241 Falcon Place, Pagosa Springs, CO 81147
Local realty services provided by:CENTURY 21 West Slope Realty
Listed by: tony kaufman, christine kaufman
Office: jann c pitcher real estate970-731-4065
MLS#:831542
Source:CO_CREN
Price summary
- Price:$589,900
- Price per sq. ft.:$290.16
About this home
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....
Contact an agent
Home facts
- Year built:2000
- Listing ID #:831542
- Added:279 day(s) ago
- Updated:July 10, 2026 at 02:32 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet-Partial, Laminate
- Dining Description:Kitchen Bar, Living Room Dining
- Kitchen Description:Dishwasher, Microwave, Range/Oven, Refrigerator
- Bedroom Description:On Main Level
- Living area:2,033 sq. ft.
Heating and cooling
- Heating:Central Electric
Structure and exterior
- Roof:Metal
- Year built:2000
- Building area:2,033 sq. ft.
- Lot area:0.24 Acres
- Lot Features:Adjacent to Greenbelt
- Architectural Style:Ranch
- Construction Materials:Wood
- Exterior Features:Covered Porch, Deck
- Levels:2 Story
Schools
- High school:Open Enrollment
- Middle school:Open Enrollment
- Elementary school:Open Enrollment
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$589,900
- Price per sq. ft.:$290.16
- Tax amount:$2,042
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:Double Pane Windows, Electricity, Gas Water Heater, Propane-Tank Leased, Unfurnished
Parking
- Parking description:Attached Garage
- Garage spaces:2
New listings near 241 Falcon Place
- New
$1,150,000Active3 beds 3 baths3,752 sq. ft.134B Greenview Drive, Pagosa Springs, CO 81147
MLS# 837010Listed by: JANN C PITCHER REAL ESTATE - New
$399,000Active3 beds 2 baths1,184 sq. ft.227 E Stollsteimer Road, Pagosa Springs, CO 81147
MLS# 836971Listed by: WELLS GROUP REAL ESTATE - New
$219,000Active2 beds 2 baths938 sq. ft.327 Canyon Circle, Pagosa Springs, CO 81147
MLS# 836984Listed by: ROCKY MOUNTAIN REALTY AND RENTALS - New
$1,950,000Active4 beds 4 baths3,988 sq. ft.310 & 372 E Mccabe Street, Pagosa Springs, CO 81147
MLS# 836964Listed by: JANN C PITCHER REAL ESTATE - New
$799,900Active3 beds 3 baths2,805 sq. ft.6405 County Rd 700, Pagosa Springs, CO 81147
MLS# 836940Listed by: JANN C PITCHER REAL ESTATE - New
$515,000Active3 beds 2 baths2,083 sq. ft.11100 Highway 84 Highway, Pagosa Springs, CO 81147
MLS# 836945Listed by: GALLES PROPERTIES - New
$175,000Active5 Acres838 Quien Sabe Street, Pagosa Springs, CO 81147
MLS# 836933Listed by: SHERPA REAL ESTATE - New
$27,900Active1.03 Acres326 Justin's Road, Pagosa Springs, CO 81147
MLS# 836923Listed by: SHERPA REAL ESTATE - New
$440,000Active4 beds 2 baths2,016 sq. ft.72 Terrace Drive, Pagosa Springs, CO 81147
MLS# 836891Listed by: SHERPA REAL ESTATE - New
$629,000Active4 beds 3 baths1,949 sq. ft.88 Juniper Court, Pagosa Springs, CO 81147
MLS# 836877Listed by: SHERPA REAL ESTATE