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Browse All Pagosa Springs CO Between $400K - $500K Properties for Sale

10 Pioneer Ct, Pagosa Springs
$425,000
4 Beds ⋅ 3 Baths ⋅ 838954 MLS
4 BEDROOMS | 3 FULL BATHROOMS | BONUS ROOM NEW CARPET!! Discover this spacious 4-bedroom, 3-full-bathroom home with an additional bonus room—offering a rare opportunity to create a home that truly reflects your style and vision. Whether you're looking for a primary residence, mountain retreat, or investment property, this home provides a solid foundation with plenty of room to make it your own and build equity along the way. The generous floor plan offers comfortable living spaces and flexibility for a variety of needs. The additional bonus room could serve as a playroom, game room, home office, or hobby space, depending on your lifestyle. NEW CARPET in the living room, hallways, and all the bedrooms. The kitchen and dining areas feature existing hardwood flooring that offers additional potential to refresh and enhance the space. Situated on three lots in a peaceful setting of Pioneer Court, a quiet cul-de-sac, this property offers both space and convenience. Enjoy beautiful mountain views from the side deck and front yard, while the large deck creates an inviting outdoor living area—perfect for relaxing, entertaining, and taking in the surrounding Colorado landscape. Conveniently located just minutes from Highway 160, shopping, dining, and many of Pagosa Springs' amenities, this property puts you close to everything while maintaining a comfortable residential setting. Priced to sell and full of potential, this is an opportunity you won't want to overlook. Properties offering this combination of size, location, and potential are a rare find in Pagosa Springs!

10 Pioneer Ct, Pagosa Springs

904 Cloud Cap Ave, Pagosa Springs
$425,000
3 Beds ⋅ 3 Baths ⋅ 838860 MLS
Lake Pagosa Retreat – Lake Views & Colorado Mountain Living! Discover an affordable opportunity to enjoy the Pagosa Springs mountain lifestyle with this inviting 3-bedroom, 2.5-bath townhome-style residence in Pagosa Lakes. Located directly across the street from Lake Pagosa and just steps from one of the neighborhood owner-access points, this property puts fishing, paddling, and outdoor recreation right outside your door. Grab your fly rod and float tube, launch your boat, or simply relax and take in the peaceful surroundings. The welcoming front deck overlooks Lake Pagosa, creating a wonderful spot for morning coffee or evening relaxation with a lake view. Out back, a second deck opens to a private fenced backyard, offering space to entertain, unwind, and let your four-legged companions enjoy the outdoors. Inside, the comfortable three-bedroom layout provides plenty of flexibility for a full-time Pagosa Springs home, Colorado vacation getaway, or mountain retreat. With 2.5 baths and comfortable living spaces, there's room for family and guests while still maintaining the cozy feel of a mountain home. The owner has replaced the water heater, dishwasher, refrigerator, washer and dryer and has had the crawlspace insulated and encapsulated. This location makes this Pagosa Lakes property especially appealing. You're just minutes from grocery shopping, restaurants, coffee shops, and everyday conveniences, while historic downtown Pagosa Springs, Colorado offers additional shopping, dining, the scenic San Juan Riverwalk, and the famous Pagosa hot springs. Hiking, fishing, mountain biking, and year-round recreation in the San Juan Mountains are all within easy reach, with Wolf Creek Ski Area making winter adventures just as enticing. If you've been searching for an affordable Pagosa Springs townhome with lake views, easy access to outdoor recreation, a fenced yard, and a convenient location, Lake Pagosa Retreat deserves a spot at the top of your list.

