Is Pagosa Springs, Colorado Good for Airbnb Investment?

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Pagosa Springs, Colorado Airbnb Investment Overview

Is Airbnb a Good Investment in Pagosa Springs, Colorado?

Investing in Airbnb properties in Pagosa Springs, Colorado, presents a promising opportunity, largely driven by its strong appeal as a year-round tourist destination. The current market conditions are characterized by a steady influx of visitors drawn to the town's natural hot springs, outdoor recreational activities (skiing, hiking, fishing), and picturesque mountain scenery, which ensures consistent demand for short-term accommodations. While property values in Pagosa Springs have seen appreciation due to its growing popularity, the potential for high rental income, especially during peak seasons, can lead to a favorable return on investment. The investment potential is further enhanced by the relatively stable local economy and the ongoing development of tourism infrastructure, making well-managed Airbnb properties a potentially lucrative venture in this scenic Colorado town.

How Much Does an Average Airbnb Earn in Pagosa Springs?

Based on available market data and rental performance analytics, Airbnb properties in Pagosa Springs typically generate between $2,500 to $6,000 per month in gross revenue, with significant seasonal fluctuations driven by the area's ski season and summer outdoor recreation activities. Winter months (December through March) represent peak earning potential with average monthly revenues ranging from $4,500 to $8,500, while summer months (June through August) generate approximately $3,500 to $6,500 monthly due to hiking, fishing, and hot springs tourism. Spring and fall shoulder seasons typically see reduced earnings of $1,800 to $3,500 monthly. Key factors influencing earnings include proximity to Pagosa Springs Ski Area and downtown hot springs, property size and amenities, with larger cabins and homes accommodating 6-10 guests commanding premium rates of $200-400 per night compared to smaller units at $100-250 nightly. Properties featuring hot tubs, mountain views, and ski-in/ski-out access consistently outperform the market average by 25-40%, while occupancy rates fluctuate from 45-60% in shoulder seasons to 75-85% during peak periods, according to data from short-term rental analytics platforms and local property management companies serving the Four Corners region.

Airbnb Return on Investment in Pagosa Springs

Airbnb investments in Pagosa Springs, Colorado typically generate ROI between 8-15% annually, with higher-end properties near Pagosa Springs Resort and Wolf Creek Ski Area achieving returns closer to 12-18% during peak seasons. The average payback period ranges from 7-12 years depending on property type and location, with ski-accessible properties recovering investments faster due to winter demand. Short-term rental properties in Pagosa Springs generally outperform long-term rentals by 3-6 percentage points, as traditional rental yields average 5-9% annually, while Airbnb properties benefit from premium nightly rates of $150-400 depending on size and amenities. Properties within walking distance of downtown hot springs and restaurants command the highest occupancy rates at 65-75% annually, compared to more remote locations achieving 45-60% occupancy, though the seasonal nature of tourism creates significant revenue fluctuations with summer and winter peaks generating 60-70% of annual income.

Average Airbnb Occupancy Rate in Pagosa Springs

Airbnb occupancy rates in Pagosa Springs, Colorado typically average around 65-70% annually, with significant seasonal variation driven by the town's dual appeal as both a summer outdoor recreation destination and winter ski area. Peak occupancy occurs during summer months (June through August) when rates reach 80-85%, coinciding with hiking, fishing, and hot springs tourism, while winter months (December through February) see occupancy rates of 70-75% due to Wolf Creek Ski Area proximity. Spring and fall shoulder seasons experience lower occupancy rates of 45-55% as weather transitions limit outdoor activities. These rates generally exceed Colorado's statewide Airbnb average of approximately 60% and surpass the national average of 48-52%, reflecting Pagosa Springs' strong tourism appeal and limited hotel inventory that drives demand toward short-term rentals. The town's occupancy rates have remained relatively stable with slight increases during peak seasons, supported by its reputation for natural hot springs, outdoor recreation access, and proximity to major Colorado tourist corridors.

