$399,000

181 N 5th Street

Pagosa Springs CO, 81147

Description

VIEWS!! VIEWS!! VIEWS!! LOCATION!! LOCATION!! LOCATION!! BEST "PROPERTUNITY" IN PAGOSA SPRINGS, COLORADO. HISTORICAL LOCATION "School House Hill" with incredible 360 degree views. PRICED TO SELL AT 399,000.. Creek runs through the lower north corner of the property. Small usable portion of this property is off of Florida St.. Zoned R22 - High-Density Residential located in the Federal Opportunity Zone! MULTI-FAMILY or stay with single family residential. Perched above the city of PAGOSA SPRINGS sits a huge opportunity to own a little piece of heaven. WOULD YOU LIKE TO BE ABLE TO WALK TO DOWNTOWN PAGOSA SPRINGS BARS, RESTAURANTS AND SHOPS? Views of the HEALING WATERS HOT SPRINGS, SAN JUAN RIVER, HISTORICAL DISTRICT OF PAGOSA SPRINGS and SAN JUAN MOUNTAIN RANGES. Most incredible location to watch 4th of July fireworks. ONLY 30 MIN. TO WOLF CREEK SKI AREA. INVEST FOR THE FUTURE!! Federal Opportunity Zone (OZ) program is a federal tax incentive for investors to invest in low-income urban and rural communities through the favorable treatment of reinvested capital gains and forgiveness of tax on new capital gains. CALL ME TODAY FOR MORE INFORMATION. REAL PROPERTY IS STILL THE BEST INVESTMENT YOU CAN MAKE. Durango LaPlata airport only 60 miles away. The Town of Pagosa Springs has been working on tiny home community possibilities and this property could be a great possibility for this kind of opportunity.

Details

MLS#770583
Listing TypeFor Sale
Sub-TypeResale
StatusPending - Show
Days On Site63

Features

ZoningResidential Multi Family
Acreage2.24
Water FrontYes
Property ViewYes

Market Activity 81147

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Area Information
StateCO
CountyArchuleta
CityPagosa Springs
Zip Code81147
AreaPS01 (Old Pagosa Springs)
Listing VS Median (in 81147)
Price:
$399,000
low | high
Med:
$232,500
91.729323308271% of Average
On Site:
63
low | high
Med:
233.5
26.980728051392% of Average
Listing Updated: 08/11/2020
Debbie Loewen LogoMLS Number: 770583
Listing Provided By:
Debbie Loewen  of  Team Pagosa Realty Group

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