Real Estate Investment Properties for Sale in Pagosa Springs, CO

Looking for investment property in Pagosa Springs, CO with high ROI ?

Explore a variety of short-term homes & houses in Pagosa Springs, CO. Invest wisely with VRBO & Pagosa Springs, CO Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Pagosa Springs, CO

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
465 Handicap Avenue Pagosa Springs, CO Alysha Ranson, Galles Properties, C:,,: Introducing 465 Handicap Avenue! The view is what ...	3 beds \| 4 baths \| 2,464 sq.ft.	$799,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 2.9% Airbnb Rental Income: $2124 Traditional Rental Income: $3373 Airbnb ROI: 0.49% Traditional ROI: 2.9%
224 Midiron Avenue Pagosa Springs, CO Kevin Blue, Best of Pagosa Springs, C:,,: This charming furnished duplex is move-in ready ...	2 beds \| 2 baths \| 1,006 sq.ft.	$353,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 5.59% Airbnb Rental Income: $1635 Traditional Rental Income: $2447 Airbnb ROI: 1.75% Traditional ROI: 5.59%
1135 Park Avenue #905 Pagosa Springs, CO Lauri Heraty, ENGEL & VOLKERS Pagosa Springs, C:,,: Rarely available front-row Whispering ...	2 beds \| 2 baths \| 1,667 sq.ft.	$595,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 2.08% Airbnb Rental Income: $1635 Traditional Rental Income: $2086 Airbnb ROI: 0.44% Traditional ROI: 2.08%
49 Sandstone Court Pagosa Springs, CO Denise McCabe, Sherpa Real Estate, C:,,: Imagine waking up in your own Colorado log cabin,...	3 beds \| 2 baths \| 1,844 sq.ft.	$649,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 2.34% Airbnb Rental Income: $2124 Traditional Rental Income: $2423 Airbnb ROI: 0.95% Traditional ROI: 2.34%
135 Eaton Drive 1018 Pagosa Springs, CO Single-level 3-bedroom Whispering Pines condoârarely available, most 3 bdrms are 2-story...	3 beds \| 2 baths \| 1,479 sq.ft.	$524,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 2.23% Airbnb Rental Income: $2124 Traditional Rental Income: $1924 Airbnb ROI: 1.53% Traditional ROI: 2.23%
135 Eaton Drive #1016 Pagosa Springs, CO Laura Daniels, Team Pagosa Realty Group, C:,,: Good size unit! Primary bedroom on main flo...	3 beds \| 3 baths \| 1,952 sq.ft.	$570,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 3.18% Airbnb Rental Income: $2124 Traditional Rental Income: $2589 Airbnb ROI: 1.29% Traditional ROI: 3.18%
91 Monte Vista Drive Pagosa Springs, CO Kade Stewart, Sherpa Real Estate, C:,,: Welcome to 91 Monte Vista Drive where laid back li...	3 beds \| 3 baths \| 1,924 sq.ft.	$670,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 2.33% Airbnb Rental Income: $2124 Traditional Rental Income: $2489 Airbnb ROI: 0.87% Traditional ROI: 2.33%
171 S Squaw Canyon Place Pagosa Springs, CO Stunning timber-frame mountain retreat with see-forever views of the north and east range ...	3 beds \| 4 baths \| 4,187 sq.ft.	$1,850,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 0.63% Airbnb Rental Income: $2124 Traditional Rental Income: $3761 Airbnb ROI: -0.64% Traditional ROI: 0.63%
301 Talisman Drive #4301 Pagosa Springs, CO Lauren Fredrickson, Galles Properties, C:,,: Have you been searching for a home base for y...	1 beds \| 2 baths \| 924 sq.ft.	$275,000	Airbnb cash on cash: 1.33% Traditional cash on cash: 4.47% Airbnb Rental Income: $1254 Traditional Rental Income: $1672 Airbnb ROI: 1.33% Traditional ROI: 4.47%
