X & 540 S 5th Street

Pagosa Springs, CO 81147

About this property

Premier San Juan River Development Opportunity: The largest undeveloped building site within the highly desirable Pagosa Riverwalk area, this exceptional property offers a rare combination of location, flexibility, and long-term value. Situated along the San Juan River just south of historic downtown Pagosa Springs, the parcel presents one of the last opportunities to secure a substantial riverfront development site within walking distance of the area's most sought-after amenities. Zoning and site configuration allow for a wide range of development possibilities, including a custom single-family residence, duplex, triplex, fourplex, townhome project, condominium development, or a multi-unit residential community of up to ten units. Few properties in Southwest Colorado offer this level of versatility combined with such a prime riverfront setting. The site is fully served by central water and sewer infrastructure, with electrical and natural gas utilities readily available within the development, significantly reducing development complexity and cost. Expansive views of the surrounding mountain ranges and the San Juan River Deer, waterfowl, and other wildlife are frequent visitors, enhancing the peaceful character of this quiet and secure riverfront environment. Residents enjoy direct access to the river trail system, providing a pleasant walk to downtown Pagosa Springs, The Springs Resort, local restaurants, shopping, galleries, and community events. Whether your objective is to create an income-producing investment property, develop highly desirable riverfront residences, or build a personal retreat with supplemental rental opportunities, this offering represents a truly unique acquisition opportunity. Riverfront development sites of this size and quality have become increasingly scarce throughout Colorado, particularly those located within established communities and within walking distance of a vibrant downtown district. The demand for in-town, riverfront, low-maintenance residences continues to exceed supply. Future owners will enjoy immediate access to fly fishing, rafting, paddleboarding, hiking, and mountain biking, all from their front door. Riverfront development opportunities within the Town of Pagosa Springs are exceptionally limited, making this a compelling long-term investment. Whether you're ready to build now or secure a premium riverfront asset for the future, this is one of Pagosa Springs' most unique residential development opportunities. Call today to schedule a private tour and explore the development possibilities of one of Pagosa Springs' most compelling riverfront opportunities.

About this property

Premier San Juan River Development Opportunity: The largest undeveloped building site within the highly desirable Pagosa Riverwalk area, this exceptional property offers a rare combination of location, flexibility, and long-term value. Situated along the San Juan River just south of historic downtown Pagosa Springs, the parcel presents one of the last opportunities to secure a substantial riverfront development site within walking distance of the area's most sought-after amenities. Zoning and site configuration allow for a wide range of development possibilities, including a custom single-family residence, duplex, triplex, fourplex, townhome project, condominium development, or a multi-unit residential community of up to ten units. Few properties in Southwest Colorado offer this level of versatility combined with such a prime riverfront setting. The site is fully served by central water and sewer infrastructure, with electrical and natural gas utilities readily available within the development, significantly reducing development complexity and cost. Expansive views of the surrounding mountain ranges and the San Juan River Deer, waterfowl, and other wildlife are frequent visitors, enhancing the peaceful character of this quiet and secure riverfront environment. Residents enjoy direct access to the river trail system, providing a pleasant walk to downtown Pagosa Springs, The Springs Resort, local restaurants, shopping, galleries, and community events. Whether your objective is to create an income-producing investment property, develop highly desirable riverfront residences, or build a personal retreat with supplemental rental opportunities, this offering represents a truly unique acquisition opportunity. Riverfront development sites of this size and quality have become increasingly scarce throughout Colorado, particularly those located within established communities and within walking distance of a vibrant downtown district. The demand for in-town, riverfront, low-maintenance residences continues to exceed supply. Future owners will enjoy immediate access to fly fishing, rafting, paddleboarding, hiking, and mountain biking, all from their front door. Riverfront development opportunities within the Town of Pagosa Springs are exceptionally limited, making this a compelling long-term investment. Whether you're ready to build now or secure a premium riverfront asset for the future, this is one of Pagosa Springs' most unique residential development opportunities. Call today to schedule a private tour and explore the development possibilities of one of Pagosa Springs' most compelling riverfront opportunities.

Features and Additional Information

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$449,000 Active
0 sqft

Presented By Coldwell Banker Distinctive Properties Sun Valley

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Get in touch today! Phone: 1-208-622-3400
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ENGEL & VOLKERS Pagosa Springs
1-970-264-7000
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Area Information

PS01 (Old Pagosa Springs) | Archuleta County | Co Park Riverwalk Condos (S 5th) 01 Cnty Code 00429

$ 449,000
This listing is play_arrow 3.9% lower than the average in the area
$ 467,193 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
26 days on site
This listing is play_arrow 93.0% below the average in the area
371 days on site in the area

Schools in the Area

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    Elementary School
    Pagosa Springs K-4
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    Middle School
    Pagosa Springs 5-8
  • turned_in
    High School
    Pagosa Springs 9-12
Listed By Mike Heraty
Brokerage: ENGEL & VOLKERS Pagosa Springs

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