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Browse All Pagosa Springs CO Between $200K - $300K Properties for Sale

$299,999
2 Beds 1 Baths 837429 MLS
This well-positioned home overlooking Lake Pagosa offers exceptional investment potential in one of Colorado’s most sought-after vacation markets. Ideal as a short-term rental, long-term rental, or seasonal retreat, this property is located in the highly desirable Pagosa Lakes area—an established community known for strong rental demand and year-round tourism. With its efficient layout and open kitchen featuring generous counter space and bar seating, the home lives larger than its square footage, maximizing guest comfort and rental appeal. New carpet installed on 7-8-2026! The south-facing paved driveway adds value and convenience by naturally reducing snow and maintenance costs—an important feature for winter tenants and guests. Ownership also provides access (with optional membership) to the Pagosa Lakes Recreation Center, offering an indoor pool, fitness equipment, racquetball courts, and classes—amenities that enhance both lifestyle and rental desirability. Outdoor recreation drives consistent visitor demand, making this property especially attractive for income generation. Residents and guests enjoy exclusive access to four stocked fishing lakes, while world-class skiing at Wolf Creek Ski Area—just 30 minutes away—draws winter visitors from across the country. Located in the thriving mountain town of Pagosa Springs, known for its hot springs, outdoor recreation, and growing tourism economy, this home represents a compelling opportunity to generate rental income while benefiting from long-term property appreciation. Whether you’re looking to expand your investment portfolio, secure a high-demand vacation rental, or own a flexible mountain asset, this property offers both immediate income potential and lasting value.

46 E Radiant, Pagosa Springs

$239,900
836397 MLS
This amazing parcel is an outdoors lover's dream. Enjoy a scenic drive out North Pagosa Boulevard, past multiple gorgeous lakes and to the mouth of iconic Martinez Canyon. Pull into the lot that provides National Forest Service Gate Five access and walk a few feet to the right of the gate. Yes, this rare lot is adjacent to the gate and shares a fence line to the south with pristine National Forest. Walk the parcel to fully appreciate its gentle topography, mighty tall timbers, multiple build sites and both up-valley views to the north and down-forest views to the south. Paved road access rests to the front of the lot and the stunning cliffs and meadows, plus, a seasonal stream meander for miles down the neighboring canyon, eventually ending at Highway 160. In addition to being a gateway to miles of forest trails, the brief drive back to the Uptown Pagosa core area, the incredible PLPOA Recreation Center, improved bike paths, lakes and all your favorite stores and restaurants make the parcel ideally located. Outside your back door are also miles of outstanding bike, snowshoe, cross country skiing and hiking trails, all launching from Gate Five. This truly unique parcel deserves an equally unique custom home or mountain cabin. See the other available lots first and save this beauty for your final stop of the day. Keep in mind that the light, colors, feel and personality of this parcel will change dramatically from daybreak to starlight and from spectacular season to season. If you enjoy wildlife, you'll appreciate a huge variety of alpine birds, wildflowers and critters which also visit and change throughout the year. Do you have horses? Yes, you may. Take your time, hike the forest, walk the parcel and savor the potential of this tasty offering today.

3898 N Pagosa Blvd, Pagosa Springs

$209,000
836200 MLS
**GORGEOUS MOUNTAIN VIEWS**Escape to your own private, park-like sanctuary in the prestigious Timber Ridge community. Spanning nearly three pristine acres, this exceptionally rare lot features almost 100% usable terrain with just enough gentle slope to perfectly position a custom architectural masterpiece. Designed right, your future dream home will capture breathtaking, sweeping views of the Continental Divide, and a stunning view of Pagosa Peak. Tucked quietly toward the end of Cool Pines Road, this property offers an abundance of peace and privacy with minimal traffic. The journey home takes you down a beautifully paved street lined with some of the most elegant mountain estates Pagosa Springs has to offer. Timber Ridge stands out as a premier mountain enclave, combining the rugged beauty of Colorado with top-tier modern conveniences, including central water and sewer, paved roads, and underground utilities to protect your pristine views. As an owner, you will enjoy miles of dedicated hiking and equestrian trails, open green spaces, a gorgeous log clubhouse for social gatherings, and convenient equestrian facilities. While you will feel a world away in this quiet neighborhood, you are incredibly close to everything that matters. Just minutes from the medical center, shopping, a 27-hole public golf course, and the Pagosa Lakes Resort area. You are also just a quick six-mile drive from historic downtown Pagosa Springs, home to excellent dining, shopping, and the world-famous, deepest geothermal hot springs on the planet. When adventure calls, legendary Wolf Creek Ski Area, famed for the most snow in Colorado, is less than 30 minutes away. Whether you plan to bring your skis, hiking boots, mountain bikes, or just a hammock and a great book, this spectacular property is where your Colorado story begins.

