Pagosa Views
Fully Entitled 819-Unit PUD with Approvals that Run with the Land
Marketing description
MMG Real Estate Advisors is pleased to present the opportunity to acquire Pagosa Views, a fully entitled 819-unit PUD in Pagosa Springs, Colorado, offering a shovel-ready development opportunity with entitlements recorded permanently with the land. The Town has approved 681 for-sale residential units across six product types and 138 nightly/weekly rental cabins, creating a dual-revenue thesis that captures both vacation-home buyer demand and short-term rental cash flow in a resort market anchored by The Springs Resort and Wolf Creek Ski Area. The 91.05-acre infill site fronts US Hwy 160 with immediate access to town amenities and all utilities available. Ownership has already driven value significantly since its 2022 acquisition and a buyer inherits a fully approved master plan with pre-selected contractors ready to break ground.
Investment highlights
- Fully Entitled 819-Unit PUD with Approvals that Run with the Land
- Dual-Revenue Development Thesis: For-Sale + Nightly/Weekly Rental
- Infill Position on US Hwy 160 with Immediate Adjacency to Town Amenities
- Master Plan with Pre-Selected Contractors Ready to Break Ground
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