Beautiful Home for Sale at 226 Hermosa St, Pagosa Springs, CO 81147

Pagosa Springs, CO 81147

Pagosa Springs, CO, 81147 View full address View full address

Listed at: May 18th, 2026

Price

$320 000

ARV

Sq. Footage

800
Type

Single Family Residence
Parking
Year Building

1898

Lot size

7,500
Bedrooms

2
Bathrooms

1
Half Bathrooms

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Summary

Single Family Residence Year Built: 1898 Living Area: 800 sq ft Lot Size: Approx. 7,500 sq ft Bedrooms / Bathrooms: 2 Beds / 1 Bath Other Details: Off-market downtown / river opportunity. Existing structure needs major rehab or redevelopment. Direct river + Riverwalk access, walking distance to Town Park, with higher-end / multimillion-dollar homes nearby. Kitchen refrigerator included; rear shed noted in contract. Property conveyed As-Is / Where-Is / With All Faults. Closing Date (COE): 06/01/2026 Earnest Money Deposit (EMD): $5,000 After Repair Value (ARV): TBD — Flip or New build Opportunity

COMPS:

202 Hermosa St, Pagosa Springs, CO 81147 — 2 bed / 1 bath, 1,208 sq ft, built 1919. Sold May 2025 for $405,000, approx. $335/sq ft. Strong nearby older-home comp on the same street.
227 Hermosa St, Pagosa Springs, CO 81147 — Riverfront property directly across/nearby. 2 bed / 2 bath, approx. 1,330–1,500 sq ft, marketed/listed around $1.8M; another source shows prior sold status at $1.5M. Supports major location premium for San Juan River frontage / downtown walkability.
226 Hermosa St public-record baseline — 2 bed / 1 bath, 800 sq ft, built 1898, approx. 7,405–7,500 sq ft lot. Online estimates vary roughly from the mid-$300Ks to higher depending on source, but redevelopment/river-location upside is the main value driver.

Wholesale Price: $320,000

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Disclaimer:
House is being sold as-is, and the buyer is to pay all closing costs. 5,000 EMD. Non-Refundable earnest money to be deposited within the same business day contract is executed or the contract will be canceled. Buyer must close with cash or a hard money loan.

The buyer is not relying on any representations, whether written or oral, regarding the properties above. Price based on a cash or hard money offer and is net to seller. Buyers to do their own independent due diligence.
Buyer must do your own due diligence, evaluation and inspection prior to making an offer. Determining value is the buyer’s responsibility. Seller strongly recommends buyers employ an Investment Realtor to help determine value. Any reference to the value of a property by the Seller or any representative of the Seller is an opinion of value. Everyone has a differing opinion on value, cost of construction, materials, quality of workmanship and market speculation. Value is ultimately the buyer’s responsibility and they should be diligent in determining market value.

REALTORS:
If you are currently working with a client, and wish to receive a commission, please note that the wholesale price does not include your commission. You may want to negotiate a commission with your client separate from the wholesale price or you may adjust the wholesale price upwards to include your commission.

WHOLESALERS:
If you’d like to JV on this deal send us a text message, email, or call to let us know you are going to be sharing our deal with your investors.

Contact

Ryan Allen

Disposition Manager

Questions? Give us a call

480 210 2120

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