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
73 Emerald Place Pagosa Springs, CO Blue Pitcher Lindner, Jann C Pitcher Real Estate, C: 970-946-1877, [email protected], ...	3 beds \| 3 baths \| 2,715 sq.ft.	$799,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 2.51% Airbnb Rental Income: $1669 Traditional Rental Income: $3080 Airbnb ROI: -0.02% Traditional ROI: 2.51%
99 Tiffany Place Pagosa Springs, CO Juli Morelock, Galles Properties, C: 970-946-2137, [email protected], https://juli...	3 beds \| 3 baths \| 2,292 sq.ft.	$789,000	Airbnb cash on cash: 0% Traditional cash on cash: 3.15% Airbnb Rental Income: $1669 Traditional Rental Income: $3519 Airbnb ROI: 0% Traditional ROI: 3.15%
1135 Park Avenue 905 Pagosa Springs, CO Rarely available front-row Whispering Pines townhome with exceptional Pagosa Peak views. T...	2 beds \| 2 baths \| 1,667 sq.ft.	$595,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 2.08% Airbnb Rental Income: $1535 Traditional Rental Income: $2086 Airbnb ROI: 0.29% Traditional ROI: 2.08%
49 Sandstone Court Pagosa Springs, CO Denise McCabe, Sherpa Real Estate, C: 970-946-3034, [email protected], www.crenm...	3 beds \| 2 baths \| 1,844 sq.ft.	$680,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 2.17% Airbnb Rental Income: $1669 Traditional Rental Income: $2423 Airbnb ROI: 0.24% Traditional ROI: 2.17%
135 Eaton Drive #1016 Pagosa Springs, CO Laura Daniels, Team Pagosa Realty Group, C: 970-946-9281, [email protected], www.teampa...	3 beds \| 3 baths \| 1,952 sq.ft.	$580,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 3.1% Airbnb Rental Income: $1669 Traditional Rental Income: $2589 Airbnb ROI: 0.54% Traditional ROI: 3.1%
91 Monte Vista Drive Pagosa Springs, CO Kade Stewart, Sherpa Real Estate, C: 512-694-0598, [email protected], www.crenmls....	3 beds \| 3 baths \| 1,924 sq.ft.	$685,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 2.24% Airbnb Rental Income: $1669 Traditional Rental Income: $2489 Airbnb ROI: 0.23% Traditional ROI: 2.24%
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: -0.86% Traditional cash on cash: 0.63% Airbnb Rental Income: $1669 Traditional Rental Income: $3761 Airbnb ROI: -0.86% Traditional ROI: 0.63%
457 E Arbol Park Drive Pagosa Springs, CO Aurora Peters, Sherpa Real Estate, C: 970-903-0329, [email protected], www.crenm...	3 beds \| 3 baths \| 4,848 sq.ft.	$1,099,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 1.2% Airbnb Rental Income: $1669 Traditional Rental Income: $2863 Airbnb ROI: -0.42% Traditional ROI: 1.2%
2439 County Road 359 Pagosa Springs, CO Jerilyn Burton, Sherpa Real Estate, C: 713-819-0411, [email protected], www.crenmls.co...	3 beds \| 4 baths \| 2,984 sq.ft.	$1,053,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 2.27% Airbnb Rental Income: $1669 Traditional Rental Income: $3791 Airbnb ROI: -0.37% Traditional ROI: 2.27%
171 Glen Eaton Drive Pagosa Springs, CO Juli Morelock, Galles Properties, C: 970-946-2137, [email protected], https://juli...	4 beds \| 4 baths \| 4,409 sq.ft.	$1,149,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 2.57% Airbnb Rental Income: $2155 Traditional Rental Income: $4452 Airbnb ROI: -0.09% Traditional ROI: 2.57%
1100 Navajo Peak Place Pagosa Springs, CO D. West Davies, Sherpa Real Estate, C: 970-398-0022, [email protected], http://all...	3 beds \| 2 baths \| 1,860 sq.ft.	$699,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 2.43% Airbnb Rental Income: $1669 Traditional Rental Income: $2658 Airbnb ROI: 0.19% Traditional ROI: 2.43%
502 S 5Th Street B3 Pagosa Springs, CO Amazing San Juan Mountain and river views are just the beginning with this partially furni...	1 beds \| 2 baths \| 1,290 sq.ft.	$412,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 3.69% Airbnb Rental Income: $1507 Traditional Rental Income: $2101 Airbnb ROI: 1.01% Traditional ROI: 3.69%
