NOT LISTED FOR SALE

539 Rainbow Rd and 510 Rainbow Rd Pagosa Springs, CO 81147

2 Beds
2 Baths
1,930 Sq Ft
4.77 Acres

Last Sold November 10, 2023

Last sale price $830,000 $430 Per Sq Ft

131 Days on Market

Highlights

  • Horses Allowed On Property
  • Spa
  • RV or Boat Parking
  • Pagosa Springs Middle School Rated 9+
  • River Front
  • Creek or Stream View

About This Home

As of November 2023

Riverfront Haven and Successful Vacation Rental with Big Mountain Views and National Forest Backing. 4.77 Acres on the Lower Blanco River with 2000+- sf Modern Mountain Home and just minutes to Historic Downtown Pagosa Springs. A Sleek Modern Style with 2 Bedrooms and 2 Baths, plus Private Office/Flex space and a more than Impressive Loft Master Suite complete with Spa Bath including Jetted Tub and Walk in Shower. Cozy up next to the Great Room Wood Burning Fire Beneath the gorgeous Soaring T&G Vaulted Ceiling and Gaze through the Wall of Windows at the Majestic Wildlife. The Gourmet Chefs Kitchen has Stainless Appliances with a 6 Burner Gas Cook Top, Double Wall Ovens and Loads of Counter Space Inspiring even the most reserved cooks to find reasons to whip up fabulous culinary creations. Enjoy Meals and Conversation at the Eat in Island or around the family Dining table. Relax on the covered deck, gather fire side or soak in the hot tub while listening to the peaceful sounds of the river as it flows by just feet away. Keep a lush green lawn and beautiful garden with the convenience of irrigating everything right from the River. Spacious garage with extra tall Doors and shed are perfect for parking and storing everything that you came to the mountains of Pagosa for as well as just keeping protected from the elements when bringing the groceries in. As an added extra bonus, this home's already wired for surround sound. About The Land- From the top of the over 4 acre parcel which backs to forest you'll find a spectacular birds eye view of the Lower Blanco Basin and far beyond. This land also offers a very special investment opportunity with the ability to further develop. Also-comes complete with a Generac. Pagosa is best known for our unique quality of life. These are two separate properties being sold together with simultaneous closings. We have the deepest hot springs in the world, Wolf Creek Ski Area, Millions of National Forest Acres with Trails and Fish Stocked lakes and Live Waters. New Medical Center, and Convenient private Air Travel right at Stevens Field and Commercial Flights at LaPlata Airport. This Luxury Packed Property is available with all furnishings turn Key for $974k and is a very successful guest rental. The Sleek Furnishings are from RH, Crate and Barrel, Pottery Barn and William Sonoma along with a few custom hand made items too. Request to see this one in person, you'll be very glad that you did.

Last Agent to Sell the Property

Kimberly Brown

Galles Properties Listed on: 05/18/2023

Galles Properties

Last Buyer's Agent

Kimberly Brown

Galles Properties Listed on: 05/18/2023

Galles Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,230

Year Built

  • Built in 2006 | Remodeled in 2022

Lot Details

  • 4.77 Acre Lot
  • River Front
  • Open Space
  • Cul-De-Sac
  • Landscaped
  • Irrigation
  • Cleared Lot
  • Wooded Lot
  • Property is zoned Agriculture

Property Views

  • Creek or Stream
  • Mountain
  • Valley

Home Design

  • Farmhouse Style Home
  • Cabin
  • Metal Roof
  • Cedar Siding
  • Stick Built Home

Interior Spaces

  • 1,930 Sq Ft Home
  • 1.5-Story Property
  • Tongue and Groove Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • 1 Home Office
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • Spa
  • Deck
  • Covered Patio or Porch
  • Shed

Schools

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

Farming

  • 5 Irrigated Acres
  • Pasture
  • Cattle
  • Sheep or Goats

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • Septic Tank
  • Septic System
  • Internet Available

Additional Features

  • Ventilation
  • Horses Allowed On Property

Community Details

  • Rio Blanco Valley Sub 1 08 Cnty Code 00630 Subdivision
  • Near a National Forest

