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    • Price cut: $15K (6/3)
    $850,000

    403 Falcon Place, Pagosa Springs, CO 81147

    3beds
    2,597sqft
    : 
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    Stick Built
    Built in 2021
    9,147 Square Feet Lot
    $828,300 Zestimate®
    $327/sqft
    $-- HOA

    What's special

    High-performance thermal envelopeContemporary designBeautiful knotty alder cabinetsLow-maintenance trex deckOversized three-car attached garageProfessional-grade gear storageSoaring vaulted ceilings
    Modern Luxury Meets Mountain Excellence at 403 Falcon Place! Experience the pinnacle of Pagosa living in this masterfully engineered 2021-built sanctuary, where contemporary design meets the rugged spirit of the San Juan Mountains. Positioned perfectly within the prestigious Pagosa Highlands Estates and bordering a pristine greenbelt, this 2,597 sq. ft. estate offers the rare luxury of privacy with panoramic mountain views. This home was engineered for the Colorado climate, featuring full spray foam insulation for unmatched energy efficiency and a whisper-quiet interior. For year-round comfort, the residence comes pre-plumbed for air conditioning and ready for future installation. The interior is a masterclass in mountain modern aesthetics, boasting soaring vaulted ceilings and a gourmet kitchen anchored by beautiful knotty alder cabinets and granite counter tops!. A versatile and spacious loft area provides the perfect flexible footprint, easily adaptable as a high-end home office, a dedicated media room, or a private workout studio. While the living spaces are refined, the property is a dream for the serious adventurer and craftsman. The oversized three-car attached garage serves as a professional-grade shop, fully equipped with a built-in workbench and is set up with air lines for compressor use, and has a dedicated 220V outlet for welding. Outdoor enthusiasts will appreciate the ultimate RV setup, featuring a 30-amp exterior hookup and a private dedicated dump station connected directly to the sewer line. Step outside onto the low-maintenance Trex deck to enjoy the peaceful sounds of the adjacent greenbelt or head out to explore nearby Hatcher Lake and thousands of acres of National Forest. Residents also enjoy exclusive access to the Pagosa Lakes Property Owners Association amenities, including private stocked lakes and a world-class recreation center. From the high-performance thermal envelope and custom cabinetry to the professional-grade gear storage, 403 Falcon Place is the ultimate luxury basecamp for your Colorado lifestyle.
    86 days
    |
    158
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Christie Hunt 970-585-4531,

    EXIT Realty Home & Ranch

    Source: CREN,MLS#: 834040MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Level: Lower
      Dining room
      • Features: Kitchen Island, Kitchen Bar, Kitchen/Dining
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Dishwasher, Microwave, Range
      • Laundry: W/D Hookup
      Features
      • Ceiling Fan(s), Granite Counters, Pantry, Walk-In Closet(s)
      • Flooring: Carpet-Partial, Other
      • Windows: Window Coverings, Double Pane Windows
      • Basement: Crawl Space
      • Has fireplace: Yes
      • Fireplace features: Den/Family Room
      Interior area
      • Total structure area: 2,597
      • Total interior livable area: 2,597 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Attached Garage, Garage Door Opener
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 9,147 Square Feet
      • Features: Adj to Greenbelt
      Details
      • Parcel number: 558325303035
      • Zoning description: Residential Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin
      • Property subtype: Stick Built
      Materials
      • Wood Frame, Log Siding
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 2021

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City Water
      • Utilities for property: Electricity Connected, Propane-Tank Leased

      Community & HOA

      Community
      • Subdivision: Pagosa Highlands Estates - 03 Cnty Code 00399
      HOA
      • Has HOA: Yes
      • HOA name: PLPOA
      Location
      • Region: Pagosa Springs

      Financial & listing details

      • Price per square foot: $327/sqft
      • Tax assessed value: $681,110
      • Annual tax amount: $3,290
      • Date on market: 4/28/2026
      • Electric utility on property: Yes
      • Road surface type: Dirt

        Estimated market value

        $828,300

        $787,000 - $870,000

        $3,315/mo

        Price history

        DateEventPrice
        6/3/2026Price change$850,000-1.7%$327/sqft
        Source: CREN #834040 Report a problem
        5/17/2026Price change$865,000-3.7%$333/sqft
        Source: CREN #834040 Report a problem
        4/28/2026Listed for sale$898,600-5.4%$346/sqft
        Source: CREN #834040 Report a problem
        1/1/2026Listing removed$950,000$366/sqft
        Source: CREN #824071 Report a problem
        6/20/2025Price change$950,000-9.5%$366/sqft
        Source: CREN #824071 Report a problem
        5/21/2025Price change$1,050,000-12.5%$404/sqft
        Source: CREN #824071 Report a problem
        5/15/2025Listed for sale$1,200,000$462/sqft
        Source: CREN #824071 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$1,311 +160.9%$45,630 +103.3%
        2023$502 -5.1%$22,450 +190.4%
        2022$530 $7,730
        2021-- $7,730 +54.6%
        2020$348 +15.6%$5,000
        2019$301 -98.6%$5,000 +25.3%
        2017$21,360 $3,990 +25.1%
        2016-- $3,190
        2015-- $3,190 -29.1%
        2014-- $4,500 -13.8%
        2013-- $5,220
        2012-- $5,220 -60%
        2011-- $13,050
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 81147

        Getting around

        0 / 100
        Car-Dependent
        15 / 100
        Somewhat Bikeable

        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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