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$2,495,000
6 Beds ⋅ 6 Baths ⋅ 834155 MLS
This extraordinary 35+ acre high mountain riverfront retreat offers a rare blend of privacy, water, and wilderness. Perched above the pristine Rito Blanco River, it borders the San Juan National Forest on two sides. Sold furnished this is a true alpine escape located in a gated community 14 miles from Pagosa Springs. The land is lush with a perfect mix of open meadows, towering pines, fir and aspen groves. The river runs through the property with an additional creek and a stocked pond to create an unmatched setting for both relaxation and recreation. The main home captures classic mountain style with a warm, inviting interior featuring a dramatic two-story river rock fireplace, log accents, tongue-and-groove ceilings, and wood floors throughout. The newly renovated kitchen will delight the chef in the family with an island, bar seating, breakfast nook, coffee station, stainless appliances and corner pantry, all open to the living area. Enjoy unobstructed views of Square Top Mountain from the dining room and expansive wrap-around deck, where the sights and sounds of the river are ever-present. The main level includes a primary suite with a new tiled shower and soaking tub overlooking the river. There is a second suite on the main for guests plus a powder room. The upper level offers a game room with pool table, third guest suite, two additional bedrooms, full bath, and bunk/playroom—ideal for a large family or numerous guests. A heated two-car attached garage includes a dog wash along with a large mud/laundry room and gun safe. Sparks creek runs along the separate guest house with another two-car garage, bedroom, office, kitchen, and full bath—perfect for guests or a caretaker. Fully fenced and cross-fenced for horses, the property also includes storage for equipment and mountain toys. Step directly into endless outdoor recreation with access out your backdoor to hiking, biking, fishing, hunting, snowmobiling and riding into thousands of acres of national forest. The Rito Blanco Ranch offers exceptional privacy with year-round access. This is an unparalleled riverfront mountain getaway.

2368a Needles View Pl, Pagosa Springs
$2,399,000
3 Beds ⋅ 3 Baths ⋅ 833758 MLS
Discover this extremely rare opportunity to own 40 pristine acres with sweeping mountain and valley views located within Pagosa Alpha. This exceptional property features a spacious mountain modern for the main residence (4,254 sqft), complemented by a 1,000 sq ft guest cabin, offering a combined total of 5 bedrooms and 3.5 bathrooms—perfect for multi-generational living, hosting guests, or generating rental income. Unwind year-round in the sunlit solarium, complete with a refreshing lap pool that brings the outdoors in while offering privacy and comfort. Equestrian enthusiasts will appreciate the two-stall metal barn and approximately 10+/- acres of usable pasture, ideal for horses or livestock. A 3-car garage provides ample space for vehicles, tools, and recreational equipment. Whether you're seeking a private mountain escape, a working homestead, or a scenic investment property, this remarkable estate offers the perfect blend of space, versatility, and breathtaking natural beauty.

224 Quien Sabe St, Pagosa Springs
$1,200,000
4 Beds ⋅ 4 Baths ⋅ 833101 MLS
RIVERFRONT PROPERTY! This stunning riverfront log home offers the epitome of rustic luxury living. Boasting 4 bedrooms, each with its own ensuite bathroom, this residence provides ample space and privacy for both residents and guests alike. The main level greets you with a warm and inviting ambiance, with abundant natural light and a cozy wood-burning stove. The open floor plan seamlessly connects the kitchen, dining area, and living space, creating an ideal setting for entertaining. Step outside onto one one of the two spacious decks overlooking the river, perfect for morning coffee, alfresco dining, or just relaxing on warm summer days while taking in the view. A large covered porch offers additional outdoor living space. For those who appreciate modern amenities, this home is turn-key and comes fully furnished. A 1,000-gallon underground propane tank provides reliable heating, while and RV hook-up offers added convenience for visitors or outdoor enthusiasts. Temperature control is a breeze with the 3-zone environmental control system. The basement is currently in the process of being finished, providing even more potential for customization or additional living space to suit your needs. With year-round access to the property, you can enjoy the beauty of each season, from vibrant foliage in the fall to snowy winter landscapes and blossoming spring flora. Whether you’re seeking a peaceful retreat or a home to accommodate your growing family, this riverfront residence offers the perfect blend of luxury, comfort, and natural beauty.

228 Estates Cir, Pagosa Springs
$1,077,500
3 Beds ⋅ 3 Baths ⋅ 832774 MLS
An exceptional opportunity to own a Colorado mountain retreat surrounded by over 1,300 acres of private open space, stocked ponds, hiking and equestrian trails, and exclusive hot springs access. Set on 3.26 private acres at the end of a quiet road, this custom-built residence offers a rare combination of privacy, functionality, and sweeping views of lakes, valleys, and surrounding mountains. This thoughtfully designed 4,848 square foot home features 3 bedrooms, 3 bathrooms, and a main-level living layout that makes everyday life both comfortable and convenient. The spacious kitchen is equipped with knotty alder cabinetry, a large island, stone countertops, a wet bar, and pantry, flowing seamlessly into the dining area and living room with a wood-burning fireplace. The main level also includes the primary suite, home office, laundry room, and guest bath. Quality craftsmanship is evident throughout, with travertine tile floors, mahogany windowsills, custom built-ins, 10-foot ceilings, knotty alder doors, and in-floor radiant heat. Additional warmth and efficiency come from thick exterior walls designed for energy performance. Upstairs, an expansive bonus space offers incredible versatility—ideal as a media room, game room, gym, office, or potential additional bedroom. The oversized detached two-car tandem garage and including a workshop with large doors provide ample room for vehicles, storage, and hobbies in addition to the two car attached garage. Outdoor living is equally inviting, featuring mature Ponderosa pines, manicured landscaping, flagstone patios, and a covered porch perfect for enjoying Colorado’s four seasons in a peaceful, private setting. Located just 30 minutes from Pagosa Springs and under an hour to Wolf Creek Ski Area, this property delivers both seclusion and accessibility. Ownership in Crowley Ranch Reserve includes access to private trails, abundant wildlife, stocked fishing ponds, and rejuvenating hot springs—offering not just a home, but a true mountain lifestyle.

457 E Arbol Park Dr, Pagosa Springs
$669,000
5 Baths ⋅ 832651 MLS
Accepting Offers until Tuesday March 24 by 5 PM MST. Offered for the first time ever, Day Apartments present a rare and compelling investment opportunity with deep local roots, having been owned by the Day family for over 80 years. Originally developed in 1965 to support local housing needs, this solidly constructed four-plex stands as a testament to quality and longevity. Each of the four nearly identical 800 square foot units offers a spacious living area, an eat-in kitchen complete with pantry, two comfortable bedrooms, and one full bathroom. Tenants will enjoy private rear balcony or patio access with peaceful views overlooking the San Juan River, creating an inviting and desirable living environment. A shared basement laundry area adds convenience and functionality for all units. Also included on the 1-acre parcel is a charming 636 square foot cabin featuring one bedroom and one bathroom—ideal for additional rental income, guest accommodations, or owner occupancy. With all units currently vacant, this property is primed for its next owner to establish market rents, pursue long-term or short-term rental strategies, or reimagine the space entirely. With its unique setting, strong rental potential, and legacy ownership, Day Apartments offer endless possibilities for investors and visionaries alike. 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.

