$950,000
$250K PRICE DROP

403 Falcon Place Pagosa Springs, CO 81147

Estimated payment $5,435/month

Total Views 3,906
3 Beds
3 Baths
2,597 Sq Ft
$366 Price per Sq Ft

Highlights

  • Mountain View
  • Deck
  • 3 Car Attached Garage
  • Pagosa Springs Middle School Rated 9+
  • Adjacent to Greenbelt
  • Double Pane Windows

About This Home

We are excited to share a listing for a newly constructed 2,597 sq ft home featuring three bedrooms and three full bathrooms. This home is perfectly suited for a growing family, offering a spacious loft that can be adapted as a workout area, a children's media room, or a comfortable home office. The open-concept living room and kitchen, complete with beautiful knotty alder cabinets and soft-close doors, create an ideal space for family gatherings and holiday celebrations. Imagine cozying up by the wood-burning fireplace on chilly winter evenings, whether you're reading a book or simply enjoying the snowfall. This home is designed with efficiency in mind, boasting spray foam insulation to help maintain low energy costs. It also comes pre-plumbed for air conditioning, including a 5-ton condenser for future installation if desired. You'll appreciate the convenience of the on-demand 50-gallon water heater, ensuring you never have to wait for hot water. The thoughtful design extends to the expansive 850 sq ft tandem garage, a true "man cave," which includes a workbench, an air compressor, and a 220v outlet for welding. Even taller trucks will fit comfortably thanks to the 9-foot garage clearance. For visiting guests with RVs, the property offers a convenient 30-amp exterior hookup and a dedicated RV dump station connected to the sewer line. Enjoy low-maintenance living with the Trex deck on the back porch. Every detail has been carefully considered in this home. Come and start living the Colorado dream today.

Listing Agent

Carol Ann Peterson

Sherpa Real Estate Listed on: 05/15/2025

Co-Listing Agent

Anita Bowles

Sherpa Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,765

Year Built

  • Built in 2021

Lot Details

  • 9,148 Sq Ft Lot
  • Adjacent to Greenbelt

HOA Fees

  • $28 Monthly HOA Fees

Home Design

  • Metal Roof
  • Log Siding
  • Stick Built Home

Interior Spaces

  • 2,597 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Carpet
  • Mountain Views
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Propane Water Heater
  • Internet Available

Community Details

  • Plpoa HOA
  • Pagosa Highlands Estates 03 Cnty Code 00399 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 558325303035

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,765

Year Built

Built in 2021

Lot Details

0

HOA Fees

$28 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Microwave
  • Estimated Total Acres: 0.21
  • Class: RESIDENTIAL
  • Em Deposit: 5% or as Negotitated
  • Em Holder: Colorado Title
  • Exterior Inclusions: Deck
  • Interior Inclusions: Window Coverings, Ceiling Fan(s), W/D Hookup, Walk In Closet, Garage Door Opener
  • Legal Lot Block: SUBDIVISION: PAGOSA HIGHLANDS EST LOT: 223 PHE SEC: 25 TWN: 36 RNG: 2.5W
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 558325303035
  • Price Per Sq Ft: 365.81
  • Property Description: Adj to Greenbelt
  • Real Estate Included: Yes
  • Realist Id: 558325303035
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Log
  • Street Descriptionaccess: County, Gravel, Public Winter Maintenance
  • Street Designation: Place
  • Tax Account Id: R001114
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Service Avail: Yes
  • Other Transfer Fees: Yes
  • Total Taxes Dollar: 2765.16
  • Year Built: 2021
  • Foreign Owned Y N: No
  • Prop Description Remarks: We are excited to share a listing for a newly constructed 2,597 sq ft home featuring three bedrooms and three full bathrooms. This home is perfectly suited for a growing family, offering a spacious loft that can be adapted as a workout area, a children's media room, or a comfortable home office. The open-concept living room and kitchen, complete with beautiful knotty alder cabinets and soft-close doors, create an ideal space for family gatherings and holiday celebrations. Imagine cozying up by the wood-burning fireplace on chilly winter evenings, whether you're reading a book or simply enjoying the snowfall. This home is designed with efficiency in mind, boasting spray foam insulation to help maintain low energy costs. It also comes pre-plumbed for air conditioning, including a 5-ton condenser for future installation if desired. You'll appreciate the convenience of the on-demand 50-gallon water heater, ensuring you never have to wait for hot water. The thoughtful design extends to the expansive 850 sq ft tandem garage, a true "man cave," which includes a workbench, an air compressor, and a 220v outlet for welding. Even taller trucks will fit comfortably thanks to the 9-foot garage clearance. For visiting guests with RVs, the property offers a convenient 30-amp exterior hookup and a dedicated RV dump station connected to the sewer line. Enjoy low-maintenance living with the Trex deck on the back porch. Every detail has been carefully considered in this home. Come and start living the Colorado dream today.
  • Subdv Name: Pagosa Highlands Estates - 03 Cnty Code 00399
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Bedrooms: 3
  • Flooring: Carpet-Partial
  • Estimated Total Sq Ft: 2597
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 2
  • Total Bathrooms: 3
  • Foundation: Crawl Space
  • Total Office Den: 0

Exterior Features

  • Windows: Double Pane
  • Construction Type: Wood Frame
  • Roof: Metal
  • Views: Mountains

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 3

Utilities

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

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 335
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: PLPOA

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: Unfurnished

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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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 $2,765 $45,630 $2,980 $42,650
2023 $2,765 $22,450 $2,770 $19,680
2022 $502 $7,730 $7,730 $0
2021 $530 $7,730 $7,730 $0
2020 $348 $5,000 $5,000 $0
2019 $343 $5,000 $5,000 $0
2018 $301 $3,990 $3,990 $0
2017 $264 $3,990 $3,990 $0
2016 $214 $3,190 $3,190 $0
2015 -- $3,190 $3,190 $0
2014 -- $4,500 $4,500 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $950,000 -9.5% $366 / Sq Ft
05/21/2025 05/21/25 Price Changed $1,050,000 -12.5% $404 / Sq Ft
05/15/2025 05/15/25 For Sale $1,200,000 -- $462 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Deed $15,000 --
Deed $6,200 --
Source: Public Records

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Source: Colorado Real Estate Network (CREN)

MLS Number: 824071

Colorado Real Estate Network (CREN)

APN: 558325303035