Two parcels in downtown Pagosa Springs with amazing views, high-end finishes, and fully landscaped! The total acreage offered is .4 acre (each parcel is .2 acre). The 3075 sq ft house sits on one of the parcels, and the other is professionally landscaped and fenced (to the tune of $30, 000) with sod grass, a sprinkler system, and a fire pit with a barbeque. The sales price includes both the parcels. A buyer could do a number of things with this property. You could leave them as separate parcels and build another structure, or you could combine the parcels and build an ADU (accessory dwelling unit). Another attractive feature of this property is that the Seller has been running a successful short term rental business out of the lower level. There is a large, 560 sqft, room in the bottom level complete with it's own full bathroom. The proximity to downtown and the hot springs makes this a desirable rental location. The Seller brought in $24, 468.25 in 2019 off of that one room alone; rented a total of 267 nights! An investor could expect a similar occupancy for the upstairs 3 + 2.5 and probably would average at least $150/night for another $40, 050 gross! (These are estimates only). The house also features an oversized two-car HEATED garage! Plenty of room for two cars and a work space, plus the added bonus of having a warm car to step into on those winter mornings. High-end finishes throughout including granite countertops, tiled showers, a double shower in the master bathroom, wood floors, smart lighting, smart thermostats, and a large loft area that makes the home feel very open and spacious - also a great area for a second living room. Enjoy the incredible mountain and valley views from the 336 sq ft covered deck off of the main living room, perfect for entertaining or relaxing at the end of the day! The main level of the house features the living room, kitchen with an island bar, a powder room for guests, and the master bedroom/bathroom, and a stub out for a gas fireplace. A large walk-in closet greets you in the master bathroom. The upstairs contains two additional bedrooms, a full bathroom, and a large loft area. This house is a must see and offers many options to a buyer having two separate lots, the proximity to downtown, and the great rental history. Schedule a showing today!
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