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$394,500

Listing Price

3beds

3baths

1,248sqft

130,680sqft lot

656 Gem Ln, Bayfield, CO 81122

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Mobile

Home type

--

Price / sqft

1974

Year built

Home Details

PRICE REDUCED FOR INVESTORS!! Need a place to park vehicles, store things, and have a large shop space while making passive income renting out the 3 bedroom home, and separate studio apartment? Sitting on 3 acres just north of Gem Village, endless possibilities exist with this property (No HOA)! The offering: 3 bedroom 2 bathroom home with large attached sunroom; detached garage with finished studio apartment complete with bathroom, kitchen, and separate washer/dryer; A massive ~1, 266 sqft shop with two pull through options; a separate 40' storage container. Beautiful mountain and valley views in all directions! A small pond sits on the property just above the irrigation ditch that stays full of water year round. There is a private 200' deep well that services the home and apartment with great water. Lots of storage options as well, and endless opportunities with the incredible shop space. With no HOA, the opportunities are endless!

Interior Details

Square Feet
  • 1248

Bedrooms
  • 3

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air With Air Conditioning

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 130680

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Modular

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$891

$4,000

$11,710

--%

$15,710

2018

$812

$3,950

$10,630

--%

$14,580

2017

$815

$3,950

$10,630

--%

$14,580

2016

$866

$3,940

$11,500

--%

$15,440

2015

$690

$3,940

$11,500

--%

$15,440

2013

$597

$3,940

$8,820

--%

$12,760

2011

$521

$4,360

$10,820

--%

$15,180

percent-home-icon

Average Home Price in 81122

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$394,500

3 Beds

3 Baths

1,248 Sqft

130,680 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
394,500
$
Down payment
78,900
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
2,367
$
HOA (Monthly)
0
$
PMI
0
$
$2,554
Your Payment
Total Monthly Payment:$2,554
Percent of Income:44%
Affordable:No

Details for 656 GEM LN

Property Debt

Foreclosure Contact Details

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