Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    29 Monastery Ct Pagosa Springs, CO 81147

    Sponsored
    For Sale
    $55,000

    Residential - Pagosa Springs, CO

    Type:Single Family Residence
    Lot size:
    0.36 Acres
    Days on Market:
    98
    Last Refresh:
    Jan 29 at 12:06 pm

    Property Features for 29 Monastery Ct

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    0.36 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Gwen Dunn

    Sherpa Real Estate (970) 444-2570

    Listing agent Gwen Dunn (970) 444-2570

    Listing date Oct 24, 2025

    MLS# 826137 Listing URL

    Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Wooded Lot in Pagosa Springs

    This wooded 0.36-acre lot is located in Pagosa Springs, Colorado. It features an electric junction box on-site, with water and sewer available for hookup. The land is level and offers views of the northern range. Mature Ponderosa Pines surround the property, creating a serene mountain setting. The location is minutes from shopping and groceries, making it suitable for building a dream home.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Hotel & Motel Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pagosa Springs
    County
    Archuleta
    State
    Colorado
    Longitude
    -106.896
    Latitude
    37.1765

    Nearby Similar for Sale

    • $2,500,000
      5,333 SF

      Thriving Mountain Retreat on Piedra River

      Rare opportunity to own a thriving mountain retreat and trail-riding business.
      180 Cr 166, Pagosa Springs, CO 81147
      View Details
    • $2,350,000
      7,298 SF

      Pagosa Springs Wedding & Event Venue

      Turn-key wedding and event destination on 11 acres bordering Blanco River.
      11044 Highway 84, Pagosa Springs, CO 81147
      View Details
    • $419,000
      5.11 Acres

      Tiny Home on 5 Acres

      Custom tiny home and luxury travel trailer near downtown Pagosa.
      201 Pineview Rd, Pagosa Springs, CO 81147
      View Details
    • $4,200,000
      29,000 SF

      Pagosa Springs Highway Industrial Investment

      2.14-acre site with two multi-tenant buildings totaling 29,000 SF.
      543 Navajo Trail Dr, Pagosa Springs, CO 81147
      View Details
    • $675,000
      3,150 SF

      Pagosa Springs Warehouse with Highway Frontage

      Turn-key warehouse with highway frontage, ideal for cultivation.
      163 Gold Mine Dr, Pagosa Springs, CO 81147
      View Details
    • $175,000

      Horseback Riding Business Opportunity

      Thriving horseback riding business for sale near Pagosa Springs, Colorado.
      Majestic Outfitters, Pagosa Springs, CO 81147
      View Details
    • $885,000
      5,558 SF

      Pagosa Springs Multi-Use Commercial Property

      Income-producing commercial property on Highway 160 in Pagosa Springs.
      2115 Eagle Dr, Pagosa Springs, CO 81147
      View Details
    • $424,900
      3,041 SF

      Highway Frontage Commercial Space

      Versatile commercial property with high visibility and adaptable layout.
      2147 Eagle Dr, Pagosa Springs, CO 81147
      View Details
    • New
      $99,000
      1.00 Acre

      Creekfront Property with Cabins

      One-acre creekfront property with two cabins near Pagosa Springs.
      417 River Run Dr, Pagosa Springs, CO 81147
      View Details
    • $525,000
      0.69 Acres

      Pagosa Springs Commercial Opportunity

      Commercial property near Highway 160 with retail, office, residential potential.
      3101 Cornerstone Dr, Pagosa Springs, CO 81147
      View Details
    • New
      $250,000
      748 SF

      Pagosa Springs Office For Sale

      Office space available in Pagosa Springs, Colorado.
      262 Pagosa St, Pagosa Springs, CO 81147
      View Details
    • New
      $299,000
      4.33 Acres

      Pagosa Springs Residential Land

      Residential land available in Pagosa Springs, Colorado.
      916A Easy St, Pagosa Springs, CO 81147
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Wooded lot with utilities ready for dream home construction.
    Where is this residential land & home lot located?
    The property is located at 29 Monastery Ct Pagosa Springs, CO.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: - Level, wooded lot with views of the northern range.; - Electric junction box on-site.; - Water and sewer available for easy hookup.
    (660) 251-1166
    Request Owner's contact information
    29 Monastery Ct Pagosa Springs, CO 81147
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    29 Monastery Ct
    Pagosa Springs, CO 81147
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    29 Monastery Ct Pagosa Springs, CO 81147
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Gwen Dunn
    (660) 251-1166
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.