23490 County Road 501
Bayfield, CO, 81122 $ 28,500,000
Bedrooms7 Baths5.0 Sq 6,400 Monthly Estimate*
$ 175,479
Listed by Live Water Properties
for $28,500,000 with 7 bedrooms and 5 full baths. This 6,400 square foot home was built in 1890 on a lot size of 940.
Teelawuket Ranch is a premier Colorado live water ranch located in the spectacular Upper Pine River Valley near Bayfield and Durango. Encompassing ±940 acres, the Ranch combines private trout fishing, productive wildlife habitat, equestrian facilities, and exceptional improvements within one of the most scenic landscapes in the Rocky Mountain West. Surrounded by the rugged San Juan Mountains, the property features irrigated meadows, timbered hillsides, aspen groves, and extensive riparian corridors that create both remarkable beauty and year-round recreational opportunity. Water is the defining feature of Teelawuket Ranch. More than one mile of the Upper Pine River flows through the property, complemented by East Creek and a five-acre pond that provide diverse fishing opportunities for brown, rainbow, and brook trout. Direct adjacency to U.S. Forest Service lands and access to the renowned Weminuche Wilderness further enhance the Ranch’s sporting appeal. Improvements include a 6,400-square-foot main residence, five guest cabins, a ranch manager’s home, historic gathering spaces, a four-stall barn, riding arena, corrals, and supporting ranch infrastructure. The Ranch is equally suited for family retreats, equestrian pursuits, entertaining guests, and multi-generational ownership. Abundant elk, mule deer, turkey, and black bear habitat, combined with proximity to Durango, Vallecito Reservoir, and several renowned trout rivers, make Teelawuket Ranch an exceptional legacy property offering privacy, recreation, and stewardship in one of Colorado’s most desirable mountain destinations.
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FeaturesInteriorInterior Amenities Kitchen Island Vaulted Ceiling(s) Walk-In Closet(s)
Flooring Wood
Basement (Y/N) N
Above Grade Finished Area 6400
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 7
Main Level Bedrooms 5
Main Level Bathrooms 3
Total Baths 5
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GeneralSewer Septic Tank
Heating Baseboard Forced Air Radiant Floor
Cooling None
Utilities Electricity Connected Natural Gas Connected Phone Available
Roof Metal
Appliances Cooktop Dishwasher Dryer Freezer Microwave Oven Range Range Hood Refrigerator Washer
Garage Spaces 0
Patio/Porch Features Covered Deck Front Porch Patio
Construction Materials Wood Siding
Exclusions To be negotiated between buyer and seller.
Year Built 1890
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Current Use Live/Work
Ownership Individual
Waterfront Features Lake Front Pond River Front Stream Waterfront
County La Plata
Property Type Residential
HOA N
Attached Garage N
Subdivision Name NA
Full Baths 5
Status Active
High School Bayfield
City Bayfield
Senior Community Y/N N
High School District Bayfield 10 JT-R
Lot Size Units Acres
Lot Size Square Feet 40946400
Carport Spaces 0
Listing Terms 1031 Exchange Cash
Elementary School Bayfield
Tax Annual Amount 9583
Middle/Junior High School Bayfield
Property Condition Updated/Remodeled
Structure Type House
Standard Status Active
Occupancy Type Owner
Middle/Junior School District Bayfield 10 JT-R
Elementary School District Bayfield 10 JT-R
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ExteriorExterior Amenities Balcony Fire Pit Garden Private Yard
Vegetation Aspen Grass Hay Grassed Heavily Wooded Partially Wooded Pine Wooded
Parking Features Unpaved
Lot Features Borders National Forest Borders Public Land Irrigated Many Trees Meadow Mountainous Near Ski Area Secluded Suitable For Grazing Wetlands
Water Source Well
Total Parking 4
Lot Size Area 940
Building Area Total 6400
Lot Size Acres 940
Road Surface Type Dirt
Road Frontage Type Public
Road Responsibility Private Maintained Road Public Maintained Road
Horse Y/N Y
Horse Amenities Arena Corral(s) Pasture Tack Room
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* Excluded FeaturesList ByLive Water PropertiesBroker
Affordability Calculator
- Monthly Principal & Interest
- $175,479
- Monthly Property Taxes
- $799
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Bayfield, CO
Average List Price $10,220,000
Percent of Sale Price 64%
About Bayfield, CO 2,383 Population
58% Since 2002
$ 63,239 Median Income
39.86 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
5455408 Elementary School
5455409 Middle School
Bayfield High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/15/2026 | $28,500,000 | | Listed Price |