$499,000
 $2,679 est/mo Sourced by Back At You

559 S 2nd Street,Pagosa Springs, CO 81147

Pagosa Springs, CO 81147

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Description

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

Details

MLS #831907
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site241
Listing Provided ByEXIT Realty Home & Ranch | Bryce Barnes

Features

ZoningResidential Multi Family
Acreage0.53

Exterior

Lot FeaturesCleared, Corners Marked, Level

Utilities

UtilitiesElectricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Other

List AorPagosa Springs Area Assn Of Realtors

Area Information

StateCO
CountyArchuleta
CityPagosa Springs
Zip Code81147
AreaPS01 (Old Pagosa Springs)
Community NamePS Town Of Pagosa Springs 01 Cnty Code 00440
School DistrictPagosa Springs 9-12
Elementary SchoolPagosa Springs K-4
High SchoolPagosa Springs 9-12
Listing VS Median (in PS Town Of Pagosa Springs 01 Cnty Code 00440)
Price:
$499,000
low | high
Med:
$1,350,000
100% of Average
On site:
241
low | high
Med:
61
100% of Average
Sourced by Back At You

Market Activity 81147

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Additional Information


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Learn More About This Property

StateCO
CountyArchuleta
CityPagosa Springs
Zip Code81147
AreaPS01 (Old Pagosa Springs)
Community NamePS Town Of Pagosa Springs 01 Cnty Code 00440
School DistrictPagosa Springs 9-12
Elementary SchoolPagosa Springs K-4
High SchoolPagosa Springs 9-12
Listing VS Median (in PS Town Of Pagosa Springs 01 Cnty Code 00440)
Price:
$499,000
low | high
Med:
$1,350,000
100% of Average
On site:
241
low | high
Med:
61
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 8:58:09 PM PDT