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For sale
  • Price cut: $46K (7/31)
    $699,000

    597 Sheep Ridge Road, Fairplay, CO 80440

    4beds
    3,800sqft
    : 
    $4,346/mo
    Get pre-qualified
    Single Family Residence
    Built in 1994
    2.5 Acres Lot
    $670,000 Zestimate®
    $184/sqft
    $140/mo HOA

    What's special

    Big mountain viewsLog wallsFenced areasPrivate primary suiteOpen dining areaCircular paved drivewayExpansive windows
    PRICE REDUCED OVER $275,000 AND OFFERED AS-IS! This is a rare opportunity for buyers seeking exceptional value, substantial square footage, a serious workshop, and long-term potential. This spacious log home on 2.5 acres offers an exceptional opportunity for buyers. With three levels of living space, an oversized detached garage and workshop, and a fully finished basement with a separate entrance, this property provides flexibility for multi-generational living, guest quarters, rental potential, or simply room to spread out. The standout feature is the oversized workshop with 500-amp service. Ideal for a contractor, fabricator, woodworker, RV enthusiast, car collector, or anyone needing serious workspace. The upper level offers additional office, studio, or hobby space and could be converted back to RV storage. The finished basement includes two bedrooms, a full bath, a separate entrance, and space to add a kitchen, creating the potential for a lock-off or independent living area. The main level features a large great room, open dining area, and spacious kitchen with abundant counter space and storage. Log walls, exposed beams, a pellet stove, expansive windows, and access to the wraparound deck deliver classic mountain character and beautiful views. Upstairs, the private primary suite features generous space, dual closets, and a five-piece bath. Outside, enjoy a circular paved driveway, fenced areas, a back patio, and a play structure for adults and kids alike. Recent updates include a NEW septic system, fresh exterior paint, and new skylights in the shop. Located in gated Warm Springs, owners enjoy central water, privately maintained roads, stocked fishing ponds, pickleball courts, and direct National Forest access. Minutes from Fairplay and under an hour from Breckenridge and Buena Vista. Bring your vision and take advantage of a rare opportunity to own substantial living space and a serious workshop and priced to sell!!
    379 days
    539
    43

    Zillow last checked:

    Listing updated:

    Listed by:

    Katie Stamp mountainhousere@gmail.com,

    eXp Realty, LLC, Mountain House Properties,

    Courtney Peel 970-409-8146,

    eXp Realty, LLC, Mountain House Properties

    Source: Altitude Realtors,MLS#: S1061955MLS LogoOriginating MLS: Summit Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 3/4 bathrooms: 1
      Primary bedroom
      • Level: Upper
      Bedroom
      • Level: Main
      Bedroom
      • Level: Basement
      Bedroom
      • Level: Basement
      Other
      • Level: Basement
      Laundry
      • Level: Main
      Other
      • Level: Upper
      Other
      • Level: Main
      Heating
      • Baseboard, Central, Hot Water, Propane, Pellet Stove, Radiant, See Remarks
      Appliances
      • Included: Dishwasher, Electric Cooktop, Electric Range, Disposal, Microwave, Refrigerator, See Remarks, Dryer, Washer
      • Laundry: Main Level
      Features
      • See Remarks, Vaulted Ceiling(s)
      • Flooring: Carpet, See Remarks, Tile, Wood
      • Basement: Apartment,Exterior Entry,Walk-Out Access,Finished
      Interior area
      • Total interior livable area: 3,800 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Asphalt, Circular Driveway, Detached, Garage, Three or more Spaces, See Remarks
      • Has garage: Yes
      Features
      • Levels: Three Or More
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 2.5 Acres
      • Features: See Remarks
      Details
      • Additional structures: Shed(s)
      • Parcel number: 38557
      • Zoning description: Residential Rural
      • Other equipment: Satellite Dish

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin
      • Property subtype: Single Family Residence
      Materials
      • Log
      • Foundation: Poured
      • Roof: Metal
      Condition
      • Resale
      • Year built: 1994