2530 E Hwy 160, Pagosa Springs
$1,795,000
832413 MLS
Turn-Key Restaurant & Retail Commercial Property for Sale | Prime Highway Frontage in Pagosa Springs, CO Exceptional opportunity to own a turn-key restaurant and gift shop in Pagosa Springs, Colorado, ideally located at the high-traffic junction of US Highway 160 and US Highway 84, one of the busiest commercial corridors in Archuleta County. This established and successful business location offers outstanding visibility, easy access, and strong year-round traffic from locals and visitors traveling to Pagosa Springs, Wolf Creek Ski Area, and surrounding Southwest Colorado attractions. The property features an 8,244 square foot mixed-use commercial building situated on three parcels totaling approximately 2.95 acres, with an impressive 400 feet of US Hwy 160 frontage, making it ideal for investors, restaurant owners, or entrepreneurs seeking a high-exposure location. This fully equipped commercial restaurant includes a spacious, well-designed full commercial kitchen built for efficiency and workflow, a large and inviting dining room with a comfortable mix of booths and tables, and an expansive outdoor deck seating area perfect for seasonal dining, live music, or special events. The additional retail / gift shop space benefits from heavy foot traffic, drawing tourists, skiers, hunters, and loyal local customers year-round. Zoned Mixed Use, this property offers endless possibilities — continue the current successful concept, introduce a new restaurant or brewery, expand the retail operation, or redevelop the site to fit your vision. Properties with this level of highway exposure, acreage, and established history in Pagosa Springs rarely come available. A well-known community staple since 1983, this location has a long track record of success and is ready for its next owner to step in and take advantage of the strong traffic, prime location, and flexible commercial zoning.

401 Pagosa, Pagosa Springs
$1,900,000
832300 MLS
Turn-Key Restaurant + Brewery / Distillery Opportunity – Prime Pagosa Springs Commercial Property. Rare opportunity to acquire a fully equipped restaurant, brewery, and distillery-capable property in the heart of Pagosa Springs’ core commercial district. Situated on 2.4 acres with two buildings and multiple large private parking lots, the property offers extensive paved parking for customers and staff, excellent accessibility, and strong visibility directly across the street from a busy shopping center. The two-building configuration provides exceptional flexibility for a variety of ownership strategies, allowing a buyer to operate both buildings as a destination food and beverage campus, lease them individually to create a fully stabilized investment property, or pursue a hybrid owner-user model with rental income. The restaurant building is a true turnkey hospitality space featuring a fully equipped “Chef’s Dream” kitchen with multiple stations capable of supporting virtually any cuisine, along with a bar/pub area with restrooms, spacious dining room with additional restrooms, private VIP space, and retail area ideal for merchandise or specialty products. The property also offers strong indoor–outdoor hospitality appeal with a heated pergola, extensive outdoor beer garden, and large gathering areas suitable for events, live music, and seasonal dining. The adjacent brewery/distillery building provides a turnkey brewing operation with distillery potential and has seen numerous improvements including the original brewery and taproom installation in 2006, indoor lounge addition in 2008, expanded gravel parking in 2009, relocation of restaurant operations to the neighboring building in 2016, taproom and lounge remodel in 2020, and new epoxy flooring in the brewery production area in 2023. Included equipment features a 6-barrel direct-fire brewing system with a 2-vessel brewhouse, two double fermenters, four single fermenters, ten serving tanks, three distillate wash tanks, three walk-in coolers, keg cooperage, and a 15-tap system with full bar setup, making it ready for immediate production and service. With extensive improvements, strong infrastructure, and flexible use potential, this property presents a rare opportunity for an owner-operator, investor, or hybrid buyer to acquire a large, established hospitality and craft beverage property in one of Southwest Colorado’s most desirable mountain communities.

118 N Pagosa Blvd, Pagosa Springs
$4,500,000
6 Beds ⋅ 6 Baths ⋅ 832269 MLS
Just REDUCED by $300K, yes that's right three hundred thousand dollar price reduction! come see this home..Exquisite Superior CUSTOM Timber constructed 6120 square foot home nestled on one of the most prestigious lots in Exclusive Echo Canyon Ranch gated subdivision. The paved road and driveway is a plus. Constructed with 2X6 exterior walls too! Asphalt shingle roof with plenty of plugs for your heat stips to melt the ice/snow. Graced with the utmost privacy situated on 53.96 acres. 52 acres is in agricultural status to save you on Property taxes. It also features a pond, seasonal stream, beautiful mature trees, sprinkler and drip irrigation system in the professionally landscaped front and back yard all with majestic mountain views. As you enter the foyer of this distinguished home you will see the extra wide 8 foot tall doors throughout, T&G wood vaulted ceilings, custom lighting, curved stairs to the upper floor, Open floor plan great room with floor to ceiling real stone wood fireplace with gas starter, large custom Pella wood windows throughout to bring in the light and most of all to enjoy watching the abundance of wildlife meander through your property and yes the majestic views too! Custom wide plank hickory wood flooring, breakfast dining, and Chefs kitchen with granite counters and an abundance of counter/prep space, custom alder cabinetry throughout, walk in food pantry and separate appliance pantry, plus formal dining room just around the corner. Huge Primary ensuite with see through gas fireplace into bedroom and bathroom, 2 separate walk in closets with custom built ins, large custom tile surround shower, large jetted garden tub, dual vanities with granite counters and ample storage, 5 more guest bedrooms, 2 TV/media rooms , Family room, office, Cedar lined closet, craft/decor walk in closet, large laundry room with linen closet and additional cabinetry, Forced air heat with central AC, Circulation pump for instant Hot Water, 4 car attached heated garage plus the 52X50 heated detached RV/car garage/barn for your prized automobiles, ATVs etc.. Two 50 amp plugs for your RV plus sewer clean out. Workshop and office. 2 acres around the home and buildings are surrounded with wildlife fencing. Starlink Internet. Included in the sale is the security system, a 20KW generator, at least 2 of the Tvs attached to the walls with surround sound, 2 dog kennels, 2 dog houses, green house, numerous raised beds for plants etc.. come see what this Gorgeous Lagniappe home has to offer (a little something extra)!

2635 Echo Canyon Ranch Ln, Pagosa Springs
$1,870,000
5 Beds ⋅ 5 Baths ⋅ 832173 MLS
Nestled in the sought-after Timber Ridge subdivision of Pagosa Springs, Colorado, this stunning three-story log cabin sits on 3 private acres with sweeping views of the eastern range of the San Juan Mountains. Thoughtfully designed for both comfort and versatility, the main home features 4 spacious bedrooms, 3.5 bathrooms, two full kitchens, and an attached 2-car garage—ideal for multi-generational living, hosting guests, or creating a private retreat space. A detached oversized 2-car garage includes a beautifully appointed 1-bedroom apartment complete with a full kitchen, living room, and bathroom, offering incredible flexibility for extended family, or long-term guests. Enjoy peaceful mountain living with the convenience of paved roads, central water and sewer, and underground utilities. Timber Ridge residents also have access to a clubhouse and equestrian center, all just minutes from golf, restaurants, grocery shopping, and medical facilities in downtown Pagosa Springs. Spend evenings gathered around the outdoor fire pit or soaking in the hot tub under brilliant Colorado stars, surrounded by mountain views and fresh alpine air. This is the Colorado lifestyle you’ve been dreaming of—private, spacious, and close to everything that makes Pagosa Springs so special.

