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Equestrian Property with Covered Arenas
For Sale
$3,595,000

1134 Parelli Institute Dr, Pagosa Springs, CO 81147

Horse facility includes barns, arenas, lodging, and event-support improvements.

Property Size2,724 SF
Price / SF$1,319
Days on Market184

Property Features for 1134 Parelli Institute Dr

General Information

Standard status Active
Size 2,724 SF
Property subtype Farm

Building Details

Year Built 1967
Listing Agency: Fay Ranches, Inc.
Listed By: Joette Schalla jvidamour@fayranches.com · License #IA.040037609
Source: Mountainmeadowrealestate
Added: Apr 27 Changed: Oct 25 Last Checked: Oct 26 at 4:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fay Ranches, Inc.

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Investment Insights

Based on property information with market context.

This 130.299-acre equestrian property west of Pagosa Springs includes a 12-stall barn with tack storage, a 100' x 230' covered arena, a 50' x 145' covered arena, an outdoor arena, round pens, wash areas, panel stalls, and cattle shipping pens. The improvements also include a custom three-bedroom, 2.5-bath residence with attached offices, a private office bath, granite countertops, and a wood-burning fireplace insert.

Lodging and gathering facilities include 13 heated bunk cabins and a central lodge with two upper-level suites, separate men's and women's restrooms, four showers, a commercial kitchen with in-floor radiant heat, and a walk-in cooler. Additional improvements consist of office buildings, a mercantile building, and 24 RV hookups with water and electricity. The property borders nearly 6,200 acres of San Juan National Forest with direct access to more than 30 miles of riding trails. Water resources include a 10,000-gallon cistern and rights to irrigate 13.49 acres.

Key Highlights

  • 130.299‑acre equestrian property bordering nearly 6,200 acres of San Juan National Forest
  • 100' x 230' covered arena with premium footing plus a 50' x 145' covered arena
  • 12‑stall barn with tack room, pivoting saddle wall, wash areas, pens, and supporting equestrian improvements

Property Analytics

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Current Use

Ranches

Suggested Use

Top Pick Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 81147, CO

12,615
Population
9,258
Households
1.4
Avg Household Size
51
Median Age
42%
College-Educated
96%
High-School Grad
1,355.5 sq mi
ZIP Area
9
Density / Sq Mi
$78,949
Median Household Income
$38,663
Median Earnings
$1,428
Median Rent
$458,100
Median Home Value
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Frequently Asked Questions

What type of property is this?
Horse & equestrian property - Horse facility includes barns, arenas, lodging, and event-support improvements.
Where is this horse & equestrian property located?
The property is located at 1134 Parelli Institute Dr Pagosa Springs, CO.
What is the asking price?
The asking price for this property is $3,595,000.
What are key features of this property?
This property features: 130.299‑acre equestrian property bordering nearly 6,200 acres of San Juan National Forest; 100' x 230' covered arena with premium footing plus a 50' x 145' covered arena; 12‑stall barn with tack room, pivoting saddle wall, wash areas, pens, and supporting equestrian improvements
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