Founded in 1994, CB Miraflores played its first years in the provincial league of Burgos. Its professional team was created in August 2015 with the aim to replace
CB Tizona, which could not promote to
Liga ACB at the end of the
2014–15 season, as the main club of the city. On 28 August 2015, after the resignation of Tizona to continue playing in the league for focusing their efforts in their trial against the ACB, the club was admitted in
LEB Oro. Miraflores set the successful
Baskonia as a model of sports management. In its second season, the club qualified for the
Copa Princesa de Asturias and promoted to
Liga ACB on 10 June 2017, after winning the
promotion playoffs without losing any game. Miraflores achieved the fourth promotion for the city of Burgos in five years after the two times of
CB Atapuerca in 2013 and 2014 and
CB Tizona in 2016; but no one of them finally could meet the requirements for playing in the top tier. With the admission in the new league, Miraflores moved from
Polideportivo El Plantío, with only 2,500 seats, to the
Coliseum Burgos, that has a capacity for 9,500 people. The club achieved its first victory in the top league on 11 November 2017, after seven consecutive losses, by beating
UCAM Murcia at home, by 89–86, and finished their debut season in the 14th position with 13 wins out of 34 matches.
Back-to-back Champions League titles (2020–2022) Two years later, Miraflores made its debut in European competitions by defeating
Kyiv-Basket in the second qualifying round of the
2019–20 Basketball Champions League. After advancing to the regular season and later playoffs, Burgos qualified for the
Final Eight. Played in
Athens, San Pablo Burgos defeated the host team
AEK in the
final by 85–74. The team was crowned BCL champions, just five years after the professional club had been established.
Thad McFadden, who scored 18 points in the final, was awarded the
Final Eight MVP award. As the winners of the BCL, Burgos represented Europe in the
2021 FIBA Intercontinental Cup, where it defeated Argentine club
Quimsa in
Buenos Aires to win the world club title. Burgos won the game 85-73, behind star point guard
Vítor Benite who added 19 points and claimed the tournament's MVP award. The following season, the
2020–21, Burgos had another impressive run after qualifying for the
Final Eight with a 9–3 record in the first two group phases. On May 9, Burgos won its second Champions League title after winning the
final in
Nizhny Novgorod, defeating Turkish club
Karşıyaka 64–59.
Vítor Benite was named the league's final stage MVP. As winners of another Champions League, the team also qualified for a second Intercontinental Cup in
2022. During the
2021–22 ACB season, Miraflores struggled from a lack of coaching; three coaches were signed during the season to find a way to avoid relegation. However, they ended 18th and were relegated to
LEB Oro for the following season and it might be a end of the European glory. Miraflores returned to
Liga ACB after a three-year hiatus in the Spanish second division. In the
2024–25 Primera FEB season, the team promoted as a top seed. == Sponsorship naming ==