395 Rainbow Dr Pagosa Springs, CO 81147
Estimated payment $4,144/month
Total Views
3,890
3
Beds
3
Baths
2,740
Sq Ft
$264
Price per Sq Ft
Highlights
- Greenhouse
- Spa
- Mountain View
- Pagosa Springs Middle School Rated 9+
- 1 Acre Lot
- Deck
About This Home
You'll think you've hit the Jackpot at the end of the rainbow with this home! Located in the highly sought after neighborhood of Pagosa Hills situated between uptown and downtown Pagosa Springs. This ideal family home has three bedroom and three baths, great air lock/mudroom, nice and very functional kitchen, separate dining open to the living area and a large area downstairs with so many possibilities. The views of the Continental Divide from the living room and primary bedroom are spectacular! The utility room has a built in safe and security cameras to monitor and rewatch the wildlife that travels through the property. Downstairs has an entrance through the garage or around the side yard making for a nice in-law possibility! There is a laundry/storage room, 3/4 bath, and lots of square footage for you to decide what to do with!! The current owners have it set up as an awesome bar area, guest sleeping area, and exercise area! There is a natural gas fireplace upstairs, a woodstove downstairs & brand new electric baseboard heaters throughout the home. That's right THREE options to keep the home cozy and warm in the winter months. The home sits on a full acre of land and has a storage shed, garden area as well as ample room to store an RV or other outdoor toys you will want to enjoy all that Pagosa has to offer. There is a separate fenced backyard for your pets. The serene patio is nestled in Juniper, Oak and tall Ponderosa Pines that is home to Hummingbirds, Magpies, and bedding deer. The hot tub is set for privacy and enjoying the stars! The garage is heated and currently set up as a workshop. Off the garage is an additional carport. The driveway is paved and has a heated concrete pad to help melt snow!! New Anderson windows and sliding glass door in 2023 that have a 10 year transferable warranty, a NEW roof in 2025 that has a 5 year transferable warranty and new French white oak floors! Make an appointment TODAY!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,288
Year Built
- Built in 1979
Lot Details
- 1 Acre Lot
- Partially Fenced Property
- Cleared Lot
- Wooded Lot
- Water Garden
HOA Fees
- $5 Monthly HOA Fees
Home Design
- 2-Story Property
- Metal Roof
- Wood Siding
- Stick Built Home
Interior Spaces
- 2,740 Sq Ft Home
- Gas Log Fireplace
- Double Pane Windows
- Living Room with Fireplace
- Formal Dining Room
- Mountain Views
- Finished Basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Upstairs
- Walk-In Closet
Laundry
- Dryer
- Washer
Parking
- 1 Car Garage
- 1 Carport Space
- Basement Garage
- Heated Garage
Outdoor Features
- Spa
- Deck
- Greenhouse
- Shed
Schools
- Pagosa Springs K-4 Elementary School
- Pagosa Springs 5-8 Middle School
- Pagosa Springs 9-12 High School
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
- Heating System Uses Wood
- Internet Available
Community Details
- Pagosa Hills HOA
- Pagosa Hills 3 02 Cnty Code 00390 Subdivision
Listing and Financial Details
- Assessor Parcel Number 569914206008
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,894 | $38,850 | $2,890 | $35,960 |
| 2023 | $1,894 | $38,850 | $2,890 | $35,960 |
| 2022 | $1,201 | $26,230 | $3,040 | $23,190 |
| 2021 | $1,258 | $26,990 | $3,130 | $23,860 |
| 2020 | $1,061 | $23,780 | $2,140 | $21,640 |
| 2019 | $1,497 | $23,780 | $2,140 | $21,640 |
| 2018 | $1,497 | $21,830 | $1,540 | $20,290 |
| 2017 | $1,294 | $21,830 | $1,540 | $20,290 |
| 2016 | $776 | $12,950 | $820 | $12,130 |
| 2015 | -- | $14,380 | $820 | $13,560 |
| 2014 | -- | $10,580 | $1,180 | $9,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Price Changed | $724,500 | -3.3% | $264 / Sq Ft |
| 06/28/2025 06/28/25 | Price Changed | $749,000 | -3.6% | $273 / Sq Ft |
| 06/20/2025 06/20/25 | For Sale | $777,007 | -- | $284 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $287,500 | High Country Title | |
| Warranty Deed | $285,000 | High Country Title | |
| Special Warranty Deed | $185,500 | None Available | |
| Special Warranty Deed | $174,390 | None Available | |
| Deed | -- | None Available | |
| Deed | $6,500 | -- | |
| Deed | $12,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,207 | VA | |
| Closed | $287,500 | VA | |
| Previous Owner | $300,375 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Public Records
Similar Homes in Pagosa Springs, CO
Source: Colorado Real Estate Network (CREN)
MLS Number: 825681
APN: 569914206008
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