Listed by Michael Knapp of Best of Pagosa Springs
“Where cowboys still ride and horses still work — welcome to 525 CR 139.” Cowboy up and take a hard look at one of the coolest ranch setups to hit the Pagosa Springs market in a long time. Welcome to the historic home of Astraddle A Saddle horse-drawn tours, sitting on over 35 acres of fenced and cross-fenced pasture just five minutes from downtown Pagosa—but it feels a whole lot further out once you’re standing there looking at the mountains. (add the additional 37 acres to the west for $299,000) This place was built by folks who actually ride horses and work land, not by someone trying to play rancher on weekends. Front and center is a 30 x 70 yard riding and roping arena with the right mix of loam and sand to keep your performance horses in top shape. Right next to it sits a hot walker, steel pipe arena fencing, loafing sheds, and plenty of covered parking and storage. The entire setup is steel and built to last, not some lightweight hobby ranch setup. The brand new 2 bed / 2 bath energy-efficient home sits up on a perfect little knoll overlooking the valley, the arena, and the pasture below. It’s the kind of spot where you drink your coffee watching horses move in the morning and end the day with a sunset over the mountains. There’s also a separate ADU that works great as rental income, guest quarters, or a ranch manager’s place. Step out back and you’ll see where the real fun starts. The outdoor area is all steel and built for entertaining, with a full outdoor kitchen, chuckwagon dinner setup, and hot tub ready for those long Pagosa summer nights after a day in the saddle. There’s even a serious setup for your cow dogs. Infrastructure here is dialed in with two wells, frost-free hydrants in the right locations, run-in sheds, outdoor storage galore, and a greenhouse that’ll keep fresh food on the table most of the year. With national forest close by, you can ride/hunt in some of the best country Colorado has to offer. You might never go to the grocery store again. And if you want more ground, there’s an additional 35 acres to the west that may also be available. Run horses. Raise cows. Start an outfitting operation. Or just live the kind of western lifestyle most people only talk about. This place wasn’t thrown together — it’s been a labor of love built by people who know what they’re doing, and the next owner is going to appreciate every inch of it. If you’ve been waiting for a true Pagosa ranch property that actually works, this one is the real deal.

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 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, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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The data on this site was last updated May 16, 2026

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