273 N 1st Street
273 N 1st Street Pagosa Springs, Colorado 81147 United States

$999,000
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Rare investment opportunity and prime location are the cornerstones of this exceptional 4.2 acre mountain marvel. Panoramic views of historic Old Town Pagosa Springs encircle the valleys below the property and stunning views of the towering San...

Jim Smith Realty

Listing Courtesy of Jim Smith Realty
4.2 Acres
Exterior
Residential
Property type
789528
Web Id
789528
MLS ID
PS Town Of Pagosa Springs - 01 Cnty Code 00440
Subdivision
134
days ago

About 273 N 1st Street

Rare investment opportunity and prime location are the cornerstones of this exceptional 4.2 acre mountain marvel. Panoramic views of historic Old Town Pagosa Springs encircle the valleys below the property and stunning views of the towering San Juan Mountain peaks and the San Juan River punctuate the backdrop to the east. Arriving at the custom gated entry you'll discover humble Rumbaugh Creek. The topography of the lot beyond includes a lower meadow and then the drive barber-poles the hillside eventually arriving at one of the most splendid build sites atop the crest of the hill. Wildflowers adorn the parcel in warmer months and the site is host to a huge variety of wildlife all year round. Public fishing is within a block of the lot, including the stocked San Juan River and public ponds. Just across the valley to the south, Reservoir Hill offers a wonderful concert venue, miles of improved hiking and mountain bike trails, a terrific (and free) disc golf course, two viewing decks and hidden green meadows in which to relax and enjoy. The town's river walk is within a block of the lot and traces the picturesque river through town, featuring protected wetlands, which are a bird watcher's paradise. Multiple hot springs adorn this path and three commercial hot springs spas are within a few blocks of the driveway. Of course, some of the greatest dining and shopping experiences are nearby in one of Colorado's most friendly communities plus 2.8 million acres of public land (National Forest and pristine Wilderness) are all only a short distance from town. This lot is within city limits and is zoned R-6, which affords the owner many optional uses, including further subdivision and up to six housing units per acre. You'll want to speak to the town planning department to learn of all the options and restrictions. Special financing terms may be available through the property owner. Ask your Realtor to inquire about details. Experience this unique offering before its gone.

Listing Courtesy of Jim Smith Realty, CREN MLS

features

lot description
Creek, Near Public Transportation, River, Valley / Canyon View, Waterfront

PROPERTY INFORMATION

Sewer
Sewer Tap Available
View
Mountains, Stream/River, Valley
Waterfront
Creek
Listing Courtesy of Jim Smith Realty

Jim Smith Realty

Listing Courtesy of Jim Smith Realty

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