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5102 County Road 335th Rd, Pagosa Springs
$615,000
3 Beds ⋅ 2 Baths ⋅ 839315 MLS
Discover a piece of Lower Blanco history bordering the Rio Blanco, with its own well. Built in 1889, this adobe home offers the character of a historic property in a beautiful riverside setting. The property is near lots of hiking in the Upper Blanco and not far from Wolf Creek Ski Resort. The landscaped grounds and multiple outbuildings provide space for storage, projects, and enjoying the outdoors. Come explore the possibilities of this distinctive property.

5102 County Road 335th Rd, Pagosa Springs
132 & St, Pagosa Springs
$1,799,000
2 Beds ⋅ 3 Baths ⋅ 839180 MLS
An exceptional 1-acre, six-lot parcel tucked away at the end of a quiet cul-de-sac on trending Hermosa Street. Bordered by Cotton Hole Park and the San Juan River, the property offers private mountain vistas, unobstructed river access, and a large elevated building pad with utilities—an exceptionally rare combination in downtown Pagosa Springs. Two existing residences provide flexibility and income: a 1,100 sq. ft. 2-bedroom, 2-bath cottage currently generating $24,000 annually, plus a fully remodeled 500 sq. ft. studio/cabin operating as a successful short-term rental. The property is ideally suited for someone looking to build a dream home while having a turnkey place to stay and generate supplemental income during the process. With downtown convenience, privacy, mountain views, river access, and substantial future development potential, this is a truly distinctive Pagosa Springs property. Seller may consider Financing.

132 & St, Pagosa Springs
274 Pagosa St, Pagosa Springs
$1,499,000
838802 MLS
Established, successful restaurant in place, brewery space, and two income producing apartments under one roof. Prime Main Street (Hwy 160) frontage in Pagosa Springs' historic downtown core. Restaurant space under lease through October 2027, plus a separate brewery/flex-space lease. Partially equipped commercial kitchen, brewery buildout, and geothermal radiant heat in place. Zoned Mixed-Use Town Center (MU-TC) — flexible for restaurant, retail, office, or residential use. Located in a year-round tourist destination near the hot springs and Wolf Creek Ski Area.

274 Pagosa St, Pagosa Springs
227 Hermosa St, Pagosa Springs
$1,350,000
2 Beds ⋅ 2 Baths ⋅ 838369 MLS
Riverfront Property on Hermosa Street in Downtown Pagosa Springs! Own a piece of San Juan River frontage in the heart of downtown Pagosa Springs. Located on Hermosa Street, this property offers an opportunity to enjoy the existing home today while considering the possibilities for the property in the future. The older home could serve as a full-time residence or long-term rental, or provide a place to stay while planning and building a new riverfront home, subject to applicable Town of Pagosa Springs building and development requirements. The location puts downtown amenities within easy reach. The San Juan River Walk is just outside, Town Park is approximately half a block away, and the Pagosa Springs hot springs, restaurants, coffee shops, bakery, shopping, and other downtown businesses are nearby. With San Juan River frontage and a downtown location, this property offers flexibility for someone searching for a Pagosa Springs riverfront home, downtown Pagosa Springs real estate, Colorado riverfront property, long-term rental property, or land to build a new home in Pagosa Springs. Enjoy the existing home now, generate potential rental income, or explore plans for a future home along the San Juan River.