1193 Bristlecone Dr, Pagosa Springs
$895,000
4 Beds ⋅ 5 Baths ⋅ 831967 MLS
GREAT INVESTMENT !!!! Priced under Appraised value!!! This spacious 4BR/4.5 BA home sits on 3.8 acres on the ridge with breathtaking views of the North Range sorrounded by beautiful Ponderosa pines. The property has NO HOA dues, on city water and septic with a 3 car garage and work area, Granite counters throughout the home, large dining room with adjoining walk-in butlers pantry, open kitchen with lots of cabinets, kitchen island that opens to a large high vaulted ceiling with two story windows showcasing the majestic mountain views. Main bedroom and on suite bath with walk-in shower and separage soaking tub on the main level. Built in elevator takes one easily to the upper level with 3 bedrooms and 2 bathrooms and a small office. Some furnishings are negotiable. The property offers a foundation for a growing dome and an underground storage facility.

741 Majestic Dr, Pagosa Springs
$8,495,000
8 Beds ⋅ 12 Baths ⋅ 831664 MLS
A Truly Irreplaceable Legacy Offering in Pagosa Springs — this private, multi-generational ranch compound in Hidden Valley has never been available to the open market. Set on private trout-stocked lake just 20 minutes from downtown Pagosa Springs, the property delivers impeccable quality, privacy, sweeping views of the North Range of the San Juan Mountains and Pagosa Peak, and a scale that is nearly impossible to replicate in Colorado today. The 5,500 sq ft main residence is a showcase of authentic Craftsman quality, featuring pegged timber construction, soaring ceilings, and floor-to-ceiling windows that frame the mountains like living artwork. The chef’s kitchen with butler’s pantry is designed for gatherings large and small, flowing into a dramatic great room anchored by a statement fireplace. The primary suite is a true retreat — complete with its own fireplace and a 600 sq ft spa bath offering a double jetted soaking tub positioned to capture panoramic views. Guest rooms with balconies and ensuite bathrooms located on the opposite side of the home provide privacy for family and friends. An executive office with inspiring views, dedicated workout room, wine room, infrared sauna and elevator complete the home’s thoughtful design. A separate 5,200 sq ft guest residence provides exceptional flexibility for extended family, executives, or long-term guests. With private lake views, offices, fitness room, expansive storage, and a lower-level media/family room, it functions as a fully independent retreat within the compound. The 6,000 sq ft barn elevates the ranch beyond expectation: five stalls, two wash bays, full workshop, and a 1,500 sq ft apartment ideal for a caretaker or overflow guests. A 25’ x 15’ theater room, pool table and shuffleboard table inside the barn adds a surprising element of recreation rarely seen in equestrian facilities. The workshop, designed by a highway construction engineer is bar none!! There isn’t anything left out in this remarkable space. Full water hydrant and implements onsite as well. The property even includes private fuel pumps for both regular gasoline and diesel — a distinctive feature providing self-sufficiency and ranch functionality. Located in prestigious Hidden Valley and true to its name, this estate is remarkably secluded while remaining accessible to the Pagosa mountain town amenities – mountain dining, Pagosa Hot Springs, fly fishing or floating the San Juan River, golf at Pagosa Springs Golf Course, skiing at Wolf Creek Ski Area, or hiking over 2 ½ million acres of San Juan National Forest that surrounds Pagosa Springs on all sides. The ranch also includes a private trout stocked lake and private pickleball courts. This is not simply another ranch. It is a generational compound — lakefront, mountain-view, and ready for a new owner to build forever memories — in a setting that would be extraordinarily difficult to duplicate anywhere in Colorado. A once-in-a-lifetime opportunity for those seeking privacy, legacy, and scale in the heart of the San Juan Mountains. Commercial air service available in Durango with direct flights to Phoenix, Dallas, Denver and Houston on United and American Airlines. Private aircraft are welcome in Pagosa on the 8100' runway at Stevens Airfield to accommodate mid-size to super mid-size business jets, complete with full service FBO.

3601 Hidden Valley Dr, Pagosa Springs
$995,000
4 Beds ⋅ 6 Baths ⋅ 831481 MLS
Luxury Mountain Living with Panoramic Views & in the pines Privacy Lovingly maintained and beautifully appointed, this exceptional custom mountain home offers privacy, views, and a thoughtful layout designed for both entertaining and everyday living. Set among mature pine trees with an additional lot creating a park-like setting, the property enjoys unobstructed east-facing views of the Continental Divide and surrounding mountain ranges, framed by expansive new windows. Soaring vaulted ceilings, massive log beams, and decks on every level create a dramatic yet inviting mountain atmosphere—perfect for sunrise coffees, evening gatherings, and taking in the fresh alpine air. The chef’s kitchen is designed to impress with generous storage, under-cabinet lighting, filtered water faucet, AC, and an easy flow into formal and casual living spaces. The home features four spacious bedrooms, each with a private en-suite bath, along with a formal dining room, office, and game room—ideal for hosting family and friends. The luxurious primary suite offers a peaceful retreat after a day spent enjoying everything Pagosa Springs has to offer. A standout feature is the fully heated and furnished flex space off the garage, easily adaptable as a studio, workshop, home office, hobby room, gear room, or additional living space—offering endless possibilities for today’s mountain lifestyle. Additional highlights include: New roof and new deck Professional landscaping with mature pine trees Fully equipped wet bar with double sink and multiple appliances Extensive storage including attic space and heated storage with separate entrance Whole-house soft water system and 75-gallon hot water heater Built-in ironing board, lighted workbench, and motion-activated security lighting Heat tape on roof for winter ice protection Paved driveway firewise landscaping Located in the heart of Pagosa Springs, this home offers quick access to world-class hot springs, Wolf Creek Ski Area, hiking and biking trails, fishing on the San Juan and Piedra Rivers, and endless public land for outdoor adventure. Whether you’re seeking a full-time residence or a luxury mountain retreat, this property delivers privacy, views, and versatility in one of Southwest Colorado’s most desirable settings.

48 Stone Ct, Pagosa Springs
$2,550,000
4 Beds ⋅ 6 Baths ⋅ 831429 MLS
Set on 47.5 pristine acres within the private gates of Echo Canyon Ranch, this exceptional 4-bedroom, 6-bathroom mountain estate represents a rare convergence of architectural substance, advanced sustainability, and elevated Western living. Thoughtfully and extensively expanded in 2012—with approximately two-thirds of the residence newly constructed—the home was reimagined to deliver enduring quality, refined comfort, and seamless connection to its extraordinary surroundings. Designed for absolute ease and resilience, the estate is powered by a highly effective solar energy system, supported by a backup generator and a buried 1,000-gallon propane tank, ensuring uninterrupted performance in all seasons. Radiant in-floor heating throughout provides one of true luxury’s most understated indulgences—warm bare feet on winter mornings—while two wood stoves add both ambiance and authentic mountain warmth. Secure gated access, paved road service, a dedicated safe room, and a discreet four-person elevator reflect a home engineered for comfort, privacy, and peace of mind. Interiors are warm and sophisticated, showcasing beautiful woodwork and exceptional craftsmanship throughout. The gourmet chef’s kitchen is appointed with top-of-the-line appliances, dual dishwashers, and granite countertops with generous surface area ideal for chefs, home cooks, and elegant gatherings, offering effortless functionality for both intimate living and elevated entertaining. Two expansive primary suites anchor the four-bedroom layout, offering private, sanctuary-like retreats, while two offices support executive-level remote work or creative focus. Six well-appointed bathrooms, dual laundry centers, abundant storage, and intelligent flow underscore the home’s livability. A private sauna with integrated lighting completes the wellness experience. Additional square footage includes a oversized drive-through four-car heated garage with doors at both ends, accompanied by two additional rooms ideal for hobbies, gear storage, or workshop use. The land itself is nothing short of remarkable. A large seasonal pond, beloved by deer and wildlife, anchors the landscape with natural beauty and tranquility. The unfenced ranch setting allows for uninterrupted migration of deer and elk, with herds frequently passing near the home. Expansive eastern views capture dramatic alpenglow, while pine-forested acreage to the west invites walking, snowshoeing, or skiing directly from the residence. Backing to a vast neighboring ranch, the estate enjoys exceptional privacy, profound quiet, and a deeply restorative sense of space. Echo Canyon Ranch offers secure gated entry and a strong sense of community, while nearby Pagosa Springs provides acclaimed dining, world-renowned hot springs, river recreation, and a vibrant downtown. Proximity to Wolf Creek Ski Area, Purgatory, and the region’s expansive trail systems, lakes, and peaks places year-round adventure within effortless reach. There is easy access to Echo Canyon Reservoir which offers a diverse fishery including trophy sized largemouth bass and the opportunity for boating, picnicking, and nature viewing. A legacy-caliber 4-bedroom, 6-bath mountain estate—crafted for those who value privacy, performance, and the rare luxury of true seclusion, without sacrificing sophistication or connection.