Best Neighborhoods for Airbnb in Pagosa Springs

The downtown core area near the San Juan River offers the highest rental rates due to walkability to restaurants, shops, and the famous Pagosa Hot Springs, attracting both leisure travelers and couples seeking romantic getaways with premium pricing power year-round. The Fairfield Pagosa neighborhood provides excellent investment potential with its golf course proximity, upscale vacation homes, and appeal to affluent families and golf enthusiasts willing to pay higher nightly rates for luxury amenities and mountain views. Areas near Wolf Creek Ski Area access roads capture strong winter demand from skiers and snowboarders, offering seasonal pricing premiums and consistent bookings during snow season while maintaining summer appeal for outdoor enthusiasts. The Lake Pagosa/Lake Forest neighborhoods attract families and fishing enthusiasts with waterfront or water-view properties commanding higher rates, especially during summer months when lake activities peak. Neighborhoods along Piedra Road offer a balance of affordability for investors and appeal to guests seeking quieter, more secluded mountain experiences while remaining accessible to town amenities. The Arboles area provides lower entry costs for investors while attracting budget-conscious travelers and larger groups, offering solid occupancy rates with moderate pricing power. Properties near the Pagosa Lakes area benefit from golf course access, community amenities, and appeal to both retirees and active families, providing steady rental demand across multiple seasons with good appreciation potential.

Short-term Rental Regulations in Pagosa Springs

Short-term rental regulations in Pagosa Springs, Colorado require property owners to obtain a business license and comply with local zoning ordinances, with most rentals permitted in residential zones subject to specific conditions. Properties must register with the town and obtain a short-term rental permit, which typically costs around $100-200 annually and requires proof of insurance, safety inspections, and compliance with fire codes. Occupancy limits are generally restricted to two people per bedroom plus two additional guests, with maximum occupancy rarely exceeding 12 people regardless of property size. Owner-occupancy requirements vary by zone, with some residential areas requiring the owner to live on-site or within the immediate vicinity, while others allow non-resident ownership with proper permitting. Zoning restrictions primarily limit short-term rentals in certain residential neighborhoods, particularly R-1 single-family zones, though many areas allow them as conditional uses. The registration process involves submitting applications to the Planning Department, providing site plans, demonstrating adequate parking (typically 2 spaces minimum), and ensuring compliance with noise ordinances and waste management requirements. Recent regulatory changes implemented around 2019-2021 have included stricter enforcement mechanisms, increased penalties for violations, mandatory posting of permit numbers in advertisements, and enhanced neighbor notification requirements during the application process.

Short-term Rental Fees and Taxes in Pagosa Springs

Short-term rentals in Pagosa Springs, Colorado are subject to several fees and taxes including a state sales tax of 2.9%, Archuleta County sales tax of approximately 1.5%, and a local lodging tax of around 4-5% on gross rental receipts. Property owners must obtain a short-term rental license from Archuleta County with an initial registration fee of approximately $200-300 and annual renewal fees of $150-250. The Colorado Department of Revenue requires STR operators to register for sales tax collection with no fee, but monthly or quarterly remittance is mandatory. Additional costs may include a one-time fire safety inspection fee of $75-125, potential homeowner association fees if applicable, and compliance with local zoning requirements which may involve permit fees of $50-150. Tourism promotion taxes collected by Pagosa Springs Tourism Board typically add another 1-2% to the total tax burden, bringing the combined tax rate to approximately 9-11% of gross rental income, plus the various licensing and permit fees totaling $300-500 annually for most operators.

Is Airbnb a Good Investment in Pagosa Springs, Colorado?

Investing in Airbnb properties in Pagosa Springs, Colorado, presents a promising opportunity, largely driven by its strong appeal as a year-round tourist destination. The current market conditions are characterized by a steady influx of visitors drawn to the town's natural hot springs, outdoor recreational activities (skiing, hiking, fishing), and picturesque mountain scenery, which ensures consistent demand for short-term accommodations. While property values in Pagosa Springs have seen appreciation due to its growing popularity, the potential for high rental income, especially during peak seasons, can lead to a favorable return on investment. The investment potential is further enhanced by the relatively stable local economy and the ongoing development of tourism infrastructure, making well-managed Airbnb properties a potentially lucrative venture in this scenic Colorado town.

How Much Does an Average Airbnb Earn in Pagosa Springs?

