$759,000
$40K PRICE DROP

581 Hills Cir Pagosa Springs, CO 81147

Estimated payment $4,425/month

Total Views 5,686
5 Beds
4 Baths
3,220 Sq Ft
$236 Price per Sq Ft

Highlights

  • Very Popular Property
  • Fitness Center
  • Clubhouse
  • Pagosa Springs Middle School Rated 9+
  • Spa
  • Wooded Lot

About This Home

WON BEST OF TOUR ON REALTOR CARAVAN!! Outdoor adventure meets income opportunity or multigenerational living!! Directly across the street from the San Juan National Forest at $248/Square ft! Step out your front door and onto miles of trails—ideal for hiking, biking trail running or cross-country skiing. Whether you're looking for a full-time residence, part-time getaway, or investment property, this home offers the space, flexibility, and location to do it all. Designed for multi-functional living, the home features two full kitchens, two washers and dryers, with a full lower-level apartment that can be accessed from within the home or with its own separate entrance—perfect for living in one portion while renting out the other or bring your family and friends and have space for everyone! The main floor primary suite plus 2 additional bedrooms on this level offers single-level living, while the lower level includes a second living area, kitchen, 2 bedrooms and 2 bathrooms and a flexible bonus suite that can be used as an office, gym, or game room. Lock-off capability ensures complete privacy for guests or tenants. Currently a short-term rental. A covered front porch welcomes you home and provides year-round outdoor enjoyment. The hot tub is ready for you to relax under the stars after a day in the mountains. Big windows bring in loads of natural light and showcase the private, wooded setting. Hardiplank siding makes for low-maintenance living, and the oversized pantry provides ample storage for those who love to cook or stock up for extended stays. Located in a quiet, very private area, just 1⁄2 mile from trout stocked Lake Hatcher, 3 minutes to the Turkey Springs trail system with its 30 miles of trails, 10 minutes to groceries, Pagosa Springs Golf Course, rec center, several restaurants, medical and Walmart. Downtown Pagosa Springs and the famous Pagosa Hot Springs are only 15 minutes away. For the winter enthusiast, Wolf Creek Ski Area is 35–40 minutes and full of untracked fresh powder. This property offers the rare combination of direct Nation Forest access, income potential, and year-round livability. Don't miss the chance to own a true mountain basecamp with built-in flexibility and adventure in every direction.

Listing Agent

Lauri Heraty

Engel & Völkers Listed on: 08/02/2025

Engel & Völkers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,221

Year Built

  • Built in 2017

Lot Details

  • 9,583 Sq Ft Lot
  • Adjacent to Greenbelt
  • Open Space
  • Wooded Lot

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Architectural Shingle Roof
  • Siding
  • Stick Built Home

Interior Spaces

  • 3,220 Sq Ft Home
  • Partially Furnished
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Radiant Floor
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Covered Patio or Porch

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

  • Boiler Heating System
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Tankless Water Heater
  • Propane Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 558335103014

Community Details

Overview

  • Association fees include fishing rights
  • Pagosa Lakes Property Owners Association
  • Pagosa Highlands Estates 03 Cnty Code 00399 Subdivision

Amenities

  • Clubhouse

Recreation

  • Racquetball
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,221

Year Built

Built in 2017

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Total Acres: 0.22
  • Class: RESIDENTIAL
  • Common Facilities: Club House, Pool, Racquet Ball, Park, Fitness Facility, Hot Tub, Playground
  • Em Deposit: 15,000
  • Em Holder: Colorado Title & Closing
  • Exterior Inclusions: Covered Porch
  • Interior Inclusions: Pantry, Hot Tub
  • Legal Lot Block: PHE - Lot 684 - SUBDIVISION: PAGOSA HIGHLANDS EST LOT: 684 PHE SEC: 35 TWN: 36 RNG: 2.5W
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 558335103014
  • Price Per Sq Ft: 235.71
  • Property Description: Adj to Greenbelt, Wooded Lot, Adj to Open Space
  • Real Estate Included: Yes
  • Realist Id: 558335103014
  • Residence Style: Modern
  • Sale/Rent: For Sale
  • Siding: Masonite
  • Street Descriptionaccess: County
  • Street Designation: Circle
  • Tax Account Id: R001496
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Additional Living Type: Private Entrance apt
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Visionary
  • Internet Service: Yes
  • Total Taxes Dollar: 3220.88
  • Year Built: 2017
  • Foreign Owned Y N: No
  • Prop Description Remarks: WON BEST OF TOUR ON REALTOR CARAVAN!! Outdoor adventure meets income opportunity or multigenerational living!! Directly across the street from the San Juan National Forest at $248/Square ft! Step out your front door and onto miles of trails—ideal for hiking, biking trail running or cross-country skiing. Whether you're looking for a full-time residence, part-time getaway, or investment property, this home offers the space, flexibility, and location to do it all. Designed for multi-functional living, the home features two full kitchens, two washers and dryers, with a full lower-level apartment that can be accessed from within the home or with its own separate entrance—perfect for living in one portion while renting out the other or bring your family and friends and have space for everyone! The main floor primary suite plus 2 additional bedrooms on this level offers single-level living, while the lower level includes a second living area, kitchen, 2 bedrooms and 2 bathrooms and a flexible bonus suite that can be used as an office, gym, or game room. Lock-off capability ensures complete privacy for guests or tenants. Currently a short-term rental. A covered front porch welcomes you home and provides year-round outdoor enjoyment. The hot tub is ready for you to relax under the stars after a day in the mountains. Big windows bring in loads of natural light and showcase the private, wooded setting. Hardiplank siding makes for low-maintenance living, and the oversized pantry provides ample storage for those who love to cook or stock up for extended stays. Located in a quiet, very private area, just ½ mile from trout stocked Lake Hatcher, 3 minutes to the Turkey Springs trail system with its 30 miles of trails, 10 minutes to groceries, Pagosa Springs Golf Course, rec center, several restaurants, medical and Walmart. Downtown Pagosa Springs and the famous Pagosa Hot Springs are only 15 minutes away. For the winter enthusiast, Wolf Creek Ski Area is 35–40 minutes and full of untracked fresh powder. This property offers the rare combination of direct Nation Forest access, income potential, and year-round livability. Don't miss the chance to own a true mountain basecamp with built-in flexibility and adventure in every direction.
  • Subdv Name: Pagosa Highlands Estates - 03 Cnty Code 00399
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Island, Kitchen/Dining
  • Bedrooms: 5
  • Flooring: Carpet-Partial, Tile, Laminate
  • Estimated Total Sq Ft: 3220
  • Full Bathrooms: 4
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 4
  • Foundation: Basement-walk out, Basement-finished, Insulated
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Roof: Architectural Shingles