2415 Echo Canyon Ranch Ln, Pagosa Springs
$2,200,000
5 Beds ⋅ 5 Baths ⋅ 831362 MLS
A rare opportunity to own a truly exceptional mountain retreat on a limited rim lot along South Pagosa Boulevard, just 2.7 miles from Pagosa Springs. Currently operating as a short-term rental, this property is perfectly suited as a corporate retreat, luxury family getaway, or mountain estate. Set above an 800+ acre ranch, the home enjoys a remarkably private and expansive feel, with sweeping panoramic views that stretch from Pagosa Peak across the entire Eastern mountain range all the way to Navajo Peak. Elk, deer, and wild turkey are frequently seen in the fields below, creating an authentic Colorado mountain experience. Sold fully furnished and turn-key, this 4,615 sq ft home was updated and remodeled in 2017 and showcases exceptional craftsmanship throughout. The dramatic 23-foot great room features hand-hewn log beams, oakwood floors, a stunning stone-backed wood stove, and walls of windows that frame the breathtaking scenery. A second wood stove anchors the lower level, adding warmth and charm to this second family room. Designed for flexibility and comfort, the home offers two full-size kitchens—one on the main level and one on the lower walk-out level—both featuring stainless steel appliances, granite countertops, and ample storage. With 5 bedrooms, 3 baths, and 2 half baths, there is room for large groups while maintaining privacy. Additional highlights include a hand-hewn log bedroom on the main level, tongue-and-groove ceilings throughout the bedrooms, a sunroom, an oversized mudroom/entry, and a spacious loft recreation area complete with a foosball table, sectional seating, TV, and a custom ¾ bath with slate shower and rock flooring. The upstairs bedroom comfortably accommodates multiple guests with two queen beds and a twin. Outdoor living is exceptional, with wraparound covered decks on both levels spanning the length of the home—each offering dramatic mountain views. After a day of adventure, relax in the new 7-person Bullfrog hot tub while soaking in the scenery. This turn-key Pagosa Springs mountain retreat is ready to be enjoyed immediately—whether as a personal escape, investment property, or legacy home.

2570 S Pagosa Blvd, Pagosa Springs
$1,300,000
831361 MLS
This is truly a unique opportunity to own a piece of Pagosa Springs history. The Ole Miner has been a successful restaurant for decades. Through it's many owners and different lives of operation it has generated a strong following as it sits on a prime thoroughfare leading to the famous Wolf Creek Ski Resort. During the pandemic, when it was last in operation, the parking lot was full with customers coming back from the ski resort, staying at the lodge next door, and or those taking a short 5 minute drive from town to experience something truly unique. The interior motif celebrates the deep mining history within Colorado. The heated patio is perfect for apres ski activities. Yes, this piece of Pagosa history is just waiting for its next Owner to fire up the live music again for all to enjoy. This turnkey operation comes with all the trade fixtures necessary to run a successful restaurant including interior furnishings. The restaurant itself consists of approx 6000 square feet but if that was not enough there is also a manufactured home and barn on the site for either the owners to use, work force housing, or to generate some steady ancillary rental income. This updated manufactured home is 1943 square feet consisting of 3 bedrooms and 1.75 bathrooms. The opportunities are truly endless with this unique piece of Pagosa Springs history. Be sure to book your agent accompanied tour today.

3821a & B E Us Hwy 160 Highway, Pagosa Springs
$4,500,000
6 Beds ⋅ 6 Baths ⋅ 831344 MLS
PRICE REDUCTION Are you living and working where you wish to be? The Saddlehorn Ranch’s 105+/- manicured acres of managed wildlife habitat compliments the turn-key meticulous 8600 sq. ft. of total living (7,223+/- sq. ft. main house and 1385 guesthouse/ barn+/-). The main home and guest house are being conveyed fully furnished with an additional $90,000+/- in furnishings in 2024. Wear out your fly rod by catching trout in the morning and fill your over-the-counter bull elk tag all on your own ranch! The Chromo Valley, less than 5 miles above the New Mexico state line and 24 miles south of Pagosa Springs, is one of the most beautiful valleys in the state and is one of the most protected, framing the gorgeous Navajo River. Saddlehorn Ranch, at 8,000+/- ft. elevation, is comprised of 40+/- acres of hay quality meadow, with 60+/-acres of ponderosas, oaks and gorgeous aspens, all turning a blend of rust and gold in the fall. The Tetons and Jackson Hole have nothing on the majestic views of the South San Juans that you’ll wake up to every morning, with the mule deer, elk and Merriam turkeys joining you for coffee. Watch the mallards raise their brood in one of the 3 ponds, and the seasonal creek will irrigate your food plot to hold the elk and mule deer close. For the Sportsman The 60+/- acres of wooded timber game sanctuary on Saddlehorn Ranch has a hidden waterhole for your game camera and/or tree stand to fill that bow tag. Merriam’s turkeys, mule deer, blue grouse, elk and an occasional bear will drink from this hidden oasis daily…. Saddlehorn Ranch Home The timber frame and stone home was positioned to view the South San Juan Wilderness while also keeping an eye on the fenced and cross-fenced meadows for horses, cattle, elk, and deer, allowing for the most privacy imaginable. Master-level construction comes to mind with a huge great room featuring a 17’ Montana moss-rock fireplace complimenting the cathedral ceiling to maximize the Continental Divide views. Relax at the wine bar w/refrigerator while operating the “smart-system” technology which allows for the operation of the automatic shades, security cameras, doors, thermostats and in-floor radiant-heat systems. Any chef would envy the huge kitchen, island bar, Thermador appliances and a walk-in pantry. The incredibly mild four-season climate encourages outdoor dining and the outside kitchen compliments the split-level decks, waterfall and water garden and fire-pit, with additional levels for seating and entertaining family and guests. An automated underground irrigation system is in place for your landscaping. The master suite enjoys its own private deck overlooking the pond. The upstairs private office includes a fireplace, workout area and home theatre. It’s perfect for those that want to work from home and is ready for your personally designed equipment. Starlink is the current internet service. There’s a 2-bedroom guest suite with private entrance, fireplace, kitchenette, and its’ own private deck as well. Your guests may never leave! The 1.8+/-million acre San Juan National Forest, located a few miles from the front gate, encourages lots of toys and the oversize, 3-car garage with storage and large basement access accommodates those needs quite well. You can harvest your bull elk off the porch or ride into 1.8 million acres of the San Juan National Forest. Barn/Guest Home Down in the meadow, the custom barn has 4-stalls, frost-free waterers, heated tack room, workshop, loft w/hoist and RV, ATV and snowmobile storage, with adjacent RV hookups. For the caretaker, a self-contained 2-bedroom guest home within the barn has a full kitchen with breakfast bar, in-floor heat, washer/dryer, fireplace and private deck. The barn also has the potential and space for 3 additional stalls to be added. The main home a