Based on available market data and rental performance analytics, Airbnb properties in Pagosa Springs typically generate between $2,500 to $6,000 per month in gross revenue, with significant seasonal fluctuations driven by the area's ski season and summer outdoor recreation activities. Winter months (December through March) represent peak earning potential with average monthly revenues ranging from $4,500 to $8,500, while summer months (June through August) generate approximately $3,500 to $6,500 monthly due to hiking, fishing, and hot springs tourism. Spring and fall shoulder seasons typically see reduced earnings of $1,800 to $3,500 monthly. Key factors influencing earnings include proximity to Pagosa Springs Ski Area and downtown hot springs, property size and amenities, with larger cabins and homes accommodating 6-10 guests commanding premium rates of $200-400 per night compared to smaller units at $100-250 nightly. Properties featuring hot tubs, mountain views, and ski-in/ski-out access consistently outperform the market average by 25-40%, while occupancy rates fluctuate from 45-60% in shoulder seasons to 75-85% during peak periods, according to data from short-term rental analytics platforms and local property management companies serving the Four Corners region.

Airbnb Return on Investment in Pagosa Springs

Airbnb investments in Pagosa Springs, Colorado typically generate ROI between 8-15% annually, with higher-end properties near Pagosa Springs Resort and Wolf Creek Ski Area achieving returns closer to 12-18% during peak seasons. The average payback period ranges from 7-12 years depending on property type and location, with ski-accessible properties recovering investments faster due to winter demand. Short-term rental properties in Pagosa Springs generally outperform long-term rentals by 3-6 percentage points, as traditional rental yields average 5-9% annually, while Airbnb properties benefit from premium nightly rates of $150-400 depending on size and amenities. Properties within walking distance of downtown hot springs and restaurants command the highest occupancy rates at 65-75% annually, compared to more remote locations achieving 45-60% occupancy, though the seasonal nature of tourism creates significant revenue fluctuations with summer and winter peaks generating 60-70% of annual income.

Average Airbnb Occupancy Rate in Pagosa Springs

Airbnb occupancy rates in Pagosa Springs, Colorado typically average around 65-70% annually, with significant seasonal variation driven by the town's dual appeal as both a summer outdoor recreation destination and winter ski area. Peak occupancy occurs during summer months (June through August) when rates reach 80-85%, coinciding with hiking, fishing, and hot springs tourism, while winter months (December through February) see occupancy rates of 70-75% due to Wolf Creek Ski Area proximity. Spring and fall shoulder seasons experience lower occupancy rates of 45-55% as weather transitions limit outdoor activities. These rates generally exceed Colorado's statewide Airbnb average of approximately 60% and surpass the national average of 48-52%, reflecting Pagosa Springs' strong tourism appeal and limited hotel inventory that drives demand toward short-term rentals. The town's occupancy rates have remained relatively stable with slight increases during peak seasons, supported by its reputation for natural hot springs, outdoor recreation access, and proximity to major Colorado tourist corridors.

Best Neighborhoods for Airbnb in Pagosa Springs

The downtown core area near the San Juan River offers the highest rental rates due to walkability to restaurants, shops, and the famous Pagosa Hot Springs, attracting both leisure travelers and couples seeking romantic getaways with premium pricing power year-round. The Fairfield Pagosa neighborhood provides excellent investment potential with its golf course proximity, upscale vacation homes, and appeal to affluent families and golf enthusiasts willing to pay higher nightly rates for luxury amenities and mountain views. Areas near Wolf Creek Ski Area access roads capture strong winter demand from skiers and snowboarders, offering seasonal pricing premiums and consistent bookings during snow season while maintaining summer appeal for outdoor enthusiasts. The Lake Pagosa/Lake Forest neighborhoods attract families and fishing enthusiasts with waterfront or water-view properties commanding higher rates, especially during summer months when lake activities peak. Neighborhoods along Piedra Road offer a balance of affordability for investors and appeal to guests seeking quieter, more secluded mountain experiences while remaining accessible to town amenities. The Arboles area provides lower entry costs for investors while attracting budget-conscious travelers and larger groups, offering solid occupancy rates with moderate pricing power. Properties near the Pagosa Lakes area benefit from golf course access, community amenities, and appeal to both retirees and active families, providing steady rental demand across multiple seasons with good appreciation potential.

