Nearly 300 acres of spectacular high-alpine Colorado landscape, complete with a 6,500-square-foot custom home, two ponds, mountain views, and direct adjacency to National Forest. Surrounded by mature aspen trees and wide-open mountain scenery, 408 Raptor Place offers the privacy and scale of a true Colorado legacy property while providing exceptional flexibility for the future. At the heart of the ranch is an impressive approximately 6,500-square-foot, 3-bedroom residence offering generous living spaces and room to gather, entertain, and enjoy the surrounding Colorado landscape. Whether envisioned as a full-time ranch residence, private mountain retreat, recreational property, or multigenerational legacy estate, this property offers a combination of acreage and improvements that is increasingly difficult to find near Pagosa Springs. Perhaps the property's most exceptional feature is its boundary with National Forest. Step beyond your own acreage and experience access to an enormous expanse of public land—creating outstanding opportunities for horseback riding, hiking, wildlife viewing, hunting, and year-round outdoor recreation. For buyers searching for a Pagosa Springs ranch for sale, Colorado horse property, large-acreage property in Southwest Colorado, ranch bordering National Forest, recreational ranch, or private mountain estate, 408 Raptor Place offers a rare combination of land, improvements, privacy, and access to the Colorado outdoors. The land is exceptionally well suited for the Colorado ranch lifestyle. A barn, fenced and cross-fenced pastures, and two ponds provide infrastructure for horses, livestock, and agricultural use while preserving the property's beautiful open landscape. With approximately 300 acres to explore, there is ample room to ride, hike, recreate, or simply enjoy the privacy and quiet that comes with owning a substantial piece of Southwest Colorado. Adding even more flexibility and investment potential, the property offers the ability to potentially separate two approximately 100-acre tracts, each with its own water tap, providing a unique opportunity to retain the main ranch while selling additional acreage, create separate family or legacy parcels, or hold the tracts for future use. This combination of substantial acreage, existing water infrastructure, and potential land division creates options rarely found in a Pagosa Springs ranch property.
Active
$5,500,000
408 Raptor Place, Pagosa Springs, CO 81147
3beds
6,526sqft
Farm, Agriculture, Mountain, Mixed Use, Recreational, Residential/Single Family
Built in 1997
294.85 Acres Lot
$1,919,900 Zestimate®
$843/sqft
$138/mo HOA
What's special
Mountain viewsTwo pondsFenced and cross-fenced pasturesSpectacular high-alpine colorado landscapeBoundary with national forestBeautiful open landscapeGenerous living spaces
- 4 days
- 303
- 17
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Marcie Lewis 970-759-8672,
Jann C Pitcher Real Estate,
Kalei Pitcher 970-759-8165,
Jann C Pitcher Real Estate
Source: CREN,MLS#: 838585
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Dining room
- Features: Eat-in Kitchen, Kitchen Island, Kitchen Bar, Separate Dining
Heating
- Boiler, Fireplace(s), InFloor Radiant
Cooling
- Ceiling Fan(s)
Appliances
- Included: Dishwasher, Double Oven, Dryer, Exhaust Fan, Range Top, Washer
Features
- Ceiling Fan(s), Vaulted Ceiling(s), Wet Bar
- Flooring: Carpet, Slate, Tile
- Windows: Window Coverings
- Basement: Finished,Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Bedroom, Den/Family Room, Gas Log, Gas Starter, Living Room
Interior area
- Total structure area: 6,526
- Total interior livable area: 6,526 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached Garage
- Attached garage spaces: 3
Features
- Levels: Three Story
- Stories: 3
- Patio & porch: Deck
- Exterior features: Landscaped, Lawn Sprinkler System
- Has spa: Yes
- Spa features: Bath
- Fencing: Barbed Wire,Full,Split Rail
- Has view: Yes
- View description: Mountain(s), Valley
- Waterfront features: Pond, Seasonal Stream/Spring
Lot
- Size: 294.85 Acres
- Features: Borders National Forest, Borders Public Land, Near Golf Course, Pasture, Wooded
Details
- Additional structures: Barn(s), Equipment Shed, Garage(s), Hay Barn, Metal Building, Workshop
- Parcel number: 558120200124
- Zoning description: Agriculture
- Other equipment: Propane Tank-Owned
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm, Agriculture, Mountain, Mixed Use, Recreational, Residential/Single Family
Materials
- Stucco
- Foundation: Concrete Perimeter, Slab
- Roof: Metal
Condition
- New construction: No
- Year built: 1997
Utilities & green energy
- Sewer: Engineered Septic
- Water: Public
- Utilities for property: Propane-Tank Owned
Community & HOA
Community
- Subdivision: Eagle Peak Ranch - 06 Cnty Code 00135
HOA
- Has HOA: Yes
- HOA fee: $1,650 annually
- HOA name: Eagle Peak Ranches
Location
- Region: Pagosa Springs
Financial & listing details
- Price per square foot: $843/sqft
- Tax assessed value: $1,455,280
- Annual tax amount: $5,258
- Date on market: 8/31/2026
- Road surface type: Gravel
Estimated market value
$1,919,900
$1.44M - $2.57M
$4,105/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Listed for sale | $5,500,000$843/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,288 +24.7% | $101,780 |
| 2023 | $4,241 -5.9% | $101,780 +33.2% |
| 2022 | $4,507 | $76,400 -4.1% |
| 2021 | -- | $79,630 +0.4% |
| 2020 | $4,517 -11% | $79,320 |
| 2019 | $5,077 -98.7% | $79,320 -4.9% |
| 2017 | $403,560 | $83,390 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 81147
Nearby schools
Schools provided by the listing agent
- Elementary: Pagosa Springs K-4
- Middle: Pagosa Springs 5-8
- High: Pagosa Springs 9-12
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




