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
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: 1.33% Traditional cash on cash: 5.59% Airbnb Rental Income: $1466 Traditional Rental Income: $2447 Airbnb ROI: 1.33% 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: 0.18% Traditional cash on cash: 2.08% Airbnb Rental Income: $1466 Traditional Rental Income: $2086 Airbnb ROI: 0.18% 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.	$659,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 2.28% Airbnb Rental Income: $1857 Traditional Rental Income: $2423 Airbnb ROI: 0.55% Traditional ROI: 2.28%
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: 1.08% Traditional cash on cash: 2.23% Airbnb Rental Income: $1857 Traditional Rental Income: $1924 Airbnb ROI: 1.08% 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: 0.87% Traditional cash on cash: 3.18% Airbnb Rental Income: $1857 Traditional Rental Income: $2589 Airbnb ROI: 0.87% 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: 0.52% Traditional cash on cash: 2.33% Airbnb Rental Income: $1857 Traditional Rental Income: $2489 Airbnb ROI: 0.52% 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: -0.77% Traditional cash on cash: 0.63% Airbnb Rental Income: $1857 Traditional Rental Income: $3761 Airbnb ROI: -0.77% 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: 0.98% Traditional cash on cash: 4.47% Airbnb Rental Income: $1147 Traditional Rental Income: $1672 Airbnb ROI: 0.98% 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: 0.22% Traditional cash on cash: 3.95% Airbnb Rental Income: $1466 Traditional Rental Income: $3065 Airbnb ROI: 0.22% 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.	$535,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 2.99% Airbnb Rental Income: $1857 Traditional Rental Income: $2340 Airbnb ROI: 1.02% Traditional ROI: 2.99%
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: -0.68% Traditional cash on cash: -0.11% Airbnb Rental Income: $1857 Traditional Rental Income: $2524 Airbnb ROI: -0.68% Traditional ROI: -0.11%
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: 1.27% Traditional cash on cash: 4.16% Airbnb Rental Income: $1147 Traditional Rental Income: $1470 Airbnb ROI: 1.27% 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: 1.07% Traditional cash on cash: 2.42% Airbnb Rental Income: $1857 Traditional Rental Income: $2021 Airbnb ROI: 1.07% 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: -0.14% Traditional cash on cash: 2.49% Airbnb Rental Income: $1857 Traditional Rental Income: $3791 Airbnb ROI: -0.14% Traditional ROI: 2.49%
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: -0.32% Traditional cash on cash: 1.93% Airbnb Rental Income: $1857 Traditional Rental Income: $3765 Airbnb ROI: -0.32% 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: 0.68% Traditional cash on cash: 2.89% Airbnb Rental Income: $1857 Traditional Rental Income: $2634 Airbnb ROI: 0.68% 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: 0.66% Traditional cash on cash: 2.89% Airbnb Rental Income: $1857 Traditional Rental Income: $2658 Airbnb ROI: 0.66% 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: 0.29% Traditional cash on cash: 3.85% Airbnb Rental Income: $1147 Traditional Rental Income: $2101 Airbnb ROI: 0.29% 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: 0.38% Traditional cash on cash: 3.05% Airbnb Rental Income: $1857 Traditional Rental Income: $3149 Airbnb ROI: 0.38% 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.	$639,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 2.87% Airbnb Rental Income: $2592 Traditional Rental Income: $2706 Airbnb ROI: 1.64% Traditional ROI: 2.87%
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: 0.43% Traditional cash on cash: 2.74% Airbnb Rental Income: $1466 Traditional Rental Income: $2154 Airbnb ROI: 0.43% Traditional ROI: 2.74%
231 Blue Jay Circle Pagosa Springs, CO Kaylee Irwin, Sherpa Real Estate, C:,,: Short Sale Opportunity! With Stunning Views! Enjoy...	3 beds \| 2 baths \| 1,706 sq.ft.	$252,500	Airbnb cash on cash: 3.8% Traditional cash on cash: 11.83% Airbnb Rental Income: $1857 Traditional Rental Income: $3273 Airbnb ROI: 3.8% Traditional ROI: 11.83%
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: 0.27% Traditional cash on cash: 2.77% Airbnb Rental Income: $1466 Traditional Rental Income: $2348 Airbnb ROI: 0.27% 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: 0.58% Traditional cash on cash: 0.9% Airbnb Rental Income: $4225 Traditional Rental Income: $3829 Airbnb ROI: 0.58% 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: 1.23% Traditional cash on cash: 3.34% Airbnb Rental Income: $2592 Traditional Rental Income: $3737 Airbnb ROI: 1.23% Traditional ROI: 3.34%
44 S Driver Court Pagosa Springs, CO Gwen Dunn, Sherpa Real Estate, C:,,: Beautiful Single-Level Home That Feels Brand New!Enjo...	3 beds \| 2 baths \| 1,281 sq.ft.	$545,000	Airbnb cash on cash: -1.97% Traditional cash on cash: -0.42% Airbnb Rental Income: $1857 Traditional Rental Income: $2148 Airbnb ROI: -1.97% Traditional ROI: -0.42%
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: 0.43% Traditional cash on cash: 2.75% Airbnb Rental Income: $1857 Traditional Rental Income: $2869 Airbnb ROI: 0.43% 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: 1.48% Traditional cash on cash: 3.06% Airbnb Rental Income: $2592 Traditional Rental Income: $2967 Airbnb ROI: 1.48% Traditional ROI: 3.06%
22 Aspen Road Pagosa Springs, CO Gina Backer, Sherpa Real Estate, C:,,: Newly graded roads! Five wooded acres of privacy wi...	2 beds \| 2 baths \| 2,328 sq.ft.	$475,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 3.73% Airbnb Rental Income: $1466 Traditional Rental Income: $2423 Airbnb ROI: 0.61% Traditional ROI: 3.73%
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.	$895,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 1.87% Airbnb Rental Income: $1857 Traditional Rental Income: $2910 Airbnb ROI: 0.01% Traditional ROI: 1.87%
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: 1.35% Traditional cash on cash: 4.92% Airbnb Rental Income: $1147 Traditional Rental Income: $1605 Airbnb ROI: 1.35% 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: -0.57% Traditional cash on cash: 0.22% Airbnb Rental Income: $1466 Traditional Rental Income: $1823 Airbnb ROI: -0.57% 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: 1.68% Traditional cash on cash: 3.06% Airbnb Rental Income: $1857 Traditional Rental Income: $1907 Airbnb ROI: 1.68% 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.	$1,745,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 0.03% Airbnb Rental Income: $1857 Traditional Rental Income: $2587 Airbnb ROI: -0.72% Traditional ROI: 0.03%
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: 0.5% Traditional cash on cash: 2.31% Airbnb Rental Income: $1857 Traditional Rental Income: $2496 Airbnb ROI: 0.5% 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: 0.43% Traditional cash on cash: 2.79% Airbnb Rental Income: $1857 Traditional Rental Income: $2892 Airbnb ROI: 0.43% 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: 0.33% Traditional cash on cash: 2.35% Airbnb Rental Income: $4225 Traditional Rental Income: $6896 Airbnb ROI: 0.33% Traditional ROI: 2.35%
241 Falcon Place Pagosa Springs, CO Tony Kaufman, Jann C Pitcher Real Estate, C:,,: Investors take note-this income-producing ...	4 beds \| 3 baths \| 2,033 sq.ft.	$589,900	Airbnb cash on cash: 1.9% Traditional cash on cash: 3.41% Airbnb Rental Income: $2592 Traditional Rental Income: $2804 Airbnb ROI: 1.9% Traditional ROI: 3.41%
85 Hummingbird Place Pagosa Springs, CO Gina Backer, Sherpa Real Estate, C:,,: Your private 1.2-acre retreat awaits! This fully fu...	2 beds \| 2 baths \| 1,216 sq.ft.	$324,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 4.37% Airbnb Rental Income: $1466 Traditional Rental Income: $1884 Airbnb ROI: 1.58% Traditional ROI: 4.37%
31 Creekside Place Pagosa Springs, CO Gwen Dunn, Sherpa Real Estate, C:,,: Equestrian Dream in the Pines!Custom Lindal Cedar hom...	3 beds \| 4 baths \| 3,341 sq.ft.	$1,199,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 1.81% Airbnb Rental Income: $1857 Traditional Rental Income: $3785 Airbnb ROI: -0.37% Traditional ROI: 1.81%