227 Hermosa St, Pagosa Springs
101 County Road 339, Pagosa Springs
$799,000
2 Beds ⋅ 1 Baths ⋅ 837931 MLS
Rare opportunity to own a true Colorado mountain escape in Pagosa Springs with NO HOA, river frontage, horse property potential, and direct access to the breathtaking San Juan National Forest. Situated on 16.8 usable acres, this extraordinary riverfront property features over 1,900 feet of private Rio Blanco frontage, offering unmatched privacy, world-class fly fishing, abundant wildlife, and the ultimate Southwest Colorado outdoor lifestyle. Surrounded by towering pines, open meadows, and peaceful mountain scenery, this unique A-frame mountain cabin blends rustic charm with modern upgrades. The 1,564-square-foot home has been thoughtfully updated with new windows and doors installed in 2023, fresh interior paint, updated flooring, foundation improvements, a new septic system, and a well-fed 1,000-gallon cistern system. Expansive Trex-style decking and a newly constructed 11’ x 27’ covered outdoor living area create the perfect setting to relax above the river while enjoying the sounds of flowing water and incredible views that feel like your own private mountain treehouse retreat. This exceptional Pagosa Springs river property is ideal for horse lovers, outdoor enthusiasts, ranch living, or anyone searching for a private mountain getaway with room to expand. Multiple outbuildings, a new garage, loafing sheds, and fenced pasture space provide flexibility for horses, livestock, recreational vehicles, or future improvements. With ample flat and usable acreage, there is plenty of room to build your dream mountain home, guest cabin, barn, or family compound. Wildlife is abundant with frequent sightings of elk, mule deer, wild turkey, and other native Colorado wildlife roaming the property and nearby national forest lands. Step directly from your acreage into thousands of acres of public land for horseback riding, hiking, ATV adventures, hunting, snowshoeing, and endless recreation in the beautiful San Juan Mountains. Fly fishermen will appreciate the improved section of the Rio Blanco winding through the property, creating an incredible private fishing retreat right outside your door. Located just minutes from downtown Pagosa Springs, you’ll enjoy easy access to shopping, restaurants, golf, medical services, and the famous The Springs Resort, home to the World’s Deepest Hot Springs. Plus, legendary powder skiing at Wolf Creek Ski Area is within easy reach for year-round adventure. Whether you are searching for a riverfront retreat, horse property, fly-fishing ranch, vacation home, investment opportunity, or legacy mountain property in Colorado, this one-of-a-kind Rio Blanco estate delivers privacy, beauty, recreation, and freedom that are increasingly hard to find. Owner financing may be available with acceptable terms and down payment.

101 County Road 339, Pagosa Springs
157 S 6th St, Pagosa Springs
$1,350,000
837598 MLS
LIVE HERE. OPERATE HERE. INVEST HERE. Have you ever imagined leaving the busy life behind to live in a Colorado mountain town and run a business of your own? Pagosa Manor offers the opportunity to do exactly that. Located in the heart of downtown Pagosa Springs, this iconic 1903 property has recently received Mixed-Use Residential zoning approval, creating exciting possibilities for a boutique bed & breakfast, hospitality concept, wellness retreat, professional space, or other owner-operated business. Live on-site while welcoming guests, generate income from private living spaces, or create a business around the lifestyle that brought you to Pagosa in the first place. The location is hard to beat. Pagosa Manor sits directly across from the River Walk and within walking distance of downtown restaurants, shops, the San Juan River, and Pagosa's famous hot springs. The covered front porch overlooks the river and hot springs, while mountain and downtown views can be enjoyed from throughout the property. Hospitality is already part of this home's story. Over the years, Pagosa Manor has operated as a boarding house, restaurant, and bed & breakfast, with the original room numbers still remaining on the doors. Completely restored in 2023, the property retains the character that makes it special while major infrastructure has already been addressed, including new water and sewer lines, updated electrical, and a new roof. Original stained glass, intricate hardwood floors, custom built-ins, coffered ceilings, crown molding, gingerbread trim, and a widow's watch preserve its remarkable history. The layout is especially well suited for an owner-operated business. Two kitchens, three living areas, three dining spaces, two laundry rooms, a butler's pantry, office, and two private lock-off living spaces provide flexibility for guests and owner occupancy. The upper level includes a separate two-bedroom suite with its own kitchen and laundry. Outside, mature trees, lilacs, roses, fruit trees, perennial gardens, and multiple gathering spaces create an inviting setting for guests or private enjoyment. The property sits on two city lots, offering additional future possibilities for the second lot, subject to applicable approvals. Pagosa Manor is offered fully furnished and turnkey. For someone ready to trade the ordinary for a different kind of life, this is more than a historic property for sale. It's an opportunity to live in downtown Pagosa Springs, build a business around a one-of-a-kind setting, and write the next chapter of a property that has been welcoming people for more than 120 years.

