Quick Bayfield CO MLS Search

Browse All Grimes Creek Properties for Sale

$599,500
3 Beds ⋅ 2 Baths ⋅ 838525 MLS
Welcome to this charming 1,920-square-foot stick-built home nestled in the beautiful Vallecito Lake community, offering the perfect combination of privacy, space, and mountain living. Situated on a beautiful, flat 1.6-acre lot with creek frontage on two sides, this property provides a peaceful setting with plenty of room to enjoy the outdoors. Inside, the home features an inviting open floor plan with a spacious living area centered around a cozy wood-burning stove. The updated kitchen features granite countertops, a custom butcher-block island, and a convenient pantry, creating a beautiful and functional space for cooking and entertaining. The primary bedroom is conveniently located on the main level and features a connecting bathroom with a walk-in shower, as well as a conveniently located washer and dryer. Bedrooms two and three are upstairs along with a half bath, providing comfortable space for family and guests. Enjoy your morning coffee or evening sunsets from the front porch, where beautiful mountain views create a stunning backdrop. The large rear porch overlooks the expansive, level backyard, offering a wonderful space for outdoor entertaining, relaxing, and enjoying the peaceful surroundings. The property also features a new gravel driveway, oversized one-car garage, and storage shed. The spacious, level acreage and creek frontage on two sides provide plenty of room for gardening, recreation, pets, or simply enjoying the outdoors. For added flexibility, the home can be purchased furnished, making it an ideal option for a vacation home or investment property. Short-term rentals are allowed, offering excellent potential for those looking for a vacation rental or income-producing property. A rare combination of lake community living, mountain views, creek frontage, usable acreage, and rental potential makes this property a must-see!

124 W Grimes Creek Rd, Bayfield
$1,650,000
14 Beds ⋅ 9 Baths ⋅ 833303 MLS
Eagle’s Nest Cabins is a rare and versatile mountain retreat located just north of Vallecito Reservoir, approximately 30 minutes from Durango and 20 minutes from Bayfield. This exceptional property includes a main lodge, three income-producing log cabins, and a caretaker’s studio cottage, all situated on just over three acres with an additional 0.80-acre vacant lot included in the sale. The property offers access to the National Forest just minutes away and provides endless opportunities for outdoor recreation. Together, the improvements total 5,449 square feet of living space and are ideally suited for use as a vacation rental business, bed-and-breakfast, wedding venue, corporate retreat, or private family compound. Current rental projections exceed $120,000 annually. The 2,137-square-foot main lodge, built in 1961, features four bedrooms and two baths with generous living areas, making it ideal for owner occupancy or guest accommodations. The three log cabins, each built in 1969, offer 1,024 square feet with three bedrooms, two baths, full kitchens, and wood-burning fireplaces. A caretaker’s cottage above the garage provides additional flexibility for management or guest space. The 0.80-acre vacant lot offers potential for RV parking, storage, or additional rental pads. Three private fishing ponds add to the charm of the setting, which is surrounded by mountain beauty and abundant wildlife. Year-round activities such as hiking, boating, fishing, paddleboarding, and snowshoeing are easily accessible, and the property’s convenient location places it within a short drive of both Bayfield and Durango. Eagle’s Nest Cabins presents a unique opportunity to own a turnkey income property or private mountain getaway in one of Southwest Colorado’s most scenic destinations.

48 W Vallecito Creek Rd, Bayfield
$800,000
9 Beds ⋅ 6 Baths ⋅ 833295 MLS
Positioned just north of Vallecito Reservoir, Eagles Nest Cabins present a rare opportunity to acquire a turnkey mountain retreat with built-in income potential. Set on 1.78 acres and bordering nearby National Forest access, the property includes three well-maintained cabins totaling approximately 3,200 square feet. Two cabins offer 1,024 square feet each, with a third at 1,152 square feet. All three feature three bedrooms, two full baths, full kitchens, and wood-burning fireplaces, creating comfortable, functional accommodations suited for year-round enjoyment. The setting is quiet and private, with an on-site fishing pond, mature trees, and easy access to Vallecito's recreational amenities. This property is well-positioned for multiple uses, including short-term vacation rentals, long-term income production, or a commercial hospitality operation. Projected nightly rental income ranges from approximately $22,000 to $26,000 per cabin annually, offering strong potential returns. Additional improvements include a shared laundry facility and ample space for guest parking and outdoor enjoyment. Whether utilized as an income-producing asset, a family compound, or a company retreat, Eagles Nest Cabins provide flexibility, location, and immediate usability in one of Southwest Colorado’s most desirable recreational corridors.

