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.
Sold cren member
$415,000
480 Rainbow Drives, Pagosa Springs, CO 81147
3beds
1,250sqft
Modular
Built in 1979
0.46 Acres Lot
$407,600 Zestimate®
$332/sqft
$2,319 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: February 05, 2025 at 02:04pm
Listed by:
Irene Diaz 720-431-2400,
Pagosa Valley Properties
Bought with:
Jerilyn Burton
Sherpa Real Estate
Source: CREN,MLS#: 819803

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
Dining room
- Features: Kitchen/Dining
Appliances
- Included: Range, Refrigerator, Dishwasher, Washer, Dryer, Microwave, Freezer
Features
- Flooring: Carpet-Partial, Vinyl
- Basement: Crawl Space
Interior area
- Total structure area: 1,250
- Total interior livable area: 1,250 sqft
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Exterior features: Landscaping
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.46 Acres
- Features: Cleared
Details
- Additional structures: Shed(s), Shed/Storage
- Parcel number: 569911303007
- Zoning description: Residential Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Raised Ranch
- Property subtype: Modular
Materials
- Wood Frame
- Roof: Metal
Condition
- New construction: No
- Year built: 1979
Utilities & green energy
- Sewer: Central
- Water: City Water
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Pagosa Springs
- Subdivision: Pagosa Hills 4 - 02 Cnty Code 00391
HOA & financial
HOA
- Has HOA: Yes
- Association name: Pagosa Hills
Other
Other facts
- Road surface type: Dirt