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For sale
  • Price cut: $5K (5/11)
    $775,000

    597 Sheep Ridge Road, Fairplay, CO 80440

    4beds
    3,800sqft
    : Get pre-qualified
    Single Family Residence
    Built in 1994
    2.5 Acres Lot
    $765,500 Zestimate®
    $204/sqft
    $140/mo HOA

    What's special

    Big mountain viewsLog wallsFenced areasPrivate primary suiteOpen dining areaCircular paved drivewayExpansive windows
    The BEST VALUE for size, versatility, and functionality on the market right now! This spacious log home on 2.5 acres offers an incredible opportunity for multi-generational living, income potential, or simply room to spread out and enjoy mountain life. With over 3 levels of living, the size becomes a true asset, giving you flexibility for how you live, work, and host. The fully finished basement with a separate entrance is ideal for a lock-off setup, guest quarters, or rental opportunity, complete with two bedrooms, a full bath, and space to add a kitchen. The main level features a large great room, open dining area, and a well-designed kitchen with abundant counter space and storage. Log walls, exposed beams, and a pellet stove create that classic mountain feel, while expansive windows and access to the wraparound deck bring in natural light and big mountain views. Upstairs, the private primary suite offers a quiet retreat with generous space, dual closets, and a 5-piece bath. One of the most desirable features of this property is the oversized detached garage and workshop. With 500-amp service, it’s set up for serious work—whether that’s welding, running equipment, or pursuing a hobby or business. The finished upper level provides additional office or studio space, and the structure could easily be converted back for RV storage if desired. Outside, the property continues to deliver with a circular paved driveway, fenced areas, dog kennel with heated dog house, and a playground. Recent updates include a NEW septic system, fresh exterior paint, and new skylights in the shop. Located in the gated Warm Springs community, owners enjoy central water, privately maintained roads, stocked fishing ponds, pickleball courts, and direct access to National Forest. Just minutes to Fairplay, and under an hour to Breckenridge & Buena Vista. If you’ve been looking for space, flexibility, and long-term value—this is one to see.
    287 days
    |
    347
    |
    24
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    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

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      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
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      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: $204/sqft
      • Tax assessed value: $912,526
      • Annual tax amount: $3,963
      • Date on market: 8/15/2025
      • Exclusions: No
      • Road surface type: Dirt
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        Estimated market value

        $765,500

        $727,000 - $804,000

        $3,602/mo

        Price history

        DateEventPrice
        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

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          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.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 80440

          Getting around

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