1135 Park Avenue #203 Pagosa Springs, CO Anita Bowles, Sherpa Real Estate, C:,,: Come see this amazing turn-key 2-bedroom, 2.25-bat...	2 beds \| 3 baths \| 1,911 sq.ft.	$583,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 3.95% Airbnb Rental Income: $1635 Traditional Rental Income: $3065 Airbnb ROI: 0.48% Traditional ROI: 3.95%
631 Lakeside Drive Pagosa Springs, CO Brent Christians, Galles Properties, C:,,: Welcome to 631 Lakeside Drive, where easy mount...	3 beds \| 2 baths \| 1,699 sq.ft.	$519,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 3.12% Airbnb Rental Income: $2124 Traditional Rental Income: $2340 Airbnb ROI: 1.56% Traditional ROI: 3.12%
2000 Echo Canyon Ranch Lane Pagosa Springs, CO Alysha Ranson, Galles Properties, C:,,: Introducing 2000 Echo Canyon Ranch Lane! Behind th...	3 beds \| 3 baths \| 6,539 sq.ft.	$2,200,000	Airbnb cash on cash: -0.57% Traditional cash on cash: -0.11% Airbnb Rental Income: $2124 Traditional Rental Income: $2524 Airbnb ROI: -0.57% Traditional ROI: -0.11%
227 E Stollsteimer Road Pagosa Springs, CO Ashley Kerlin, Wells Group Real Estate, C:,,: Welcome to 227 Stollsteimer, a beautifully u...	3 beds \| 2 baths \| 1,184 sq.ft.	$399,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 3.57% Airbnb Rental Income: $2124 Traditional Rental Income: $1874 Airbnb ROI: 2.78% Traditional ROI: 3.57%
164 Valley View Drive #3206 Pagosa Springs, CO Laura Daniels, Team Pagosa Realty Group, C:,,: Exceptional Uptown Condo with Million Dolla...	1 beds \| 1 baths \| 845 sq.ft.	$257,500	Airbnb cash on cash: 1.63% Traditional cash on cash: 4.16% Airbnb Rental Income: $1254 Traditional Rental Income: $1470 Airbnb ROI: 1.63% Traditional ROI: 4.16%
260 Lakeside Dr Pagosa Springs, CO Diane Burnett, Galles Properties, C:,,: Welcome home to your quintessential, fully furnish...	3 beds \| 3 baths \| 1,358 sq.ft.	$525,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 2.42% Airbnb Rental Income: $2124 Traditional Rental Income: $2021 Airbnb ROI: 1.53% Traditional ROI: 2.42%
2439 County Road 359 Pagosa Springs, CO Jerilyn Burton, Sherpa Real Estate, C:,,: Stunning mountain views from this Colorado log h...	3 beds \| 4 baths \| 2,984 sq.ft.	$995,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 2.49% Airbnb Rental Income: $2124 Traditional Rental Income: $3791 Airbnb ROI: 0.1% Traditional ROI: 2.49%
6405 County Rd 700 Pagosa Springs, CO Leland Riley, Jann C Pitcher Real Estate, CELL:,,: Welcome to Fox Ridge Ranch, where histo...	3 beds \| 3 baths \| 2,805 sq.ft.	$799,900	Airbnb cash on cash: 0.49% Traditional cash on cash: 2.23% Airbnb Rental Income: $2124 Traditional Rental Income: $2880 Airbnb ROI: 0.49% Traditional ROI: 2.23%
1124 Roush Drive Pagosa Springs, CO Blue Pitcher Lindner, Jann C Pitcher Real Estate, C:,,: STUNNING HOME ON ACREAGE WITH HUGE...	3 beds \| 3 baths \| 3,039 sq.ft.	$1,149,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 1.93% Airbnb Rental Income: $2124 Traditional Rental Income: $3765 Airbnb ROI: -0.11% Traditional ROI: 1.93%
1135 Park Avenue #202 Pagosa Springs, CO Juli Morelock, Galles Properties, C:,,: Fantastic Whispering Pines Townhome with San Juan ...	3 beds \| 3 baths \| 1,911 sq.ft.	$619,000	Airbnb cash on cash: 1.07% Traditional cash on cash: 2.89% Airbnb Rental Income: $2124 Traditional Rental Income: $2634 Airbnb ROI: 1.07% Traditional ROI: 2.89%
