
Land with Home for Sale in Bayfield, Colorado
23490 County Road 501, Bayfield, CO 81122
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.
- Listed by Brian Hartley, (307) 690-3155, Live Water Properties
Location
- Street address
- 23490 County Road 501
- County
- La Plata County
- Zip code
- 81122
- School district
- Bayfield 10 JT-R
- Elevation
- 7,813 feet
Property details
- Acreage
- 940 acres
- MLS #
- REcolorado 5992563
- Posted
Property taxes
- 2025
- $9,583
Parcels
- R006110
Legal description
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
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
- Current Use
- Live/Work
- Ownership
- Individual
- Terms
- 1031 Exchange, Cash
- Exclusions
- To Be Negotiated Between Buyer and Seller.
Lot
- Vegetation
- Aspen, Grass Hay, Grassed, Heavily Wooded, Partially Wooded, Pine, Wooded
- Irrigation Source
- Ditch
- Road Frontage
- Public
- Road Surface
- Dirt
- Road Responsibility
- Private Maintained Road, Public Maintained Road
- Waterfront
- Lake Front, Pond, River Front, Stream, Waterfront
- Rights
- Mineral Rights, Water Rights
- Features
- Borders National Forest, Borders Public Land, Irrigated, Many Trees, Meadow, Mountainous, Near Ski Area, Secluded, Suitable For Grazing, Wetlands
Exterior
- Parking Spaces
- 4
- Parking
- Unpaved
- Horses Allowed
- Yes
- Equestrian
- Arena, Corral(s), Pasture, Tack Room
- Outdoor Spaces
- Covered, Deck, Front Porch, Patio
- Features
- Balcony, Fire Pit, Garden, Private Yard
Structure
- Type
- House
- Condition
- Updated/Remodeled
- Levels
- Two
- Water
- Well
- Sewer
- Septic Tank
- Heating
- Baseboard, Forced Air, Radiant Floor
- Cooling
- None
- Materials
- Wood Siding
- Roof
- Metal
Interior
- Rooms
- Bathroom Full x 5, Bedroom x 7, Great Room, Kitchen, Laundry
- Flooring
- Wood
- Appliances
- Cooktop, Dishwasher, Dryer, Freezer, Microwave, Oven, Range, Range Hood, Refrigerator, Washer
- Features
- Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
Property utilities
| Category | Type | Status |
|---|---|---|
| Power | Grid | Connected |
| Gas | Natural Gas | Connected |
| Sewage | Septic System | Connected |
| Water | Private Well | Connected |
Nearby schools
| Name | Type | District |
|---|---|---|
| Bayfield | Elementary | Bayfield 10 JT-R |
| Bayfield | Middle | Bayfield 10 JT-R |
| Bayfield | High | Bayfield 10 JT-R |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 15, 2026 | New listing | $28,500,000 | — | REcolorado |











































