559 S 2nd Street, Pagosa Springs, CO

$499,000

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0.53

Acres

About 559 S 2nd Street

Zoned for up to 16 units per acre! Additional property available on adjacent lots. Own one of the most compelling development opportunities in the heart of Pagosa Springs. This 0.52-acre mixed-use residential parcel offers flexibility, mountain views, and walkability—an increasingly rare combination in this highly desirable mountain community. Development-ready parcel ideally suited for condominiums, townhomes, or single-family residences. Located in a rapidly growing and vibrant downtown area, this property offers exceptional convenience and lifestyle appeal. Just steps from the Riverwalk, Yamaguchi Park, the dog park, pickleball courts, Reservoir Hill, and other popular amenities, the site provides easy access to all utilities and currently has no HOA restrictions. Positioned to showcase sweeping views of Pagosa Peak and Saddle Mountain, the property provides a stunning alpine backdrop for a custom home, duplex, townhomes, or multifamily investment. With public utilities available and no HOA or covenants, you have the freedom to design and build without unnecessary restrictions. Location is everything—and this one delivers. Step outside to enjoy the scenic San Juan Riverwalk, spend afternoons fishing along the San Juan River, or take in small-town charm with front-row views of the town’s 4th of July fireworks. You’re minutes from the world-famous The Springs Resort, hiking and biking on Reservoir Hill Park, community events at Yamaguchi Park and Town Park, and live performances at the historic Liberty Theatre. For winter enthusiasts, legendary powder awaits at Wolf Creek Ski Area—just a scenic drive away. Whether you envision a primary residence, vacation getaway, or income-producing development, this centrally located lot offers unmatched potential, dramatic views, and year-round recreation at your doorstep. Opportunities like this in downtown Pagosa Springs are few and far between. Additional adjacent lots possibly available, call for details. See my contact info immediately below this description to schedule a showing!

Listing Office : EXIT Realty Home & Ranch

Features of 559 S 2nd Street

MLS® # 831907
Price $499,000
Acres 0.53
Type Land
Sub-Type Residential
Status Active

Community Information on 559 S 2nd Street

Address 559 S 2nd Street
Area PS01 (Old Pagosa Springs)
Subdivision PS Town Of Pagosa Springs - 01 Cnty Code 00440
City Pagosa Springs
County Archuleta
State CO
Zip Code 81147

Interior of 559 S 2nd Street

Fireplace No

School Information on 559 S 2nd Street

Elementary Pagosa Springs K-4
Middle Pagosa Springs 5-8
High Pagosa Springs 9-12

Additional Information on 559 S 2nd Street

Date Listed February 25th, 2026
Zoning Residential Multi Family
Data Source Cren MLS

Listing Details of 559 S 2nd Street

OfficeEXIT Realty Home & Ranch

Listing Map of 559 S 2nd Street

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