18 Vallecito Creek Rd, Bayfield
$800,000
833294 MLS
Positioned just north of Vallecito Reservoir, Eagles Nest Cabins present a rare opportunity to acquire a turnkey mountain retreat with built-in income potential. Set on 1.78 acres and bordering nearby National Forest access, the property includes three well-maintained cabins totaling approximately 3,200 square feet. Two cabins offer 1,024 square feet each, with a third at 1,152 square feet. All three feature three bedrooms, two full baths, full kitchens, and wood-burning fireplaces, creating comfortable, functional accommodations suited for year-round enjoyment. The setting is quiet and private, with an on-site fishing pond, mature trees, and easy access to Vallecito's recreational amenities. This property is well-positioned for multiple uses, including short-term vacation rentals, long-term income production, or a commercial hospitality operation. Projected nightly rental income ranges from approximately $22,000 to $26,000 per cabin annually, offering strong potential returns. Additional improvements include a shared laundry facility and ample space for guest parking and outdoor enjoyment. Whether utilized as an income-producing asset, a family compound, or a company retreat, Eagles Nest Cabins provide flexibility, location, and immediate usability in one of Southwest Colorado’s most desirable recreational corridors.

18 Vallecito Creek Rd, Bayfield
$850,000
5 Beds ⋅ 3 Baths ⋅ 833289 MLS
Tucked into the peaceful setting just north of Vallecito Reservoir, 48 West Vallecito Creek presents a rare opportunity to own a versatile mountain property with both residential comfort and income potential. Situated on 1.3 acres—with an additional adjacent 0.80-acre parcel included—this offering provides privacy, usable land, and close proximity to National Forest access, making it an ideal base for outdoor recreation and year-round enjoyment. The main residence features approximately 2,249 square feet, including a well-designed four-bedroom, two-bath layout, with the primary living space totaling just over 1,800 square feet. The home offers a functional floor plan with generous living areas, a full kitchen, and the warmth and character expected in a Colorado mountain retreat. Above the detached garage, a 448-square-foot caretaker apartment adds flexibility for guest accommodations, long-term rental income, or on-site property management. Vacation rental projections for the main home are estimated at $33,000 to $39,000 annually, with the studio apartment offering an additional $11,000 to $14,000 in potential income per year. Complementing the natural setting, the property benefits from proximity to fishing, ponds, and abundant wildlife, as well as easy access to surrounding public lands. Whether utilized as a primary residence, vacation retreat, or part of a larger investment strategy alongside the nearby cabin offerings, this property delivers multiple use options, including short-term rental potential, multi-generational living, or a private family compound.

48 W Vallecito Creek Rd, Bayfield
$549,000
3 Beds ⋅ 3 Baths ⋅ 806353 MLS
This beautiful, well-maintained custom home nestled in the pines is ready for you to enjoy year round or as a vacation home! You’ll enjoy the quality of work throughout this one-owner home and notice the extra mile that the builder took to make this home a gem. The kitchen has beautiful solid wood custom cabinets and a spacious pantry. The hand-hewn log stair railing, spindles, and wood trim throughout are made from logs harvested from the property when the home was built. The spacious main bedroom suite with a large walk-in closet is on the ground floor. On the second floor you'll be delighted by a third bedroom, bathroom and extra space that could be used as a home office, den, game room, etc. This space leads to the upper deck allowing the outdoors to be enjoyed from the second floor. You'll find fresh veggies from the raised garden beds and greenhouse that has a timed water system in place. The Instant Navien Propane Water Heater is a great plus as well as the Williams heater in the living room that efficiently heats the home with minimal expense. A covered carport keeps your vehicle out of the snow and sun and there is room to park an RV! (RV shelter that is in place is negotiable). This property has an excellent well (be sure to taste the water when you view this home!) and easy year-round access, just minutes from Vallecito Lake, hiking, biking and other outdoor activities.

60 W Grimes Creek Dr, Bayfield
$375,000
2 Beds ⋅ 1 Baths ⋅ 825373 MLS
Charming creekside cabin plus adjacent vacant parcel free of HOA dues and restrictions. Located just north of Lake Vallecito, recreational enthusiasts have the opportunity to enjoy being on the water, hiking in the bordering public land, and enjoying mountain views. This cozy 2-bedroom, 1-bathroom cabin sits on a .32-acre lot. Warm wood finishes, vaulted ceilings, and a wrap-around deck create a welcoming and relaxing atmosphere, ideal for year-round enjoyment. The main bedroom is conveniently located on the first level. Upstairs, the open loft features a second bedroom and a spacious landing currently furnished with a futon—perfect for extra sleeping space or a reading nook. The layout makes this cabin great for family getaways or hosting guests, or a investment opportunity for short term rentals. Included in the sale is the adjacent .3-acre vacant parcel, also creekside, equipped with an RV hookup—perfect for visitors, future development, or added buffer space. Two storage sheds on the property provide space for outdoor gear, tools, or seasonal items. With creek frontage on both lots, this property is a peaceful getaway and rare opportunity. Annual taxes are $1,512.68.

155 W Grimes Creek Dr, Bayfield
Start Your Search

board logoThe data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to limited license rights. Duplication or reproduction is prohibited. FULL CREN Disclaimer Real Estate listings held by companies other than CREN contain that company's name. Fair Housing Disclaimer This data was last updated:

Grimes Creek Real Estate & Homes

Our website features the best real estate search for homes, condos, land and foreclosure properties available in Grimes Creek, Bayfield CO. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!