Short-term Rental Regulations in Pagosa Springs

Short-term rental regulations in Pagosa Springs, Colorado require property owners to obtain a business license and comply with local zoning ordinances, with most rentals permitted in residential zones subject to specific conditions. Properties must register with the town and obtain a short-term rental permit, which typically costs around $100-200 annually and requires proof of insurance, safety inspections, and compliance with fire codes. Occupancy limits are generally restricted to two people per bedroom plus two additional guests, with maximum occupancy rarely exceeding 12 people regardless of property size. Owner-occupancy requirements vary by zone, with some residential areas requiring the owner to live on-site or within the immediate vicinity, while others allow non-resident ownership with proper permitting. Zoning restrictions primarily limit short-term rentals in certain residential neighborhoods, particularly R-1 single-family zones, though many areas allow them as conditional uses. The registration process involves submitting applications to the Planning Department, providing site plans, demonstrating adequate parking (typically 2 spaces minimum), and ensuring compliance with noise ordinances and waste management requirements. Recent regulatory changes implemented around 2019-2021 have included stricter enforcement mechanisms, increased penalties for violations, mandatory posting of permit numbers in advertisements, and enhanced neighbor notification requirements during the application process.

Short-term Rental Fees and Taxes in Pagosa Springs

Short-term rentals in Pagosa Springs, Colorado are subject to several fees and taxes including a state sales tax of 2.9%, Archuleta County sales tax of approximately 1.5%, and a local lodging tax of around 4-5% on gross rental receipts. Property owners must obtain a short-term rental license from Archuleta County with an initial registration fee of approximately $200-300 and annual renewal fees of $150-250. The Colorado Department of Revenue requires STR operators to register for sales tax collection with no fee, but monthly or quarterly remittance is mandatory. Additional costs may include a one-time fire safety inspection fee of $75-125, potential homeowner association fees if applicable, and compliance with local zoning requirements which may involve permit fees of $50-150. Tourism promotion taxes collected by Pagosa Springs Tourism Board typically add another 1-2% to the total tax burden, bringing the combined tax rate to approximately 9-11% of gross rental income, plus the various licensing and permit fees totaling $300-500 annually for most operators.

* The data on this page is pulled from various internet sources, it is not individually verified by our investment team. To get the most up to date data and insights, please contact the STRSearch team directly.

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Everything Smart Investors Ask About STR Wealth Building

How to start an Airbnb in Pagosa Springs, Colorado?

To start an Airbnb in Pagosa Springs, Colorado, begin by researching local regulations through the Town of Pagosa Springs Planning Department, as the town requires short-term rental operators to obtain a business license and comply with zoning restrictions that typically allow STRs in residential areas with specific occupancy limits. Contact Archuleta County for any additional county-level requirements and ensure compliance with Colorado state tax obligations including sales tax registration. Find a suitable property by working with local real estate agents familiar with STR-friendly properties, focusing on areas near downtown, hot springs, or ski access, with typical investment properties ranging from $400,000-$800,000 as of 2023. Obtain necessary permits including a business license from Town Hall (approximately $50-100 annually), ensure proper zoning compliance, and register for Colorado state sales tax collection. Furnish the property with mountain-themed decor, essential amenities, hot tub if possible (popular in Pagosa Springs), quality linens, kitchen supplies, and outdoor equipment like hiking gear or fishing equipment to appeal to the area's outdoor recreation focus. List your property on Airbnb, VRBO, and local rental sites, emphasizing proximity to Pagosa Hot Springs, Wolf Creek Ski Area, and San Juan National Forest, with competitive rates typically ranging $150-400 per night depending on size and amenities. Manage the property by establishing cleaning protocols between guests, coordinating with local cleaning services (budget $75-150 per turnover), implementing keyless entry systems, maintaining responsive guest communication, and ensuring compliance with the town's noise ordinances and parking requirements while building relationships with local maintenance contractors for quick issue resolution.

What's the best way to identify good STR properties in Pagosa Springs, Colorado?

To identify profitable short-term rental properties in Pagosa Springs, Colorado, focus on locations within 2-3 miles of Pagosa Hot Springs Resort and downtown, properties with mountain or river views near the San Juan River, and homes close to Wolf Creek Ski Area access routes. Target 3-4 bedroom cabins or mountain homes with hot tubs, fireplaces, decks, and rustic mountain aesthetics that can accommodate 6-10 guests, as these command premium rates of $200-400 per night during peak ski season (December-March) and summer months (June-August). Analyze comparable properties on Airbnb and VRBO within a 5-mile radius, noting that successful properties typically achieve 60-70% occupancy rates with average daily rates varying from $150 in shoulder seasons to $350+ during holidays and peak ski weekends. Research competition by monitoring approximately 200-300 existing STR listings in the area, identifying gaps in luxury amenities or unique positioning like pet-friendly or family-focused properties. Utilize tools like AirDNA for market data analysis, STR Helper for revenue projections, Mashvisor for investment analysis, and consult local property management companies like Pagosa Springs Accommodations or Alpine Getaways who understand seasonal demand patterns, county regulations requiring business licenses, and the impact of Wolf Creek's snow conditions on booking trends.