702 Jenni Ln Unit Saddlehorn Ranch, Pagosa Springs
$1,890,000
4 Beds ⋅ 4 Baths ⋅ 830445 MLS
Mill Creek Majesty: Beyond compare, this incredible Colorado lodge/retreat offers one of the most unbelievably dreamy view settings of any location in our beautiful corner of the state. Resting above and adjacent to the historic Mill Creek Ranch and surveying vast and intimate views of a working cattle ranch with lush meadows, ponds and storybook character, this property is exceptional. Surrounded by massive alpine National Forest acreage and rugged peaks, this unforgettable offering is truly post card perfect The masterfully crafted lodge offers a one of a kind legacy opportunity for you and your family or company. My superlatives fall short so you'll need to experience it "boots on the ground" for yourself. Before we move on, take a few minutes to watch the stunning drone footage of this property and the extensive number of photos contained in the virtual tour. Links attached. Upon arrival you'll cross an elevated entry bridge onto a massive covered deck. The allure of the peaks will instantly draw you to the panoramic views engulfing the property. You'll imagine the four season splendors from this perch. The tranquility, crystal clean mountain air, wildlife and incomparable beauty of this setting will still your heart. Step into the home and you'll be enraptured by the towering ceilings, massive amounts of hand crafted log and and the inviting great room, designed specifically with relaxation and entertainment in mind. The open floor plan, custom finishes, native river rock fireplaces and exposed timbers create a sense of rugged quality and mountain luxury. Interior upgrades abound including cherry wood flooring, custom lighting fixtures, slab granite, a large Wolfe commercial stove, quality cabinetry, stainless appliances, coppers sinks, two river rock fireplaces, chunky hand hewn log trim and solid alder doors. The retreat also offers a terrific game room plus a movie/media room, bunk room, large utility room with outdoor access and over-sized garage to store all your toys and adventure gear. There is also added storage all around the ground level under-deck for more full sized toys and equipment. The master suite is on the main level and it has private access onto the covered deck, it's own fireplace, tall ceilings, walk in closet and huge custom shower. There is a bonus open loft study above the great room, accessed via a hand crafted log staircase which serves as an additional nest to unplug and relax. Step outside and journey to the top of the property and experience another massive top-of-the-world view experience. To the north you'll survey a pristine meadow passage which takes in unparalleled panorama of both the east and north peak ranges of mighty San Juan Mountains. The views from the picnic table at the top of the property will leave you absolutely spellbound, I promise. Connecting the upper and lower elevations of the property is a massive rolling sled/ski hill which rival some runs at Wolf Creek. Grab your sled, your hiking boots or your mountain bike and give it a go. Again, another one-of-a-kind feature of this very special offering. You'll find it nearly impossible to adequately describe this property to your friends and family. It is truly a "must experience" listing which is utterly divine. National Forest access is only minutes away from the home.

351 Collyer Dr, Pagosa Springs
$6,200,000
7 Beds ⋅ 11 Baths ⋅ 830276 MLS
What began as a private mountain retreat has evolved into one of the most remarkable legacy estates in Pagosa Springs. For the first time ever offered to the public, this extraordinary 75-acre property captures the essence of refined mountain living; combining luxury, function, and the extraordinary opportunity to own a true Colorado sanctuary. The centerpiece of the estate is a 9,640-square-foot custom log home, thoughtfully designed with timeless architecture and built to uncompromising standards. Including guest quarters and caretaker accommodations, the total indoor living space spans an impressive 10,920 square feet. Every detail reflects craftsmanship and care, from the stained-glass entryway that welcomes you inside to the floor-to-ceiling windows framing sweeping, unobstructed views of Pagosa Peak and the San Juan Mountains. Inside, you’ll find six fireplaces, a wood stove, an indoor barbecue, temperature-controlled wine room, and multiple inviting entertaining spaces including a cathedral great room and a game room. With four full kitchens, three sets of washers and dryers, and luxuriously appointed guest quarters, this estate is as functional as it is elegant. Premium finishes include Sub-Zero refrigeration, wood and stone floors, three radiant heating systems providing comfort throughout the home, and an attached oversized 3-car garage giving an additional 1,280 square feet of heated space. Beyond the residence, the property’s amenities continue to impress. A large barn and shop offers a further 2,880 square feet of heated garage space, complete with two car lifts, industrial shelving, two horse stalls, and a 1,280-square-foot apartment, all with separate utilities. For those who love the outdoors, the estate offers endless opportunities to hike, ATV, snowmobile, cross-country ski, and snowshoe all on your own land. The outdoor living experience has been completely reimagined, with over $1.2 million in new patios, decks, and landscaping, including 5,800+ square feet of heated decks and flagstone hardscape, a new hot tub, fire pit, and custom landscape lighting. A private pond with power, water, and a fish feeder, garden paths, sitting areas, and full irrigation complete this remarkable setting. Accessibility meets privacy here, with two gated entrances, and only four miles on fully paved roads to either Stevens Field Airport or Highway 160. The estate includes an additional parcel with separate utilities which has an ideal building site with incredible mountain views should you wish to expand your legacy with an additional home. Why Pagosa? Because it’s a place to get away from it all. Here, you can fly fish in pristine rivers, ski Wolf Creek’s legendary powder, explore endless trails, or simply relax on your deck and watch the alpenglow fade across the peaks. 56 Black Powder Place is more than a home. It’s a place to gather, to celebrate, and to create a legacy that will be treasured for generations to come.

56 Black Powder Pl, 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
$2,350,000
7 Beds ⋅ 7 Baths ⋅ 830071 MLS
Paradise Ranch — A Unique Live/Work Lifestyle & Turn-Key Event Business Presenting Paradise Ranch, a one-of-a-kind 11+ acre live/work opportunity bordering the Blanco River and National Forest in beautiful Pagosa Springs, Colorado. Offered with both the real estate and the established wedding and event business, this property provides the rare opportunity to live on-site while operating an established destination business with significant potential for future growth. The owner's 2019 residence offers comfortable year-round living with an open and airy living room, dining area and kitchen, hardwood floors, office area, mudroom and sunny bedroom. A fenced yard, raised garden beds and hot tub create a private retreat, with beautiful Blanco River views from the bedroom. The additional two homes—the Bunk House and Ranch House—provide guest accommodations for wedding parties while adding flexibility for the business. The Bunk House features two bedrooms, one bathroom and sleeps six. The five-bedroom, three-bath Ranch House offers a large dining area, cozy living room with propane fireplace, sunroom, family room with fireplace, and a dedicated second-floor Bridal Party room with makeup stations, hair-styling area and full-length mirror. The attached Something Borrowed Room offers couples an extensive collection of décor from which to create their perfect celebration. The venue itself has been thoughtfully designed to create a complete wedding experience. Guests arrive at the green-grass outdoor ceremony area via Bridal Alley, with bench seating and a ceremonial archway overlooking the setting. Receptions feature beautiful evening lighting, a silo saloon, separate catering silo, dining hall, cake and dessert bar, and large dance pavilion. A spacious parking area accommodates approximately 65 vehicles. The property's natural setting adds another dimension, with the Blanco River, open acreage and surrounding landscape providing countless photo opportunities and memorable experiences. For an entrepreneurial buyer, the opportunity extends beyond the existing wedding business. Paradise Ranch provides an ideal foundation to explore additional wedding celebrations, private events, retreats, workshops and other destination experiences as the current owners operate the wedding venue on a part-time basis. The sale includes the real estate and operating wedding/event business, website, domain name and customer relationship management system, with transitional training included. Paradise Ranch offers the best of both worlds: a beautiful place to call home and an established business with room to grow. Live where you work, and enjoy all the benefits the current owners have created to make this home and turn-key business an exceptional, destination Colorado property.

