1284 Wheeler Place

Pagosa Springs, CO 81147

About this property

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. Owners are wanting to down size and build a smaller home across the street. This

Date Added
March 4, 2019
Listing Status
Days On Site

Features and Additional Information

Lot Size
435,600 SqFt
Property Type
Two Story
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$667,500 Deleted
7 Beds
6 Baths
5,280 SQFT

Presented By Coldwell Banker Distinctive Properties, Telluride

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Area Information

PS02 (Central - Township 5699) | Archuleta County | Pagosa Alpha Section - 03 Cnty Code 00340

$ 667,500
This listing is play_arrow 22.8% higher than the average in the area
$ 543,378 in the area
5,280 SqFt
This listing is play_arrow 119.3% larger than the average in the area
2,408 SqFt in the area
$ 126 $/SqFt
This listing is play_arrow 44.7% less than the average in the area
$ 229 $/SqFt in the area
284 days on site
This listing is play_arrow 114.3% above the average in the area
133 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
    Pagosa Springs 5-8
  • turned_in
    High School
    Pagosa Springs 9-12

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