Located in the highly desirable and private Ponderosa subdivision near Vallecito Lake in Bayfield, Colorado, this creekfront mountain cabin offers year-round access, Grimes Creek frontage, and a bonus accessory dwelling unit above the detached garage. Surrounded by mature pines with mountain views and the peaceful sound of running water, the property delivers the ideal Colorado mountain lifestyle just minutes from the Vallecito Lake marina, boat ramps, and recreation areas, and approximately 30 minutes to Durango. The main home features an open-concept layout with vaulted ceilings, abundant natural light, two main-level bedrooms, a full bath, laundry area, and a functional kitchen that flows seamlessly into the dining and living space. Upstairs, you’ll find a second bathroom and a flexible bonus room perfect for guests, office space, bunk room, or hobby area. A forced-air furnace ensures comfortable year-round living, making this suitable as a primary residence, vacation home, or income-producing mountain retreat. Outdoor amenities include a private footbridge over Grimes Creek, two storage sheds, a detached two-car garage, RV hookup, and additional living space above the garage complete with its own sleeping area and bathroom — ideal for guest quarters, caretaker space, or studio use. With close proximity to the San Juan National Forest and Weminuche Wilderness, this property offers easy access to boating, fishing, hiking, ATV trails, snowmobiling, and year-round recreation — all with no HOA or restrictive covenants. A rare opportunity for creekfront living near Vallecito Lake with flexibility, privacy, and true Southwest Colorado character.