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La Plata 81122
23490 County Road 501
$28,500,000
● House - For Sale

23490 County Road 501

Bayfield, CO 81122
bedrooms
7 Beds
bathrooms
5 Baths
square feet
6,400 Ft²
$140,739
Est. Monthly
0.09%
Cap Rate

About This Property

Teelawuket Ranch is a premier Colorado live water ranch located in the spectacular Upper Pine River Valley near Bayfield and Durango. Encompassing 923 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.
Unit Size
6,400 Ft²
Days on Market
-
Land Size
923.00 acres
Price per sqft
$4,453
Property Type
House
Property Taxes
$799
HOA Dues
-
Year Built
1896

Listed By

Brian Hartley
Live Water Properties

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Last updated: 2 months ago (REcolorado MLS #IRE5992563)

Price History

Date / Event Date Event Price
Jun 15, 2026 Listed $28,500,000
Listed

Property Highlights

Parking Available
Parking Details
Has Garage
Parking Features: Off Street
Garage Spaces: 4
Interior Details
Full Bathrooms: 5
Interior Features: Cathedral Ceiling(s), Walk-In Closet(s), Kitchen Island
Appliances: Dishwasher, Refrigerator, Washer, Dryer, Microwave, Freezer
Exterior Details
Square Footage: 6400
Square Footage Source: $0
Year Built: 1890
Waterbody Name: Lake, Pond, River Front, Stream, Waterfront
Levels: Two
Construction Materials: Wood Siding
Patio and Porch Features: Patio, Deck
Lot Features: Wooded, Meadow, Waterfront, Deciduous Trees, Abuts Pond/Lake, Abuts Stream/Creek/River, Abuts National Forest, Abuts Public Open Space, Outbuildings, Mineral Rights Included
Lot Size Area: 40205880
Lot Size Units: Square Feet
Lot Size Acres: 923
Lot Size Square Feet: 40205880
Water Source: Well
Financial Details
Tax Annual Amount: $9,583
Utilities Details
Heating Type: Forced Air, Baseboard, Radiant
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1896
  • Building Count: 8
  • Bedroom Count: 18
  • Bathroom Count: 14
  • Full Bathrooms: 14
  • Partial Bathrooms: 14
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,819,480
  • Total Building Area: 12,994
  • Gross Building Area: 12,994
  • Building Area: 12,994
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 19
  • Heated Square Feet: 12,994
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: A
  • Subdivision: BAYFIELD
  • Land Acres: 0000983000
  • Standard Land Use Code: 7012
  • County Land Use Code: 4147
  • Legal Description 1: SEC-TN-RG 2,3,10,9,3-36-6 SEC-TN-RG 1,2-36-6:35-37-6 SEC-TN-RG 35-37-6:2-36-6 NW/4:NE/4:N/2NW/4:NE/4NE/4:W/2SE/4,SE/4SW/4: *N/2SW/4:NE/4SW/4,N/2SE/4:W/2SW/4 TR 57, *E/2 SW/4 (S/2 TR 55), SE/4 TR 58:TR 3: NW/4 SW/4 23490 CR 501 BAYFIELD 81122

Neighborhood

  • School District Name: Bayfield School District R-10-JT
  • Census Tract: 970602

Geography

  • Assessors Map Reference: Jun 12, 2036
  • Account Number: R006110
  • Subdivision Tract Number: 57
  • Parcel: R006110
  • Meridian: SEC 03 TWN 36 RNG 06
  • Latitude: 37.4186
  • Longitude: -107.506

    Address

  • Full Address: 23490 County Road 501
  • Address - House Number: 23490
  • Address - Street Name: County Road 501
  • State: CO
  • City Name: Bayfield
  • Carrier Code: R003
  • 4-Digit Zip Code: 9703
  • Zip Code: 81122

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $740,760
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 2202

    Market Valuation

  • Market Total Value: $2,132,430
  • Market Land Value: $75,860
  • Market Improvement Value: $2,056,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,560
  • Assessed Land Value: $20,030
  • Assessed Improvements Value: $142,530
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About La Plata


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Frequently Asked Questions

When was property at 23490 County Rd 501 built and last sold?
The property at 23490 County Rd 501 was built in 1896 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 23490 County Rd 501 is $28,785,000.
What are some comparable homes to 23490 County Rd 501?
There are currently no comparable homes to 23490 County Rd 501.