904 Cloud Cap Ave, Pagosa Springs

410 Pines Dr, Pagosa Springs
$419,000
3 Beds ⋅ 2 Baths ⋅ 838393 MLS
Welcome to 410 Pines Drive, a comfortable Pagosa Springs home where warmth, functionality, and mountain-town living come together. Tucked among mature pines and oak trees, the property offers a relaxed setting with a covered front porch, creating an inviting place to sit back and enjoy the surroundings. Inside, the home has an easy, livable feel with an open kitchen, dining, and living area designed for everyday living and gathering. The kitchen features warm Alder wood cabinetry, generous counter space, a center island, and plenty of storage. At the same time, multiple windows and a sliding glass door bring natural light into the adjoining dining area. The living room flows naturally from the kitchen, creating a comfortable central gathering space. The home's flexible floor plan provides room for family, guests, a home office, or hobby space, while ample closet storage adds to its everyday practicality. A dedicated laundry room with additional shelving and an exterior entrance provides another welcome convenience. The home was also re-plumbed in 2013, complementing the many practical features that make 410 Pines Drive comfortable and easy to enjoy. Outside, mature trees provide character, shade, and a sense of privacy, while the covered front porch adds genuine Colorado charm. A metal roof, attached garage, additional off-street parking, and a manageable yard make the property well-suited for either a full-time residence or a Pagosa getaway. Comfortable, functional, and full of potential, 410 Pines Drive offers the kind of home that's easy to settle into and make your own. Come see what this inviting home has to offer.

410 Pines Dr, Pagosa Springs

109 Ace Court, Unit 103, Pagosa Springs
$459,000
3 Beds ⋅ 2 Baths ⋅ 838149 MLS
GROUND-FLOOR GOLF COURSE CONDO, FULLY FURNISHED & MOVE-IN READY. Wake up to ponderosa pines and greens bordering your backyard. This 3-bedroom, 2-bath condo backs directly to Pagosa Golf Course, giving you a private, quiet backyard setting most units in town simply can't offer without sacrificing convenience. LOCATION THAT DOES IT ALL: You are located a few minutes from Hwy 160 and one block from Piedra Road, which runs straight up into the National Forest and hiking trails. Downtown Pagosa Springs—with hot springs, restaurants, and shopping—is 10 minutes east. The local supermarket is 5 minutes west. Wolf Creek Ski Area, Colorado's highest and snowiest resort, is an easy 40-minute drive, with the Hot Springs waiting for you on the way home. MOVE IN AND STAY: As a ground-floor unit—always in high demand—you'll park just 50 feet from your door. After service as a short-term rental, the condo was recently upgraded (check out the sliding closet doors with new heavy-duty hardware) and is clean and well-maintained. Laid out with 9' ceilings, a spacious kitchen and generous breakfast bar, it comes with furniture, linens, towels, and cooking supplies, many items brand-new. Move in on the day of closing, stay a few days or settle in for good—without bringing a thing. INVESTMENT POTENTIAL: Short-term rentals are permitted (currently in the application process), offering flexibility for both personal use and investment—or hold it as a long-term rental for steady, reliable income. Being part of the Pagosa Lakes HOA, you also get access to the recreation center and private fishing lakes. The condo HOA covers water, sewer, trash, snow removal, and building maintenance for truly effortless ownership in one of Pagosa's most sought-after settings.

109 Ace Court, Unit 103, Pagosa Springs

X County Rd 359, Pagosa Springs
$499,000
838143 MLS
80 ACRES. NO HOA. EXISTING WELL, NO COVENANTS. FIRST TIME EVER OFFERED FOR SALE. Rarely does a property like this come to market. Owned by the same family for generations, this remarkable 80-acre parcel is now being offered for sale for the very first time. Located 25 minutes from historic downtown Pagosa Springs, it offers the space, privacy and freedom to create your own Colorado mountain refuge. Bring your RV or Fifth Wheel and set up camp-The land is naturally beautiful and wonderfully usable, with mature Ponderosa pines, colorful wildflowers, native ground-cover and sweeping mountain and peak views. Coyote Creek runs along the base of the property, providing a natural draw for big game and abundant wildlife and adding another special element to the landscape. With no HOA and no CCRs, the possibilities are wide open. An existing residential well is already in place, and a rough drive has been cut into the property, making it easier to explore and envision what could eventually be here. Spend some time on the land and experience the setting for yourself. This is the kind of property where you can truly get away from it all without being far from town. Enjoy the peace and privacy of 80 acres while remaining 25 minutes from the shops, restaurants, hot springs and amenities of historic downtown Pagosa Springs. Big views. Big wildlife. Big possibilities. Your mountain refuge in Pagosa awaits. Get your feet on the ground, walk the land and start imagining your future here.

