11 days on rocket

480 Rainbow Drs, Pagosa Springs, CO, 81147

$450,000

Home List Price

$5,344*

Closing Credit

3 Bedrooms
2 Full Baths
1,250 SqFt
$360/SqFt
House

Location

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480 Rainbow Drs, Pagosa Springs$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1979
HeatingNatural Gas, Forced Air
ViewMountain(s)
MLS #819803
Lot Size0.46 Acres
StatusActive

About 480 Rainbow Drs

This is a truly hidden gem in one of Pagosa's most desirable neighborhoods. Don’t judge a book by its cover—this centrally located home is full of surprises! Nestled in a highly desirable neighborhood, this home combines modern updates with unbeatable functionality. Inside, you’ll find a well maintained interior with a newly remodeled bathroom, a brand-new dishwasher, and a host of upgrades made in the last five years, including a new stove, microwave, and counter tops. Major updates such as a new roof, furnace, patio door slider, and water heater ensure peace of mind for years to come. Enjoy outdoor living on the back deck overlooking the spacious, partially fenced backyard on nearly half an acre—a perfect retreat for relaxation, gardening, or entertaining. A recently added shed provides extra storage for all your needs. With its generous lot size, there's potential to add a detached or attached garage, a carport, or even an RV pad. Property even has potential to add an Accessory Dwelling Unit that you could rent out as an additional source of income! This location is unbeatable! The home is conveniently located half way between uptown and down town Pagosa Springs. With back road access leading to downtown Pagosa Springs, you'll be blissfully oblivious to the delays summer traffic causes on Putt Hill. A short 7 min drive to The Springs Resort and Spa will ensure you get the most out of your monthly soaking membership! All the conveniences of living downtown without feeling too far from the grocery stores! This home offers more than meets the eye—don’t miss your chance to see its true potential! Schedule your showing today. Seller is a licensed broker in Colorado.

Property Details

Property Features

Property Information:

  • Architectural Style: Raised Ranch
  • Year Built: 1979
  • Stories: 1
  • Living Area: 1,250 SqFt

Listing Office:

  • Office Name: Pagosa Valley Properties
  • Listing Agent: Irene Diaz

Interior Features

Interior Information:

  • Appliances: Range, Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave, Freezer
  • Basement: No
  • Flooring Type: Carpet-Partial, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Shed/Storage, Landscaping, Deck, Shed

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 0.46 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Turn on to Pike Dr from Highway 160, in about 700 feet make a right on to Rainbow Dr, home is half a mile on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $360/SqFt
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Housing Market Comparison

See how this home compares to others in Pagosa Springs, CO.

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Pagosa Springs, CO

City

Med. List Price

$707.5K

Med. Price/SqFt

$345

Avg. Days On Market

146

480 Rainbow Drs vs Pagosa Springs

11 DAYS ON ROCKET

-135 Days

$450,000

-$257.5K Less

$360/SqFt

+$14 More

KEY TAKEAWAY

This property is $257.5K less than the Median List Price and $14/SqFt more than other homes in Pagosa Springs, CO.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #819803

Listing Office:

  • Office Name: Pagosa Valley Properties
  • Listing Agent: Irene Diaz

IDX SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

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ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of Colorado Real Estate Network (CREN).

Real Estate listings held by companies other than this brokerage contain that company's name.

Fair Housing Disclaimer
Equal Housing PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4487358
6
/10

  • Pagosa Springs Elementary School

  • 141 South 10th Street

  • 1.05 miles

  • Public District Grades KG-4

school-card-donut-4487359
1
/10

  • Dulce Elementary School

  • Hawk Dr

  • 23.21 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,210. Typical income of Pagosa Springs, CO residents is between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 480 Rainbow Drs

What is the listing price of this property?

The listing price of 480 Rainbow Drs property is $450,000.

What type of property is this?

The property 480 Rainbow Drs is a house located in Pagosa Springs, Colorado, 81147.

Is this property for sale now?

Active Listing: 480 Rainbow Drs is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 480 Rainbow Drs has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 480 Rainbow Drs is 1,250 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 480 Rainbow Drs is 1979.

Rocket Homes›Colorado›Archuleta County›Pagosa Springs›81147›480 Rainbow Drs

This home is located at 480 Rainbow Drs in Pagosa Springs, CO and zip code 81147. This 1,250 square foot home, which was built in 1979, sits on a 0.46 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 07, 2024 and is currently priced at $450,000.

Between October 2024 and November 2024, Pagosa Springs, CO real estate market has seen increase in the number of listings by 19.9%. In November 2024 median list price was $707,500 and the average listing age was 146 days.

From Rocket Homes Real Estate and based on county public records data.

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