502 S 5th St Unit B-6 Pagosa Springs, CO 81147
Estimated payment $3,889/month
Highlights
- River Front
- Lake View
- Cathedral Ceiling
- Pagosa Springs Middle School Rated 9+
- Adjacent to Greenbelt
- 5-minute walk to Yamaguchi Park
About This Home
Check out this extra rare river front opportunity in historic Old Town Pagosa Springs. Terrific value and priced and even improved on July 25, 2025. Tastefully crafted to display a Colorado mountain Esque vibe, using rusted corrugated steel, large windows and creative stains outside and towering ceilings, granite countertops, alder wood doors and cabinetry and other high-quality finishes inside. This nest is warmly inviting, upgrade loaded and professionally staged to perfection. You'll be smitten from your first look. Two great decks add space to gather and entertain and the back deck offers a distinctive retreat which overlooks the banks of the majestic San Juan River, the town's trail system (a protected wetland reserve which accesses all of your favorite stores, shops, restaurants and parks) plus our wonderful Reservoir Hill recreation area, with miles of improved biking and hiking trails, sled hill, meadowy mountaintop music venue and mind-numbing overlooks. Like disc golf? 18 holes are one block away in the tall trees. Like to soak? All three of our trendy soaking sanctuaries are within walking distance of your front door. Oh, and did I mention that this honey has A/C? Yes, there is more: The master suite in the unit is "extra" with access to the river-facing back deck, large walk in closet and beautiful custom tiled shower enclosure. In fact, you'll find a lot of beautiful custom tile throughout, including the kitchen back splash. The kitchen has a great pantry. There is a wonderful Heat-O-Later fireplace below a custom wood mantle in the living room which adds warmth to the home in cooler months and ambiance all year around...with no mess. There is also a programable thermostat to regulate the heat in the home. Crank the windows open for that refreshingly pure mountain air, all year round. The single car garage is convenient and tall enough to hang some of your gear and to park you sleds. Owners at Riverwalk are invited to use the gazebo and courtyard to the rear of the buildings to enjoy the live-water Colorado experience. Roads to the condo are all paved, and city maintained. For added security, the units are accessed via central code-pass door and heated indoor hallways. Landscaping and snow removal are maintained by the Condo Owner's Association. Yamaguchi Park is only a one block stroll from your front door, to the south. There are extensive hard-surface riding and biking paths at the park, loads of lush grass, multipurpose fields, public fishing/tubing/kayaking access, rest rooms, skateboard park, basketball court, baseball stadium, pump track and glorious pickle ball courts. The beauty of the north range San Juan Mountains, backdrop the fields. The town promotes some great festivities at the fields during all seasons. Grab your snowshoes, fat tire bikes and cross-country skis in winter months, participate in some fun runs or mountain bike races on the adjacent trails, watch the High School teams competing at their track and field (Golden Peaks Stadium), across from Yamaguchi Park or celebrate the fireworks on Independence Day and Halloween from the park. You'll see all the hot air balloons from the park during Winter-Fest and Color-Fest and your pets will make loads of friends on the paths and trails surrounding this neighborhood and pouring over into old town. Also, there is a stunning public gazebo replete with riverside firepit and picnic tables for your next quiet evening or celebration. To say that you'll be right in the heart of the community here would not be an understatement. Hurry to see this beauty before it is gone. Scour the web and see if you can find anything quite Like this beauty then take action to tour it soon. You'll be glad you did.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,493
Year Built
- Built in 2008
Lot Details
- River Front
- Adjacent to Greenbelt
- Landscaped
HOA Fees
- $500 Monthly HOA Fees
Property Views
- Lake
- Mountain
Home Design
- Composition Roof
- Metal Roof
- Cedar Siding
Interior Spaces
- 1,860 Sq Ft Home
- 3-Story Property
- Cathedral Ceiling
- Ceiling Fan
- Heatilator
- Double Pane Windows
- Window Treatments
- Living Room with Fireplace
- Formal Dining Room
- Wood Flooring
- Washer and Dryer Hookup
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Parking
- 1 Car Attached Garage
- Garage Door Opener
Outdoor Features
- Patio
- Gazebo
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 Natural Gas
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 569924232007
Community Details
Overview
- Association fees include trash, snow removal, parking
- River Walk Coa
- Co Riverwalk Th 1 01 Cnty Code 00940 Subdivision
Pet Policy
- Dogs Allowed
Map
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 | $2,581 | $42,690 | $0 | $42,690 |
2023 | $2,581 | $0 | $0 | $0 |
2022 | $1,799 | $0 | $0 | $0 |
2021 | $1,883 | $0 | $0 | $0 |
2020 | $1,679 | $0 | $0 | $0 |
2019 | $1,679 | $0 | $0 | $0 |
2018 | $0 | $0 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/02/2025 09/02/25 | Price Changed | $599,900 | -3.2% | $323 / Sq Ft |
07/25/2025 07/25/25 | Price Changed | $619,500 | -2.4% | $333 / Sq Ft |
03/19/2025 03/19/25 | Price Changed | $634,900 | -0.2% | $341 / Sq Ft |
03/19/2025 03/19/25 | Price Changed | $635,900 | +1.8% | $342 / Sq Ft |
12/04/2024 12/04/24 | For Sale | $624,900 | +48.8% | $336 / Sq Ft |
11/13/2020 11/13/20 | Sold | $420,000 | +10.5% | $226 / Sq Ft |
11/13/2020 11/13/20 | Pending | -- | -- | -- |
11/13/2020 11/13/20 | For Sale | $380,000 | -- | $204 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $420,000 | High Country Title |
Source: Colorado Real Estate Network (CREN)
MLS Number: 819733

APN: 569924232007
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