Land · Active

X S 5th

Pagosa Springs, CO 81147

$149,000

Unimproved Land

Property Type

0.1 acres

Lot Size

822213

MLS #

About This Property

DEVELOPMENT OPPORTUNITY PRICED $100k below appraised value! This land parcel is in Historic Old Town Pagosa Springs just steps away from the San Juan River in an area known as Pagosa Riverwalk Condominiums. Surrounding this building site are three story condominiums that reflect the Colorado Mountain lifestyle. Owners at the Riverwalk Condominiums enjoy a courtyard with picnic tables and a grill to enhance their outdoor experience.

Roads to the condos are paved and well maintained. Landscaping and snow removal are included as a service and paid with the condo association dues. The true value in this build site is location. The World-Famous Hot Springs are located just on the other side of the river and conveniently located within a short walk, bike, or vehicle ride from this location.

Enjoy paved trails that meander along the riverfront and enjoy wildlife protected areas. There is a disc golf course, great restaurants and shopping all within the Historic Downtown area. This land comes with a set of blueprints for condos that are in harmony with the current structures. Not many land parcels remain in Pagosa Springs that bring you this close to everything that historic downtown has to offer. The list price represents $100k below recent appraised value for the property; however, the seller is motivated and open to all reasonable offers.

580 days on market

Listed by Barbara Swindlehurst · Mountain & Meadow Real Estate of Southwest Colorado, LLC · Barbara@MountainMeadowRealEstate.com

Last updated: 9/24/2026 2:21 PM · Source: Colorado Real Estate Network (CREN), MLS#: 822213

Property Details

Key Details

Property Type Land
Sub Type Unimproved Land
Status Active
Subdivision Co Riverwalk TH 1 - 01 Cnty Code 00940
MLS # 822213
Days on Market 580

More Details

Lot Size (Sq Ft) 4,356
Acres 0.1
Annual Taxes $2,217
Tax Year 2025
State CO
County Archuleta
Zoning Residential Multi Family

Building & Lot

Water Source Tap Available

Location

Price History

DateEventPrice
9/24/2026 Price change
Source: Colorado Real Estate Network (CREN) #822213
$149,000 -25.1%
6/22/2026 Price change
Source: Colorado Real Estate Network (CREN) #822213
$199,000 -62.1%
4/28/2026 Sold
Source: Colorado Real Estate Network (CREN) #833044
$525,000 +133.3%
3/31/2026 Price change
Source: Colorado Real Estate Network (CREN) #822213
$225,000 -57.1%
3/30/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #833044
$525,000 +98.1%
3/21/2025 Listed for sale
Source: Colorado Real Estate Network (CREN) #822213
$265,000

SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

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Listing information last updated September 24, 2026 at 2:21 PM.

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