$793,000
$2K PRICE DROP

150 Morro Cir Pagosa Springs, CO 81147

Estimated payment $4,606/month

Total Views 5,953
5 Beds
3.5 Baths
2,480 Sq Ft
$320 Price per Sq Ft

Highlights

  • Fitness Center
  • Mountain View
  • Living Room with Fireplace
  • Pagosa Springs Middle School Rated 9+
  • Deck
  • Main Floor Primary Bedroom

About This Home

Welcome to your dream mountain escape—fully furnished, thoughtfully upgraded, and brimming with income-producing potential. This spacious 5-bedroom, 4-bath home sits on a beautifully landscaped double-corner lot and boasts panoramic mountain views that wow guests and renters alike. Whether you're looking for a serene family getaway or a high-performing short-term rental investment, this versatile property delivers on every front. Currently set up for immediate rental success, the home comes move-in ready with curated decor, new washer and dryer, energy-efficient on-demand water heater, and central A/C for year-round comfort. Guests love the large back deck—ideal for outdoor dining, stargazing, and making memories under the Colorado sky. Located just a short walk from scenic Lake Hatcher and the endless trails of the National Forest, this property is a favorite among vacationers seeking both adventure and tranquility. With its unbeatable location, stylish upgrades, and strong rental appeal, this is more than a mountain home—it’s a ready-to-go income generator and a lifestyle investment.

Listing Agent

Martha Murphy

Best of Pagosa Springs Listed on: 04/21/2025

Co-Listing Agent

Michael Knapp

Best of Pagosa Springs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,822

Year Built

  • Built in 1994

Lot Details

  • 0.49 Acre Lot
  • Back Yard Fenced
  • Corner Lot

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Metal Roof
  • Cedar Siding
  • Stick Built Home

Interior Spaces

  • 2,480 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Living Room with Fireplace
  • Screened Porch
  • Tile Flooring
  • Mountain Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Outdoor Gas Grill

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heating System Powered By Leased Propane
  • Tankless Water Heater
  • High Speed Internet
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 558336204055

Community Details

Overview

  • Pagosa Lakes Property Owners Association
  • Lake Hatcher Park 03 Cnty Code 00287 Subdivision

Recreation

  • Tennis Courts
  • Racquetball
  • Fitness Center
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,822

Year Built

Built in 1994

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Estimated Total Acres: 0.49
  • Class: RESIDENTIAL
  • Common Facilities: Pool, Racquet Ball, Tennis Courts, Fitness Facility, Hot Tub
  • Em Deposit: 15000
  • Em Holder: Title Company
  • Exterior Inclusions: Deck, Gas Grill, Screened-in Porch
  • Interior Inclusions: All Furnishings, Garage Door Opener
  • Legal Lot Block: LAKE HATCHER PK Lot: 170X LHP Sec: 36 Twn: 36 Rng: 2.5W (RS #2001-23 LOTS 169-170 #20102444)
  • Lot Size Acreage: .25-.5
  • Parcel Id Number: 558336204055
  • Price Per Sq Ft: 319.76
  • Property Description: Corner
  • Real Estate Included: Yes
  • Realist Id: 558336204055
  • Residence Stories: 1.5 Story
  • Sale/Rent: For Sale
  • Siding: Cedar
  • Street Descriptionaccess: County
  • Street Designation: Circle
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Century Link
  • Internet Service: Yes
  • Total Taxes Dollar: 2821.52
  • Year Built: 1994
  • Foreign Owned Y N: No
  • Prop Description Remarks: Welcome to your dream mountain escape—fully furnished, thoughtfully upgraded, and brimming with income-producing potential. This spacious 5-bedroom, 4-bath home sits on a beautifully landscaped double-corner lot and boasts panoramic mountain views that wow guests and renters alike. Whether you're looking for a serene family getaway or a high-performing short-term rental investment, this versatile property delivers on every front. Currently set up for immediate rental success, the home comes move-in ready with curated décor, new washer and dryer, energy-efficient on-demand water heater, and central A/C for year-round comfort. Guests love the large back deck—ideal for outdoor dining, stargazing, and making memories under the Colorado sky. Located just a short walk from scenic Lake Hatcher and the endless trails of the National Forest, this property is a favorite among vacationers seeking both adventure and tranquility. With its unbeatable location, stylish upgrades, and strong rental appeal, this is more than a mountain home—it’s a ready-to-go income generator and a lifestyle investment.
  • Subdv Name: Lake Hatcher Park - 03 Cnty Code 00287
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 18

Interior Features

  • Bedrooms: 5
  • Flooring: Tile
  • Estimated Total Sq Ft: 2480
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 4
  • Fireplace Location Type: Living Room
  • Foundation: Crawl Space
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Fence: Fenced - Back
  • Construction Type: Wood Frame
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet - DSL
  • Cooling: Forced Air
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air
  • Sewer Supplier: Pagosa Area Water and Sanitation
  • Water Heater: Tankless
  • Water Supplier: Pagosa Area Water and Sanitation

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 350.00
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Pagosa Lakes Property Owners Association

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: 2025

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,822 $46,560 $3,700 $42,860
2023 $2,822 $46,560 $3,700 $42,860
2022 $1,953 $30,040 $2,050 $27,990
2021 $2,118 $30,910 $2,110 $28,800
2020 $1,963 $28,210 $1,490 $26,720
2019 $1,937 $28,210 $1,490 $26,720
2018 $1,705 $22,610 $1,140 $21,470
2017 $1,495 $22,610 $1,140 $21,470
2016 $1,211 $18,090 $840 $17,250
2015 -- $18,090 $840 $17,250
2014 -- $16,280 $1,240 $15,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Price Changed $793,000 -0.3% $320 / Sq Ft
04/21/2025 04/21/25 For Sale $795,000 -- $321 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $300,000 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $230,000 Great Divide Title
Deed -- --
Deed -- --
Deed -- --
Deed $118,000 --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed $5,500 --
Deed $10,300 --
Deed $10,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $211,000 New Conventional
Closed $240,000 New Conventional
Source: Public Records

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Source: Colorado Real Estate Network (CREN)

MLS Number: 823171

Colorado Real Estate Network (CREN)

APN: 558336204055