$3,999,000
SOLD AUG 30, 2024

1134 Parelli Institute Dr Pagosa Springs, CO 81147

3 Beds
13 Baths
8,686 Sq Ft
130.3 Acres

Recently Sold

$460 Per Sq Ft

39 Days on Market

Highlights

  • Indoor Arena
  • Home fronts a pond
  • 130.3 Acre Lot
  • Pagosa Springs Middle School Rated 9+
  • Lake View
  • Near a National Forest

About This Home

As of August 2024

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.

Last Agent to Sell the Property

Blue Pitcher Lindner

Jann C Pitcher Real Estate Listed on: 05/18/2024

Last Buyer's Agent

Steve Crow

Galles Properties

Galles Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,398

Year Built

  • Built in 1967 | Remodeled in 2012

Lot Details

  • 130.3 Acre Lot
  • Home fronts a pond
  • Level Lot
  • Wooded Lot
  • Property is zoned Agriculture, Commercial

Property Views

  • Lake
  • Mountain
  • Valley

Home Design

  • Ranch Style House
  • Log Cabin
  • Ranch Property
  • Metal Roof
  • Stone Siding
  • Log Siding

Interior Spaces

  • 8,686 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Combination Dining and Living Room
  • 2 Home Offices

Kitchen

  • Breakfast Bar
  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • 2 Carport Spaces

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Shed

Additional Homes

  • 3,952 SF Accessory Dwelling Unit
  • ADU includes 2 Bedrooms and 5 Bathrooms

Schools

  • Pagosa Springs K-4 Elementary School
  • Pagosa Springs 5-8 Middle School
  • Pagosa Springs 9-12 High School

Farming

  • Hay Barn
  • Bunk House
  • Loafing Shed
  • Hay
  • Pasture
  • Cattle
  • Livestock

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Indoor Arena
  • Stables
  • Arena

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Engineered Septic
  • Internet Available

Community Details

  • Near a National Forest
  • Stream Seasonal
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 589106200053

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,398

Year Built

Built in 1967 | Remodeled in 2012

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Dishwasher, Disposal, Dryer, Microwave, Range/Oven
  • Class: Farmranch
  • Em Holder: CTS
  • Exterior Inclusions: Patio
  • Horse Setup: Yes
  • Interior Inclusions: Ceiling Fan(s), Drapes, Skylight(s), W/D Hookup, Vaulted Ceiling
  • Legal Lot Block: RURAL/NOT IN SUBD RURAL Sec: 6 Twn: 34 Rng: 2W 34-2W SEC 6 TRACT IN 6 & 7-34-2W; AS DESC #95007227 #20513685
  • Lot Size Acreage: 100-200 Acres
  • Parcel Id Number: 589106200053
  • Price Per Sq Ft: 460.4
  • Property Description: Pastures, Wooded Lot, Borders National Forest, Borders Public Land
  • Residence Stories: One Story
  • Residence Style: Log, Ranch
  • Siding: Stone, Log
  • Sold Price Sq Ft: 460.4
  • Street Descriptionaccess: County, Gravel
  • Street Designation: Drive
  • Waterfront Type: Pond, Seasonal Stream/Spring
  • Zoning: Agriculture, Commercial, Residential Single Family
  • Domestic Sewer: Engineered Septic
  • Domestic Water: Domestic Well
  • Property Type: Agriculture, Residential/Single Family, Commercial, Recreational
  • Type: With Residence
  • Half Bathrooms: 4
  • One Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 3
  • Estimated Total Acres: 130.3
  • Estimated Total Sq Ft: 8686
  • Carport Y N: Yes
  • Current Property Use: Cattle, Horses, Ag/Livestock, Hay Production, Recreation, Mountain Recreation, Pasture, Commercial, Grazing, Residential Single Family
  • Em Deposit: 5%
  • Possible Property Use: Ag/Livestock, Ag/Row Crops, Cattle, Commercial, Grazing, Hay Production, Horses, Mountain Recreation, Pasture, Recreation, Residential Single Family, Sheep Ranch
  • Property Attached Yn: Yes
  • Barn Yn: Yes
  • Corral Yn: Yes
  • Estimated Dwelling 2 Total Sq Ft: 3952
  • Dwelling 2 Bathrooms: 5
  • Dwelling 2 Bedrooms: 2
  • Dwelling2 Year Built: 1986
  • Improvementsstructures: Hay Barn, Equipment Shed, Loafing Shed, Arena, Stables, Barn, Bunk House, Corral, Garage, Indoor Arena, Workshop
  • Income Producing: Yes
  • Mineral Rights: Unknown
  • Pasture: Yes
  • Price Acre: 30690.71
  • Topography: Level
  • Total Officedens: 2
  • Views Type: Lake/Pond/Reservoir, Mountains, Valley
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 8,397.68
  • Year Built: 1967
  • Year Renovated: 2012
  • Prop Description Remarks: 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.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1177
  • Year Built: 1967

