1134 Parelli Institute Drive
Pagosa Springs, CO, 81147 $ 3,595,000
Bedrooms3 Baths2.1 Sq 2,724 Monthly Estimate*
$ 22,699
Listed by Fay Ranches Inc
for $3,595,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,724 square foot property was built in 1986 on a lot size of 130.29.
Discover an exceptional 130.299-acre equestrian property west of Pagosa Springs with stunning views of Pagosa Peak and the San Juan Mountains, all just minutes from the shopping, dining, and entertainment of Pagosa Springs. Bordering nearly 6,200 acres of San Juan National Forest, the ranch offers direct access to over 30 miles of riding trails. Designed for serious horse enthusiasts, the property features a 10-stall horse barn with a spacious tack room and pivoting saddle wall, a 100' x 230' covered arena with excellent footing, a 50' x 145' covered arena, large outdoor arena, round pens, horse wash areas, open-air panel horse stalls, and cattle shipping pens. The custom 3-bedroom, 2 1/2-bathroom home includes a new wood-burning fireplace insert, granite countertops, and attached office spaces with a private bathroom. Accommodations include 13 heated bunk cabins and a centrally located lodge featuring two upper-level bedroom suites, men's and women's restrooms, four showers, a commercial kitchen with in-floor radiant heat, and a walk-in cooler. Additional improvements include multiple office buildings, a mercantile building, and 24 RV hookups with water and electricity. Infrastructure is supported by a 10,000-gallon cistern and Domestic Well Permit #69088-F allowing up to 2.85 acre-feet of annual water use. Whether envisioned as a private ranch, equestrian facility, retreat center, guest operation, or event venue, this unique property combines extensive improvements, mountain scenery, and direct access to thousands of acres of public land in one remarkable offering.
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FeaturesInteriorInterior Amenities Built-in Features Ceiling Fan(s) Five Piece Bath Granite Counters Open Floorplan Primary Suite Walk-In Closet(s)
Flooring Tile Vinyl Wood
Total Fireplaces 1
Fireplace Features Living Room
Basement (Y/N) N
Above Grade Finished Area 2724
Half Baths 1
1/4 Baths 0
3/4 Baths 1
Total Bedrooms 3
Main Level Bedrooms 3
Main Level Bathrooms 3
Total Baths 3
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GeneralSewer Septic Tank
Heating Forced Air Propane
Cooling None
Utilities Electricity Connected Propane Sewer Connected
Roof Metal
Appliances Dishwasher Dryer Microwave Range Refrigerator Washer
Zoning AG
Garage Spaces 0
Patio/Porch Features Covered Front Porch
Architectural Style Mountain Contemporary
Construction Materials Frame
Exclusions Horse working flag and sprinkler towers in the large arena. Any personal items furniture decor. Tractor.
Year Built 1986
View Mountain(s) Valley
Levels One
Property Subtype Farm
Tax Year 2025
Ownership Corporation/Trust
Waterfront Features Pond
Additional Parcels Description contact listing agent
County Archuleta
Property Type Farm
HOA N
Attached Garage N
Subdivision Name none
Full Baths 1
Status Active
Directions From Pagosa Springs travel west on Hwy160 for approximately 7 miles. Turn left on Parelli Institute Dr. 1.2 miles the ranch will be on your left.
High School Pagosa Springs
City Pagosa Springs
Senior Community Y/N N
High School District Archuleta County 50 JT
Lot Size Units Acres
Lot Size Square Feet 5675432.4
Carport Spaces 2
Listing Terms Cash Conventional
Spa Features Bath
Elementary School Pagosa Springs
Tax Annual Amount 5246
Middle/Junior High School Pagosa Springs
Structure Type House
Standard Status Active
Middle/Junior School District Archuleta County 50 JT
Elementary School District Archuleta County 50 JT
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ExteriorExterior Amenities Lighting
Vegetation Brush Grassed Mixed Wooded
Fencing Partial
Lot Features Borders National Forest Borders Public Land
Water Source Cistern Well
Total Parking 2
Lot Size Area 130.29
Building Area Total 2724
Lot Dimensions 130.29
Lot Size Acres 130.29
Road Surface Type Gravel
Road Frontage Type Private Road Year Round
Road Responsibility Private Maintained Road
Horse Y/N Y
Horse Amenities Arena Corral(s) Pasture
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $22,699
- Monthly Property Taxes
- $437
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyFarm listings in Pagosa Springs, CO
Average List Price $7,547,500
Percent of Sale Price 110%
About Pagosa Springs, CO 1,737 Population
29% Since 2002
$ 42,767 Median Income
51.15 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
3043827 Elementary School
3043223 Middle School
Pagosa Springs High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/20/2026 | $3,595,000 | | Listed Price |