1100 Navajo Peak Place Pagosa Springs, CO D. West Davies, Sherpa Real Estate, C:,,: Classic Colorado log home on 40 acres in a prist...	3 beds \| 2 baths \| 1,860 sq.ft.	$625,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 2.89% Airbnb Rental Income: $2124 Traditional Rental Income: $2658 Airbnb ROI: 1.04% Traditional ROI: 2.89%
502 S 5Th Street B3 Pagosa Springs, CO Amazing San Juan Mountain and river views are just the beginning with this end unit. Step ...	1 beds \| 2 baths \| 1,290 sq.ft.	$399,995	Airbnb cash on cash: 0.53% Traditional cash on cash: 3.85% Airbnb Rental Income: $1254 Traditional Rental Income: $2101 Airbnb ROI: 0.53% Traditional ROI: 3.85%
353 Snow Circle Pagosa Springs, CO Shane Jones, Best of Pagosa Springs, C:,,: This recently updated Hatcher Lake home offers ...	3 beds \| 2 baths \| 1,576 sq.ft.	$720,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 3.05% Airbnb Rental Income: $2124 Traditional Rental Income: $3149 Airbnb ROI: 0.71% Traditional ROI: 3.05%
89 Beaver Circle Pagosa Springs, CO Michael D Knapp, Best of Pagosa Springs, C:,,: Are the mountains calling? Answer the call ...	4 beds \| 3 baths \| 2,292 sq.ft.	$619,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 3.01% Airbnb Rental Income: $2921 Traditional Rental Income: $2706 Airbnb ROI: 2.21% Traditional ROI: 3.01%
1135 Park Avenue #501 Pagosa Springs, CO Katie Betts, Best of Pagosa Springs,,,: Meticulously maintained end-unit townhome - looks ...	2 beds \| 2 baths \| 1,520 sq.ft.	$519,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 2.74% Airbnb Rental Income: $1635 Traditional Rental Income: $2154 Airbnb ROI: 0.72% Traditional ROI: 2.74%
135 Eaton Drive 1021 Pagosa Springs, CO Whispering Pines townhome with a main-floor primary and a great patio overlooking the pond...	2 beds \| 3 baths \| 1,930 sq.ft.	$565,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 2.77% Airbnb Rental Income: $1635 Traditional Rental Income: $2348 Airbnb ROI: 0.54% Traditional ROI: 2.77%
207 La Tierra Court Pagosa Springs, CO Ashley Blackmore, Blackmore Group, O:,,: One of Pagosa's finest luxury retreats, meets tim...	5 beds \| 6 baths \| 6,630 sq.ft.	$1,675,000	Airbnb cash on cash: 0.84% Traditional cash on cash: 0.9% Airbnb Rental Income: $4715 Traditional Rental Income: $3829 Airbnb ROI: 0.84% Traditional ROI: 0.9%
310 Twincreek Circle Pagosa Springs, CO Michael D Knapp, Best of Pagosa Springs, C:,,: Canyon Views - Proven Rental Income - Brand...	4 beds \| 4 baths \| 3,004 sq.ft.	$899,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 3.34% Airbnb Rental Income: $2921 Traditional Rental Income: $3737 Airbnb ROI: 1.56% Traditional ROI: 3.34%
11100 Highway 84 Pagosa Springs, CO Stan Zuege, Galles Properties, ,,: Hunters, fishermen, outdoorsmen and adventurers, check ...	3 beds \| 2 baths \| 2,083 sq.ft.	$515,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 3.23% Airbnb Rental Income: $2124 Traditional Rental Income: $2372 Airbnb ROI: 1.58% Traditional ROI: 3.23%
261 Driftwood Drive Pagosa Springs, CO Deborah Kerns, Team Pagosa Realty Group, C:,,: Just reduced by $26k Views Views Views from...	3 beds \| 3 baths \| 2,244 sq.ft.	$699,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 2.75% Airbnb Rental Income: $2124 Traditional Rental Income: $2869 Airbnb ROI: 0.78% Traditional ROI: 2.75%
