$1,350,000

LIVE HERE. OPERATE HERE. INVEST HERE. Have you ever imagined leaving the busy life behind to live in a Colorado mountain town and run a business of your own? Pagosa Manor offers the opportunity to do exactly that. Located in the heart of downtown Pagosa Springs, this iconic 1903 property has recently received Mixed-Use Residential zoning approval, creating exciting possibilities for a boutique bed & breakfast, hospitality concept, wellness retreat, professional space, or other owner-operated business. Live on-site while welcoming guests, generate income from private living spaces, or create a business around the lifestyle that brought you to Pagosa in the first place. The location is hard to beat. Pagosa Manor sits directly across from the River Walk and within walking distance of downtown restaurants, shops, the San Juan River, and Pagosa's famous hot springs. The covered front porch overlooks the river and hot springs, while mountain and downtown views can be enjoyed from throughout the property. Hospitality is already part of this home's story. Over the years, Pagosa Manor has operated as a boarding house, restaurant, and bed & breakfast, with the original room numbers still remaining on the doors. Completely restored in 2023, the property retains the character that makes it special while major infrastructure has already been addressed, including new water and sewer lines, updated electrical, and a new roof. Original stained glass, intricate hardwood floors, custom built-ins, coffered ceilings, crown molding, gingerbread trim, and a widow's watch preserve its remarkable history. The layout is especially well suited for an owner-operated business. Two kitchens, three living areas, three dining spaces, two laundry rooms, a butler's pantry, office, and two private lock-off living spaces provide flexibility for guests and owner occupancy. The upper level includes a separate two-bedroom suite with its own kitchen and laundry. Outside, mature trees, lilacs, roses, fruit trees, perennial gardens, and multiple gathering spaces create an inviting setting for guests or private enjoyment. The property sits on two city lots, offering additional future possibilities for the second lot, subject to applicable approvals. Pagosa Manor is offered fully furnished and turnkey. For someone ready to trade the ordinary for a different kind of life, this is more than a historic property for sale. It's an opportunity to live in downtown Pagosa Springs, build a business around a one-of-a-kind setting, and write the next chapter of a property that has been welcoming people for more than 120 years.