273 N 1st Street

  • $999,000

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Rare investment opportunity and prime location are the cornerstones of this exceptional 4.2 acre mountain marvel. Panoramic views of historic Old Town Pagosa Springs encircle the valleys below the property and stunning views of the towering San Juan River punctuate the backdrop to the east. Arriving at the custom gated entry you’ll discover humble Rumbaugh […]

Description

Rare investment opportunity and prime location are the cornerstones of this exceptional 4.2 acre mountain marvel. Panoramic views of historic Old Town Pagosa Springs encircle the valleys below the property and stunning views of the towering San Juan River punctuate the backdrop to the east. Arriving at the custom gated entry you’ll discover humble Rumbaugh Creek. The topography of the lot beyond it includes a lower meadow and then your drive barber-poles the hillside, eventually arriving at one of the most splendid build sites in town, atop the crest of the hill. Wildflowers adorn the parcel in warmer months and the site is host to a huge variety of wildlife all year round. Public fishing is within a block of the lot, including the stocked San Juan River and public ponds in the park to the east. Just across the valley to the south stands Reservoir Hill. This activity park is open to the public and offers a wonderful concert venue, miles of improved hiking and mountain bike trails, a terrific (and free) disc golf course amid the tall timbers, two viewing deck structures and a lush hidden meadow for picnics and snow shoes. The town’s river walk is within a block of this special parcel and traces the picturesque waterway through town, featuring protected wetlands (a birdwatcher’s paradise), community geothermal greenhouses, some free hot springs, three commercial hot springs spas and multiple manicured town parks. Of course, some of the greatest dining and shopping experiences are nearby in one of Colorado’s friendliest communities, all surrounded by 2.8 million acres of National Forest and pristine Wilderness Areas (the largest in the lower 48 states). This unique lot is within the city limits and is zoned R-6 which affords the owner many optional uses, including further subdivision and up to six housing units per acre. You’ll want to speak to the town planning department to learn of all of the options and restrictions. Special financing terms may be available through the property owner. Ask your realtor to inquire about the details. Experience this extraordinary opportunity before it is gone.

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Listing Details

Price:$999,000
Address:273 N 1st Street
City:Pagosa Springs
State:Colorado
Zip Code:81147
Subdivision:PS Town Of Pagosa Springs - 01 Cnty Code 00440
MLS:798420
Acres:4.200
Lot Square Feet:4.200 acres
area:PS01 (Old Pagosa Springs)
availableForAuction:No
covenantsYN:no
currentPropertyUse:Mountain Recreation
domesticSewer:Sewer Tap Available
domesticWater:Public, Tap Available
elemSchool:Pagosa Springs K-4
fence:Partial Property
highSchool:Pagosa Springs 9-12
hoaYN:no
horseSetup:no
incomeProducing:No
legalLotBlock:Final Legal Description TBD Per Final Title Commitment. Reference Parcel Subdivision: TOWN OF PAGOSA SPRINGS Block: 2 Lot: 1-2 & A PS Sec: 13 Twn: 35 Rng: 2W LESS 75' X 150';
lotSizeAcreage:1-5 Acres
middleSchool:Pagosa Springs 5-8
mineralRights:Unknown
modularOrMobileAllowed:No
otherTransferFeesYN:no
parcelIdNum:569913108001
priceAcre:237857.14
propertyDescription:Wooded Lot
reoLenderOwned:no
saleRent:For Sale
sewerHUAvail:Yes
sewerPaid:Yes
sewerSepticIn:No
shortSale:no
specialAssessmentYN:no
sqftSource:County
streetDescriptionAccess:City/Town, Paved
taxYear:2021
totalTaxesPrice:1506.96
utilities:Electricity Near, Natural Gas Near
views:Lake/Pond/Reservoir, Mountains, Stream/River, Valley
waterFront:no
waterRightsIrrig:No
waterTapAvail:Yes
waterTapInstalled:No
waterTapPaid:Yes
waterWell:No
waterfrontDes:Creek
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