157 S 6th St, Pagosa Springs
3142b Us Hwy 84, Pagosa Springs
$890,000
4 Beds ⋅ 4 Baths ⋅ 836496 MLS
The Ridgley-Rustic Luxury in Pagosa Springs. Mountain Soul. Turn-Key Opportunity. Huge Mountain Views! Timeless mountain charm fused with modern comfort. This 3,000+ square-foot lodge offers 4 bedrooms, 4 bathrooms, a luxury kitchen, rich hardwood floors, and solid wood beams that create an unforgettable alpine atmosphere. Gather around the real wood-burning fireplace where the crackle of the fire and the scent of burning wood remind you why mountain living is unlike anywhere else. Slow down and savor every season. Covered decks, balconies, and a welcoming covered entrance. Offered turn-key furnished, with central water, this beloved guest retreat is ready to enjoy from day one—whether as your private escape or an exceptional investment. Just 2 miles from historic downtown Pagosa Springs, you'll enjoy the very best of mountain living, including the famous Pagosa Hot Springs, charming coffee shops, world-class dining, free-flowing rivers, and endless adventure. With 2.8 million acres of the San Juan National Forest and surrounding wilderness plus Wolf Creek Ski Area just a short drive away, every day offers something fun, fresh, and new. Experience the lifestyle that only Pagosa Springs can offer. Schedule your private showing today and discover The Ridgley Retreat.

3142b Us Hwy 84, Pagosa Springs
635 S 5th St, Pagosa Springs
$599,000
3 Beds ⋅ 2 Baths ⋅ 836480 MLS
Location Location Location! This home is on .31 acres. It is located downtown just a few steps from Yamaguchi Park where you will find Pickleball courts, ball fields, skate park, dog park, picnic and BBQ areas and best of all the San Juan River for fishing, floating, kayaking and canoeing, plus the Pagosa Springs High School and football field just around the corner. Just a few blocks to the North is the World Class Hot Springs, downtown shopping, dining, schools etc.. This 3 bedroom 2 bath home has been partially remodeled, new appliances, open floor plan living/dining/kitchen and 4 car garage on 2 lots. Great Location for teachers, city employees or any one wanting to live downtown and take advantage of San Juan River, parks, school, ball fields, hiking, biking, shopping, dining etc... If Buyer does wishes to purchase the 3 extra lots they are only $300K they already have a city water and sewer tap. Remember location location location!

635 S 5th St, Pagosa Springs
1134 Parelli Institute Dr, Pagosa Springs
$3,595,000
3 Beds ⋅ 836072 MLS
Discover an exceptional 130.299-acre equestrian property just minutes west of Pagosa Springs with stunning views of Pagosa Peak and the San Juan Mountains. Bordering nearly 6,200 acres of San Juan National Forest, the ranch provides direct access to over 30 miles of riding trails. Designed for horse enthusiasts, the property features a 12-stall horse barn with a spacious tack room and pivoting saddle wall, a 100' x 230' covered arena with premium footing, a 50' x 145' covered arena, a large outdoor arena, round pens, wash areas, open-air panel stalls, and cattle shipping pens. The custom 3-bedroom, 2.5-bath home offers granite countertops, a new wood-burning fireplace insert, and attached office spaces with a private bath. Accommodations include 13 heated bunk cabins and a central lodge with two upper-level suites, men's and women's restrooms, four showers, a commercial kitchen with in-floor radiant heat, and a walk-in cooler. Additional improvements include office buildings, a mercantile building, and 24 RV hookups with water and electricity. A 10,000-gallon cistern and water rights to irrigate 13.49 acres. Ideal as a private ranch, equestrian facility, or education center, this unique property offers extensive improvements, mountain scenery, and direct access to public land. An additional 107 deeded acres is available for purchase (CREN MLS# 836073), along with the possible transfer of 328 acres of State lease land, for $1,295,000, just .3 miles apart.

1134 Parelli Institute Dr, Pagosa Springs
12248 Usfs 613 Rd, Pagosa Springs
$925,000
3 Beds ⋅ 2 Baths ⋅ 835964 MLS
PIEDRA RIVER PROPERTY WITH WATER RIGHTS. If you have been looking for a unique property along the banks of one of Colorado's highly coveted rivers with an ample amount of water rights, look no further. The Piedra River has it all and you could own approximately 1600 ft. of river access all to yourself. You will have to share this place with the abundant wildlife that also call it home. Often you will see deer, elk, turkey, and multiple species of fish that call the Piedra River home. Roughly 10 acres of irrigation is ready to go with an engineered diversion, underground pipeline, and gated pipe in place. A massive barn made with rough cut lumber and a lot of character is ready for hay if you so choose instead of grazing the field. Across the river you will find a lush riparian area with potential near the highway, and a strip of this property heads up to higher ground into pinon and juniper trees. Truly, the possibilities are endless. Main house 2BD/1BA plus detached studio with 1BA. Total square footage are the two dwellings combined. In addition, fruit trees and a smaller pasture with a chicken coop close by are very near to the house. This property has year-round access and the views of Chimney Rock from your porch are unmatched. DO NOT MISS THE BRANDED TOUR.