Real Estate investment in Pagosa-springs, CO

There are 221 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 $281. In July 2026, the average monthly cash on cash return in Pagosa Springs is 2.00%. The average monthly rental income in Pagosa Springs is $2,292.

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

There are 221 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 $2,292.

Your search for investment property begins and ends here

Investment Property for Sale in Pagosa Springs, CO

224 Midiron Avenue

Pagosa Springs, CO

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

$353,000

Airbnb cash on cash: 1.33%

Traditional cash on cash: 5.59%

Airbnb Rental Income: $1466

Traditional Rental Income: $2447

Airbnb ROI: 1.33%

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: 0.18%

Traditional cash on cash: 2.08%

Airbnb Rental Income: $1466

Traditional Rental Income: $2086

Airbnb ROI: 0.18%

Traditional ROI: 2.08%

49 Sandstone Court

Pagosa Springs, CO

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

$659,000

Airbnb cash on cash: 0.55%

Traditional cash on cash: 2.28%

Airbnb Rental Income: $1857

Traditional Rental Income: $2423

Airbnb ROI: 0.55%

Traditional ROI: 2.28%

135 Eaton Drive 1018

Pagosa Springs, CO

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

$524,000

Airbnb cash on cash: 1.08%

Traditional cash on cash: 2.23%

Airbnb Rental Income: $1857

Traditional Rental Income: $1924

Airbnb ROI: 1.08%

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: 0.87%

Traditional cash on cash: 3.18%

Airbnb Rental Income: $1857

Traditional Rental Income: $2589

Airbnb ROI: 0.87%

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: 0.52%

Traditional cash on cash: 2.33%

Airbnb Rental Income: $1857

Traditional Rental Income: $2489

Airbnb ROI: 0.52%

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: -0.77%

Traditional cash on cash: 0.63%

Airbnb Rental Income: $1857

Traditional Rental Income: $3761

Airbnb ROI: -0.77%

Traditional ROI: 0.63%

301 Talisman Drive #4301

Pagosa Springs, CO

1 beds | 2 baths | 924 sq.ft.

$275,000

Airbnb cash on cash: 0.98%

Traditional cash on cash: 4.47%

Airbnb Rental Income: $1147

Traditional Rental Income: $1672

Airbnb ROI: 0.98%