X County Rd 359, Pagosa Springs

X & 540 S 5th Street, Pagosa Springs
$449,000
838040 MLS
Premier San Juan River Development Opportunity: The largest undeveloped building site within the highly desirable Pagosa Riverwalk area, this exceptional property offers a rare combination of location, flexibility, and long-term value. Situated along the San Juan River just south of historic downtown Pagosa Springs, the parcel presents one of the last opportunities to secure a substantial riverfront development site within walking distance of the area's most sought-after amenities. Zoning and site configuration allow for a wide range of development possibilities, including a custom single-family residence, duplex, triplex, fourplex, townhome project, condominium development, or a multi-unit residential community of up to ten units. Few properties in Southwest Colorado offer this level of versatility combined with such a prime riverfront setting. The site is fully served by central water and sewer infrastructure, with electrical and natural gas utilities readily available within the development, significantly reducing development complexity and cost. Expansive views of the surrounding mountain ranges and the San Juan River Deer, waterfowl, and other wildlife are frequent visitors, enhancing the peaceful character of this quiet and secure riverfront environment. Residents enjoy direct access to the river trail system, providing a pleasant walk to downtown Pagosa Springs, The Springs Resort, local restaurants, shopping, galleries, and community events. Whether your objective is to create an income-producing investment property, develop highly desirable riverfront residences, or build a personal retreat with supplemental rental opportunities, this offering represents a truly unique acquisition opportunity. Riverfront development sites of this size and quality have become increasingly scarce throughout Colorado, particularly those located within established communities and within walking distance of a vibrant downtown district. The demand for in-town, riverfront, low-maintenance residences continues to exceed supply. Future owners will enjoy immediate access to fly fishing, rafting, paddleboarding, hiking, and mountain biking, all from their front door. Riverfront development opportunities within the Town of Pagosa Springs are exceptionally limited, making this a compelling long-term investment. Whether you're ready to build now or secure a premium riverfront asset for the future, this is one of Pagosa Springs' most unique residential development opportunities. Call today to schedule a private tour and explore the development possibilities of one of Pagosa Springs' most compelling riverfront opportunities.

X & 540 S 5th Street, Pagosa Springs

15 Enchanted Pl, Pagosa Springs
$459,000
2 Beds ⋅ 2 Baths ⋅ 837595 MLS
MOUNTAIN CABIN FEVER? WE’VE GOT THE CURE! Pack your bags, grab your hiking boots, and come get your Pagosa on! Cabins like this, don't come along often-This iconic, move-in-ready D log cabin comes completely turn-key furnished and is tucked into a gorgeous, private wooded setting. Featuring 2 bedrooms, 1½ baths, and easy main-floor living plus an open loft bedroom, this cozy cabin is ready for your next adventure. Warm up by the wood-burning stove beneath the vaulted ceiling, kick back on the covered deck surrounded by colorful perennial gardens with natural boulder accents, or simply enjoy the peace and privacy of your beautifully mitigated, treed setting. Need room for your mountain toys? The 3 parking areas and insulated detached garage with electricity has you covered. The location is hard to beat. Greenspace access to Lake Pagosa is directly across the road with all paved access, and you can bike or walk to Uptown Pagosa without ever hitting a main road. With central water, sewer, natural gas, and electric, you get all the mountain charm without sacrificing convenience. As a PLPOA property owner, you'll have access to area lakes, the Recreation Center, forest trails, and even more ways to get outside and play. Then there's Pagosa! Soak in the world's deepest geothermal hot springs, hit the nearby 27-hole golf course, grab coffee, enjoy fine dining, or head up to Wolf Creek Ski Area for legendary winter powder. Private. Playful. Peaceful. Perfect. Come for the cabin. Stay for the adventure. Your Pagosa mountain getaway is calling! And there's more—The adjacent 0.37 acre lot is available for purchase separately. Seller is willing to consider owner financing on this additional lot! Schedule your showing and dive right into your Pagosa Springs adventure!