12248 Usfs 613 Rd, Pagosa Springs
12248 Usfs 613 Rd, Pagosa Springs
$925,000
3 Beds ⋅ 835752 MLS
PIEDRA RIVER PROPERTY WITH WATER RIGHTS. If you have been looking for a unique property along the banks of one of Colorado's highly coveted rivers with an ample amount of water rights, look no further. The Piedra River has it all and you could own approximately 1600 ft. of river access all to yourself. You will have to share this place with the abundant wildlife that also call it home. Often you will see deer, elk, turkey, and multiple species of fish that call the Piedra River home. Roughly 10 acres of irrigation is ready to go with an engineered diversion, underground pipeline, and gated pipe in place. A massive barn made with rough cut lumber and a lot of character is ready for hay if you so choose instead of grazing the field. Across the river you will find a lush riparian area with potential near the highway, and a strip of this property heads up to higher ground into pinon and juniper trees. Truly, the possibilities are endless. Main house 2BD/1BA plus detached studio with 1BA. Total square footage are the two dwellings combined. In addition, fruit trees and a smaller pasture with a chicken coop close by are very near to the house. This property has year-round access and the views of Chimney Rock from your porch are unmatched. DO NOT MISS THE BRANDED TOUR.

12248 Usfs 613 Rd, Pagosa Springs
651 W Us Hwy 160, Pagosa Springs
$1,575,000
835010 MLS
Motel SOCO isn’t just a motel — it’s a fully operational hospitality and entertainment brand positioned at the intersection of adventure, culture, and experiential travel in one of Colorado’s fastest-growing mountain destinations: Pagosa Springs. Located just minutes from downtown and the world-famous hot springs, this reimagined 1940s roadside motel has evolved into one of the region’s most recognized lifestyle properties — blending boutique accommodations, live music, food + beverage, events, and outdoor community spaces into a single high-energy campus. Set on 3.5 acres — with an additional 3.5 acres available for expansion — the property includes a fully renovated and furnished 14-room boutique motel, restaurant + cocktail lounge, front office, RV hookups, and a flexible Quonset-style event structure. The site is also home to Pagosa Springs’ largest live music venue, creating multiple revenue streams across hospitality, weddings, retreats, concerts, brand activations, private events, and curated experiences. What makes Motel SOCO compelling is its positioning. This is the kind of asset younger travelers actively seek out: authentic, design-forward, experience-driven, and rooted in community. The property already carries strong local identity and a built-in following centered around its “good vibes only” culture — something that can’t easily be replicated by traditional hotel operators. The outdoor spaces are designed for connection and activation, featuring mountain views, gathering areas, lawn games, volleyball, picnic spaces, and event-ready infrastructure that naturally supports social programming and destination experiences. For investors, operators, or creative entrepreneurs looking for more than a passive real estate play, Motel SOCO offers the opportunity to own a lifestyle-driven hospitality brand with expansion potential in a market fueled by tourism, skiing, hot springs, wellness travel, and outdoor recreation. With proximity to Wolf Creek Ski Area and the renowned Pagosa Hot Springs, the property is strategically positioned to continue growing as both a destination and a platform for future development. This is not a legacy motel. It’s a scalable experiential hospitality concept with real estate upside, cultural relevance, and room to build something iconic.

