Homes for sale in Vallecito Valley, Bayfield CO feature properties in an exclusive area at the north end of Vallecito Lake past the north marina at 7,700 feet elevation, offering high-end homes where owners can feel pride of ownership with walking and fishing easements along Vallecito Creek for all property owners. This premier valley floor community showcases homes ranging from 504 to 4,529 square feet on lots from 0.27 to 2.28 acres, providing Upper Valley Sanitation water and sewer service with annual HOA dues of $150 covering snow removal and propane service for natural gas needs. The area sits close to 2,000 feet higher than Durango with abundant winter snow requiring four-wheel drive vehicles for winter access, while deer, elk, bear, and turkey serve as common neighbors in this flood plain location requiring flood insurance. Located 43 minutes from Durango and 6 minutes from Vallecito Reservoir with access to one of Colorado's largest and most beautiful bodies of water featuring over 22 miles of shoreline, Vallecito Valley attracts discerning buyers seeking exclusive lakefront living with outstanding recreational activities and creek access privileges.