$765,000
Price
4
Beds
2,034 Sq. Ft.
$376 / Sq. Ft.
2,034
Sq. Ft.
$376
per Sq. Ft.

Description

Great income producing duplex with a partial view of the lake. Priced BELOW Archuleta's adjusted sale price of $792,332. 2 homes each with 2 bedrooms and 1 bath. Complete new roof in 2015, new exterior paint in 2018, new carpet in 2020. #1 has - New water heater, refrigerator and washer/dryer in 2020. #2 has new washer/dryer in 2016, new range, dishwasher and carpet in 2017, and new refrigerator in 2021. New water heater in 2025. Tenants have been in residence for many years and would like to stay....Great income producing duplex with a partial view of the lake. Priced BELOW Archuleta's adjusted sale price of $792,332. 2 homes each with 2 bedrooms and 1 bath. Complete new roof in 2015, new exterior paint in 2018, new carpet in 2020. #1 has - New water heater, refrigerator and washer/dryer in 2020. #2 has new washer/dryer in 2016, new range, dishwasher and carpet in 2017, and new refrigerator in 2021. New water heater in 2025. Tenants have been in residence for many years and would like to stay. No deferred maintenance, these have had all repairs done prior to this listing. Perfect for a 1031 investor which is how I purchased it, or reside in 1 and rent the other side. 165 Butte is also owned by me and right next door. Buy both for a nice income stream.

Property Details for 151 Butte Drive

Water Front
No
Subdv Name
Lake Pagosa Park - 03 Cnty Code 00290
LISTING UPDATED: 11/19/2025 03:49 PM

Property Details for 151 Butte Drive

StatusActive
MLS #825816
Days on Market181
Taxes$2,303 / year
HOA Fees$335
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTIFAMILY / Duplex
Year Built2002
Lot Size0.28 AC / 12,196 SF
CountyArchuleta County

Location

Listing Courtesy of Southwest Colorado Realty, Julie Vihstadt
Add your commute

Building Information for 151 Butte Drive

Stories-Residences2Year Built2002Building Size-Lot Size0.28 AC / 12,196 SF

Payment Calculator

$4,307 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,780

Property Taxes

$192

HOA Dues

$335

The Payment Calculator is for illustrative purposes only.

Property Information for 151 Butte Drive

Summary
Location and General Information
  • Directions: From 160 and Piedra road travel east to Aplenglow. Take a left on Piedra (CR 600) and then the 1st left onto Butte. Duplex is on the right.
Parking
  • Carport Y/N: No
  • Garage Type: Attached Garage
  • Garage Capacity: 2
  • Garage Y/N: Yes
  • Parking Spaces: 3
School Information
  • Elementary School: Pagosa Springs K-4
  • Middle School: Pagosa Springs 5-8
  • High School: Pagosa Springs 9-12
Taxes and HOA Information
  • HOA/Metro Fees: 335.00
  • HOA/Metro Fees Frequency: Annually
  • Tax Account ID: R005705
  • HOA Name: PLPOA
  • HOA Y/N: Yes
  • HOA Dues Y/N: Yes
  • HOA Transfer Fees Y/N: Yes
  • Tax Year: 2024
  • Total Taxes $: 2302.80
Property
Property and Assessments
  • FIPS Code: 08007
  • Legal/Lot Block: Subdivision: LAKE PAGOSA PARK Block: 9 Lot: 16 LPP Sec: 8 Twn: 35 Rng: 2W
  • Photo Count: 5
  • New Construction Y/N: No
  • Covenants Y/N: YES
  • Board Name: Pagosa Springs
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Parcel ID #: 5.69908416016E11
  • SqFt Source: ASSESSOR
Green Features
  • Green Certification Y/N: No
  • HERS Rated Y/N: No
  • Energy Star Qualified Y/N: No
  • LEED for Homes Y/N: No
  • NAHB/NGBS-ICC 700 Y/N: No
Utilities
  • Total # Water Meters: 1
  • Total # Gas Meters: 2
  • Total # Electric Meters: 2
  • Water Well: No
Multi Family
Multi-Family Information
  • Multi Story: No
  • # of Units: 2
Unit 1 Information
  • Unit 1 # Bedrooms: 2
  • Unit 1 # Baths: 1
Unit 2 Information
  • Unit 2 # Bedrooms: 2
  • Unit 2 # Baths: 1
Interior and Exterior Features
Room Information
  • 1/2 Baths: 0
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Baths: 2.00
  • Total Office/Den(s): 0
Interior Features
  • Furnished: Unfurnished
Exterior Features
  • Horse Setup: No