Interior Features

  • Dining Room: Kitchen Bar, Living Room Dining
  • Bedrooms: 3
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Total Bathrooms: 13

Exterior Features

  • Roof: Metal
  • Views: Panoramic Mountain Views
  • Waterfront: Yes

Garage/Parking

  • Carport Spaces: 2

Utilities

  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air, Infloor Radiant
  • Water Heater: Propane Water Heater
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 69088-F

Schools

  • Elementary School: Pagosa Springs K-4
  • Middle School: Pagosa Springs 5-8
  • High School: Pagosa Springs 9-12
  • High School: Pagosa Springs 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Pagosa Springs K-4
  • Middle School: Pagosa Springs 5-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2025
Sold by
Gottfurcht Grant
Bought by
Her Majestys Ranch Llc

Purchase Details

Listed on
May 18, 2024
Closed on
Aug 30, 2024
Sold by
Parelli Pagosa Properties Lllp
Bought by
Gottfurcht Grant
Seller's Agent
Blue Pitcher Lindner
Jann C Pitcher Real Estate
Buyer's Agent
Steve Crow
Galles Properties
List Price
$3,999,000
Sold Price
$3,999,000
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.05%
Original Mortgage
$427,950
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2024
Closed on
Aug 23, 2024
Sold by
Parelli Pagosa Properties Lllp and Pat Parelli International Study Center I
Bought by
Gottfurcht Grant
Seller's Agent
Blue Pitcher Lindner
Jann C Pitcher Real Estate
Buyer's Agent
Steve Crow
Galles Properties
List Price
$3,999,000
Sold Price
$3,999,000
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,950
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2024
Closed on
Aug 16, 2024
Sold by
Mw Asset Management Inc
Bought by
Parelli Pagosa Properties Lllp
Seller's Agent
Blue Pitcher Lindner
Jann C Pitcher Real Estate
Buyer's Agent
Steve Crow
Galles Properties
List Price
$3,999,000
Sold Price
$3,999,000
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,950
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 1995
Sold by
Caywood Inc
Bought by
Pat Parelli International Study Center I

Purchase Details

Closed on
Aug 1, 1975
Bought by
Caywood Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- None Listed On Document
Special Warranty Deed -- None Listed On Document
Special Warranty Deed $3,999,000 None Listed On Document
Bargain Sale Deed -- None Listed On Document
Bargain Sale Deed -- Colorado Title
Deed $680,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $427,950 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2025 05/18/25 For Sale $4,295,000 +7.4% $642 / Sq Ft
08/30/2024 08/30/24 Sold $3,999,000 0.0% $460 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $3,999,000 -- $460 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,703 $153,860 $4,530 $149,330
2023 $8,703 $153,860 $4,530 $149,330
2022 $9,206 $154,710 $4,680 $150,030
2021 $9,432 $163,130 $5,140 $157,990
2020 $9,086 $157,180 $4,670 $152,510
2019 $8,959 $157,180 $4,670 $152,510
2018 $9,051 $146,010 $6,020 $139,990
2017 $7,688 $146,010 $6,020 $139,990
2016 $7,522 $141,690 $3,140 $138,550
2015 -- $141,690 $3,140 $138,550
2014 -- $115,760 $1,670 $114,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 813714

Colorado Real Estate Network (CREN)

APN: 589106200053