Garage/Parking

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

Utilities

  • Utilities: Electric, Propane-Tank Owned, Internet, Phone - Cell Reception
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Boiler, Floor Radiant
  • Sewer Supplier: Pagosa Area Water and Sanitation
  • Water Heater: Propane Water Heater, Tankless
  • Water Supplier: Pagosa Area Water and Sanitation

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Fishing Rights
  • Hoametro Fees: $350
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Pagosa Lakes Property Owners Association

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 $3,221 $53,150 $3,440 $49,710
2023 $3,221 $52,280 $3,440 $48,840
2022 $1,955 $30,080 $1,000 $29,080
2021 $2,121 $30,950 $1,030 $29,920
2020 $2,100 $30,180 $800 $29,380
2019 $2,072 $30,180 $800 $29,380
2018 $517 $6,860 $570 $6,290
2017 $151 $2,280 $2,280 $0
2016 $194 $2,900 $2,900 $0
2015 -- $2,900 $2,900 $0
2014 -- $2,290 $2,290 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Price Changed $759,000 -5.0% $236 / Sq Ft
08/02/2025 08/02/25 For Sale $799,000 +29.9% $248 / Sq Ft
08/20/2021 08/20/21 Sold $615,000 -1.6% $191 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
04/18/2021 04/18/21 Price Changed $624,900 -5.2% $194 / Sq Ft
02/11/2021 02/11/21 Price Changed $659,000 -5.2% $205 / Sq Ft
12/26/2020 12/26/20 For Sale $695,000 -- $216 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $615,000 Colorado Ttl & Closing Svcs
Warranty Deed -- None Available
Deed $6,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $492,000 New Conventional
Source: Public Records

About the Listing Agent

Lauri Heraty

Engel & Völkers

(970) 463-7989

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Lauri Heraty brings her skills in technology and marketing to the front line ensuring Pagosa Source Real Estate is using the latest effective technology to deliver superior service to her buyers and sellers. She is the writer and creative balance to the team.

Lauri's Other Listings

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    • 199 Davis Cup Dr
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    $99,000 Pending

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    This .40-acre lot sits in one of the best spots on the Pagosa Springs Golf Course—quiet cul-de-sac, awesome views, and tons of space thanks to extra golf course rough surrounding the lot. It feels wide open with amazing views of Pagosa Peak and the North Range of the San Juans. Build your mountain dream home here and enjoy quick access to everything: you're just 5 minutes from City Market, local

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    $369,000 Pending

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    • 60 Davis Cup Dr
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    MOTIVATED SELLER!! 5% Special Financing is available on this condo via a Seller Concession!!!!! This saves nearly $400/mth over today's standard conventional rate. Call for more info. This is nearly a Perfect condo for full-time mountain dwellers, part-time get-away, remote worker or possible vacation rental! 2 bedrooms plus an office (that could be a nursery or twin bed sleeping space) and an

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  • 1362 Cool Pines Dr, Pagosa Springs, CO 81147

    $259,900

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    Timber Ridge is a premier mountain small acreage subdivision in Pagosa Springs. Central water AND sewer, PAVED roads, underground electric, miles and miles of hiking and equestrian trails, open space weaving throughout and some of the nicest mountain homes Pagosa has to offer. This 3-acre tract has just enough slope to allow a beautiful build taking in the East Range views and a creative styled

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  • 1025 Bob's Place, Pagosa Springs, CO 81147

    $69,000

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  • X County Road 335, Pagosa Springs, CO 81147

    $48,900

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    • X County Road 335
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  • 2959 County Road 359, Pagosa Springs, CO 81147

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    • Land
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    • 2959 County Road 359
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  • 1158 Cloud Cap Ave, Pagosa Springs, CO 81147

    $235,000 Sold Nov 21, 2024

    • 2 Beds
    • 1 Bath
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    • 1158 Cloud Cap Ave
    • Pagosa Springs, CO

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Source: Colorado Real Estate Network (CREN)

MLS Number: 827229

Colorado Real Estate Network (CREN)

APN: 558335103014