$412,000

502 S 5th St Unit B3 Pagosa Springs, CO 81147

Estimated payment $2,797/month

Total Views 1,438
1 Bed
1.5 Baths
1,290 Sq Ft
$319 Price per Sq Ft

Highlights

  • River Front
  • Creek or Stream View
  • Living Room with Fireplace
  • Pagosa Springs Middle School Rated 9+
  • Contemporary Architecture
  • 5-minute walk to Yamaguchi Park

About This Home

Amazing San Juan Mountain and river views are just the beginning with this partially furnished, turn-key end-unit condo. Step out your back door to the Riverwalk Trail for an easy stroll or bike ride to the world-famous Springs Resort with its 30+ soaking pools, downtown parks, coffee shops, local eateries, and the vibrant activities at Yamaguchi Park. Love to fish? Cast a line right in your backyard. Pickleball player? Eight brand-new courts are just two blocks away. Pickleball continues inside during the winter at the community center, also just a short walk away. The community center also has fitness classes and events year round as well as a small work out area for staying strong year round. Inside this river front unit, you’ll find high ceilings, granite countertops, central A/C, a heated garage, and tons of storage. The open layout makes it easy to relax or entertain, and big windows bring in the views. Year-round adventure is right outside your door—ski at Wolf Creek Ski Area less than 30 minutes away, hike or snowshoe nearby Reservoir Hill, or enjoy birdwatching over the open-water wetlands across the river. Also outside your back door is Pagosa’s annual Colorfest Celebration with its Color run/walk, Taste of Pagosa and , 40+ hot air balloons launching right in front of your back deck. Whether you’re looking for a full-time escape or a weekend retreat, this condo is ready for you—just bring your toothbrush.

Listing Agent

Heather Simpson

Engel & Völkers Listed on: 08/09/2025

Engel & Völkers

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,359

Year Built

  • Built in 2008

Lot Details

  • 1,307 Sq Ft Lot
  • River Front
  • Open Space

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,290 Sq Ft Home
  • Furnished
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • 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 569924234003

Community Details

Overview

  • Association fees include building maintenance, insurance, landscaping, water, snow removal, parking, common area taxes
  • Pagosa Riverwalk Condos HOA
  • Co Riverwalk Th 1 01 Cnty Code 00940 Subdivision

Pet Policy

  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,359

Year Built

Built in 2008

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Total Acres: 0.03
  • Class: RESIDENTIAL
  • Em Deposit: 10000
  • Em Holder: Colorado Title & Closing
  • Interior Inclusions: All Furnishings, Air Lock Entry
  • Legal Lot Block: CO-Riverwalk-Unit 3 - Bldg B- SUBDIVISION: PAGOSA RIVERWALK CON UNIT: 3 PS RVRWK SEC: 24 TWN: 35 RNG: 2W BUILDING B
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 569924234003
  • Price Per Sq Ft: 319.38
  • Property Description: Adj to Open Space
  • Real Estate Included: Yes
  • Realist Id: 569924234003
  • Residence Style: Contemporary
  • Sale/Rent: For Sale
  • Siding: Wood
  • Street Descriptionaccess: City/Town
  • Street Designation: Street
  • Tax Account Id: R018915
  • Waterfront Type: River
  • Zoning: Residential Single Family
  • Type: Townhouse
  • Hoa Dogs Allowed: Yes
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Visionary
  • Internet Service: Yes
  • Total Taxes Dollar: 1359.28
  • Year Built: 2008
  • Foreign Owned Y N: No
  • Prop Description Remarks: Amazing San Juan Mountain and river views are just the beginning with this partially furnished, turn-key end-unit condo. Step out your back door to the Riverwalk Trail for an easy stroll or bike ride to the world-famous Springs Resort with its 30+ soaking pools, downtown parks, coffee shops, local eateries, and the vibrant activities at Yamaguchi Park. Love to fish? Cast a line right in your backyard. Pickleball player? Eight brand-new courts are just two blocks away. Pickleball continues inside during the winter at the community center, also just a short walk away. The community center also has fitness classes and events year round as well as a small work out area for staying strong year round. Inside this river front unit, you’ll find high ceilings, granite countertops, central A/C, a heated garage, and tons of storage. The open layout makes it easy to relax or entertain, and big windows bring in the views. Year-round adventure is right outside your door—ski at Wolf Creek Ski Area less than 30 minutes away, hike or snowshoe nearby Reservoir Hill, or enjoy birdwatching over the open-water wetlands across the river. Also outside your back door is Pagosa’s annual Colorfest Celebration with its Color run/walk, Taste of Pagosa and , 40+ hot air balloons launching right in front of your back deck. Whether you’re looking for a full-time escape or a weekend retreat, this condo is ready for you—just bring your toothbrush.
  • Subdv Name: Co Riverwalk TH 1 - 01 Cnty Code 00940
  • Unit Suite Number: B3
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room: Island, Kitchen/Dining
  • Bedrooms: 1
  • Flooring: Carpet-Partial, Tile
  • Estimated Total Sq Ft: 1290
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Living Room
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Exterior Structures: Gazebo
  • Roof: Composition
  • Views: Mountains, Stream/River
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 1

Utilities

  • Utilities: Electric, Natural Gas, Internet, Phone - Cell Reception
  • Cooling: Central A/C
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Forced Air
  • Sewer Supplier: Pagosa Area Water and Sanitation
  • Water Supplier: Pagosa Area Water and Sanitation

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Insurance, Landscaping, Water, Snow Removal, Parking, Common Area Taxes
  • Hoametro Fees: $500
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Pagosa Riverwalk Condos

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: Partially Furnished

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 $1,359 $22,480 $0 $22,480
2023 $1,359 $22,480 $0 $22,480
2022 $1,219 $19,080 $0 $19,080
2021 $1,276 $19,630 $0 $19,630
2020 $1,095 $16,760 $0 $16,760
2019 $1,082 $16,760 $0 $16,760
2018 $919 $13,100 $0 $13,100
2017 $0 $13,100 $0 $13,100
2016 $900 $14,640 $0 $14,640
2015 -- $14,640 $0 $14,640
2014 -- $3,630 $0 $3,630
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2025 08/09/25 For Sale $412,000 +16.1% $319 / Sq Ft
09/13/2022 09/13/22 Sold $355,000 -6.3% $275 / Sq Ft View Prior Sale
08/16/2022 08/16/22 Pending -- -- --
07/29/2022 07/29/22 Price Changed $379,000 -1.6% $294 / Sq Ft
06/29/2022 06/29/22 Price Changed $385,000 -2.5% $298 / Sq Ft
06/06/2022 06/06/22 For Sale $395,000 +11.3% $306 / Sq Ft
05/27/2022 05/27/22 Off Market $355,000 -- --
05/23/2022 05/23/22 For Sale $395,000 -- $306 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Sca Title
Warranty Deed $355,000 High Country Title
Special Warranty Deed $275,000 High County Title
Warranty Deed $175,000 High Country Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $247,500 New Conventional
Source: Public Records

Source: Colorado Real Estate Network (CREN)

MLS Number: 827499

Colorado Real Estate Network (CREN)

APN: 569924234003