89 Beaver Circle Pagosa Springs, CO Michael D Knapp, Best of Pagosa Springs, C: 970-903-3431, [email protected], ww...	4 beds \| 3 baths \| 2,292 sq.ft.	$641,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 2.86% Airbnb Rental Income: $2155 Traditional Rental Income: $2706 Airbnb ROI: 1.02% Traditional ROI: 2.86%
1135 Park Avenue #501 Pagosa Springs, CO Katie Betts, Best of Pagosa Springs, 970-903-0552, [email protected], www.crenmls.com:...	2 beds \| 2 baths \| 1,520 sq.ft.	$529,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 2.66% Airbnb Rental Income: $1535 Traditional Rental Income: $2154 Airbnb ROI: 0.51% Traditional ROI: 2.66%
228 Saddle Circle Pagosa Springs, CO Marcie Lewis, Jann C Pitcher Real Estate, C: 970-759-8672, [email protected], www.cr...	3 beds \| 2 baths \| 1,040 sq.ft.	$390,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 3.34% Airbnb Rental Income: $1669 Traditional Rental Income: $1868 Airbnb ROI: 1.52% Traditional ROI: 3.34%
379 Hidden Drive Pagosa Springs, CO Kalei Pitcher, Jann C Pitcher Real Estate, CELL: 970-759-8165, [email protected], jan...	3 beds \| 2 baths \| 1,660 sq.ft.	$599,000	Airbnb cash on cash: -2.23% Traditional cash on cash: -0.39% Airbnb Rental Income: $1669 Traditional Rental Income: $2231 Airbnb ROI: -2.23% Traditional ROI: -0.39%
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.	$590,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 2.59% Airbnb Rental Income: $1535 Traditional Rental Income: $2348 Airbnb ROI: 0.3% Traditional ROI: 2.59%
207 La Tierra Court Pagosa Springs, CO Ashley Blackmore, Blackmore Group, O: 970-444-2431, [email protected], www.c...	5 beds \| 6 baths \| 6,630 sq.ft.	$1,675,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 0.9% Airbnb Rental Income: $2898 Traditional Rental Income: $3829 Airbnb ROI: -0.13% Traditional ROI: 0.9%
310 Twincreek Circle Pagosa Springs, CO Michael D Knapp, Best of Pagosa Springs, C: 970-903-3431, [email protected], ww...	4 beds \| 4 baths \| 3,004 sq.ft.	$939,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 3.15% Airbnb Rental Income: $2155 Traditional Rental Income: $3737 Airbnb ROI: 0.72% Traditional ROI: 3.15%
22 Aspen Road Pagosa Springs, CO Gina Backer, Sherpa Real Estate, C: 970-880-0910, [email protected], www.crenmls...	2 beds \| 2 baths \| 2,328 sq.ft.	$499,000	Airbnb cash on cash: 0.63% Traditional cash on cash: 3.49% Airbnb Rental Income: $1535 Traditional Rental Income: $2423 Airbnb ROI: 0.63% Traditional ROI: 3.49%
1917 Antelope Avenue Pagosa Springs, CO Marcie Lewis, Jann C Pitcher Real Estate, C: 970-759-8672, [email protected], www.cr...	4 beds \| 3 baths \| 3,516 sq.ft.	$1,045,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 1.61% Airbnb Rental Income: $2155 Traditional Rental Income: $3120 Airbnb ROI: 0.05% Traditional ROI: 1.61%
91 Morro Circle Pagosa Springs, CO Kevin Blue, Best of Pagosa Springs, C: 970-946-6955, [email protected], www.cr...	3 beds \| 3 baths \| 1,704 sq.ft.	$645,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 3.34% Airbnb Rental Income: $1669 Traditional Rental Income: $3007 Airbnb ROI: 0.34% Traditional ROI: 3.34%
302 Talisman Drive #21 Pagosa Springs, CO Alysha Ranson, Galles Properties, C: 970-903-1230, [email protected], www.crenml...	2 beds \| 2 baths \| 976 sq.ft.	$297,000	Airbnb cash on cash: 2.06% Traditional cash on cash: 4.28% Airbnb Rental Income: $1535 Traditional Rental Income: $1711 Airbnb ROI: 2.06% Traditional ROI: 4.28%
994 Cool Pines Drive Pagosa Springs, CO Brent Christians, Galles Properties, C: 970-759-6844, [email protected], www.Gall...	3 beds \| 3 baths \| 3,944 sq.ft.	$1,745,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 0.03% Airbnb Rental Income: $1669 Traditional Rental Income: $2587 Airbnb ROI: -0.82% Traditional ROI: 0.03%