651 W Us Hwy 160, Pagosa Springs
157 S 6th St, Pagosa Springs
$1,350,000
6 Beds ⋅ 6 Baths ⋅ 832691 MLS
LIVE DOWNTOWN. OWN A PIECE OF PAGOSA HISTORY. What if living in Pagosa Springs meant walking across the street to the River Walk, strolling to dinner or the hot springs, and coming home to a beautifully restored piece of downtown history? Built in 1903 and completely restored in 2023, Pagosa Manor offers something increasingly difficult to find: historic character, modern updates, space for family and guests, and a truly walkable downtown location. Original stained glass, hardwood floors, custom built-ins, coffered ceilings, crown molding and period details remain throughout the home, while major improvements include new water and sewer lines, updated electrical and a new roof. Two kitchens, multiple living areas, two laundry rooms and private lock-off spaces create exceptional flexibility for guests, extended family, working from home or simply having room to spread out. Outside, the home occupies two city lots with established landscaping, mature trees and a covered front porch overlooking downtown, the river and the hot springs area. Restaurants, parks, shops, the San Juan River and Pagosa's famous hot springs are all within easy reach. Mixed-Use Residential zoning adds possibilities for the future, while today the property is an extraordinary downtown residence. Offered fully furnished and turnkey at $1,350,000, this is an opportunity to own one of Pagosa Springs' most recognizable historic homes and experience downtown from your own front porch.

157 S 6th St, Pagosa Springs
2520 E Hwy 160, Pagosa Springs
$1,350,000
5 Beds ⋅ 2 Baths ⋅ 832652 MLS
Offered for the very first time in over a century, this remarkable legacy property has been lovingly held by the Day family for over 80 years. Set on just under 13 acres with direct access to the San Juan River, this is a rare opportunity to own a true piece of Pagosa Springs history. At the heart of the property sits a stout and timeless 5-bedroom, 1.5-bath full log cabin, constructed in 1956. Rich with character and built for longevity, the home offers 2,116 square feet of living space, complemented by a full cinder block basement and screened in back porch—providing exceptional storage, utility, or future expansion potential. The fully fenced yard surrounding the home creates a secure setting, ideal for pets, gardening, or simply enjoying the surroundings. In addition to the residence, the property features a detached, two-car garage and an impressive three-bay machine shop with an additional workshop space—perfect for hobbyists, craftsmen, or those needing substantial workspace. The land itself is as diverse as it is beautiful, offering a unique blend of open pasture, maintained yard, rolling hillside, and scenic riverbank. Whether you're seeking recreation, small-scale agriculture, or a private retreat, the possibilities here are truly endless. Conveniently located just 5 minutes from downtown Pagosa Springs—home to renowned hot springs, dining, and shopping—and only 25 minutes from Wolf Creek Ski Area, this property combines heritage, and accessibility in one extraordinary package.

2520 E Hwy 160, Pagosa Springs
1801 County Road 400, Pagosa Springs
$3,120,000
6 Beds ⋅ 6 Baths ⋅ 830184 MLS
Presenting 1801 County Road 400 — a rare opportunity to own a beautifully restored historic estate minutes from downtown Pagosa Springs. Set on 41.33 private fully fenced acres with panoramic mountain views, this 6-bedroom, 5 1/2 bath home was originally built in 1898 and has been thoughtfully remodeled to blend rustic elegance with modern comfort. The home is being sold fully furnished with the exception of a few personal items. Step inside to a reimagined interior featuring top-of-the-line chef’s kitchen upgrades, including a 6-burner Wolf cooktop with infrared griddle, Wolf drop-down microwave, Viking French-door oven, Miele dishwasher, custom cabinetry, wine cabinet, stone countertops, shiplap accents, all-new wall tile, and updated lighting. The open kitchen and dining area offers a warm, inviting feel—ideal for everyday living and easy entertaining. Every window and sliding door has been replaced with Anderson Fibrex double-hung, high-performance SmartSun with Heatlock glass for improved efficiency and clearer mountain views. Throughout the home, enjoy new luxury waterproof vinyl plank flooring, fresh interior paint, and a cozy gas-log fireplace that complements the home’s classic character. All bathrooms have been fully renovated, featuring four custom-tiled walk-in showers and two soaking tubs. The primary suite includes a double shower with rain head and a relaxing luxury tub. Major system upgrades include a brand-new 6-bedroom septic system (August 2024) and a new full-house boiler with updated controls and thermostats (July 2025). Outdoor spaces were designed to take full advantage of the setting. The new 900 sq. ft. Trex deck features built-in benches, stainless steel cable railing, and Corten steel posts—perfect for taking in the views. The 2023 indoor/outdoor bar adds function and charm with pass-through windows, custom cabinetry, granite countertop, and built-in ice maker and refrigerator. This beautiful Southwest Colorado property offers a rare combination of historic character, practical updates, and quiet mountain living—an exceptional Pagosa Springs property ready to enjoy.

1801 County Road 400, Pagosa Springs
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