11044 Hwy 84, Pagosa Springs
$2,350,000
830045 MLS
Paradise Ranch — A Unique Live/Work Lifestyle & Turn-Key Event Business Presenting Paradise Ranch, a one-of-a-kind 11+ acre live/work opportunity bordering the Blanco River and National Forest in beautiful Pagosa Springs, Colorado. Offered with both the real estate and the established wedding and event business, this property provides the rare opportunity to live on-site while operating an established destination business with significant potential for future growth. The owner's 2019 residence offers comfortable year-round living with an open and airy living room, dining area and kitchen, hardwood floors, office area, mudroom and sunny bedroom. A fenced yard, raised garden beds and hot tub create a private retreat, with beautiful Blanco River views from the bedroom. The additional two homes—the Bunk House and Ranch House—provide guest accommodations for wedding parties while adding flexibility for the business. The Bunk House features two bedrooms, one bathroom and sleeps six. The five-bedroom, three-bath Ranch House offers a large dining area, cozy living room with propane fireplace, sunroom, family room with fireplace, and a dedicated second-floor Bridal Party room with makeup stations, hair-styling area and full-length mirror. The attached Something Borrowed Room offers couples an extensive collection of décor from which to create their perfect celebration. The venue itself has been thoughtfully designed to create a complete wedding experience. Guests arrive at the green-grass outdoor ceremony area via Bridal Alley, with bench seating and a ceremonial archway overlooking the setting. Receptions feature beautiful evening lighting, a silo saloon, separate catering silo, dining hall, cake and dessert bar, and large dance pavilion. A spacious parking area accommodates approximately 65 vehicles. The property's natural setting adds another dimension, with the Blanco River, open acreage and surrounding landscape providing countless photo opportunities and memorable experiences. For an entrepreneurial buyer, the opportunity extends beyond the existing wedding business. Paradise Ranch provides an ideal foundation to explore additional wedding celebrations, private events, retreats, workshops and other destination experiences as the current owners operate the wedding venue on a part-time basis. The sale includes the real estate and operating wedding/event business, website, domain name and customer relationship management system, with transitional training included. Paradise Ranch offers the best of both worlds: a beautiful place to call home and an established business with room to grow. Live where you work, and enjoy all the benefits the current owners have created to make this home and turn-key business an exceptional, destination Colorado property.

11044 Hwy 84, Pagosa Springs
$2,200,000
4 Beds ⋅ 4 Baths ⋅ 829822 MLS
Rare opportunity to own one of Pagosa Springs’ premier luxury ranch properties with motivated sellers ready to move the property this season. Experience the best of Colorado ranch living on this extraordinary 109-acre estate where rolling pastures, private mountain trails, abundant wildlife, and direct National Forest access create an unmatched mountain lifestyle just minutes from downtown Pagosa Springs. This exceptional horse property and luxury ranch blends high-end mountain living, equestrian amenities, privacy, and expansive usable acreage in one of Southwest Colorado’s most desirable recreational markets. As you travel through the scenic valley toward the ranch, year-round accessibility leads you to a beautifully positioned luxury mountain home tucked beneath your own private hillside with sweeping views of the San Juan Mountains, peaceful meadows, and surrounding wilderness from nearly every room. Fully updated in 2020, the custom home offers a warm mountain-modern design with vaulted ceilings, exposed timber trusses, rich natural materials, and upscale finishes throughout. A brick archway foyer welcomes you into expansive living spaces including a formal dining room, oversized great room anchored by a dramatic floor-to-ceiling rock fireplace with a real wood-burning hearth, and a chef’s kitchen designed for entertaining featuring handcrafted custom cabinetry by local artisan Cappy White along with custom built-in furniture pieces created specifically for the home. Additional luxury features include surround sound, museum-style art lighting, executive office space, formal mudroom, and a main-level primary suite allowing for comfortable single-level living. Upstairs offers a private retreat-style guest bedroom, while the finished lower level includes a dedicated movie theater, two additional bedrooms, laundry room, and flexible recreation or guest space. Expansive Trex decking creates the perfect setting to enjoy panoramic mountain views, elk sightings, sunsets, and the peaceful ranch atmosphere. Designed for equestrian enthusiasts and outdoor recreation alike, the ranch includes multiple fenced grazing pastures, a well-equipped horse barn with three stalls and attached runs, tack room, bathroom with washer/dryer hookups, and a separate tractor barn with pass-through garage doors ideal for ranch equipment, RV storage, workshop space, toys, or recreational vehicles. A charming vintage cabin on the property offers additional future potential for guest accommodations, studio space, or recreational use. The ranch benefits from a highly productive well, extremely low utility costs, and remarkably low property taxes for a property of this scale. Located directly within the migration corridor of one of the region’s largest elk herds, this property is ideal for horse lovers, hunters, outdoor enthusiasts, or anyone seeking a private Colorado ranch retreat with direct access to hiking, horseback riding, ATV trails, and endless outdoor recreation. Conveniently located near downtown Pagosa Springs, the world-famous Pagosa Hot Springs, Wolf Creek Ski Area, dining, shopping, fishing, rafting, and private airport access, this is a rare opportunity to own a true legacy Colorado mountain ranch in one of the Rocky Mountains’ fastest-growing luxury lifestyle destinations.

386 Linda Vis, Pagosa Springs
$875,000
4 Beds ⋅ 3 Baths ⋅ 829352 MLS
Convenient Location - This beautifully designed 4-bedroom, 3-bath home on 5.72 acres offers the perfect blend of comfort, convenience, and Colorado charm. With a 2-car garage on the main level and a 1-car garage/workshop on the lower level, there’s plenty of room for vehicles, storage, and hobbies. Inside, you’ll find beautiful hickory wood floors, tongue-and-groove ceilings, and two heating sources—forced air plus a welcoming woodstove. The open floor plan seamlessly connects the great room, kitchen, and dining area, while large windows flood the space with natural light and frames the stunning views. The main level features the kitchen , dining and living room along with the primary suite, two additional bedrooms, an office, and laundry room, providing comfort and convenience all on one floor. The lower level adds flexibility with a family room/flex room, additional bedroom/office, full bath with sauna, ideal for guests, work-from-home needs, or recreation space. Enjoy decks on both sides of the home, perfect for relaxing, entertaining, or soaking in alpen glow in the evening. Additional highlights include abundant storage, versatile garage spaces, paved driveway and over 5 beautiful acres, fenced and ready for your horses. Located on a paved street just minutes from Pagosa Springs Mountain Hospital, grocery shopping, and town amenities, this home offers both lifestyle and accessibility in one of Pagosa’s most desirable settings. With its smart layout, flexible spaces, and inviting outdoor living, this property is truly a must-see for anyone looking to embrace the Pagosa Springs lifestyle.

