151 Butte Drive, Pagosa Springs, CO, 81147
About This Home
Great income producing duplex with a partial view of the lake. Priced BELOW Archuleta's adjusted sale price of $792,332. 2 homes each with 2 bedrooms and 1 bath. Complete new roof in 2015, new exterior paint in 2018, new carpet in 2020. #1 has - New water heater, refrigerator and washer/dryer in 2020. #2 has new washer/dryer in 2016, new range, dishwasher and carpet in 2017, and new refrigerator in 2021. New water heater in 2025. Tenants have been in residence for many years and would like to stay. No deferred maintenance, these have had all repairs done prior to this listing. Perfect for a 1031 investor which is how I purchased it, or reside in 1 and rent the other side. 165 Butte is also owned by me and right next door. Buy both for a nice income stream.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2002
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Interior Area
- Total structure area: 2,034
- Total interior livable area: 2,034 sqft
Property
Details
- Parcel number: 569908416016
- Attached to another structure: Yes
Lot
- Lot size: 0.28 Acres
Parking
- Total spaces: 3
- Parking features: Attached Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Winter Weather
- Wildfire
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,792 | $45,504 |
| Home Insurance * | $208 | $2,496 |
| Property Taxes | $260 | $3,120 |
| Electricity | $186 | $2,232 |
| Total | $4,446 | $53,352 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-03 | Price change | $750,000 |
| 2025-10-08 | Price change | $765,000 |
| 2025-06-25 | Listed for sale | $775,000 |
| 2021-07-26 | Sold | $587,000 |
| 2021-06-14 | Listed for sale | $587,000 |
| 2006-12-04 | Sold | $289,900 |
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