15 Enchanted Pl, Pagosa Springs

956 Beucler Ln, Pagosa Springs
$405,000
3 Beds ⋅ 2 Baths ⋅ 836216 MLS
Welcome to your peaceful mountain retreat in Aspen Springs! Situated on a generous, tree-lined 1.2-acre lot, this beautifully maintained 3-bedroom, 2-full-bath manufactured home offers 1,736 square feet of comfortable, single-level living. From the moment you arrive, you will appreciate the extensive, high-value infrastructure upgrades designed to give you ultimate peace of mind, starting with a property professionally fire-mitigated to fully comply with safety standards. Step inside to find a spacious and inviting floor plan featuring a bright living area, a functional kitchen equipped with a brand-new stove and microwave, and a charming pellet stove and fireplace that serve as cozy focal points. A brand-new forced-air furnace, a new 500-gallon propane tank, and additional insulation ensure you stay perfectly warm and comfortable on cold winter nights. Clean, crisp water is guaranteed throughout the home thanks to a newly installed, state-of-the-art water filtration and aeration system for the existing well, perfectly paired with a new Reverse Osmosis (RO) drinking water system at the tap. Further adding to the property's long-term, worry-free maintenance is a brand-new septic tank that has just been installed. Conveniently located within the Aspen Springs Metropolitan District, this home perfectly balances rural Colorado charm with modern, high-quality mechanical upgrades. Schedule your tour today and see everything this move-in-ready property offers!

956 Beucler Ln, Pagosa Springs

20 Timberline Dr Unit F, Pagosa Springs
$462,000
3 Beds ⋅ 3 Baths ⋅ 836104 MLS
Modern Mountain Townhome — Sold Fully Furnished. This one's turnkey in every sense of the word. A beautifully maintained 3-bedroom, 2.5-bath townhome with an attached 2-car garage, tucked into the scenic landscape of Pagosa Springs — and it's being sold fully furnished. Walk in, drop your bags, and you're home. Whether you're after a full-time residence, a vacation retreat, or an income-producing investment, this home gives you options most don't. Step inside to a comfortable open-concept layout. The living room is anchored by a gas fireplace and warmed by forced-air gas heat, with durable luxury plank vinyl flooring running throughout the downstairs. Every furnishing and detail reflects the mountain spirit of Pagosa — it's ready to live in or rent out as-is. The kitchen is the heart of the home: stainless steel appliances, a large gas stove, a full pantry, and plenty of storage. A downstairs half bath adds convenience for guests, and there's a walk-in storage space under the stairs that's perfect for stashing sporting gear. Upstairs you'll find three spacious bedrooms, including a large primary suite with a private on-suite bath and a generous walk-in closet with a customizable shelving system. The laundry room is conveniently located on the upper level too. A portable AC unit keeps things comfortable through Pagosa's warmer months. Built for Colorado living, the current owners added custom ski and snowboard racks and dedicated gear storage. Recent upgrades include ceiling fans in every bedroom and the living room, modern light fixtures in the dining room, stairwell, and upper hallway, blackout curtains in all bedrooms, and custom mountain ski decor. This is an energy-efficient home with low utility costs and one of the lowest HOA fees in Pagosa — and the HOA maintains the exterior, so you get the lock-and-leave lifestyle without the upkeep. Enjoy mountain views and outdoor dining from the covered deck. As an east-facing end unit, it catches plenty of morning light, offers afternoon shade on the deck, and shares just one common wall. Bottom line: this is a rare, truly turnkey opportunity — furnished, low-maintenance, and wrapped in the beauty of mountain living. Come make it your own.

