Imagine buying in Telluride before it was swarming with trust fund bros and overpriced wine bars. That’s what 273 N 1st St. is: a 4.2-acre hilltop plot in Pagosa Springs—before the masses figure it out. This parcel has city water, sewer, and utilities. Translation? You’re not off-grid unless you want to be. Build a legacy home. Or develop it (plans available to look at). Or just sit on it and laugh maniacally as property values climb. Your call. From the top? Panoramic views of downtown, the San Juan River, and the mountains. Actual views, not “peekaboo between two buildings if you squint.” Walk to coffee. Bike to tacos. Tube the river. Rip powder at Wolf Creek. Fish, hike, raft, golf, whatever. If you’re bored here, that’s a you problem. There aren’t many parcels like this left downtown. And once it’s gone, it’s gone. So if you’re looking for a sign to stop living someone else’s life and start building your own — this is it. Screw the cul-de-sac. You were meant for more.
Active
$1,150,000
273 N First Street, Pagosa Springs, CO 81147
--beds
--baths
4.2Acres
Unimproved Land
Built in ----
4.2 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 105 days
- on Zillow |
- 127 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: May 21, 2025 at 12:38am
Listed by:
Christopher Mott 970-880-2830,
Sherpa Real Estate,
Matthew Martin 214-499-2787,
Sherpa Real Estate
Source: CREN,MLS#: 824223

Travel times
Facts & features
Interior
Video & virtual tour
Property
Features
- Has view: Yes
- View description: Mountain(s), Valley
- Has water view: Yes
- Water view: Stream/River
Lot
- Size: 4.2 Acres
- Features: Foothills, Wooded
- Topography: Level,Sloping,Steep
Details
- Parcel number: 569913108001
- Zoning description: Residential Multi Family,Residential Single Family
Utilities & green energy
- Sewer: Sewer Tap Available
- Water: Tap Available
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Pagosa Springs
Financial & listing details
- Tax assessed value: $261,690
- Annual tax amount: $4,263
- Date on market: 5/18/2025
- Electric utility on property: Yes
- Road surface type: Paved
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