Pending

118 W Mill Street

Bayfield CO, 81122

$470,000


$269.19 per sqft

Pending

4 Beds

2 Baths

1,746 sqft

Residential

Built in 1972

Courtesy of Colorado Lifestyle Property Management with Listing Contact: 970-769-8684 

Nestled in the heart of downtown Bayfield, this charming cottage-style home on Historic Mill Street offers the perfect blend of urban convenience and investment potential. This parcel has the potential to be zoned residential and commercial (Buyer and Buyer's agent to confirm with Town of Bayfield), the possibilities are endless! Whether you're looking for a stylish downtown residence, a business location, or a profitable rental opportunity, this property has it all. The home features flexible living arrangements, with three to four bedrooms or the option of converting the upstairs into a separate income-generating unit. The second floor can function as a mother-in-law suite, a caregiver unit, or a short-term rental, making this a true two-in-one property. Both levels can also be divided into individual rentals, each with two bedrooms and one bathroom. Steps away from six local restaurants, two parks, playgrounds, and the scenic Pine River, this home offers the ultimate walkable lifestyle. The house also boasts a living room and a bonus family room with vaulted ceilings that let in plenty of natural light and air. The contemporary kitchen includes pull-out drawers and soft-close cabinets, while two bathrooms, a front porch, and a back patio off the master bedroom add to the home's comfort and charm. With convenient access to the highway, you're just 20 minutes away from Durango. Recent upgrades include metal siding, a spacious two-door garage, a 10x8 shed, new flooring, new paint, appliances, and shelving in the garage. Take advantage of this rare opportunity to live and invest in downtown Bayfield!

814782

MLS ID

June 14, 2024

Listed

December 20, 2024

Updated

Map

118 W Mill Street
Bayfield CO, 81122

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

2


Three-Quarter Bathrooms

2


Interior Features

Ceiling Fan(s), Main Level Primary, Pantry


Appliances

Dryer, Dishwasher, Disposal, Oven, Range, Refrigerator, Washer


Floor Description

Partially Carpeted, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s), Wall Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.19 Acres


Exterior Features

Deck


Sewer

Public Sewer

School Information

High School

Bayfield 9-12


Elementary School

Bayfield K-5

Other Property Details

Area Name

Bayfield In Town


Days on Market

190


Garage

Yes


Garage Spaces

2


Parking

Detached, Garage, Garage Door Opener


View

No


County

La Plata


Water Source

Public


Pool

No

Listing History

Date

Event

Price

12/20/2024

Pending

12/5/2024

Price change

$470,000

-3%

11/6/2024

Price change

$480,000

-4%

Courtesy of Colorado Lifestyle Property Management with
Listing Contact: 970-769-8684 


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Data last updated on: 12/20/2024

 

 

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