704 Two Bear Drive, Pagosa Springs, Colorado, United States. - Hero Image
704
Two Bear Drive
Pagosa Springs | Colorado

A Vision of

Frontier Dreams

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Mike Heraty
Mike Heraty
Presented At
$1,999,000
Bedrooms
3
Bathrooms
2
Living
3,453
SQFT
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704 Two Bear Drive, Pagosa Springs, Colorado, United States. , Pagosa Springs , Colorado

Two Bear Ranch - Pagosa Springs, Colorado

Two Bear Ranch – Your Private Mountain Retreat If you’ve been searching for a property where privacy and recreation come together, welcome to Two Bear Ranch. Set within a 250-acre gated community with only three residences, this home offers unmatched seclusion — you won’t see another roofline from your deck. Bordered on two sides by 133,000 acres of National Forest, the adventure begins right outside your door with endless hiking and game trails. The log-and-timber home is in pristine condition, with newly sealed exterior, fresh paint and abundant natural light enhanced by a professionally thinned forest setting. The main floor features a primary suite, while the upper level provides additional guest space. The fully finished walkout lower level includes a family room perfect for a media or game area, and flexible space for gear storage, a fitness room, or home office. This space even has potential to be converted to a guest studio perfect for visitors, family or even multigenerational living. Outdoor living is year-round with covered Trex decks front and back, a hot tub to unwind after a day of skiing or fishing, and a firepit for gathering under the stars. The nearly new 1,500 sq. ft. shop with roll-up doors is ready for your equipment, vehicles, and toys — or could even be converted into an indoor Pickleball court. A small pond attracts deer, fawns, and the occasional bear, creating a true sportsman’s paradise. Efficient heating, solar gain, and a wood stove keep things comfortable, while the community provides central water and year-round road maintenance. Less than 15 minutes from Historic Pagosa Springs, home to World-Famous Hot Springs, the San Juan River, mountain shops and an abundance of restaurants. Pickleball your thing? 8 brand-new courts will have you meeting locals and vacationer alike. Wolf Creek Ski Area is less than 40 minutes away – full of powder, without the crowds, think fresh tracks for days. Pagosa Medical Center is nearby, and private air service is easily accessed at Stevens Field or commercial service is available an hour away Durango Airport with flights to Denver, Phoenix, Dallas and Houston. Two Bear Ranch isn’t just a home — it’s a lifestyle of privacy, adventure, and mountain living at its best.

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Map showing 704 Two Bear Drive, Pagosa Springs, Colorado, United States.

Property Location

704 Two Bear Drive, Pagosa Springs, Colorado, United States., Pagosa Springs Colorado

Local Weather & Climate

Pagosa Springs, Colorado

Current Conditions Updated recently
61 °F
Broken clouds
Feels Like 58°F
Humidity 29%
Wind 5 mph
Visibility 6.2 mi
Sunrise 1:15 PM
Sunset 1:16 AM
5-Day Forecast
Tue 17 Mar
Clouds
High 61°
Low 61°
Wed 18 Mar
Clouds
High 75°
Low 40°
Thu 19 Mar
Clouds
High 75°
Low 45°
Fri 20 Mar
Clear
High 78°
Low 47°
Sat 21 Mar
Clear
High 77°
Low 49°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Pagosa Springs?

Walkability and transit scores for this address come from the EPA National Walkability Index.

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Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (United States)
$0 Est. First Year Interest Deduction
$0 Est. Annual Tax Savings
*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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  • Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Frequently Asked Questions

Common questions about this property

This house at 704 Two Bear Drive, Pagosa Springs, Colorado, United States features 3 bedrooms with 3,453 square feet of living space.
This property offers 3,453 square feet of living space.
This property is listed at $199,900,000, which equals $57892 per square foot.
This is a house located in Pagosa Springs, Colorado. The property is situated in an established neighborhood with convenient access to local amenities and services.
Mike Heraty

Mike Heraty

Engel & Völkers Pagosa Springs

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