345 Midiron Avenue Pagosa Springs, CO Michael D Knapp, Best of Pagosa Springs, C: 970-903-3431, [email protected], ww...	3 beds \| 3 baths \| 1,935 sq.ft.	$675,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 2.31% Airbnb Rental Income: $1669 Traditional Rental Income: $2496 Airbnb ROI: 0.25% Traditional ROI: 2.31%
65 Sumac Court Pagosa Springs, CO Blue Pitcher Lindner, Jann C Pitcher Real Estate, C: 970-946-1877, [email protected], ...	3 beds \| 3 baths \| 2,478 sq.ft.	$729,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 2.61% Airbnb Rental Income: $1669 Traditional Rental Income: $2892 Airbnb ROI: 0.12% Traditional ROI: 2.61%
241 Falcon Place Pagosa Springs, CO Tony Kaufman, Jann C Pitcher Real Estate, C: 970-238-0105, [email protected], www.cre...	4 beds \| 3 baths \| 2,033 sq.ft.	$599,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 3.33% Airbnb Rental Income: $2155 Traditional Rental Income: $2804 Airbnb ROI: 1.2% Traditional ROI: 3.33%
31 Creekside Place Pagosa Springs, CO Gwen Dunn, Sherpa Real Estate, C: 660-251-1166, [email protected], www.crenmls.com...	3 beds \| 4 baths \| 3,341 sq.ft.	$1,250,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 1.67% Airbnb Rental Income: $1669 Traditional Rental Income: $3785 Airbnb ROI: -0.55% Traditional ROI: 1.67%
777 Buttress Avenue Pagosa Springs, CO Leland Riley, Jann C Pitcher Real Estate, CELL: 970-946-3856, [email protected], ww...	3 beds \| 4 baths \| 2,160 sq.ft.	$849,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 2.98% Airbnb Rental Income: $1669 Traditional Rental Income: $3320 Airbnb ROI: 0.3% Traditional ROI: 2.98%
884 Buttress Avenue Pagosa Springs, CO D. West Davies, Sherpa Real Estate, C: 970-398-0022, [email protected], http://all...	3 beds \| 2 baths \| 1,831 sq.ft.	$719,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 2% Airbnb Rental Income: $1669 Traditional Rental Income: $2444 Airbnb ROI: 0.15% Traditional ROI: 2%
480 Scenic Avenue Pagosa Springs, CO Michael D Knapp, Best of Pagosa Springs, C: 970-903-3431, [email protected], ww...	4 beds \| 4 baths \| 3,100 sq.ft.	$1,992,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 0.18% Airbnb Rental Income: $2155 Traditional Rental Income: $3209 Airbnb ROI: -0.69% Traditional ROI: 0.18%
60 Clover Lane Pagosa Springs, CO Live the Mountain Lifestyle Youâve Been Dreaming Of. If youâre looking for space, vie...	4 beds \| 3 baths \| 2,962 sq.ft.	$895,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 1.92% Airbnb Rental Income: $2155 Traditional Rental Income: $2944 Airbnb ROI: 0.31% Traditional ROI: 1.92%
504 Weminuche Road Pagosa Springs, CO Carol A Peterson, Sherpa Real Estate, C: 480-213-0511, [email protected], www....	2 beds \| 1 baths \| 1,000 sq.ft.	$2,500,000	Airbnb cash on cash: -1.08% Traditional cash on cash: -0.89% Airbnb Rental Income: $1535 Traditional Rental Income: $1520 Airbnb ROI: -1.08% Traditional ROI: -0.89%
2554 County Road 400 Pagosa Springs, CO Rare opportunity on prestigious 4-Mile Road, one of Pagosa Springsâ most desirable and t...	4 beds \| 4 baths \| 2,621 sq.ft.	$1,295,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 2.01% Airbnb Rental Income: $2155 Traditional Rental Income: $4324 Airbnb ROI: -0.25% Traditional ROI: 2.01%
109 Ace Court #101 Pagosa Springs, CO Michael D Knapp, Best of Pagosa Springs, C: 970-903-3431, [email protected], ww...	2 beds \| 2 baths \| 1,238 sq.ft.	$382,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 3.66% Airbnb Rental Income: $1535 Traditional Rental Income: $1944 Airbnb ROI: 1.28% Traditional ROI: 3.66%
1149 Cattle Trail Place Pagosa Springs, CO Alysha Ranson, Galles Properties, C: 970-903-1230, [email protected], www.crenml...	4 beds \| 4 baths \| 4,276 sq.ft.	$2,790,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 0.41% Airbnb Rental Income: $2155 Traditional Rental Income: $4032 Airbnb ROI: -0.53% Traditional ROI: 0.41%

