OFF MARKET

Off market jan 2024 for $1.4M

$1,512,000

Est. refi paymentEst. refi $9,740/mo

•

3,453

sq ft

704 Two Bear Dr, Pagosa Springs, CO 81147

About this home

Exquisite Offering in Two Bear Ranch. This was the first parcel to be built on as it is the Crown Jewel, tucked in at the back and boarding a very secluded section of the mighty South San Juan National forest, providing the ultimate in privacy and wildlife viewing. This is truly a Sportsmans paradise, and only 15 minutes from the charming mountain town of Pagosa Springs and one hour from the Durango airport. Only 3 home are in this 250 acre gated ranch community with its own central water system and road maintenance including snow removal. Every detail was considered in the construction of this custom home with a main floor master, covered front and rear decks to enjoy the amazing weather that Pagosa Springs has to offer. A lined pond was constructed below the property attracting all sorts of wildlife on a daily basis. Quality construction and a extremely efficient heating system work together to benefit the warmth of this home even on the coldest of winter days. You also can heat the entire home with the wood stove. The back of the home is situated to capitalize on the positive solar gain that we receive here in the winter. There is a two car garage underneath the house and an additional toy barn that can fit all of your gear no matter what your hobbies are. With all the features this property has to offer, It’s important that you schedule your private viewing today.

Single-familyProperty Type

2007Year Built

38.2 acresLot Size

$438Est. Price/Sq.Ft.

10 car garageParking

Listed by Michael Knapp • Best of Pagosa Springs

Bought with Mike Heraty • ENGEL & VOLKERS Pagosa Springs

Redfin checked: 2 minutes ago

•Source:cren #808502

Redfin Estimate

$1,512,000

$62K since sold in January 2024$4,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.9% higher than the average sale price ($1.21M) of 6 comparable homes.

SOLD SEP 3, 2026
$1,525,000
A
3 beds2.5 baths3,944 sq ft
994 Cool Pines Dr, Pagosa Springs, CO 81147
SOLD AUG 6, 2026
$1,080,000
B
3 beds3 baths2,931 sq ft
144 Blue Creek Rd, Pagosa Springs, CO 81147
SOLD JUN 11, 2026
$765,000
C
3 beds3 baths2,292 sq ft
99 Tiffany Pl, Pagosa Springs, CO 81147
SOLD JUL 15, 2026
$753,000
D
3 beds3 baths2,034 sq ft
520A Whispering Wood Dr, Pagosa Springs, CO 81147
SOLD MAY 28, 2026
$1,881,000
E
3 beds3 baths3,383 sq ft
85A Usfs Road 660 A, Pagosa Springs, CO 81147
SOLD MAY 29, 2026
$1,260,000
F
3 beds3 baths2,587 sq ft
567 Tall Pine Pl, Pagosa Springs, CO 81147

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$4,028/mo

Redfin rental estimate

List your home for rent

Market trends in 81147, CO

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

96.8%

0.1% MoM

Median sale price

$635K

$65K MoM

Avg. days on market

69d

13 days MoM

Recently sold homes

2 MoM

New listings for sale

NEW 35 HRS AGO
$995,000
4 beds2 baths2,625 sq ft
755 Squaw Valley Pl, Pagosa Springs, CO 81147
NEW 1 DAY AGO
$6,499,000
5 beds7.5 baths10,177 sq ft
1000 Piney Pl, Pagosa Springs, CO 81147
$1,795,000
5 beds4.5 baths6,382 sq ft
719 Saddleback Dr, Pagosa Springs, CO 81147
$625,000
5 beds3 baths2,431 sq ft
145 Sundown Cir, Pagosa Springs, CO 81147
3D WALKTHROUGH
$646,000
3 beds2 baths1,625 sq ft
200 Hatcher Cir, Pagosa Springs, CO 81147
$395,000
2 beds2.5 baths1,305 sq ft
78 Aspenglow Blvd #2, Pagosa Springs, CO 81147
$449,500
3 beds2.5 baths1,458 sq ft
313 Morro Cir, Pagosa Springs, CO 81147
3D WALKTHROUGH
$1,295,000
3 beds3 baths3,771 sq ft
108 Cameo Ct, Pagosa Springs, CO 81147
$719,000
4 beds2.5 baths2,134 sq ft
11 Blue Heron Cir, Pagosa Springs, CO 81147
$590,000
2 beds2 baths1,292 sq ft
73 Elderberry Gln, Pagosa Springs, CO 81147
See all

