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For sale
    • Price cut: $30K (7/24)
    $565,000

    424 Dry Gulch Road, Fairplay, CO 80440

    3beds
    1,888sqft
    : 
    $3,406/mo
    Get pre-qualified
    Single Family Residence
    Built in 1984
    5 Acres Lot
    $532,100 Zestimate®
    $299/sqft
    $6/mo HOA

    What's special

    Priced to sell! Experience the timeless appeal of Colorado mountain living in this well-maintained log home situated on 5 private acres surrounded by mature pines and aspens. Built in the 1980s and one of the original homes in the subdivision, this property showcases the craftsmanship, character, and setting that mountain buyers are searching for. Inside, you'll find 1,888 square feet of warm and inviting living space featuring log construction, tongue-and-groove ceilings, wood floors, large bedrooms, and a cozy wood-burning stove. The spacious loft offers endless flexibility as a recreation room, home office, additional sleeping area, or creative space. A recently installed Rinnai propane heater, electric baseboard heat throughout, and a durable metal roof provide comfort and peace of mind. The unfinished 1,472-square-foot basement offers excellent storage and future expansion potential. Outside, enjoy a circular driveway, abundant wildlife, and the privacy of your own mountain retreat surrounded by the natural beauty of towering pines and aspens. Retaining much of its original character, this property offers a rare opportunity to create your dream mountain retreat while building equity through future improvements. Whether you're looking for a full-time residence, mountain getaway, or investment opportunity, this classic Colorado log home offers space, privacy, character, and exceptional value.
    46 days
    |
    1,164
    |
    93
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Courtney Peel courtpeel21@gmail.com,

    eXp Realty, LLC, Mountain House Properties,

    Katie Stamp 970-688-1414,

    eXp Realty, LLC, Mountain House Properties

    Source: Altitude Realtors,MLS#: S1069770MLS LogoOriginating MLS: Summit Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Primary bathroom
      • Level: Main
      Dining room
      • Level: Main
      Kitchen
      • Level: Main
      Laundry
      • Level: Main
      Living room
      • Level: Main
      Loft
      • Level: Upper
      Other
      • Level: Main
      Other
      • Level: Main
      Workshop
      • Level: Basement
      Heating
      • Baseboard, Electric, Propane, Wood Stove
      Appliances
      • Included: Gas Range, Microwave, Refrigerator, Range Hood, Dryer, Washer
      Features
      • Ceiling Fan(s), Tongue and Groove Ceiling(s), Main Level Primary, Primary Suite, Smoke Free, Vaulted Ceiling(s)
      • Flooring: Vinyl, Wood
      • Basement: Walk-Out Access,Unfinished
      Interior area
      • Total interior livable area: 1,888 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Parking Pad
      Features
      • Levels: Three Or More,Multi/Split
      • Has view: Yes
      • View description: Mountain(s), Trees/Woods
      Lot
      • Size: 5 Acres
      • Features: Many Trees, Sloped, See Remarks
      Details
      • Additional structures: Shed(s)
      • Parcel number: 38441
      • Zoning description: Single Family
      • Other equipment: Satellite Dish

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin
      • Property subtype: Single Family Residence
      Materials
      • Log
      • Roof: Metal
      Condition
      • Resale
      • Year built: 1984

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Trails/Paths
      • Subdivision: Valley Of The Sun
      HOA
      • Has HOA: Yes
      • HOA fee: $67 annually
      Location
      • Region: Fairplay

      Financial & listing details

      • Price per square foot: $299/sqft
      • Tax assessed value: $747,914
      • Annual tax amount: $3,181
      • Date on market: 6/18/2026
      • Exclusions: No
      • Road surface type: Dirt

        Estimated market value

        $532,100

        $505,000 - $559,000

        $2,618/mo

        Price history

        DateEventPrice
        7/24/2026Price change$565,000-5%$299/sqft
        Source: Altitude Realtors #S1069770 Report a problem
        6/18/2026Listed for sale$595,000$315/sqft
        Source: eXp Realty #9639939 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,538 +4.6%$50,110 -13.9%
        2024$3,383 +70.5%$58,200 -6.9%
        2023$1,985 +5.2%$62,490 +101.5%
        2022$1,886 -5.9%$31,010 -2.8%
        2021$2,003 +13.6%$31,900 +13.6%
        2020$1,764 +1.1%$28,080
        2019$1,744 +29.1%$28,080 +12.6%
        2017$1,351 -7.2%$24,940 -7.2%
        2016$1,456 -2%$26,870
        2015$1,485 +10.4%$26,870
        2014$1,345 -13.1%--
        2013$1,548 +0.9%$23,990
        2012$1,535 +6.9%--
        2011$1,436 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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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