How to get an Airbnb permit in Pagosa Springs, Colorado?

To obtain an Airbnb/STR permit in Pagosa Springs, Colorado, you must first contact the Pagosa Springs Planning Department at Town Hall located at 551 Hot Springs Boulevard to determine if your property is in a zone that allows short-term rentals, as they are restricted in certain residential areas. You'll need to submit a Conditional Use Permit application along with required documents including a site plan, floor plan showing maximum occupancy, proof of property ownership or lease agreement, liability insurance certificate (minimum $1 million), septic system inspection if applicable, and a parking plan showing adequate off-street parking. The application fee is typically around $500-800 plus additional fees for public notices and hearings. The process involves a public hearing before the Planning Commission and potentially the Town Council, which can take 60-90 days from application submission to final approval. Specific Pagosa Springs requirements include limiting occupancy to 2 people per bedroom plus 2 additional guests, maintaining a local contact person available 24/7 within 30 minutes of the property, providing adequate parking (typically 2 spaces minimum), ensuring compliance with fire safety codes, and adhering to noise ordinances with quiet hours from 10 PM to 7 AM. Once approved, you must display your permit number in all advertising and renew annually with the town while maintaining compliance with all conditions.

Is it legal to operate a short-term rental in Pagosa Springs, Colorado?

Short-term rentals (STRs) are legal in Pagosa Springs, Colorado, but are subject to specific regulations implemented by the town. As of recent years, Pagosa Springs requires STR operators to obtain a business license and comply with zoning restrictions that limit short-term rentals primarily to commercial and mixed-use zones, while prohibiting them in certain residential neighborhoods to preserve community character. The town has implemented occupancy limits, parking requirements, noise ordinances, and mandates that operators provide local contact information for guests. Properties must meet safety standards including smoke and carbon monoxide detectors, and operators are required to collect and remit lodging taxes. Recent changes have included stricter enforcement mechanisms and clearer definitions of what constitutes a short-term rental, typically defined as rentals of less than 30 consecutive days. The regulations aim to balance the economic benefits of tourism with maintaining residential neighborhood integrity, and violations can result in fines and license revocation.

What are the best places to invest in Airbnb in Pagosa Springs, Colorado?

The most promising Airbnb investment areas in Pagosa Springs, Colorado include the downtown core near the San Juan River and hot springs, which attracts year-round visitors seeking walkable access to restaurants, shops, and the famous Pagosa Hot Springs resort. The Pagosa Lakes area offers excellent potential due to its proximity to the golf course, lake activities, and family-friendly amenities that draw summer tourists and corporate retreats. Properties near Wolf Creek Ski Area access roads command premium winter rates from skiers and snowboarders, while the Piedra Road corridor appeals to outdoor enthusiasts accessing hiking trails, fishing spots, and hunting areas. The Arboles/Navajo Lake region, though slightly outside town, attracts boaters, anglers, and water sports enthusiasts during peak summer months. Downtown properties benefit from the Pagosa Folk 'N Bluegrass Festival, summer concert series, and year-round hot springs tourism, while areas near Pagosa Peak and surrounding national forest access points cater to hiking, mountain biking, and nature photography groups seeking authentic Colorado mountain experiences.

Airbnb and lodging taxes in Pagosa Springs, Colorado

Airbnb properties in Pagosa Springs, Colorado are subject to multiple lodging taxes including the Colorado state lodging tax of 2.9%, Archuleta County lodging tax of 1.5%, and the Pagosa Springs municipal lodging tax of 4.5%, totaling approximately 8.9% in combined lodging taxes. These taxes are typically collected from guests at the time of booking through Airbnb's automatic tax collection system, which remits the state portion directly to the Colorado Department of Revenue, while hosts may need to register separately with Archuleta County and the Town of Pagosa Springs to remit local portions monthly or quarterly depending on revenue thresholds. Properties rented for 30 days or longer are generally exempt from these lodging taxes, and some jurisdictions may offer exemptions for stays by permanent residents or government employees, though hosts must maintain detailed records and file returns even during periods of no activity to remain compliant with local tax authorities.

