Own one of the most compelling development opportunities in the heart of Pagosa Springs. This 0.52-acre mixed-use residential parcel offers flexibility, views, and walkability—an increasingly rare combination in this highly desirable mountain community. Positioned to showcase sweeping views of Pagosa Peak and Saddle Mountain, the property provides a stunning alpine backdrop for a custom home, duplex, townhomes, or multifamily investment. With public utilities available and no HOA or covenants, you have the freedom to design and build without unnecessary restrictions. Location is everything—and this one delivers. Step outside to enjoy the scenic San Juan Riverwalk, spend afternoons fishing along the San Juan River, or take in small-town charm with front-row views of the town’s 4th of July fireworks. You’re minutes from the world-famous The Springs Resort, hiking and biking on Reservoir Hill Park, community events at Yamaguchi Park and Town Park, and live performances at the historic Liberty Theatre. For winter enthusiasts, legendary powder awaits at Wolf Creek Ski Area—just a scenic drive away. Whether you envision a primary residence, vacation getaway, or income-producing development, this centrally located lot offers unmatched potential, dramatic views, and year-round recreation at your doorstep. Opportunities like this in downtown Pagosa Springs are few and far between. Additional adjacent lots possibly available, call for details.