State CO
County La Plata
Zoning Commercial,Residential Multi Family,Residential Single Family

Building & Lot

Water Source Public

Location

Price History

DateEventPrice
11/7/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #840263
$900,000

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Listing information last updated November 10, 2026 at 12:38 AM.

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