Listing and Financial Details

  • Assessor Parcel Number 588732207013

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,230

Year Built

Built in 2006 | Remodeled in 2022

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Washer, Oven-Wall, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range/Oven
  • Estimated Irrigation Acres: 4.77
  • Estimated Total Acres: 4.77
  • Class: RESIDENTIAL
  • Em Deposit: 10,000
  • Em Holder: CTCS
  • Exterior Inclusions: Deck, Shed/Storage, Covered Porch, Hot Tub, Irrigation Water, Landscaping, Patio
  • Fronts: Rainbow Rd
  • Indoor Air Quality: Ventilation
  • Interior Inclusions: Window Coverings, Ceiling Fan(s), W/D Hookup, Vaulted Ceiling, Granite Counters, Jetted Tub, T&G Ceilings, Walk In Closet, Garage Door Opener
  • Legal Lot Block: Subdivision: RIO BL VAL 1 Lot: 10A RBV 1 Sec: 32 Twn: 34 Rng: 1W AMENDMENT 2012; A REPLAT OF TRACTS 7 - 10 AND 11-A OF A REPLAT OF A PORTION OF RIO BLANCO VALLEY SUBDIVISION UNIT ONE 0.67 Acres - Parcel No. 588732207013 and Subdivision: RIO BL VAL 1 Lot: 10Z RBV 1 Sec: 32 Twn: 34 Rng: 1W AMENDMENT 2012; A REPLAT OF TRACTS 7 - 10 AND 11-A IF A REPLAT OR A PORTIONOF RIO BLANCO VALLEY SUBDIVISION UNIT ONE 4.1 - Acres - Parcel No. 588732207012
  • Livestock Allowed: Cattle, Horses, Poultry, Sheep
  • Lot Size Acreage: 2-4.99
  • Parcel Id Number: 588732207013
  • Price Per Sq Ft: 430.05
  • Property Attached: Yes
  • Property Description: Pasture, Wooded Lot, Cleared, Cul-de-sac, Adj to Open Space, Borders National Forest, Boundaries Marked
  • Real Estate Included: Yes
  • Realist Id: 588732207013
  • Residence Stories: 1.5 Story, Loft
  • Residence Style: Farm House, Cabin, 3307
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Cedar
  • Sold Price Sq Ft: 430.05
  • Street Descriptionaccess: County, Gravel, Dirt, Cul-de-Sac, 150'+ Frontage, Public Winter Maintenance
  • Tax Account Id: R018683 and R018682
  • Waterfront Type: River
  • Zoning: Agriculture
  • Type: Stick Built
  • Internet Provider: Starlink
  • Internet Service: Yes
  • Total Taxes Dollar: 2230.16
  • Year Built: 2006
  • Year Renovated: 2022
  • Foreign Owned Y N: No
  • Prop Description Remarks: Riverfront Haven and Successful Vacation Rental with Big Mountain Views and National Forest Backing. 4.77 Acres on the Lower Blanco River with 2000+- sf Modern Mountain Home and just minutes to Historic Downtown Pagosa Springs. A Sleek Modern Style with 2 Bedrooms and 2 Baths, plus Private Office/Flex space and a more than Impressive Loft Master Suite complete with Spa Bath including Jetted Tub and Walk in Shower. Cozy up next to the Great Room Wood Burning Fire Beneath the gorgeous Soaring T&G Vaulted Ceiling and Gaze through the Wall of Windows at the Majestic Wildlife. The Gourmet Chefs Kitchen has Stainless Appliances with a 6 Burner Gas Cook Top, Double Wall Ovens and Loads of Counter Space Inspiring even the most reserved cooks to find reasons to whip up fabulous culinary creations. Enjoy Meals and Conversation at the Eat in Island or around the family Dining table. Relax on the covered deck, gather fire side or soak in the hot tub while listening to the peaceful sounds of the river as it flows by just feet away. Keep a lush green lawn and beautiful garden with the convenience of irrigating everything right from the River. Spacious garage with extra tall Doors and shed are perfect for parking and storing everything that you came to the mountains of Pagosa for as well as just keeping protected from the elements when bringing the groceries in. As an added extra bonus, this home's already wired for surround sound. About The Land- From the top of the over 4 acre parcel which backs to forest you'll find a spectacular birds eye view of the Lower Blanco Basin and far beyond. This land also offers a very special investment opportunity with the ability to further develop. Also-comes complete with a Generac. Pagosa is best known for our unique quality of life. These are two separate properties being sold together with simultaneous closings. We have the deepest hot springs in the world, Wolf Creek Ski Area, Millions of National Forest Acres with Trails and Fish Stocked lakes and Live Waters. New Medical Center, and Convenient private Air Travel right at Stevens Field and Commercial Flights at LaPlata Airport. This Luxury Packed Property is available with all furnishings turn Key for $974k and is a very successful guest rental. The Sleek Furnishings are from RH, Crate and Barrel, Pottery Barn and William Sonoma along with a few custom hand made items too. Request to see this one in person, you'll be very glad that you did.
  • Subdv Name: Rio Blanco Valley Sub 1 - 08 Cnty Code 00630
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 182260

Interior Features

  • Dining Room: Kitchen Bar, Living Room Dining
  • Dining Room: Yes
  • Bedrooms: 2
  • Flooring: Tile, Carpet-Partial, Hardwood
  • Estimated Total Sq Ft: 1930
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Family Room: Yes
  • Fireplace Location Type: Living Room, Bedroom
  • Foundation: Crawl Space
  • Great Room: Yes
  • Master Bedroom Level: Upper Level
  • Total Office Den: 1

Exterior Features

  • Construction Type: Wood Frame
  • Exterior Structures: Shed
  • Roof: Metal
  • Views: Mountains, Stream/River, Valley
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Garage Capacity: 2

Utilities

  • Utilities: Electric, Propane-Tank Leased, Internet
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Forced Air
  • Irrigation Water Description Amount: Unknown
  • Irrigation Water District: Lower Blanco
  • Sewer Supplier: Septic
  • Water Heater: Propane Water Heater, Tankless
  • Water Rights Irrigation: Yes
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 270143

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: 2022

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold $830,000 -4.0% $430 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/12/2023 09/12/23 Price Changed $864,900 -1.1% $448 / Sq Ft
08/03/2023 08/03/23 For Sale $874,900 +5.4% $453 / Sq Ft
07/22/2023 07/22/23 Off Market $830,000 -- --
07/05/2023 07/05/23 Price Changed $874,900 0.0% $453 / Sq Ft
07/05/2023 07/05/23 For Sale $874,900 +5.4% $453 / Sq Ft
06/02/2023 06/02/23 Off Market $830,000 -- --
05/18/2023 05/18/23 For Sale $895,000 -- $464 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 803594

Colorado Real Estate Network (CREN)