The former Club Wyndham Pagosa Springs portfolio, including Elk Run, Master’s Place, and Village Pointe, offers a rare opportunity to acquire fee-simple resort real estate in one of Colorado’s most desirable mountain markets. Located in Pagosa Springs within the San Juan Mountains, this hospitality collection features 70 resort units across 10 buildings with kitchens and scenic mountain or golf course views. The portfolio spans approximately 84,134 square feet, built between 1986 and 1990, over a land area of roughly 3.5 acres. Free of Club Wyndham branding and management agreements, these properties offer flexibility for redevelopment or repositioning into boutique lodging, luxury residences, or a mixed-use hospitality model. Pagosa Springs attracts year-round visitors through its renowned natural hot springs, direct access to Wolf Creek Ski Area, and proximity to the San Juan National Forest. A network of trails, lakes, and rivers enhances outdoor activities, while the nearby golf course, local boutiques, and dining contribute to its small-town appeal. With high barriers to new development and rising demand for leisure travel, these assets represent a compelling value proposition in a thriving resort destination.