Provided by Redfin

Sale history for 704 Two Bear Dr

Date

Event

Price

cren #828450

Sep 25, 2026

Price Changed

$1,699,000

$492/sq ft

Jul 1, 2026

Price Changed

$1,799,000

$521/sq ft

Sep 12, 2025

Listed

$1,999,000

$579/sq ft

cren #808502

Jan 5, 2024

Sold

$1,450,000

$420/sq ft

Oct 6, 2023

Listed

$1,575,000

$456/sq ft

cren #768102

Sep 27, 2020

Listing Removed

—

Mar 29, 2020

Listed

$1,175,000

$340/sq ft

cren #680018

Oct 10, 2013

Sold

$750,000

$217/sq ft

May 16, 2013

Listed

$800,000

$232/sq ft

cren #670193

Nov 8, 2012

Sold

$550,000

$159/sq ft

Jun 29, 2012

Listed

$595,000

$172/sq ft

cren #661506

Jan 1, 2012

Listing Removed

—

Aug 16, 2011

Listed

$849,500

$246/sq ft

Public Records

Apr 14, 2005

Sold

$1,500,000

$434/sq ft

Public Records

Aug 9, 2000

Sold

$35,000

$10/sq ft

Public Records

Aug 9, 2000

Sold

$157,000

$45/sq ft

Public Records

Jul 20, 1992

Sold

$96,000

$28/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$5,081 (−7.6%)

$24,650 + $56,990

$81,640

2024

$5,500 (+8.3%)

$28,350 + $68,880

$97,230

2023

$5,079 (+59.7%)

$28,300 + $64,760

$93,060

2021

$3,181 (+13.5%)

$20,810 + $32,660

$53,470

2020

$2,801 (+1.4%)

$14,480 + $33,980

$48,460

2019

$2,762 (−2.1%)

$14,480 + $33,980

$48,460

2018

$2,820 (+17.7%)

$14,580 + $30,920

$45,500

2017

$2,396 (−6.5%)

$14,580 + $30,920

$45,500

2016

$2,561 (+8.5%)

$19,700 + $28,550

$48,250

2014

$2,360 (−0.4%)

$19,700 + $24,830

$44,530

2013

$2,369

$19,700 + $24,830

$44,530

Tax history for 704 Two Bear Dr

Year

Property tax

Land + Additions

Assessment*

2025

$5,081 (−7.6%)

$24,650 + $56,990

$81,640

2024

$5,500 (+8.3%)

$28,350 + $68,880

$97,230

2023

$5,079 (+59.7%)

$28,300 + $64,760

$93,060

2021

$3,181 (+13.5%)

$20,810 + $32,660

$53,470

2020

$2,801 (+1.4%)

$14,480 + $33,980

$48,460

2019

$2,762 (−2.1%)

$14,480 + $33,980

$48,460

2018

$2,820 (+17.7%)

$14,580 + $30,920

$45,500

2017

$2,396 (−6.5%)

$14,580 + $30,920

$45,500

2016

$2,561 (+8.5%)

$19,700 + $28,550

$48,250

2014

$2,360 (−0.4%)

$19,700 + $24,830

$44,530

2013

$2,369

$19,700 + $24,830

$44,530

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

1.5

Lot width

—

Lot depth

—

Lot size

38.2 Acres

Year renovated

2007

Sq. Ft.

2,780

Year built

2007

Style

Single Family Residential

County

Archuleta County

APN

588727100020

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 17, 2026.

