Big price reduction! Not your cookie cutter house, this well built home of 2,028 square feet with 3 bedrooms, has great potential and is waiting for someone to love it. Situated on 1.5 lots, the location is a block off Lake Pagosa for kayaking, fishing and ice skating. The main level features a very large living area with enormous wood burning, rock-faced fireplace, dining area with a view of the fenced backyard, galley style kitchen with breakfast nook, mud room and a full bath. The upper level has 3 bedrooms and 1 full bathroom. The master bedroom, with sitting area (possible office space) and one guest bedroom have direct access to the large, covered, wrap-around balcony. Yes, there is deferred maintenance to be done and updating needed but for the visionary wanting a good deal at only $128 a square foot, look no further. Close to National Forest and all shopping and dining opportunities.