1499 Sheep Ridge Road, Fairplay, CO 80440
What's special
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.
- 229 days |
- 268 |
- 17 |
Originating MLS: Summit Association of RealtorsTravel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked:
Listing updated:
Amy Smits amy@TheSmitsTeam.com,
eXp Realty LLC - Resort Experts,
Taylor Sinclair 949-351-8565,
eXp Realty LLC - Resort Experts
Originating MLS: Summit Association of RealtorsFacts & 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
| Date | Event | Price |
|---|---|---|
| 5/31/2026 | Price change | $750,000-3.2%$297/sqft |
Source:  Altitude Realtors #S1066056 Report a problem | ||
| 1/27/2026 | Listed for sale | $775,000+10.7%$307/sqft |
Source: Altitude Realtors #S1066056 Report a problem | ||
| 1/31/2022 | Sold | $700,000+50.5%$277/sqft |
Source: Public Record Report a problem | ||
| 9/1/2020 | Sold | $465,000-1.9%$184/sqft |
Source: Altitude Realtors #S1017817 Report a problem | ||
| 7/28/2020 | Pending sale | $474,000$188/sqft |
Source: Exp Realty, Llc #6568391 Report a problem | ||
| 7/18/2020 | Price change | $474,000-1.3%$188/sqft |
Source: Exp Realty, Llc #6568391 Report a problem | ||
| 7/5/2020 | Price change | $480,000-3%$190/sqft |
Source: Exp Realty, Llc #6568391 Report a problem | ||
| 6/7/2020 | Price change | $495,000-1%$196/sqft |
Source: Exp Realty, Llc #6568391 Report a problem | ||
| 4/24/2020 | Listed for sale | $499,900+54.8%$198/sqft |
Source: Exp Realty, Llc #6568391 Report a problem | ||
| 10/25/2017 | Sold | $323,000+1013.8%$128/sqft |
Source: Public Record Report a problem | ||
| 11/22/2005 | Sold | $29,000$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Estimated market value
$724,500
$688,000 - $761,000
$2,934/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.