Price Reduction - Water Views
Address
1165 Lake View Drive, Vallecito Lake-Bayfield, CO
Price
$ 995,000
Property Attributes
- MLS#837414
- TypeSingle Family
- Listing Status Active
- CountyLA PLATA
- CityVallecito Lake-Bayfield
- AreaVallecito
- NeighborhoodLake Vista 2
- Zip81122
- StyleContemporary,Split-Level
- Year Built2022
- Taxes$ 4009
- Price$ 995,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1806
- Lot Size2.1 Acres
Data Source:
Colorado Real Estate Network (CREN)
Property Description
Perched at the top of Lake View Drive, this stunning custom home offers panoramic views of Vallecito Reservoir and the San Juan National Forest, creating the ultimate mountain retreat. Built in 2022, this thoughtfully designed 2-bedroom, 2-bathroom home sits on a 1-acre lot, and the adjoining 1.1-acre parcel is included in the sale, providing additional privacy and future development potential. The main living level is designed to showcase the incredible scenery with dramatic 10-foot floor-to-ceiling windows that flood the home with natural light. The open-concept living area features luxury vinyl plank flooring, a beautiful wood-burning fireplace, and seamless access to multiple outdoor living spaces. The modern kitchen offers granite and quartz countertops, premium Bosch stainless steel appliances, beverage refrigerator drawers, and an impressive butler's pantry complete with its own sink, garbage disposal, abundant cabinetry, and generous prep space. Outdoor living is just as impressive with three Trex decks positioned on three sides of the home, each offering a unique perspective of the surrounding mountains and lake. The expansive west-facing deck has been professionally engineered to support a hot tub and is already plumbed for one, while the south-facing deck captures spectacular lake and mountain views. A substantial pergola with built-in lighting and a heater creates the perfect year-round outdoor entertaining space. A loft overlooking the living area provides the ideal space for a home office, reading nook, or additional flex space. Off the kitchen and living room down the hall, the guest bedroom enjoys its own private deck and located next to a full guest bathroom with heated floors. The spacious primary suite is a true sanctuary, offering incredible private views of the San Juan National Forest, abundant natural light, a closet with the washer and dryer inside, a private entrance to the west-facing deck, and a beautifully appointed ensuite 3/4 bathroom featuring heated floors. The lower level features a heated two-car garage, a dedicated office or flex room just off the garage (not counted in square footage), and an oversized mechanical room/workshop complete with a large safe that conveys with the property. The garage also includes 220-volt power for added versatility. Built with quality and efficiency in mind, additional features include closed-cell foam insulation, heated gutters to help prevent snow slide-off, a private well, instant hot water with a water recirculation system, Wi-Fi-enabled smart home controls, Hunter Douglas motorized shades, and smart-enabled appliances that can be controlled from your phone. Extensive fire mitigation has already been completed around the home, providing added peace of mind. Located at the end of the subdivision with minimal traffic, this peaceful property offers exceptional privacy while remaining an excellent full-time residence, mountain getaway, or vacation rental opportunity. The property is part of the Lake Vista Valley Estates Subdivision, where property owners contribute just $500 annually toward private road maintenance and snow removal; there are covenants, but no HOA. This is a rare opportunity to own a modern mountain home in Vallecito with unmatched views, luxury finishes, exceptional outdoor living, and the added value of an included adjacent parcel.
| Elementary School | Middle School | High School |
|---|---|---|
| Bayfield K-5 Elementary School | Bayfield 6-8 Middle School | Bayfield 9-12 High School |
| Price History | |
|---|---|
| 7/23/2026 | Listed $1,125,000 |
| 9/21/2026 | 12$995,000 |
General Features
| Heating | Forced Air |
|---|---|
| Cooling | Central A/C |
| Roof | Metal |
| Laundry Y/N | 11'01 x 7'09 |
| Fireplaces | Living Room |
| Garage | Attached Garage |
| Zoning | Residential Single Family |
| Status | Active |
| Bathrooms | 2 |
| Year Built | 2022 |
| Subdivision | Lake Vista 2 |
| Water Heater | Gas Water Heater |
| Style | Contemporary,Split-Level |
| View | Lake/Pond/Reservoir,Mountains |
| Stories Count | Two Story |
| County | La Plata |
| Class | RESIDENTIAL |
| Type | Stick Built |
| Tax Year | 2025 |
| FIPS Code | 08067 |
| HOA Y/N | No |
| New Construction Y/N | No |
| Status | Active |
| Sale/Rent | For Sale |
| Utilities | Electric,Propane-Tank Owned,Internet |
| Energy Star Qualified Y/N | No |
| Green Certification Y/N | No |
| HERS Rated Y/N | No |
| LEED for Homes Y/N | No |
| Other Green Cert. Y/N | No |
| Directions | From downtown Durango,take HWY 550 heading North,take a right onto E 15th Street,continue straight onto Florida Road,continue on Florida Road (County Road 240),take a left onto County Road 501,take a |
| High School | Bayfield 9-12 |
| City | Vallecito Lake/Bayfield |
| List Price/SqFt | 550.94 |
| Terms | Cash,Conventional,Other |
| Elementary School | Bayfield K-5 |
| Middle School | Bayfield 6-8 |
| DOM | 60 |
| Price Per Sq Ft Total AG | 550.94 |
| Property Attached Y/N | No |
Interior Features
| Interior Amenities | Window Coverings,Ceiling Fan(s),W/D Hookup,Vaulted Ceiling,Granite Counters,Pantry,Walk In Closet,Garage Door Opener,Heated Garage |
|---|---|
| Kitchen Dimensions | 12'07 x 14'00 |
| Flooring | Carpet-Partial,Vinyl |
| Furnished Y/N | Unfurnished |
| Beds | 2 |
| Full Baths | 1 |
| Dining Room | Eat-in Kitchen |
| 3/4 Baths | 1 |
| SqFt Source | Assessor |
| Appliances | Range/Oven,Refrigerator,Dishwasher,Washer,Dryer,Disposal,Microwave |
| Bedroom #2 Dimensions | 9'10 x 14'10 |
| Office/Den Dimensions | 16'03 x 15'03 |
| Primary Bedroom Level | Upper Level |
Exterior Features
| Lot Size Area | 2.1 |
|---|---|
| Garage Capacity | 2 |
| RV Parking | No |
| Siding | Stucco |
| Construction Type | Wood Frame |
| Water Well | Yes |
| Waterfront | No |
| Garage Y/N | Yes |
| Carport | No |
| Water Rights/Irrig. | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 81122
Price
Taxes
Year Built
Visits
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