Property History for 151 Butte Drive

DateEvent & SourcePriceAppreciation
Oct 8, 2025

Price Change

CRENMLS #825816

$765,000—
Jun 24, 2025

Price Change

CRENMLS #825816

$775,000—
Jun 24, 2025

Listed (Active)

CRENMLS #825816

$765,000—
Jul 25, 2021

Sold

CRENMLS #783233

$587,000—
Jul 22, 2021

Sold (Public Record)

Public Record #1467639382

$587,000

+4.9% / yr

Jun 13, 2021

Pending

CRENMLS #783233

—
Jun 12, 2021

Listed (Active)

CRENMLS #783233

$587,000—
May 16, 2016

Withdrawn

CRENMLS #713599

—
Apr 15, 2016

Sold

CRENMLS #713598

$270,400—
Feb 12, 2016

Pending

CRENMLS #713598

—
Dec 14, 2015

Listed (Active)

CRENMLS #713599

$289,000—
Dec 14, 2015

Listed (Active)

CRENMLS #713598

$289,000—
Nov 17, 2006

Sold (Public Record)

Public Record #1100966466

$289,900—
DateEvent & SourcePrice
10/08/2025

Price Change

CRENMLS #825816

$765,000
06/24/2025

Price Change

CRENMLS #825816

$775,000
06/24/2025

Listed (Active)

CRENMLS #825816

$765,000
07/25/2021

Sold

CRENMLS #783233

$587,000
07/22/2021

Sold (Public Record)

Public Record #1467639382

$587,000

+4.9% / yr

06/13/2021

Pending

CRENMLS #783233

—
06/12/2021

Listed (Active)

CRENMLS #783233

$587,000
05/16/2016

Withdrawn

CRENMLS #713599

—
04/15/2016

Sold

CRENMLS #713598

$270,400
02/12/2016

Pending

CRENMLS #713598

—
12/14/2015

Listed (Active)

CRENMLS #713599

$289,000
12/14/2015

Listed (Active)

CRENMLS #713598

$289,000
11/17/2006

Sold (Public Record)

Public Record #1100966466

$289,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 151 Butte Drive

Taxable ValueLand$3,340Additions$34,660Total$38,000
Tax Record2024$2,303 ($192 / month)
Home Facts
Total Finished SqFt1,906 SqFtAbove Grade Finished SqFt1,906 SqFtStories1Lot Size12,197 SqFtStyleDuplexYear Built2002ZoningPLANNED UNITCountyARCHULETAAPN569908416016

Schools near 151 Butte Drive

This home is within Archuleta County 50 Jt School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Pagosa Springs Elementary School
PublicK to 4

Pagosa Springs Middle School
Public5 to 8

Pagosa Springs High School
Public9 to 12

Pagosa Peak Open School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

151 Butte Drive is a multi-family home for sale in Pagosa Springs, CO 81147. This property was listed for sale on June 25, 2025 by Southwest Colorado Realty, it's currently listed at $765,000. It has been on the market for a total of 181 days and was last sold on July 26, 2021. This listing's school district is Archuleta County 50 Jt School District. Nearby schools include Pagosa Springs Elementary School, Pagosa Springs Middle School and Pagosa Springs High School. 151 Butte Drive is a 4-bed, 2-bath, 2,034 sqft multi-family home built in 2002.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Southwest Colorado Realty, Julie Vihstadt

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.