250 N 3rd Street, Pagosa Springs, CO 81147

Presenting 250 N 3rd Street! Location! Location! Location! This home offers a unique layout in the heart of downtown Pagosa Springs! Situated on 0.759, it is perched above downtown with views of the San Juan River, the Hot Springs, and eastern San Juan Mountains. The home is uniquely designed with three separate lock-off units, creating exceptional flexibility for rental income, guest accommodations, or multi-generational living. The main unit features two bedrooms, two bathrooms, and an open kitchen, dining room, living room layout filled with natural light. The second unit includes a living room, kitchenette, separate bedroom, and bathroom. The third unit offers a bedroom and bathroom, and can easily be combined with the main unit to create a spacious three-bedroom, three-bathroom home. Energy efficient mini-split systems have been installed in all units for year-round comfort. The home’s unique elevation keeps sight lines clear and creates privacy, with neighbors positioned either higher or lower on the slope. Outside, there’s plenty of yard space to enjoy and relax, along with a storage shed for all of your gear. All of this is just moments from downtown shops, restaurants, and the river, making it a rare opportunity in an incredible location. As an added bonus, this property is zoned R-6, which means it has the development potential to accommodate 5 total residences with Town approval. Whether you’re seeking income potential, a flexible living arrangement, or a prime spot in downtown Pagosa Springs, this property is full of opportunity.