2516 Meadows Dr, Pagosa Springs
$1,790,000
3 Beds ⋅ 4 Baths ⋅ 829294 MLS
Stunning timber-frame mountain retreat with see-forever views of the north and east range of the San Juan Mountains. Perfectly positioned on 5 very private acres offering the ultimate Pagosa lifestyle for the outdoors-minded seeking refuge from city life. Soaring ceilings, exposed beams, and walls of glass framing the mountains in every direction. The dramatic double-sided fireplace anchors the great room and dining area, creating an inviting space to unwind with a glass of wine after a day of adventure. The kitchen has heated floors—cozy toes for cool Colorado mornings. Spacious primary suite offers its own fireplace, huge walk-in closet, and a luxurious bath complete with heated floors, air-massage tub overlooking the view, large walk-in shower, and dry sauna. Oversized guest bedrooms have stunning views—one with its own ensuite bath, huge closet, and a 12x19 flex space ideal for a playroom, nursery, office or easy off-season storage. Enjoy evenings around the wine bar recounting the day’s activities, or step out to the covered deck with big views and a firepit for s’mores under the stars. Toward the back of the home, a 17x15 gathering room surrounded in windows currently serves as a dining space for vacation rental guests—but could easily transform into a large butler's pantry for entertaining, home gym, music studio, hobby room, dance studio or other creative space. Upstairs, a “crow’s nest” retreat offers a fun hideaway for games, crafting, or an extra bunk area for visiting grandkids. Outdoors, the fenced grassy yard is perfect for pets or little ones, surrounded by low-maintenance xeriscaping and beautifully thinned pines for both privacy and view corridors. A full-size elk sculpture greets you as you arrive at this hilltop sanctuary. And don’t forget to sit in the chairlift swing overlooking sunset vistas to the west. Gather around the rustic log firepit at day’s end to share stories and mountain air. This home is currently a successful vacation rental - in fact, rented almost non-stop January - March 2026! Book your personal time in this home and then let the travelers off set your cost of ownership! In Pagosa Springs, this price point is not a cash flow STR, but rentals can offset expenses. Please bear in mind, this isn't Breckenridge, but this is a highly sought after rental for larger families, multi-generational or multiple couples due to size and convenient location. Historical numbers fluctuate greatly due to seasonality, owner usage, owner benevolent stays and several months the owner chose not to have the home on the vacation rental sites at all. Please don't request STR numbers to justify the revenue vs cost of ownership. The revenue is simply an offset. New furnace, tankless H2O, and AC, this home shows pride of ownership throughout. The office area or upper alcove could be made into a 4th bedroom, however, a septic improvement may be required. All this just 15 minutes from groceries, restaurants, medical services, Pagosa Springs Golf Course, the San Juan River, and the world-famous Pagosa Hot Springs—and only 30 minutes to Wolf Creek Ski Area. Commercial air service is just an hour away in Durango with multiple non-stop flights to Dallas, Houston (summer only for now), Denver or Phoenix. Fly directly into Stevens Field in Pagosa with its 8,100-foot runway accommodating most mid-sized jets. One step through the front door and you’ll know you are home.

171 S Squaw Canyon Pl, Pagosa Springs
$1,150,000
829203 MLS
140 Country Center Drive is a prime commercial asset in the heart of uptown Pagosa Springs, strategically positioned along highly visible U.S. Highway 160 and sharing a parking lot with the area’s busiest retail anchor, City Market. With 4 operational units, this premier location ensures consistent traffic, strong tenant demand, and long-term stability. With zero vacancy over the past two years, the building, constructed in 1997 and spanning 7,448 heated square feet, is home to nationally recognized tenants, including Subway (in place since 1997 with 5% annual rent escalations) and Russell Cellular (Verizon, estimated since 2012). All tenants are current with no delinquencies, and major TI renovations to the largest unit completed in 2023 significantly reduce near-term capital needs. With simple management requirements — limited to trash and water — and a proven income track record, this property offers a stable, turnkey investment in one of Pagosa Springs’ most desirable and high-traffic commercial locations. An Offering Memorandum will be provided to qualified buyers.

140 Country Center Dr, Pagosa Springs
$2,300,000
9 Beds ⋅ 9 Baths ⋅ 828884 MLS
"The Piedra River Resort" Saddle up and step into the western lifestyle you’ve been dreaming about. Piedra River Resort is a rare chance to own a thriving mountain retreat and trail-riding business, perched right on the banks of the legendary Piedra River just outside Pagosa Springs, Colorado. This one-of-a-kind property features up to six updated rental cabins (two designed as duplexes for larger groups and families), a permitted horseback trail-riding business with more than 4,000 acres of National Forest access, three RV sites with room to add more, and a riverside setting that delivers some of the finest troutfishing you’ll ever experience. For over 50 years, guests have been coming here to ride, fish, and soak in the magic of the San Juan Mountains. Every cabin and the surrounding grounds have been carefully renovated within the last two years, blending modern comfort with rustic Colorado charm. Fully furnished and turnkey, they offer visitors that authentic mountain-cabin experience—just steps away from the river’s edge. The main house itself is a slice of cowboy living: warm, welcoming, and ready for evenings by the fire after a long day on the trail. Alongside the cabins, three RV sites provide added flexibility and income potential, with plenty of space on the property to expand further. With special use permits already in place, the trail-riding operation offers everything from quick two-hour adventures to full-day excursions through country so stunning it’ll stop you in your tracks—towering pines, open meadows, granite cliffs, and the Piedra River winding through it all. This is real backcountry Colorado, and folks come from all over the world to see it from horseback. Life here is as rich as the mountain soil. Horses saddled at dawn, guests heading out for a ride under endless blue skies. Afternoons filled with fishing along thePiedra—known for its clear waters, rocky pools, and hard-fighting trout. Evenings bring it all together: campfires under the stars, guitars and live music, and the simple joy of community in a place where time slows down. Just down the road lies the friendly town of Pagosa Springs, famous for its natural hot springs, western festivals, and small-town charm. Locals know it as a place where community comes first, and where you’re never far from adventure—Wolf Creek Ski Area, vast wilderness trails, and world-class hunting and fishing are all part of daily life here. Owning Piedra River Resort means more than running a business—it means joining a lifestyle that embodies the best of the Colorado West. And the wider playground is just as rich. To the west, Durango offers dining, shopping, and the historic Durango & Silverton Narrow Gauge Railroad. The town of Bayfield and nearby Vallecito Reservoir are favorite spots for boating, fishing, and summertime fun. In winter, world-class skiing and snowboarding at Purgatory Resort add another layer of four-season adventure, all within a scenic drive of your front gate. With its extensive recent upgrades, fully permitted trail operations, three income-producing RV sites with room for expansion, and strong history as a resort destination, Piedra River Resort is ready for its next chapter. Expand the cabins, grow the RV offerings, build out more trail adventures, or simply live the life that others only dream of. A true 1031exchange opportunity for those seeking a generational investment and a legacy property. Financials are available with a signed confidentiality agreement and proof of funds