      Utilities & green energy

      • Sewer: Septic Tank, See Remarks
      • Water: Community/Coop, Shared Well, Well
      • Utilities for property: Electricity Available, Propane, Phone Available, Snow Removal, See Remarks, Trash Collection, Septic Available

      Community & HOA

      Community
      • Features: Trails/Paths, Clubhouse, Gated, Racquetball
      • Subdivision: Warm Springs
      HOA
      • Has HOA: Yes
      • HOA fee: $1,680 annually
      Location
      • Region: Fairplay

      Financial & listing details

      • Price per square foot: $184/sqft
      • Tax assessed value: $912,526
      • Annual tax amount: $3,963
      • Date on market: 8/15/2025
      • Exclusions: No
      • Road surface type: Dirt

        Estimated market value

        $670,000

        $637,000 - $704,000

        $3,577/mo

        Price history

        DateEventPrice
        7/31/2026Price change$699,000-6.2%$184/sqft
        Source: Altitude Realtors #S1061955 Report a problem
        7/2/2026Price change$745,000-0.5%$196/sqft
        Source: Altitude Realtors #S1061955 Report a problem
        6/13/2026Price change$749,000-3.4%$197/sqft
        Source: Altitude Realtors #S1061955 Report a problem
        5/29/2026Price change$775,000-1.8%$204/sqft
        Source: Altitude Realtors #S1061955 Report a problem
        5/11/2026Price change$789,000-0.6%$208/sqft
        Source: eXp Realty #S1061955 Report a problem
        4/24/2026Price change$794,000-0.6%$209/sqft
        Source: Altitude Realtors #S1061955 Report a problem
        3/13/2026Price change$799,000-2.6%$210/sqft
        Source: Altitude Realtors #S1061955 Report a problem
        1/23/2026Price change$820,000-3.4%$216/sqft
        Source: Altitude Realtors #S1061955 Report a problem
        11/15/2025Price change$849,000-5.5%$223/sqft
        Source: Altitude Realtors #S1061955 Report a problem
        10/6/2025Price change$898,000-4%$236/sqft
        Source: Altitude Realtors #S1061955 Report a problem
        9/14/2025Price change$935,000-4.1%$246/sqft
        Source: Altitude Realtors #S1061955 Report a problem
        8/15/2025Listed for sale$975,000+49.2%$257/sqft
        Source: Altitude Realtors #S1061955 Report a problem
        5/1/2025Sold$653,422-33.3%$172/sqft
        Source: Public Record Report a problem
        11/24/2024Listed for sale$979,000-12.4%$258/sqft
        Source: Altitude Realtors #S1055417 Report a problem
        7/17/2024Listing removed$1,117,000-1.8%$294/sqft
        Source: Altitude Realtors #S1044830 Report a problem
        5/4/2024Price change$1,137,000-1%$299/sqft
        Source: Altitude Realtors #S1044830 Report a problem
        3/21/2024Price change$1,149,000-2.6%$302/sqft
        Source: Altitude Realtors #S1044830 Report a problem
        10/20/2023Listed for sale$1,180,000+155.4%$311/sqft
        Source: Altitude Realtors #S1044830 Report a problem
        5/17/2021Sold$462,075+24.9%$122/sqft
        Source: Public Record Report a problem
        12/15/2008Sold$370,000$97/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,964 +4.6%$61,140 -6.2%
        2024$3,791 +63.8%$65,210 -6.3%
        2023$2,314 +5.2%$69,560 +92.4%
        2022$2,199 -5.9%$36,160 -2.8%
        2021$2,336 +29%$37,200 +29%
        2020$1,811 +1.1%$28,830
        2019$1,791 +28.6%$28,830 +12.2%
        2017$1,392 -6.4%$25,690 -6.4%
        2016$1,487 -2%$27,440
        2015$1,517 +1.4%$27,440
        2014$1,496 -18.5%--
        2013$1,835 +0.9%$26,670
        2012$1,819 +6.9%--
        2011$1,702 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 80440

        Getting around

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