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.
For sale
Price cut: $5K (5/11)
$775,000
597 Sheep Ridge Road, Fairplay, CO 80440
4beds
3,800sqft
Est.: Get pre-qualified
Single Family Residence
Built in 1994
2.5 Acres Lot
$763,500 Zestimate®
$204/sqft
$140/mo HOA
What's special
Big mountain viewsLog wallsFenced areasPrivate primary suiteOpen dining areaCircular paved drivewayExpansive windows
- 287 days |
- 347 |
- 24 |
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#: S1061955
Originating MLS: Summit Association of Realtors
Tour with a local agent
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: $204/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
$763,500
$725,000 - $802,000
$3,602/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Price change | $789,000-0.6%$208/sqft |
Source: eXp Realty #S1061955 Report a problem | ||
| 4/24/2026 | Price change | $794,000-0.6%$209/sqft |
Source: | ||
| 3/13/2026 | Price change | $799,000-2.6%$210/sqft |
Source: | ||
| 1/23/2026 | Price change | $820,000-3.4%$216/sqft |
Source: | ||
| 11/15/2025 | Price change | $849,000-5.5%$223/sqft |
Source: | ||
| 10/6/2025 | Price change | $898,000-4%$236/sqft |
Source: | ||
| 9/14/2025 | Price change | $935,000-4.1%$246/sqft |
Source: | ||
| 8/15/2025 | Listed for sale | $975,000+49.2%$257/sqft |
Source: | ||
| 5/1/2025 | Sold | $653,422-33.3%$172/sqft |
Source: Public Record Report a problem | ||
| 11/24/2024 | Listed for sale | $979,000-12.4%$258/sqft |
Source: | ||
| 7/17/2024 | Listing removed | $1,117,000-1.8%$294/sqft |
Source: | ||
| 5/4/2024 | Price change | $1,137,000-1%$299/sqft |
Source: | ||
| 3/21/2024 | Price change | $1,149,000-2.6%$302/sqft |
Source: | ||
| 10/20/2023 | Listed for sale | $1,180,000+155.4%$311/sqft |
Source: | ||
| 5/17/2021 | Sold | $462,075+24.9%$122/sqft |
Source: Public Record Report a problem | ||
| 12/15/2008 | Sold | $370,000$97/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $1,702 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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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
0 / 100
Car-DependentNearby 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
A local agent can set up tours, give advice and negotiate with sellers.
- Colorado
- Park County
- Fairplay
- 80440
- 597 Sheep Ridge Road









