Land · Active
Bayfield, CO 81122
$4,700,000
Unimproved Land
Property Type
159 acres
Lot Size
839072
MLS #
About This Property
A remarkable opportunity to own 159 acres encompassing both sides of the Pine River in Bayfield, Colorado. Offered together, 5947 CR 516 and 8347 CR 521 create an exceptional live-water property where irrigated pastures, mature cottonwoods, ponds and river frontage come together in a setting that feels remarkably private while remaining convenient to Bayfield. The Pine River winds through the heart of the property, creating a beautiful riparian corridor and outstanding habitat for wildlife. Three enhanced ponds on the CR 516 parcel have been deepened and reinforced and stocked with bass and trout, creating another dimension to an already impressive water-rich property.
Excellent water rights from the Thompson-Epperson and Lower King Ditch support the property's irrigated pastures and add significant value and versatility to the acreage. The landscape transitions from productive open ground to river bottom, wetlands and mature trees, with expansive views across the surrounding valley and mountains beyond. Whether envisioned as a private fishing and recreational retreat, working ranch, family compound or legacy property to be enjoyed for generations, opportunities combining this much acreage with both sides of a major river, established ponds, irrigation and abundant wildlife are increasingly rare in Southwest Colorado. This is a property defined by water, open space and possibility—and one that truly needs to be experienced in person.
38 days on market
Listed by Dianne Heleno · Coldwell Banker Mountain Properties · 970-259-3333
Property Details
| Property Type | Land |
| Sub Type | Unimproved Land |
| Status | Active |
| Subdivision | None |
| MLS # | 839072 |
| Days on Market | 38 |
| Lot Size (Sq Ft) | 6,926,040 |
| Acres | 159 |
| Annual Taxes | $1,155 |
| Tax Year | 2025 |
| State | CO |
| County | La Plata |
| Zoning | Agriculture |
| Water Source | Domestic Well, Well-Other |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 9/15/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #839072 |
$4,700,000 +34.3% |
| 9/14/2026 |
Listed for sale Source: Colorado Real Estate Network (CREN) #839073 |
$3,500,000 |
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