2073 Park Avenue Pagosa Springs, CO Classic Pagosa charm and a location that puts the best of Pagosa Lakes right at your finge...	4 beds \| 2 baths \| 1,755 sq.ft.	$675,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 3.06% Airbnb Rental Income: $2921 Traditional Rental Income: $2967 Airbnb ROI: 1.91% Traditional ROI: 3.06%
1160 Majestic Drive Pagosa Springs, CO Quiet Mountain Living in the Pines â In-Town Convenience in Pagosa Springs. Immaculate s...	3 beds \| 3 baths \| 2,860 sq.ft.	$875,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 1.95% Airbnb Rental Income: $2124 Traditional Rental Income: $2910 Airbnb ROI: 0.32% Traditional ROI: 1.95%
102 Valley View Drive #3171 Pagosa Springs, CO Ricardo Riojas, Rocky Mountain Realty and Rentals, C:,,: TWO STORY LOFT CONDO - Centrally ...	1 beds \| 2 baths \| 869 sq.ft.	$249,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 4.92% Airbnb Rental Income: $1254 Traditional Rental Income: $1605 Airbnb ROI: 1.73% Traditional ROI: 4.92%
2000 County Road 359 Pagosa Springs, CO Marcie Lewis, Jann C Pitcher Real Estate, C:,,: Discover the ultimate Colorado mountain re...	2 beds \| 2 baths \| 1,232 sq.ft.	$1,075,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 0.22% Airbnb Rental Income: $1635 Traditional Rental Income: $1823 Airbnb ROI: -0.43% Traditional ROI: 0.22%
42 W Radiant Court Pagosa Springs, CO SINGLE-STORY, well-priced, and full of upgradesâthis 3-bedroom, 2-bath Pagosa Springs ho...	3 beds \| 2 baths \| 1,200 sq.ft.	$424,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 3.06% Airbnb Rental Income: $2124 Traditional Rental Income: $1907 Airbnb ROI: 2.24% Traditional ROI: 3.06%
994 Cool Pines Drive Pagosa Springs, CO Brent Christians, Galles Properties, C:,,: Presenting 994 Cool Pines..... a completely ren...	3 beds \| 3 baths \| 3,944 sq.ft.	$1,650,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 0.12% Airbnb Rental Income: $2124 Traditional Rental Income: $2587 Airbnb ROI: -0.53% Traditional ROI: 0.12%
345 Midiron Avenue Pagosa Springs, CO Michael D Knapp, Best of Pagosa Springs, C:,,: Fully Furnished Custom Home with Owner Carr...	3 beds \| 3 baths \| 1,935 sq.ft.	$675,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.31% Airbnb Rental Income: $2124 Traditional Rental Income: $2496 Airbnb ROI: 0.86% Traditional ROI: 2.31%
65 Sumac Court Pagosa Springs, CO Blue Pitcher Lindner, Jann C Pitcher Real Estate, C:,,: Get inspired by this artful, inspi...	3 beds \| 3 baths \| 2,478 sq.ft.	$699,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 2.79% Airbnb Rental Income: $2124 Traditional Rental Income: $2892 Airbnb ROI: 0.78% Traditional ROI: 2.79%
1051 Needles View Place Pagosa Springs, CO Christopher Mott, Sherpa Real Estate, C:,,: Tucked into the gated community of Rito Blanco...	5 beds \| 6 baths \| 3,531 sq.ft.	$1,900,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 2.35% Airbnb Rental Income: $4715 Traditional Rental Income: $6896 Airbnb ROI: 0.56% Traditional ROI: 2.35%
1064 Carino Place Pagosa Springs, CO Brent Christians, Galles Properties, C:,,: Presenting 1064 Carino Place! Bring your horses...	3 beds \| 4 baths \| 3,945 sq.ft.	$1,750,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 0.65% Airbnb Rental Income: $2124 Traditional Rental Income: $3596 Airbnb ROI: -0.59% Traditional ROI: 0.65%