1362 Cool Pines Dr, Pagosa Springs

$225,000
835973 MLS
35+ Acres | Build-Ready | Gated | Private Fishing Access | AG Tax Status One of the best land values in Pagosa Springs. Welcome to 35+ acres of Colorado high-country freedom, where the hard work is already done and your dream home is ready to begin. Tucked inside an exclusive 3,500+ acre gated community, this rare build-ready parcel combines privacy, infrastructure, and breathtaking natural beauty. Arrive via the completed gravel driveway to a leveled homesite featuring a private sweet-water well, engineered 3-bedroom septic system, and power already brought to the build site (transformer installed, meter is not there, with conduit in place) saving significant time, expense, and uncertainty. Wake up to panoramic views of rolling mesas, mountain peaks, ancient rock outcroppings, a natural spring across the street, and endless Colorado skies. Wildlife moves naturally through the area, creating unforgettable opportunities to enjoy nature right outside your door. Property highlights include: • 35+ acres with AG status, taxes approximately $13/year • Private well with generous outdoor use allocation • Build up to two residences (subject to POA guidelines) • 11 acres of private San Juan River fishing access (put in up river and raft or kayak to the community access) • Road maintenance and snow removal provided by POA • Access to recreation, hiking, horseback riding, biking, skiing, and nearby National Forest. With a substantial financial investment made in infrastructure, this property lets you skip the wait and start creating the lifestyle you've imagined. If you’ve been searching for privacy, views, a tremendous land opportunity in Pagosa Springs, this is one you need to experience in person.

1208 S Rockcliff Cir, Pagosa Springs

$225,000
835813 MLS
What used to be called a million-dollar view is now a billion-dollar view. Stunning Colorado mountain property just 4 miles south of Pagosa Springs. This exceptional 2.5-acre parcel offers the perfect balance of privacy, convenience, and freedom with no HOA and no covenants. The ideal building site is already established and positioned to capture breathtaking 180-degree views of the San Juan Mountains, Continental Divide, Square Top Mountain, Quartz Ridge, and surrounding peaks. Overlooking beautiful Echo Lake, this property delivers some of the most impressive scenery in Southwest Colorado. Enjoy spectacular sunsets, abundant wildlife, peaceful surroundings, and incredible dark night skies. Whether you're planning a luxury mountain home, vacation retreat, or full-time residence, this property provides the ideal setting to bring your vision to life. Located just minutes from downtown Pagosa Springs, you'll enjoy convenient access to shopping, dining, medical services, and all the outdoor recreation that makes the area famous, including Wolf Creek Ski Area, the World's Deepest Hot Springs, championship golf, world-class fly fishing, hiking, mountain biking, boating, hunting, horseback riding, and millions of acres of National Forest. Looking for an even bigger opportunity? The adjoining 2.5-acre parcel to the north is also available. Purchase both properties and enjoy over 5 acres of some of the finest views in Pagosa Springs while doubling your investment potential. Whether you're creating a larger estate, preserving additional privacy, building for future generations, or holding one parcel as an investment, opportunities like this are increasingly rare. Rarely does a property combine such incredible views, location, flexibility, and future potential. As spectacular as the photos are, the views are truly even better in person. Come experience Colorado mountain living at its finest.

