$785,000
- 4 Beds
- 1 Bath
- 2,032 Sq Ft
165 Butte Dr, Pagosa Springs, CO 81147
Julie Vihstadt Southwest Colorado Realty
$785,000
165 Butte Dr, Pagosa Springs, CO 81147
Julie Vihstadt Southwest Colorado Realty
$775,000
151 Butte Dr, Pagosa Springs, CO 81147
Julie Vihstadt Southwest Colorado Realty
Pagosa Springs in southern Colorado is a small community known for its outdoor recreation and scenic beauty. Nestled in the Rocky Mountain terrain and along the San Juan River, it offers a nature-oriented escape with national forests, waterfalls, and the world's deepest geothermal hot spring. Housing options include Craftsman, contemporary, and cabin-style homes, often with wooden exteriors and tin roofs, situated on quarter-acre lots. Townhouses and condos are also available. However, homes closer to downtown may face flood risks due to the river, and wildfires are a significant concern. The Springs Resort is a notable attraction, featuring soaking pools fed by the geothermal hot spring. Other things to do include visiting Chimney Rock National Monument, hiking in the San Juan National Forest, and skiing at Wolf Creek Ski Area. The San Juan River is popular for fishing, paddleboarding, and kayaking, with sections designated as Gold Medal waters for trout fishing. Festivals like Colorfest and Pints, Pools and Paddles add vibrancy to the community. Dining options downtown include Tex-Mex restaurants, breakfast diners, and breweries. Pagosa Springs schools offer STEM programs and adventure learning, with high ratings. Public transportation is provided by Mountain Express Transit, and the nearest passenger airport is Durango-La Plata County Airport, about 55 miles west.
On average, homes in Pagosa Springs, CO sell after 88 days on the market compared to the national average of 52 days. The median sale price for homes in Pagosa Springs, CO over the last 12 months is $575,000, up 3% from the median home sale price over the previous 12 months.
In Pagosa Springs, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $775,000 to $785,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Pagosa Springs is $649,000, while the average sale price is $644,905, offering insights into the local housing market. On average, multi-family homes spend 88 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Pagosa Springs, CO.