Property details

Parking

Garage/Carport Information
Has Garage
# of Garage Spaces: 10

Parking
Features: Basement, Garage

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 3
# of Half Bathrooms: 1

Room Information
Yes
Basement Information: Finished, Walk-Out Access

Equipment
Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Washer

Interior Features
Window Features: Thermal Windows
Partially
Flooring: Hardwood, Tile
Other Features: Eat-in Kitchen, Kitchen/Dining Combo

Exterior

Building Information
Stories: 3
Year Built Effective: 2012
Roof Details: Metal
Construction Details: Log, ICFs (Insulated Concrete Forms)

Exterior Features
Exterior Features: Deck, Hot Tub/Spa, Sprinkler/Irrigation, Landscaping, Water Feature
Patio And Porch Features: Deck
Other Structures: Barn(s), Outbuilding

Pool and Spa Information
Has Spa

Land Information
Elevation: 7800
Current Use: Agricultural, Residential, Recreational
Possible Use: Agricultural, Residential, Recreational

Lot Information
Lot Size Acres: 38.2
Lot Size Dimensions: See platt in documents
Lot Dimensions Source: Public Records
Lot Features: Adjacent To Public Land, Borders National Forest, Pasture, Wooded
Road Surface Type: Gravel
Waterfront Features: Pond
Zoning Description: Agriculture

Property Information
Has VIew
Below Grade Finished Area: 1,263
Above Grade Finished Area: 2,190

Financial

Tax Information
Annual Tax Amount: $2,717
Tax Year: 2019

Rental Information
Pets Allowed Details: Yes

Utilities

Utility Information
Utilities: Cellular Phone Reception, Electricity Available, High Speed Internet Available
Sewer: Septic Tank
Water Source: Shared Well

Heating & Cooling
Has Heating
Heating: Electric, Geothermal, Wood, Wood Stove

Location

HOA Information
Has Association
Association Name: Two Bear Ranch

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 2,780
Stories: 1.5
Lot Size: 38.2 acres
Style: Single Family Residential
Year Built: 2007
Year Renovated: 2007
County: Archuleta County
APN: 588727100020

Home facts updated by county records on Aug 17, 2026

Around this home

Schools

Pagosa Springs Middle School

Public 5-8 • Assigned • 8.5mi

7/10

Pagosa Springs High School

Public 9-12 • Assigned • 7.6mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

5/10 Fire Factor

6% chance of being in a wildfire in next 30 years

1/10 Heat Factor

7 days above 85° expected this year, 19 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Pagosa Springs, CO • 81147

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

88/ 100

Very good sunlight

Sunscore

There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.6 hrs

6.5 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.44M – $1.74M

Sell confidently with a local market expert in Pagosa Springs. 3 minutes to get started.

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New listings for sale in 81147

NEW 35 HRS AGO

$995,000

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NEW 1 DAY AGOVIDEO TOUR

$6,499,000

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$625,000

5 beds3 baths2,431 sq ft

145 Sundown Cir, Pagosa Springs, CO 81147

3D WALKTHROUGH

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3 beds2 baths1,625 sq ft

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2 beds2.5 baths1,305 sq ft

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3D WALKTHROUGH

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Home values near 704 Two Bear Dr

Data from public records.

Address	Redfin Estimate
250 Carrico Street, Pagosa Springs, CO 3 Beds \| 2 Baths \| 1232 Sq. Ft.	$327,657
9901 Highway 84 Unit A, Pagosa Springs, CO - Beds \| 1 Baths \| 800 Sq. Ft.	$645,665

Address	Redfin Estimate
9711 Highway 84, Pagosa Springs, CO 2 Beds \| 1 Baths \| 450 Sq. Ft.	$21,160
194 Carrico Street, Pagosa Springs, CO - Beds \| - Baths \| 192 Sq. Ft.	$215,287

Address	Redfin Estimate
344 Carrico Street, Pagosa Springs, CO 2 Beds \| 2 Baths \| 1768 Sq. Ft.	$720,118
150 Carrico Street, Pagosa Springs, CO 3 Beds \| 3 Baths \| 1700 Sq. Ft.	—

Property information provided by cren when last listed in 2023. This data may not match . Learn more.

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