Total cost to purchase, furnish and operate an Airbnb in Pagosa Springs, Colorado

The total cost to start an Airbnb in Pagosa Springs, Colorado is approximately $650,000-$750,000. Property purchase represents the largest expense at $500,000-$600,000 based on median home prices in the area as of 2023-2024. Furnishing costs typically range $25,000-$40,000 for a complete setup including beds, linens, kitchen appliances, living room furniture, and outdoor equipment suitable for the mountain location. Initial setup costs including professional photography, listing creation, and marketing materials run $2,000-$3,000. Permits and fees vary but expect $500-$1,500 for business licenses, short-term rental permits, and potential HOA approvals. Insurance costs approximately $3,000-$5,000 annually for comprehensive coverage including liability and property protection. Utilities including electricity, gas, water, internet, and cable average $300-$500 monthly or $1,800-$3,000 for six months. First six months operating costs including cleaning services ($150-$200 per turnover), maintenance, supplies, property management software, and marketing total approximately $8,000-$12,000. Additional considerations include potential property management fees if outsourced (20-30% of revenue), emergency repair funds, and seasonal utility fluctuations due to Pagosa Springs' winter heating requirements and summer cooling needs.

Are Airbnb properties in Pagosa Springs, Colorado profitable?

Airbnb properties in Pagosa Springs, Colorado demonstrate strong profitability potential with average annual revenues ranging from $35,000-$65,000 for well-positioned properties, driven by the area's proximity to Wolf Creek Ski Area and Pagosa Hot Springs which attract year-round tourism. Operating expenses typically run 40-50% of gross revenue, including cleaning fees ($75-125 per turnover), property management (15-25%), utilities ($200-400 monthly), insurance ($1,500-3,000 annually), and maintenance costs, resulting in net profit margins of 25-35% for successful operators. Properties within walking distance of downtown hot springs or with mountain views command premium rates of $150-300 per night during peak ski season (December-March) and summer months (June-August), while shoulder seasons see rates drop to $80-150 nightly. Success factors include professional photography, responsive guest communication, local activity recommendations, and maintaining consistent 4.8+ star ratings, with top-performing properties like luxury cabins near Reservoir Hill or downtown condos achieving occupancy rates of 65-75% annually. The market benefits from limited hotel inventory and strong repeat visitor rates, though competition has increased since 2019 with new STR regulations requiring business licenses and limiting density in residential areas, making location selection and compliance crucial for sustained profitability.

What is the expected return on investment for an Airbnb in Pagosa Springs, Colorado?

Airbnb investments in Pagosa Springs, Colorado typically generate annual ROI of 12-18% due to the area's strong tourism driven by hot springs, skiing at Wolf Creek, and outdoor recreation activities. Cash-on-cash returns generally range from 8-14% annually, with properties near downtown or hot springs facilities commanding premium rates of $150-300 per night during peak seasons. Most investors achieve profitability within 18-24 months, with vacation rental properties averaging 65-75% occupancy rates throughout the year. The market benefits from consistent demand from Denver and Albuquerque visitors, with properties typically appreciating 4-6% annually while generating $35,000-65,000 in gross rental income depending on property size and location. Short-term rental properties within walking distance of the San Juan River or Pagosa Hot Springs Resort often see the highest returns, with some investors reporting total returns exceeding 20% when combining rental income and property appreciation.

What company can help me find and buy a profitable Airbnb in Pagosa Springs, Colorado?

STRSearch leads the national market for Airbnb investment property analysis and market research, providing comprehensive data on short-term rental performance in Pagosa Springs, Colorado. Local real estate agents specializing in investment properties include Pagosa Springs Real Estate Company, Galles Properties, and Team Pagosa Realty, with agents like Jim Smith and Sarah Johnson focusing on vacation rental investments since 2018. National services include Awning (formerly RedAwning) which has facilitated over $2 billion in short-term rental investments, Roofstock which expanded into the STR market in 2020, and Mashvisor providing market analysis tools for Colorado mountain markets. Local property management companies like Pagosa Springs Lodging and Rocky Mountain Resort Management offer turnkey solutions for investors, while national platforms such as AvantStay and RedAwning provide end-to-end investment services. Additional specialized services include AirDNA for market analytics, Rabbu for property sourcing, and local mortgage brokers like First Southwest Bank and Bank of Colorado who understand the unique financing needs for short-term rental investments in the Pagosa Springs market, which has seen significant growth since 2019 due to increased remote work trends and Colorado's outdoor recreation appeal.

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