$1,150,000

273 N 1st St Pagosa Springs, CO 81147

Estimated payment $6,622/month

Total Views 6,502
4.2 Acres
$273,810 Price per Acre
182,952 Sq Ft Lot

Highlights

  • 4.2 Acre Lot
  • Creek or Stream View
  • Foothills
  • Pagosa Springs Middle School Rated 9+
  • Wooded Lot
  • Level Lot

About This Lot

Imagine buying in Telluride before it was swarming with trust fund bros and overpriced wine bars. That’s what 273 N 1st St. is: a 4.2-acre hilltop plot in Pagosa Springs—before the masses figure it out. This parcel has city water, sewer, and utilities. Translation? You’re not off-grid unless you want to be. Build a legacy home. Or develop it (plans available to look at). Or just sit on it and laugh maniacally as property values climb. Your call. From the top? Panoramic views of downtown, the San Juan River, and the mountains. Actual views, not “peekaboo between two buildings if you squint.” Walk to coffee. Bike to tacos. Tube the river. Rip powder at Wolf Creek. Fish, hike, raft, golf, whatever. If you’re bored here, that’s a you problem. There aren’t many parcels like this left downtown. And once it’s gone, it’s gone. So if you’re looking for a sign to stop living someone else’s life and start building your own — this is it. Screw the cul-de-sac. You were meant for more.

Listing Agent

Chris Mott

Sherpa Real Estate Listed on: 05/18/2025

Co-Listing Agent

Matthew Martin

Sherpa Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,263

Lot Details

  • 4.2 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned Residential Multi Family

Property Views

  • Creek or Stream
  • Mountain
  • Valley

Schools

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

Community Details

  • Foothills

Listing and Financial Details

  • Security Deposit $70,000
  • Assessor Parcel Number 569913108001

Property Details

Property Type

Land

Est. Annual Taxes

$4,263

Lot Details

0

Listing Details

  • Class: Land
  • Em Holder: Title
  • Legal Lot Block: Subdivision: TOWN OF PAGOSA SPRINGS Block: 2 Lot: 1 AND:- Lot: 2 AND:- Lot: A PS Sec: 13 Twn: 35 Rng: 2W LOTS 1 & 2 ARE 50X150, LOT A IS AN "L" SHAPE THAT IS 167,952 SQ FT
  • Lot Size Acreage: 1-5 Acres
  • Parcel Id Number: 569913108001
  • Property Description: Wooded Lot, Foothills
  • Street Descriptionaccess: City/Town, Paved
  • Street Designation: Street
  • Zoning: Residential Multi Family, Residential Single Family
  • Domestic Sewer: Sewer Tap Available
  • Domestic Water: Tap Available
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 4.2
  • Current Property Use: Residential Single Family
  • Em Deposit: 70,000.00
  • Possible Property Use: Residential Single Family
  • Mineral Rights: Unknown
  • Price Acre: 273809.52
  • Topography: Level, Sloped, Steep
  • Price per Sq Ft: 6.29
  • Sewer Tap Avail: Yes
  • Water Tap Available: Yes
  • Total Taxes Dollar: 4,263.49
  • Prop Description Remarks: Imagine buying in Telluride before it was swarming with trust fund bros and overpriced wine bars. That’s what 273 N 1st St. is: a 4.2-acre hilltop plot in Pagosa Springs—before the masses figure it out. This parcel has city water, sewer, and utilities. Translation? You’re not off-grid unless you want to be. Build a legacy home. Or develop it (plans available to look at). Or just sit on it and laugh maniacally as property values climb. Your call. From the top? Panoramic views of downtown, the San Juan River, and the mountains. Actual views, not “peekaboo between two buildings if you squint.” Walk to coffee. Bike to tacos. Tube the river. Rip powder at Wolf Creek. Fish, hike, raft, golf, whatever. If you’re bored here, that’s a you problem. There aren’t many parcels like this left downtown. And once it’s gone, it’s gone. So if you’re looking for a sign to stop living someone else’s life and start building your own — this is it. Screw the cul-de-sac. You were meant for more.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Exterior Features

  • Views: Mountains, Stream/River, Valley

Utilities

  • Utilities: Electricity Near, Natural Gas Near
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Black Hills Energy
  • Water Supplier: Pagosa Area Water And Sanitation

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

Tax Info

  • Tax Year: 2024

MLS Schools

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

Map

Range of Values:

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List Price
Sold Price
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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 $4,415 $73,010 $73,010 $0
2023 $4,415 $73,010 $73,010 $0
2022 $1,481 $23,190 $23,190 $0
2021 $1,507 $23,190 $23,190 $0
2020 $247 $3,780 $3,780 $0
2019 $244 $3,780 $3,780 $0
2018 $1,459 $20,790 $20,790 $0
2017 $1,265 $20,790 $20,790 $0
2016 $1,300 $21,160 $21,160 $0
2015 -- $21,160 $21,160 $0
2014 -- $22,530 $22,530 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2025 05/18/25 For Sale $1,150,000 +58.6% --
11/15/2022 11/15/22 Sold $725,000 -27.4% --
09/27/2022 09/27/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $999,000 -- --
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed $375,000 Great Divide Title
Deed $60,000 --
Deed $22,400 --
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 824223

Colorado Real Estate Network (CREN)

APN: 569913108001