Rare opportunity to own a 64.35-acre Colorado family compound and horse property featuring two separately deeded parcels – 4705 CR 502 and 4337 CR 502, two residences, three rental units, direct BLM and National Forest access, and proven income-producing potential. The property at 4337 CR 502 generated $56, 123 in short-term rental income over the past 12 months while offering exceptional privacy, recreation, and rural living, all less than 10 minutes from Bayfield. Surrounded by mature Ponderosa pines, open meadows, and rolling hillsides, this unique offering borders thousands of acres of BLM and National Forest lands, providing direct access to hunting units 75 and 751, private land hunting opportunities, horseback riding, hiking, ATV adventures, wildlife viewing, and endless outdoor recreation right from your doorstep. The offering consists of two separately deeded parcels that are being sold together as one exceptional family compound. Combined, the properties encompass 64.35 acres of usable land, including approximately 35 acres of fenced grazing pasture, making this an outstanding horse property, recreational retreat, or small ranch operation. Equestrian improvements include a barn with electricity, water, concrete feeding stalls, and a tack shed. The first residence, located at 4705 County Road 502, is a well-maintained 2, 832-square-foot home situated on 10 acres. The home features three bedrooms, two and one-half bathrooms, an attached two-car garage, spacious living areas filled with natural light, a wood-burning stove, a main-level primary suite, and two upper-level guest bedrooms with a shared bathroom. A fenced backyard provides a secure space for dogs, while the fenced garden area is ready for vegetables, flowers, or herbs. The combination of open meadow and mature timber creates a peaceful and private setting ideal for year-round living. The second residence, located at 4337 County Road 502, is a 3, 334-square-foot home situated on 54.35 acres. The property offers remarkable flexibility with three separate living spaces. The primary residence features approximately 1, 778 square feet on the main level with two bedrooms, two bathrooms, a spacious living room anchored by a floor-to-ceiling brick fireplace, a large country kitchen with abundant cabinetry, a dining area positioned to capture views of the surrounding landscape, and a covered front porch overlooking the meadows and mountains beyond. Large windows throughout the home bring in natural light and showcase the beauty of the property's forested setting. The upper level is designed to maximize flexibility and income potential. A private one-bedroom apartment features its own exterior entrance, kitchen, living room, full bathroom, and covered balcony. Also accessed from the upper-level common hallway is a separate studio suite with its own private entrance, kitchenette, full bathroom, and combined living and sleeping area. The apartment and studio share a common laundry area, creating two distinct guest or rental accommodations separate from the main residence. A 1, 532-square-foot basement is a meaningful feature, especially for rural buyers who need storage for tools, hunting gear, seasonal equipment, freezers, supplies, or workshop space. Both residences are served by a shared domestic well located on the 4337 parcel. Together, these properties create a rare opportunity for multi-generational living, a family retreat, an equestrian estate, a hunting property, or an income-producing mountain compound. Properties offering this combination of acreage, multiple residences, proven rental income, horse facilities, direct public land access, and close proximity to Bayfield are rarely available. Experience the privacy, recreation, and lifestyle that define Southwest Colorado living.