Real Estate investment in Pagosa-springs, CO

There are 162 properties for sale in the city of Pagosa Springs . The median list price in Pagosa Springs is $695,000 and the average price per square foot is $308. In March 2026, the average monthly cash on cash return in Pagosa Springs is 2.00%. The average monthly rental income in Pagosa Springs is $2,231.

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

There are 162 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 $2,231.

Your search for investment property begins and ends here

Investment Property for Sale in Pagosa Springs, CO

73 Emerald Place

Pagosa Springs, CO

3 beds | 3 baths | 2,715 sq.ft.

$799,000

Airbnb cash on cash: -0.02%

Traditional cash on cash: 2.51%

Airbnb Rental Income: $1669

Traditional Rental Income: $3080

Airbnb ROI: -0.02%

Traditional ROI: 2.51%

99 Tiffany Place

Pagosa Springs, CO

3 beds | 3 baths | 2,292 sq.ft.

$789,000

Airbnb cash on cash: 0%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $1669

Traditional Rental Income: $3519

Airbnb ROI: 0%

Traditional ROI: 3.15%

1135 Park Avenue 905

Pagosa Springs, CO

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

$595,000

Airbnb cash on cash: 0.29%

Traditional cash on cash: 2.08%

Airbnb Rental Income: $1535

Traditional Rental Income: $2086

Airbnb ROI: 0.29%

Traditional ROI: 2.08%

49 Sandstone Court

Pagosa Springs, CO

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

$680,000

Airbnb cash on cash: 0.24%

Traditional cash on cash: 2.17%

Airbnb Rental Income: $1669

Traditional Rental Income: $2423

Airbnb ROI: 0.24%

Traditional ROI: 2.17%

135 Eaton Drive #1016

Pagosa Springs, CO

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

$580,000

Airbnb cash on cash: 0.54%

Traditional cash on cash: 3.1%

Airbnb Rental Income: $1669

Traditional Rental Income: $2589

Airbnb ROI: 0.54%

Traditional ROI: 3.1%

91 Monte Vista Drive

Pagosa Springs, CO

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

$685,000

Airbnb cash on cash: 0.23%

Traditional cash on cash: 2.24%

Airbnb Rental Income: $1669

Traditional Rental Income: $2489

Airbnb ROI: 0.23%

Traditional ROI: 2.24%

171 S Squaw Canyon Place

Pagosa Springs, CO

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

$1,850,000

Airbnb cash on cash: -0.86%

Traditional cash on cash: 0.63%

Airbnb Rental Income: $1669

Traditional Rental Income: $3761

Airbnb ROI: -0.86%

Traditional ROI: 0.63%

457 E Arbol Park Drive

Pagosa Springs, CO

3 beds | 3 baths | 4,848 sq.ft.

$1,099,000

Airbnb cash on cash: -0.42%

Traditional cash on cash: 1.2%

Airbnb Rental Income: $1669

Traditional Rental Income: $2863

Airbnb ROI: -0.42%