181 N 5th Street,
Pagosa Springs,
CO
81147
Ivy King, Jann C Pitcher Real Estate, C: 970-946-2285, ivyamberisberg@hotmail.com, www.crenmls.com: Pagosas Crown Jewel Once in a lifetime, 2.24-Acre Hilltop Estate with 360 Views DowntownWelcome to one of the most exceptional and private homes in downtown Pagosa Springs, Colorado. Perched atop the historic Old School House Hill, this fully remodeled 2-bedroom, 2-bathroom home with a loft and full unfinished basement offers unmatched privacy, panoramic views, and unbeatable access to everything town has to offerall on nearly 2.24 acres of multi-use zoned land in the absolute heart of downtown.Unmatched Location & ViewsThis home is the only residence on the entire hill, giving you complete seclusion with unobstructed 360-degree views of the North and East Ranges of the San Juan Mountains, the San Juan River, and spectacular sunrises and sunsets. Despite this serene setting, you're within walking distance of Pagosa's restaurants, shops, hot springs, and riverwalk.Thoughtful Design & Total RebuildOriginally built in 1938, the home was completely rebuilt from the exterior walls in. The result is a beautifully designed, modern open-concept space with high-end finishes and historical charm:Vaulted cathedral ceilings with exposed steel beamsAntique chandeliers and vintage reclaimed doorsCustom stairs built from vintage bowling alley woodBoard-formed interior concrete wallsCorrugated concrete exterior (repainted June 2025)The living space features a large open kitchen and living room with in-wall sound system, while the loft provides an additional flexible living or work space with custom metal and glass railing.Luxury BathroomsPrimary Bath: Full walk-in shower and dual vanity in MasterSecond Bath: Clawfoot tub and solid marble sink salvaged from a Utah mansionBoth bedrooms feature built-in closet systems; the primary includes a walk-in closetGarage & Expansion PotentialThe detached 1,400 sq ft 3-bay garage includes 10' doors, full insulation, heating, electrical, floor drain, and roughed-in plumbing for a bathroom. Property offers ample space for additional structures or expansions, including accessory units or a larger main house.Outdoor Living & LandscapingNew concrete patios and hot tubGas fire pit set among large natural bouldersFully landscaped and irrigated mature lawn and garden spacesExterior LED strip lighting (compliant with lighting codes)Upgrades & FeaturesPractically everything is brand new:New roof, insulation (including spray-in ceiling), framing, and subfloorNew electrical, plumbing, gas lines, and furnace with wireless thermostatWhole-house dehumidifierNew windows and sliding doorsBasement has new concrete retaining wall, radon wrap, passed inspection, and is roughed-in for additional bathroomIncluded appliances: washer, dryer, fridge, freezer, and Ilve rangeSound system in living room, kitchen, and patioCustom vent grilles and abundant storage throughoutModern irrigation system with wireless controllerThis property offers something truly raretotal privacy, top-of-the-hill views, modern luxury, and downtown convenience, all with room to grow. Whether you're looking for a full-time residence, private retreat, or unique investment opportunity, this home is one of a kind.Schedule your private showing today.
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Broker Office Phone Number: 970-731-4065
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