Real Estate investment in Pagosa-springs, CO

There are 239 properties for sale in the city of Pagosa Springs . The median list price in Pagosa Springs is $635,000 and the average price per square foot is $276. In August 2026, the average monthly cash on cash return in Pagosa Springs is 2.00%. The average monthly rental income in Pagosa Springs is $2,324.

Pagosa-springs, CO Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 239 investment properties available for sale in Pagosa-springs.

In 2026, the best neighborhood to buy investment property is Pagosa Springs.

The ROI for Long-Term is higher than the Short-Term in Pagosa-springs with average rental income of $2,324.

Your search for investment property begins and ends here

Investment Property for Sale in Pagosa Springs, CO

465 Handicap Avenue

Pagosa Springs, CO

3 beds | 4 baths | 2,464 sq.ft.

$799,000

Airbnb cash on cash: 0.49%

Traditional cash on cash: 2.9%

Airbnb Rental Income: $2124

Traditional Rental Income: $3373

Airbnb ROI: 0.49%

Traditional ROI: 2.9%

224 Midiron Avenue

Pagosa Springs, CO

2 beds | 2 baths | 1,006 sq.ft.

$353,000

Airbnb cash on cash: 1.75%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $1635

Traditional Rental Income: $2447

Airbnb ROI: 1.75%

Traditional ROI: 5.59%

1135 Park Avenue #905

Pagosa Springs, CO

2 beds | 2 baths | 1,667 sq.ft.

$595,000

Airbnb cash on cash: 0.44%

Traditional cash on cash: 2.08%

Airbnb Rental Income: $1635

Traditional Rental Income: $2086

Airbnb ROI: 0.44%

Traditional ROI: 2.08%

49 Sandstone Court

Pagosa Springs, CO

3 beds | 2 baths | 1,844 sq.ft.

$649,000

Airbnb cash on cash: 0.95%

Traditional cash on cash: 2.34%

Airbnb Rental Income: $2124

Traditional Rental Income: $2423

Airbnb ROI: 0.95%

Traditional ROI: 2.34%

135 Eaton Drive 1018

Pagosa Springs, CO

3 beds | 2 baths | 1,479 sq.ft.

$524,000

Airbnb cash on cash: 1.53%

Traditional cash on cash: 2.23%

Airbnb Rental Income: $2124

Traditional Rental Income: $1924

Airbnb ROI: 1.53%

Traditional ROI: 2.23%

135 Eaton Drive #1016

Pagosa Springs, CO

3 beds | 3 baths | 1,952 sq.ft.

$570,000

Airbnb cash on cash: 1.29%

Traditional cash on cash: 3.18%

Airbnb Rental Income: $2124

Traditional Rental Income: $2589

Airbnb ROI: 1.29%

Traditional ROI: 3.18%

91 Monte Vista Drive

Pagosa Springs, CO

3 beds | 3 baths | 1,924 sq.ft.

$670,000

Airbnb cash on cash: 0.87%

Traditional cash on cash: 2.33%

Airbnb Rental Income: $2124

Traditional Rental Income: $2489

Airbnb ROI: 0.87%

Traditional ROI: 2.33%

171 S Squaw Canyon Place

Pagosa Springs, CO

3 beds | 4 baths | 4,187 sq.ft.

$1,850,000

Airbnb cash on cash: -0.64%

Traditional cash on cash: 0.63%

Airbnb Rental Income: $2124

Traditional Rental Income: $3761

Airbnb ROI: -0.64%