180 County Road 166, Pagosa Springs
$1,035,000
4 Beds ⋅ 4 Baths ⋅ 828810 MLS
Spacious Mountain Retreat in Eaton Pagosa Estates. Welcome to this exceptional 4,409 sq. ft. low maintenance home in the highly sought-after Eaton Estates, offering the perfect blend of location, comfort, privacy, and gathering space. With 4 bedrooms, 3.5 baths, a huge loft with built-in Murphy bed, and a flexible floor plan, this residence is designed to accommodate large family retreats or multi-generational living. The main-level primary suite provides convenience and privacy, while oversized windows throughout the home fill every room with natural light and frame stunning views of the mountains and nearby lake. Primary bath features new granite double sink countertops, jetted tub and separate tiled walk-in steam shower. The heart of the home boasts a chef’s kitchen equipped with a Viking stainless cooktop, new Sub-Zero refrigerator, abundant custom solid-wood cabinetry, and a spacious layout for entertaining. Gather in the large main living room or the cozy family room—each with its own natural gas fireplace and wet bar for added ambiance. Additional highlights include: Large timber beams and warm wood accents throughout, Expansive new wraparound deck perfect for outdoor living and mountain views, Radiant in-floor heat, 2 natural gas log stoves, Steam shower and jetted tub for ultimate relaxation and included Hot Tub for end of the day unwinding. Downstairs family/bonus/rec room is a fantastic place for media or endless game playing. Crafted by custom home builder Rich Hampton, this home reflects quality and thoughtful design at every turn. Eaton Pagosa Estates is a peaceful neighborhood with no short-term rentals allowed, ensuring a serene and private community atmosphere. Private lakeside dock just a few hundred yards from the house for fishing in Lake Forest or launching your kayak/paddle board. Paved roads, paved circular driveway into the 3 car oversized garage.

171 Glen Eaton Dr, Pagosa Springs
$1,815,000
3 Beds ⋅ 3 Baths ⋅ 827854 MLS
Located in the exclusive area of Timber Ridge with Mountain views, paved roads, extremely convenient to grocery store, churches, hospital and more is your ideal mountain getaway. Nestled in the trees and backing to 14 acres of greenbelt / open space is this majestic custom built home with main living and master on the main. The entrance / foyer is elegant, yet welcomes you to this fully furnished home (to include plates, utensils, pots, pans) and everything you can think of to move right in. A grand staircase and gorgeous real wood flooring throughout, beautiful open floorplan with double sliding glass door access to your covered deck, ideal for entertaining and views of the mountains. This sets it apart from the rest. Enjoy your favorite beverage while setting on the deck, listening to the wind through the trees, and, watching the wildlife meanders through this property. This has been an elk migration path for heard of deer and elk to settle in or pass by. This living room was thoughtfully designed with floor to ceiling impressive stacked stone gas fireplace, open to the dining area with a built in hutch. The gourmet kitchen has a mural cut into the backsplash depicting Pagosa's mountain lifestyles. Granite is throughout this home. The hallway leads to the large office which can be used as a guest bedroom and across from this is a guest room with it's ensuite. Thoughtfully designed is the bath/shower that has been raised for your convenience & granite double sinks. Down the hall leads you to the large master complete with gas fireplace and huge walk in closet with built-in's. The master bath has double sinks, granite of course, large shower and soaking tub. Now, let's go up the sweeping staircase, to the family room area and full bathroom, along with an area that is currently used for overflow company. It has a closet, privacy and room for several beds and of course the bathroom. In addition, there is another area with a space for more storage. Downstairs is a large laundry room just off the kitchen and access to the 3 car garage that is designed for a texas style party, fully painted, finished floors and wall sconces along with regular lighting and fans to keep you cool in the summer. This stays warm in the winter as it has 100 gallon water heater that is heated with a major with ETS (Electronic Thermal Storage System -(super energy efficient). Also in the garage is a workbench and a special designed drains for each parking space to catch the snowmelt when you pull in.There is so much storage in this home, you probably will not be able to fill it. The stairs that are in the garage lead upstair to the overflow guest space in the home. I love this home and the location being moments from the grocery store while feeling like you are tucked in the mountains. The exclusive Timber Ridge subdivision is known for it's gorgeous homes and reasonable HOA fees. This is also an equestrian community with trails and paths to ride. We also have the clubhouse that is used for get togethers with neighbors and friends for your use. I love being able to walk out your back door and take your dogs for a walk or stroll along the greenbelt paths or snowshoe /cross country from your your home. It doesn't get much better than this. Large enough for family and friends yet, feels perfect for just you. Make sure this is on your list, you'll be glad you did.

445 Bristlecone Dr, Pagosa Springs
$1,725,000
3 Beds ⋅ 5 Baths ⋅ 806231 MLS
Extremely well-built timber frame home sitting on 36 gorgeous acres with fantastic mountain views. Very private location only three miles from Pagosa Springs. Property is not in a subdivision and has no CC&Rs, but does have city water. Property is 80 percent wooded and 20 percent meadow with no neighbor in sight. If you enjoy viewing wildlife, you are in for a treat. You will have to share your estate with lots of deer, elk, and turkey. The home itself has all sorts of upgrades. The timber frame beams and trim are made of Douglas Fir. The Wood-Mode cabinets are cherry. The floors are tile and the heating is in floor radiant. The countertops are solid surface. The main level has a large great room that goes out to a beautiful deck, and down the hall, there are two master suites and a third bedroom that needs a closet. Downstairs, is a multi choice room, which could be a mother-in-law quarters, a man cave, or an additional bedroom. This space has its own outside entrance, a bath, and plenty of additional plumbing for a kitchen, bar, or an additional bathroom. The septic system is authorized for four bedrooms. The home is priced well below today's replacement cost. Home has been pre-inspected as well as radon tested.

2190b Cemetery Rd, Pagosa Springs
$3,999,000
3 Beds ⋅ 813714 MLS
STUNNING AND VERSATILE 130 ACRE RANCH JUST WEST OF PAGOSA SPRINGS. This exquisite parcel is a once in a lifetime opportunity to own one of the most beautiful valleys you will ever see. Nestled in a valley to the north of 6,193 acres of San Juan National Forest, you will discover over 30 miles of trails accessed directly from the ranch. Enjoy vistas to the north and east of the majestic Southern San Juans. This unique parcel also comes with valuable existing features, including a comfortable ranch-style home with a carport and a vast amount of covered outdoor living space and areas to entertain, a lodge built to commercial code that includes a large meeting room, a commercial kitchen, a cubby room, men's and women's restrooms, a handicap full bathroom, 4 showers, and 2 bedroom suites with full bathrooms. Also included are 24 RV hook ups with water and power, 13 heated, insulated bunk cabins, and multiple western style outbuildings that could be used as offices, meeting rooms, classrooms, or tack rooms. The property could fit a multitude of different lifestyles and goals, including a horseman's dream with a full list of all the amenities in associated documents or those just looking for a serene mountain retreat. The property has multiple water retention ponds and an incredibly high-producing commercial well feeding a 10,000 gallon water tank that gravity feeds the home and meeting hall. The conservation easement ensures the protection of this land's natural beauty, guaranteeing the preservation of its ecological and environmental significance. The properties to the west and north of the property are also in conservation easements ensuring that the surrounding land will always be as beautiful as it is today and remain a haven for wildlife year round. In addition to the 130 acres, the owners have secured an agricultural and recreational lease for 317 acres to the north located in a Colorado Land Trust. The conservation easement allows for versatile commercial or non-profit entities as long as there is an agricultural education element to the project, ideal for an experiential learning or wilderness education school, a veteran's retreat center, a recovery center, a church retreat center, a summer camp, a wellness retreat center, a farm-to-table working farm, an adjunct college campus, or insert your own vision for this stunning slice of heaven. Please see associated documents for a detailed list of inclusions and amenities.

1134 Parelli Institute Dr, Pagosa Springs

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