281 Alder Pl, Pagosa Springs

$225,000
835811 MLS
What used to be called a million-dollar view is now a billion-dollar view. Stunning Colorado mountain property just 4 miles south of Pagosa Springs. This exceptional 2.5-acre parcel offers the perfect balance of privacy, convenience, and freedom with no HOA and no covenants. The ideal building site is already established and positioned to capture breathtaking 180-degree views of the San Juan Mountains, Continental Divide, Square Top Mountain, Quartz Ridge, and surrounding peaks. Overlooking beautiful Echo Lake, this property delivers some of the most impressive scenery in Southwest Colorado. Enjoy spectacular sunsets, abundant wildlife, peaceful surroundings, and incredible dark night skies. Whether you're planning a luxury mountain home, vacation retreat, or full-time residence, this property provides the ideal setting to bring your vision to life. Located just minutes from downtown Pagosa Springs, you'll enjoy convenient access to shopping, dining, medical services, and all the outdoor recreation that makes the area famous, including Wolf Creek Ski Area, the World's Deepest Hot Springs, championship golf, world-class fly fishing, hiking, mountain biking, boating, hunting, horseback riding, and millions of acres of National Forest. Rarely does a property combine such incredible views, location, and flexibility. As spectacular as the photos are, the views are truly even better in person. Come experience Colorado mountain living at its finest.

282 Alder Pl, Pagosa Springs

$289,000
834585 MLS
Ready for your escape?-69 & 45 Evening Rain is 4 heavenly acres with over 220 Ft of the lower blanco river. Bring your RV, hook up to the electric, gather around the campfire, roast marshmallows beneath the stars, reel in a fish, tie up a tube, pick wild raspberries and unwind with a glass of wine while the river gently flows by and the wind rustles through the trees. Easily accessible river frontage offering the rare combination of freedom, beauty, and a blank slate for future opportunity. With no HOA, you can enjoy your land your way. Multiple level building sites are nestled within a lush meadow backed by a scenic, tree-covered hillside filled with aspens, evergreens, and towering ponderosas for exceptional privacy and a true Colorado mountain feel. Free river conditions allow you to drop in a pump and irrigate your property at zero cost — no adjudicated water rights needed. A gallery well should be an easy addition, making this property even more attractive for future plans. Located in a coveted area on a quiet dead end country road, with neighboring properties that reflect pride of ownership, this is the ideal affordable opportunity to jump in and start enjoying river life immediately. No pressure to build right away — take your time, camp, explore, relax, and discover everything this incredible property has to offer. Total acreage is in two contiguous unconsolidated lots preserving maximum building potential. The future here is bright — and it starts the moment you arrive. Come take a stroll and relax by the river. Once you get on this property, you'll never want to leave.

69 Evening Rain, Pagosa Springs

$229,000
1 Beds 1 Baths 833277 MLS
Views in every direction! If you have been dreaming of home ownership and waiting for that perfect starter home, here it is!! This is not a fixer upper but a well maintained, updated home! The covered porch is perfect for some front porch sitting and taking in the view. Inside you will find new freshly painted walls throughout the entire home, updated kitchen with new appliances, high end tiled counter tops, new sink and cabinets. The propane stove is set on a matching tiled hearth and keeps this super effecient home cozy in the winters. Upstairs is a spacious main bedroom with new flooring and a large walk in closet. You will love the extra little features that add character to this home such as the arched doorways, smooth rounded corners, tongue and groove breakfast bar and the large windows with a view out every one! This home also sits on a full poured concrete basement with interior access perfect for storage. The exterior of the home is sided in durable cement board. The back of the house has a graveled private patio area that extends out to a much larger graveled patio area where you have San Juan Mountain views, green valley views, Broken Off, and Devils Mountain. There are raised garden beds just waiting for you to plant this summers garden!! The front of the home has a newer privacy fence and a gated driveway. The entire property is perimeter fenced. As if all this wasn't enough, the home also has a brand new 2 bedroom septic system!! This is not a property to overlook, you will fall in love with this little gem.

244 Carols Curves, Pagosa Springs

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