Fixer-Upper with Million-Dollar-Views---3 Bed 2 Bath in Warm Springs, Fairplay, CO. Set on a generous 1.5-acre parcel in the gated community of Warm Springs, this home offers a rare blend of privacy, potential and jaw-dropping scenery. With unobstructed views of the alpine peaks and open meadows, the property is a canvas for your dream retreat - whether you are seeking a weekend retreat or a full-time mountain lifestyle. The home itself is a true fixer upper, ready for renovation and vision. The main living area features vaulted ceilings and large windows that frame the landscape like a painting. The fireplace adds rustic charm and warmth, while the open layout invites customization. The kitchen and bathroom are functional but dated, offering a blank slate for upgrades. With an abundance of deck space available, the outdoor living space brings you even closer to nature. The property offers plenty of usable land with room for expansion, garage or workshop. Being close to the historic mining town of Fairplay offers the perfect blend of quiet mountain living and close by amenities. World class skiing, hiking and fishing are not far off either. Whether you are looking for that fix and flip opportunity or you want to create the beautiful mountain home you have been waiting for, this could be the place for you.
Pending
$449,900
1159 Sheep Ridge Rd, Fairplay, CO 80440
3beds
2,040sqft
Est.:
Single Family Residence
Built in 1983
1.5 Acres Lot
$436,500 Zestimate®
$221/sqft
$140/mo HOA
What's special
Jaw-dropping sceneryAbundance of deck spaceVaulted ceilingsLarge windowsOpen layout
- 134 days |
- 22 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: October 16, 2025 at 10:27am
Listed by:
Megan E. Sharp (310)924-2386,
Bristlecone Realty Group
Source: Altitude Realtors,MLS#: S1062389
Originating MLS: Summit Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
Bedroom
- Level: Upper
Bedroom
- Level: Upper
Other
- Level: Upper
Other
- Level: Main
Heating
- Natural Gas
Appliances
- Included: Dryer, Electric Range, Oven, Refrigerator, Washer, Washer/Dryer
Features
- Wood Burning Stove
- Flooring: Tile, Wood
- Basement: Unfinished
- Fireplace features: Wood Burning Stove
Interior area
- Total interior livable area: 2,040 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Has view: Yes
- View description: Meadow, Mountain(s)
Lot
- Size: 1.5 Acres
- Features: See Remarks
Details
- Parcel number: 38580
- Zoning description: Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Roof: Metal
Condition
- Resale
- Year built: 1983
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop, Shared Well, Well
- Utilities for property: Electricity Available, Trash Collection, Septic Available
Community & HOA
Community
- Features: See Remarks, Gated
- Subdivision: Warm Springs
HOA
- Has HOA: Yes
- HOA fee: $1,680 annually
Location
- Region: Fairplay
Financial & listing details
- Price per square foot: $221/sqft
- Tax assessed value: $527,578
- Annual tax amount: $1,442
- Date on market: 8/30/2025
- Exclusions: No
- Road surface type: Dirt
Estimated market value
$436,500
$415,000 - $458,000
$2,395/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2025 | Pending sale | $449,900$221/sqft |
Source: | ||
| 8/30/2025 | Listed for sale | $449,900+104.5%$221/sqft |
Source: | ||
| 6/27/2008 | Sold | $220,000$108/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,990 +4.6% | $35,350 +8% |
| 2024 | $1,903 +94.9% | $32,730 -11% |
| 2023 | $976 +5.2% | $36,760 +141% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,554/mo
Principal & interest
$2130
Home insurance
$157
Other costs
$267
Climate risks
Neighborhood: 80440
Nearby schools
GreatSchools rating
- 4/10Edith Teter Elementary SchoolGrades: PK-5Distance: 5.6 mi
- 6/10Silverheels Middle SchoolGrades: 6-8Distance: 5.6 mi
- 4/10South Park High SchoolGrades: 9-12Distance: 5.6 mi
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