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  • $675,000

    395 Rainbow Drive, Pagosa Springs, CO 81147

    3beds
    2,740sqft
    Stick Built
    Built in 1979
    1 Acres Lot
    $672,900 Zestimate®
    $246/sqft
    $3,174 Estimated rent

    Home value

    $672,900

    Estimated sales range

    Not available

    $3,174/mo

    Zestimate® history
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    What's special

    Natural gas fireplace upstairsStylish kitchenStorage shedPrivate hot tubGarden areaAdditional carportThree baths
    Discover your dream home at the end of the rainbow! Nestled in the coveted Pagosa Hills neighborhood, perfectly positioned between uptown and downtown Pagosa Springs, this stunning family residence awaits you. Featuring three spacious bedrooms and three baths, this home boasts a functional mudroom, a stylish kitchen, and a separate dining area that flows into the inviting living space. The downstairs area offers endless possibilities for customization, with its own entrance via the garage or side yard — perfect for an in-law suite. Enjoy breathtaking views of the Continental Divide from the living room and primary bedroom. The utility room includes a built-in safe and security cameras to capture the local wildlife. The downstairs area is currently set up as a bar, guest sleeping area, and exercise space, but you can tailor it to your needs. Stay cozy with three heating options: a natural gas fireplace upstairs, a woodstove downstairs, and brand-new electric baseboard heaters throughout. The home sits on a full acre, complete with a storage shed, garden area, and ample space for an RV or outdoor equipment. A separate fenced backyard is perfect for your pets. Relax on a serene patio surrounded by Juniper, Oak, and tall Ponderosa Pines, home to hummingbirds and deer. Enjoy stargazing from the private hot tub. The heated garage doubles as a workshop, with an additional carport and a paved driveway featuring a heated concrete pad for snow melting. Recent upgrades include Anderson windows and a sliding glass door (2023) with a 10-year transferable warranty, a new roof (2025), and modern kitchen appliances. The home also features soft-closing cabinets and elegant French white oak floors. Schedule your appointment today and make this incredible home yours!

    Zillow last checked:

    Listing updated:

    Listed by:

    Becky Ziminsky 970-799-7345,

    Pinnacle Realty Group LLC

    Bought with:

    Michael Knapp

    Best of Pagosa Springs

    Source: CREN,MLS#: 832637MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    Primary bedroom
    • Level: Upper
    Dining room
    • Features: Separate Dining
    Heating
    • Electric Baseboard, Fireplace(s), Other, Wood Stove
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    • Laundry: W/D Hookup
    Features
    • Air Lock Entry, Mud Room
    • Flooring: Hardwood, Tile
    • Basement: Walk-Out Access
    • Has fireplace: Yes
    • Fireplace features: Living Room, Wood Stove
    Interior area
    • Total structure area: 2,740
    • Total interior livable area: 2,740 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Basement, Heated Garage
    • Garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Has spa: Yes
    • Spa features: Private
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 1 Acres
    Details
    • Additional structures: Shed(s), Shed/Storage
    • Parcel number: 569914206008
    • Zoning description: Residential Single Family
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Raised Ranch
    • Property subtype: Stick Built
    Materials
    • Wood Frame, Wood Siding
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Central Water
    • Utilities for property: Electricity Connected, Internet, Natural Gas Connected, Phone - Cell Reception

    Community & HOA

    Community
    • Subdivision: Pagosa Hills 3 - 02 Cnty Code 00390
    HOA
    • Has HOA: Yes
    • HOA name: Pagosa Hills
    Location
    • Region: Pagosa Springs

    Financial & listing details

    • Price per square foot: $246/sqft
    • Tax assessed value: $579,850
    • Annual tax amount: $2,593
    • Date on market: 3/18/2026
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    5/20/2026Sold$675,000-3.3%$246/sqft
    Source: CREN #832637 Report a problem
    3/30/2026Contingent$698,000$255/sqft
    Source: CREN #832637 Report a problem
    3/18/2026Listed for sale$698,000+1.3%$255/sqft
    Source: CREN #832637 Report a problem
    11/5/2025Listing removed$689,000$251/sqft
    Source: CREN #825681 Report a problem
    10/26/2025Price change$689,000-1.4%$251/sqft
    Source: CREN #825681 Report a problem
    8/30/2025Price change$699,000-3.5%$255/sqft
    Source: CREN #825681 Report a problem
    7/10/2025Price change$724,500-3.3%$264/sqft
    Source: CREN #825681 Report a problem
    6/28/2025Price change$749,000-3.6%$273/sqft
    Source: CREN #825681 Report a problem
    6/20/2025Listed for sale$777,007+0%$284/sqft
    Source: CREN #825681 Report a problem
    9/27/2023Listing removed--
    Source: CREN #805324 Report a problem
    6/30/2023Listed for sale$777,000+170.3%$284/sqft
    Source: CREN #805324 Report a problem
    6/4/2018Sold$287,500+0.9%$105/sqft
    Source: Public Record Report a problem
    5/18/2015Sold$285,000+53.6%$104/sqft
    Source: Public Record Report a problem
    4/7/2014Sold$185,500+6.4%$68/sqft
    Source: Public Record Report a problem
    1/21/2014Sold$174,390$64/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,827 +52.2%$38,850
    2023$1,201 -4.6%$38,850 +48.1%
    2022$1,258 $26,230 -2.8%
    2021-- $26,990 +13.5%
    2020$1,061 -29.1%$23,780
    2019$1,497 -98.1%$23,780 +8.9%
    2017$77,560 $21,830 +68.6%
    2016-- $12,950 -9.9%
    2015-- $14,380 +35.9%
    2014-- $10,580 -17%
    2013-- $12,740
    2012-- $12,740 -38.6%
    2011-- $20,740
    Find assessor info on the county website

    Neighborhood: 81147

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Pagosa Springs K-4
    • Middle: Pagosa Springs 5-8
    • High: Pagosa Springs 9-12

    Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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