
581 Hills Cir Pagosa Springs, CO 81147
Estimated payment $4,425/month
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.
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
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 | $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 |
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 |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $615,000 | Colorado Ttl & Closing Svcs | |
Warranty Deed | -- | None Available | |
Deed | $6,400 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $492,000 | New Conventional |
About the Listing Agent

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
Source: Colorado Real Estate Network (CREN)
MLS Number: 827229

APN: 558335103014
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