273 N 1st Street Pagosa Springs, CO 81147

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 th...e 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. Continue reading