MLS® ID: 754528

1284 Wheeler Place

Pagosa Springs, Colorado, 81147

$667,500 Active
  • 7 Beds
  • 4.5 Baths
  • 5280 SQFT
Great Price at less than $127 per sq'! $45,000 LESS THAN APPRAISAL!! This property is known as "The Retreat". It is difficult to find a property that offers solitude and privacy, while being close to both uptown and downtown Pagosa. This 10 acre property has mature trees and fantastic views. This property can be used for a large family, a corporate retreat or as an income producing property (modeled at a 15% to 25% ROI), this has it all. Would be great as a wedding chapel property. There are mountain views and South Valley views from the rap around porch that is made for entertaining. There are three decks that for relaxation and partying. Tons of wildlife, deer, elk, fox, turkey, birds and more birds. Open for your viewing pleasure. This property is 1 of 4 properties in the Alpha land division that has city water and sewer. There is a playground area, in addition to a separated fire pit. The property has a large 3 car garage with a 480 sq' apartment (with an outside entrance) that can be used by a caretaker or man cave or as a great rental. The house has two large living areas that are great for entertaining. The main floor has cherry floors with 10 zones for the inflow heating, security system, large laundry room with a powder room right off the kitchen for ease of use. Also on the main level is a bedroom that can be used as an office, with handicap bath. The Master bedroom is also on the main level with a private entrance to the wrap-around deck, with a large soaking bath, dual sinks, Large shower with walk-in shower and two walk-in closets. Up the stairs you'll be wowed by the 20' X 45 family room. This gathering area has vaulted ceilings, 5 lighted ceiling fans, house covered wraparound deck for mountain viewing and wildlife watching, is plumbed for a wet bar and would be perfect for games, movie night or a conference room. This level has 4 more bedrooms and 2 full baths. Also extra room that can be used as an office or craft room. The land what dotted with beautiful trees, is level and conducive for horses, private enough to hear a leaf drop and minutes to all shopping, medical and recreational opportunities. There is even a 16' X 16' out building for garden supplies and outdoor toys. A really cool property and priced well below market or replacement value. This property is set for Airbnb or VRBO or Booking. Established and could be increased substantially with additional marketing. Owner is Listing Agent. Buying through listing agent may provide additional incentives. Owners are wanting to down size and build a smaller home across the street. Would assist the new owners in vacation home management. This property is priced for quick sale. Property is listed "AS IS".
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Overlay Logo Listing courtesy of NextHome Rocky Mountain Realty & Rentals


  • Purchase Type
  • High school
    Pagosa Springs 9-12
  • Tax amount
    $ 4478.0
  • Agent name
    Kelly Dunn
  • Tax year
  • Sewer
    Public Sewer
  • Lot size
  • Year built
  • Junior high
    Pagosa Springs 5-8
  • Elementary school
    Pagosa Springs K-4
  • Zoning type
    Residential Single Family
  • Property type
    Stick Built
  • Bedrooms
  • SQFT
  • Office name
    NextHome Rocky Mountain Realty & Rentals
  • Zip
  • Half baths
  • Full baths


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