20 Timberline Dr Unit F, Pagosa Springs

76 Saturn Dr, Pagosa Springs
$469,000
2 Beds ⋅ 3 Baths ⋅ 834658 MLS
76 Saturn delivers the best of mountain living with modern design, partial Lake Hatcher views, and easy access to trails and outdoor recreation, all tucked into an established neighborhood. Originally purchased brand new in February 2025 for $498,000, this nearly new home is now offered at $469,000, giving buyers an opportunity to own a newer home for significantly less than its original purchase price. Thoughtfully designed for comfortable, efficient living, this single-level home features an open-concept floor plan, distinctive craftsmanship, and quality finishes throughout. The living area is anchored by a dramatic floor-to-ceiling rock gas fireplace, soaring lighted display shelves, and expansive windows that fill the home with natural light while showcasing the surrounding scenery. The kitchen offers abundant cabinetry, solid-surface tile countertops, a functional island, and a corner sink positioned to take in the mountain and lake views. Adding a unique touch of character, many of the solid-wood cabinets and doors were reclaimed from a historic 10,000-acre ranch remodel, bringing craftsmanship, durability, and a story rarely found in a newer home. The split-bedroom layout provides excellent privacy, with each bedroom featuring its own attached bathroom. The primary suite includes a beautifully tiled walk-in shower, while the secondary suite offers a tub/shower combination. A convenient half bath serves guests. Outside, enjoy a covered front patio, mature aspen trees providing natural separation, an oversized one-car attached garage, generous concrete parking apron, and a large greenbelt behind the home that adds privacy and open space. Beyond the property itself, the Lake Hatcher setting makes outdoor recreation part of everyday life. Lake Hatcher is a 133-acre lake and a popular fishery for trout, bass, and other species. Nearby trail systems offer opportunities for hiking and mountain biking, while winter brings excellent opportunities for snowshoeing and cross-country skiing. Coyote Hill, part of the nearby trail network, features groomed Nordic trails for classic and skate skiing as well as a designated groomed snowshoe loop.

76 Saturn Dr, Pagosa Springs

695 Ute Dr, Pagosa Springs
$435,000
3 Beds ⋅ 2 Baths ⋅ 834509 MLS
Welcome to your mountain retreat at 695 Ute Drive in beautiful Pagosa Springs. Nestled in the heart of Colorado's stunning mountain country, this charming 3-bedroom, 3-bathroom cabin on 2.24 acres with a private well; offers the perfect blend of rustic character and modern comfort across 2,031 square feet. One of this property's standout features is its flexibility. The separate apartment, complete with its own private entrance, kitchen, bedroom, and bathroom, offers flexibility to suit a variety of lifestyles—from guest accommodations and multigenerational living to private space for extended family or the potential for supplemental rental income. A secure locking door connects the apartment to the main home, allowing it to function independently while remaining part of the residence. The property also includes two RV sites with electrical hookups and one sewer connection, providing additional options for guests, extended family, or potential rental use. All of these versatile spaces may provide opportunities to help offset ownership costs. Buyers should verify all rental regulations with Archuleta County, as short-term rentals require county approval and a permit. Outdoor enthusiasts and hobby farmers will absolutely fall in love with this incredible setup. The land is fully fenced and ready for horses, while there's ample room for chickens and a flourishing garden. Perhaps the most remarkable feature is that the property borders 126 acres of greenbelt, offering endless opportunities for riding, hiking, and exploring right from your doorstep. Enjoy breathtaking valley and mountain views without the restrictions of a homeowner's association. Nearby Ute Park offers playground amenities and pickleball courts, while world-renowned Wolf Creek Ski Area and the area's natural hot springs are just a scenic drive away. Whether you're looking for a full-time mountain home, space for extended family, room for hobbies and animals, or the flexibility to supplement your ownership costs through additional living spaces, this unique property offers a rare combination of privacy, versatility, and the Colorado mountain lifestyle.

