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For sale
$750,000
3beds
2,528sqft

1499 Sheep Ridge Road, Fairplay, CO 80440

3beds
2,528sqft
Single family residence
Built in 2006
1.05 Acres
Attached garage
$297 price/sqft
$140/mo HOA

What's special

Private drivewayTwo-car attached garageUpdated kitchenOpen-concept layoutBonus roomTwo new high-efficiency fireplaces

Escape to the aspens in this beautifully designed mountain home located in the gated community of Warm Springs Ranch. Surrounded by nature and stunning views, this property offers the perfect blend of privacy, comfort, and rental-friendly features, ideal as a short-term rental, vacation home, or primary residence. Built with a specially engineered passive solar design, the home stays warm and energy-efficient through the winter months. The open-concept layout features 3 bedrooms, 3 bathrooms, plus a bonus room, allowing for flexible sleeping arrangements and strong guest appeal. Floor-to-ceiling windows flood the great room with natural light, while a new fireplace creates a cozy gathering space after a day of mountain adventures. The updated kitchen and flooring deliver a modern mountain feel. Additional highlights include two new high-efficiency fireplaces, a two-car attached garage, a private driveway, and a large deck perfect for entertaining and enjoying the surroundings. Select furnishings, including the main-level couch and bunk beds, making this an excellent turn-key opportunity. Warm Springs Ranch HOA offers community water, road maintenance, clubhouse access, fishing ponds, and hiking trails, adding ease of ownership and guest amenities. Whether you’re looking for an income-producing rental or your own mountain escape, this home delivers on location, layout, and lifestyle. Don’t miss this opportunity to own in one of the area’s most desirable gated communities.

214 days
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225
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11
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Source: Altitude Realtors,MLS#: S1066056MLS LogoOriginating MLS: Summit Association of Realtors
Travel times

Living Room

Kitchen

Primary Bedroom

Zillow last checked:

Listing updated:

Listed by:

Amy Smits amy@TheSmitsTeam.com,

eXp Realty LLC - Resort Experts,

Taylor Sinclair 949-351-8565,

eXp Realty LLC - Resort Experts

Source: Altitude Realtors,MLS#: S1066056MLS LogoOriginating MLS: Summit Association of Realtors

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
Heating
  • Propane, Passive Solar, See Remarks
Appliances
  • Included: Cooktop, Dishwasher, Electric Water Heater, Disposal, Oven, Refrigerator, Range Hood, Dryer, Washer
Features
  • Fireplace, See Remarks, Cable TV
  • Flooring: Tile, Wood
  • Has fireplace: Yes
  • Fireplace features: Gas
Interior area
  • Total interior livable area: 2,528 sqft
Video & virtual tour

Property

Parking
  • Parking features: Attached, Garage
  • Has attached garage: Yes
Features
  • Levels: Two
  • Has view: Yes
  • View description: Mountain(s), Trees/Woods
Lot
  • Size: 1.05 Acres
  • Features: Borders National Forest
Details
  • Parcel number: 38590
  • Zoning description: Single Family

Construction

Type & style
  • Home type: SingleFamily
  • Property subtype: Single Family Residence
Materials
  • Concrete
  • Roof: Metal
Condition
  • Resale
  • Year built: 2006

Utilities & green energy

  • Sewer: Septic Tank
  • Water: Well
  • Utilities for property: Electricity Available, Propane, Phone Available, Snow Removal, Trash Collection, Cable Available, Septic Available

Community & HOA

Community
  • Features: Trails/Paths, Clubhouse, Gated
  • Subdivision: Warm Springs
HOA
  • Has HOA: Yes
  • Amenities included: Tennis Court(s)
  • HOA fee: $1,680 annually
Location
  • Region: Fairplay

Financial & listing details

  • Price per square foot: $297/sqft
  • Tax assessed value: $731,591
  • Annual tax amount: $2,952
  • Date on market: 1/27/2026
  • Exclusions: No
  • Road surface type: Dirt

Price history

DateEventPrice
5/31/2026Price change$750,000-3.2%$297/sqft
Source: Altitude Realtors #S1066056 Report a problem
1/27/2026Listed for sale$775,000+10.7%$307/sqft
Source: Altitude Realtors #S1066056 Report a problem
1/31/2022Sold$700,000+50.5%$277/sqft
Source: Public Record Report a problem
9/1/2020Sold$465,000-1.9%$184/sqft
Source: Altitude Realtors #S1017817 Report a problem
7/28/2020Pending sale$474,000$188/sqft
Source: Exp Realty, Llc #6568391 Report a problem
7/18/2020Price change$474,000-1.3%$188/sqft
Source: Exp Realty, Llc #6568391 Report a problem
7/5/2020Price change$480,000-3%$190/sqft
Source: Exp Realty, Llc #6568391 Report a problem
6/7/2020Price change$495,000-1%$196/sqft
Source: Exp Realty, Llc #6568391 Report a problem
4/24/2020Listed for sale$499,900+54.8%$198/sqft
Source: Exp Realty, Llc #6568391 Report a problem
10/25/2017Sold$323,000+1013.8%$128/sqft
Source: Public Record Report a problem
11/22/2005Sold$29,000$11/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$2,953 +4.6%$49,020 +0.9%
2024$2,824 +35.2%$48,580 -16.2%
2023$2,089 +5.2%$57,950 +77.5%
2022$1,985 -5.9%$32,640 -2.8%
2021$2,109 +30.9%$33,580 +30.9%
2020$1,612 +1.1%$25,660
2019$1,594 +22.5%$25,660 +6.8%
2017$1,302 -3.7%$24,020 -3.7%
2016$1,351 -2%$24,930
2015$1,378 +4.4%$24,930
2014$1,320 -14.8%--
2013$1,550 +0.9%$23,540
2012$1,537 +6.9%--
2011$1,438 --

Find assessor info on the county website

Monthly payment

Est. payment
$4,128/mo
Principal & interest
$3775
Property taxes
$213
HOA Fees
$140
More affordability toolsChevron Right

Estimated market value

$733,100

$696,000 - $770,000

$2,934/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 80440

Nearby schools

Edith Teter Elementary School
Grades PK-5 • 5.9 miles
3/10
GreatSchools® Rating
Test Score Rating
4/10
Student Progress Rating
1/10
Silverheels Middle School
Grades 6-8 • 5.9 miles
5/10
GreatSchools® Rating
Test Score Rating
7/10
Student Progress Rating
3/10
South Park High School
Grades 9-12 • 5.9 miles
4/10
GreatSchools® Rating
College Readiness Rating
4/10

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