241 Falcon Place, Pagosa Springs, CO 81147
241 Falcon Place, Pagosa Springs, CO 81147
241 Falcon Place, Pagosa Springs, CO 81147
241 Falcon Place, Pagosa Springs, CO 81147
241 Falcon Place, Pagosa Springs, CO 81147
241 Falcon Place, Pagosa Springs, CO 81147
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Kelsey Loftis

Kelsey Loftis

+1(970) 784-6768
$ 589,900
Est. payment | /mo

4 Beds

3 Baths

2,033 SqFt

Save Virtual Tour
$ 589,900
Est. payment | /mo
Save Virtual Tour

4 Beds

3 Baths

2,033 SqFt

Key Details

Property Type Single Family Home

Sub Type Stick Built

Listing Status Active

Purchase Type For Sale

Square Footage 2,033 sqft

Price per Sqft $290

Subdivision Pagosa Highlands Estates - 03 Cnty Code 00399

MLS Listing ID 831542

Style Ranch

Bedrooms 4

Full Baths 3

Year Built 2000

Annual Tax Amount $2,041

Tax Year 2024

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Stick Built

Property Description

Investors take note—this income-producing mountain home offers exceptional short-term rental potential, unbeatable views, and strong long-term appreciation in one of the most desirable areas of Pagosa Springs. This spacious four-bedroom, three-bathroom property features unobstructed views of Pagosa Peak—a premium amenity that drives vacation rental demand year-round. Designed with flexibility and revenue in mind, the home includes a separate lower-level entrance, making it ideal for multigenerational living, dual-unit rental potential, or maximizing nightly rental income. The ability to add a second washer and dryer creates convenient, independent living spaces for guests. Ample parking, including a half-circle driveway and oversized garage with floor drains, easily accommodates multiple vehicles, trailers, or outdoor gear—an important feature for high-occupancy rentals. Recent upgrades enhance both value and guest appeal, including granite kitchen countertops, a new hybrid electric heat pump water heater, new gas central heating system, upgraded lighting throughout, additional insulation in the new garage door, and fresh neutral interior paint. The backyard has been professionally fenced, making this an ideal pet-friendly vacation rental—a highly sought-after feature that increases booking rates and nightly premiums. Electricity has already been installed on the lower patio, making it turnkey ready for a hot tub—one of the best ways to boost rental revenue and guest satisfaction. Located near Hatcher Lake and the Pagosa Lakes Recreation Center, owners and guests enjoy exclusive access to private fishing lakes, indoor pool, fitness center, pickleball, and racquetball. Outdoor recreation opportunities are endless, with hiking, mountain biking, snowmobiling, and cross-country skiing at Turkey Springs and world-class fishing—including Kokanee salmon runs—at Williams Creek Reservoir. Adding to the investment appeal, the current VA loan may be assumable at a low interest rate, offering significant financing advantages and improved cash flow potential. With its premium views, flexible layout, recent upgrades, and prime location in a high-demand vacation market, this property represents an outstanding opportunity as a short-term rental, second home, or long-term investment in Pagosa Springs real estate.

Location

State CO

County Archuleta

Area Ps03 (Pagosa Lakes)

Zoning Residential Single Family

Interior

Heating Central Electric

Flooring Carpet-Partial, Laminate

Inclusions Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer

Furnishings Unfurnished

Exterior

Exterior Feature Covered Porch, Deck

Parking Features Attached Garage

Garage Spaces 2.0

Utilities Available Electric, Internet, Propane-Tank Leased

View Mountains

Roof Type Metal

Building

Story Two Story

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Open Enrollment

Middle Schools Open Enrollment

High Schools Open Enrollment

Others

Virtual Tour https://pspixeltree.com/241-Falcon-Pl/idx

Colorado Real Estate Network (CREN) + Sold
Listed by Jann C Pitcher Real Estate

Nearby Locations

Kelsey Loftis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 784-6768

kelseyloftis@gmail.com

PO Box 7053 Gunnison, CO 81230

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241 Falcon Place