695 Ute Dr, Pagosa Springs

42 W Radiant Ct, Pagosa Springs
$410,000
3 Beds ⋅ 2 Baths ⋅ 833953 MLS
SINGLE-STORY, well-priced, and full of upgrades—this 3-bedroom, 2-bath Pagosa Springs home is a standout opportunity in today’s market with lower mortgage rates than we have seen in months. Natural gas hot water baseboard heat, rarely available at this price point. It makes for cozy, warm floors in the winter as well as a better environment for the allergy sensitive. Recent improvements include a brand-new modern entry door, laminate flooring, new ceiling fans, tankless water heater, new boiler, filtration system, hot water exterior faucet, upgraded mechanics. The backyard borders greenbelt, which opens into an even larger greenbelt leading to Lake Pagosa, the fishing dock, and boat launch area—an ideal cul-de-sac setting for anyone who loves easy lake access without the lakefront price tag. Enjoy quiet surroundings, nice neighboring homes, and a location that feels peaceful while still being close to everything. Perfect entry into the Pagosa Springs real estate market. Just a couple miles to the Pagosa Lakes Recreation Center, about 5 minutes to Pagosa Springs Golf Course, and minutes from restaurants, coffee, groceries, medical services, trails, and everyday conveniences. Downtown Pagosa Springs is less than 10 minutes away for soaking at the famous hot springs, fly fishing the San Juan River, dining, shopping, and disc golf on Reservoir Hill. A warm, well-loved home ready for its next chapter.

42 W Radiant Ct, Pagosa Springs

559 S 2nd St, Pagosa Springs
$499,000
831907 MLS
Zoned for up to 16 units per acre! Additional property available on adjacent lots. Own one of the most compelling development opportunities in the heart of Pagosa Springs. This 0.52-acre mixed-use residential parcel offers flexibility, mountain views, and walkability—an increasingly rare combination in this highly desirable mountain community. Development-ready parcel ideally suited for condominiums, townhomes, or single-family residences. Located in a rapidly growing and vibrant downtown area, this property offers exceptional convenience and lifestyle appeal. Just steps from the Riverwalk, Yamaguchi Park, the dog park, pickleball courts, Reservoir Hill, and other popular amenities, the site provides easy access to all utilities and currently has no HOA restrictions. Positioned to showcase sweeping views of Pagosa Peak and Saddle Mountain, the property provides a stunning alpine backdrop for a custom home, duplex, townhomes, or multifamily investment. With public utilities available and no HOA or covenants, you have the freedom to design and build without unnecessary restrictions. Location is everything—and this one delivers. Step outside to enjoy the scenic San Juan Riverwalk, spend afternoons fishing along the San Juan River, or take in small-town charm with front-row views of the town’s 4th of July fireworks. You’re minutes from the world-famous The Springs Resort, hiking and biking on Reservoir Hill Park, community events at Yamaguchi Park and Town Park, and live performances at the historic Liberty Theatre. For winter enthusiasts, legendary powder awaits at Wolf Creek Ski Area—just a scenic drive away. Whether you envision a primary residence, vacation getaway, or income-producing development, this centrally located lot offers unmatched potential, dramatic views, and year-round recreation at your doorstep. Opportunities like this in downtown Pagosa Springs are few and far between. Additional adjacent lots possibly available, call for details. See my contact info immediately below this description to schedule a showing!

559 S 2nd St, Pagosa Springs

478 & 445 Bonanza Ave, Pagosa Springs
$500,000
826862 MLS
Explore the Potential for Easy Owner Financing Available to Purchase this Prime Development Opportunity in the Pagosa Lakes! Close Conveniences, Year Round County Maintained Roads, Beautiful Trees, Mountain Views, and Bordered by over 110 ares of Green Space! Be a hero to many with the potential for 27+- home sites as the original plat reflects with a raw cost breakdown of just under $19k per lot. Central water, sewer, and natural gas for this development is available through line extensions, and electric already runs along the back side of the East side parcel. The multiple lots have been condensed into two parcels for optimal holding costs during the planning phase. This is the ideal location to provide more affordable housing solutions for those that work each day to help this fantastic community of Pagosa Springs continue to grow and thrive. Archuleta County, PLPOA and the Utility Providers (PAWSD, LPEA and Black Hills) are eager to do their part in making this vision a reality. Pagosa is celebrated as being in one of the top 10 best mountain towns to live with Wolf Creek ski area, the world's deepest hot springs, 2.8 million acres of big game and wildlife filled national forest and free flowing fish rich live waters. Being a property owner in the PLPOA isn't without its perks...Access to the fully staffed Rec center, lakes, forest gates, bike paths and Wyndam activities with golf course close by too. Buyer to complete their own due diligence.

478 & 445 Bonanza Ave, Pagosa Springs

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Between $400K - $500K Pagosa Springs Real Estate

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