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For sale
  • $1,095,000

    651 Lamb Mountain Road, Fairplay, CO 80440

    5beds
    3,616sqft
    : 
    $6,443/mo
    Get pre-qualified
    Single Family Residence
    Built in 1999
    5 Acres Lot
    $1,081,900 Zestimate®
    $303/sqft
    $140/mo HOA

    What's special

    Abundant storageFive bedroomsThree bathroomsWet barKitchen features new appliancesExtensively updated throughoutPrivate office
    Welcome to your private mountain retreat in the heart of Warm Springs. Set on 5 scenic acres, this exceptional property offers the perfect balance of privacy, breathtaking natural beauty, and outstanding investment potential in an STR-friendly location — less than 10 minutes from Main Street Fairplay and the local grocery store. Take in sweeping panoramic views of snow-capped mountain peaks from nearly every room, while a mature aspen grove creates a peaceful setting that transforms beautifully with the seasons. Step outside to direct access to more than 20,000 acres of National Forest — endless hiking, mountain biking, wildlife viewing, and backcountry adventure from your doorstep. Inside, the home has been extensively updated throughout, blending mountain character with modern comfort. Soaring vaulted ceilings with exposed beams set the tone, while every bathroom has been fully renovated with new vanities, stone countertops, updated fixtures, and fresh finishes. The kitchen features new appliances, with new luxury vinyl plank flooring, fresh paint, and updated lighting throughout. Infrastructure upgrades include a new high-altitude water heater, optimized furnace system, and smart thermostat. With five bedrooms, three bathrooms, multiple spacious living areas, a private office, a wet bar, and abundant storage, there is room for family and guests to gather comfortably. After a day outdoors, soak in the private hot tub beneath a sky full of stars or gather around the fire pit on a crisp mountain evening. Whether you're searching for a full-time residence, a luxurious vacation home, or a proven income-producing investment, this property delivers. With more than $110,000 in STR income each of the past three consecutive years, this is a rare opportunity to own a mountain escape with both an exceptional lifestyle and impressive earning potential.
    9 days
    |
    419
    |
    35
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Christian Vales (970)453-0550,

    LIV Sotheby's I.R.,

    Aleksandra Matthews 970-333-0567,

    LIV Sotheby's I.R.

    Source: Altitude Realtors,MLS#: S1070534MLS LogoOriginating MLS: Summit Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Electric, Forced Air, Propane
      Appliances
      • Included: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Dryer, Washer
      Features
      • Skylights, Vaulted Ceiling(s)
      • Flooring: Stone, Tile
      • Number of fireplaces: 1
      Interior area
      • Total interior livable area: 3,616 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway, Parking Pad
      Features
      • Levels: Two,Multi/Split
      • Has view: Yes
      • View description: Meadow, Mountain(s), Pond, Valley, Trees/Woods
      • Has water view: Yes
      • Water view: Pond
      Lot
      • Size: 5 Acres
      • Features: Borders National Forest, Landscaped, Meadow, Open Space, Many Trees, Secluded, Sloped, See Remarks
      Details
      • Parcel number: 39315
      • Zoning description: Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Wood Frame
      • Foundation: Poured
      • Roof: Asphalt
      Condition
      • Resale
      • Year built: 1999

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Community/Coop, Well
      • Utilities for property: Electricity Available, Propane, Phone Available, Septic Available

      Community & HOA

      Community
      • Features: See Remarks, Trails/Paths, Clubhouse, Fishing
      • 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: $303/sqft
      • Tax assessed value: $973,855
      • Annual tax amount: $3,989
      • Date on market: 7/31/2026
      • Exclusions: Yes
      • Road surface type: Dirt, Gravel

        Estimated market value

        $1,081,900

        $1.03M - $1.14M

        $3,708/mo

        Price history

        DateEventPrice
        7/31/2026Listed for sale$1,095,000+9.5%$303/sqft
        Source: Altitude Realtors #S1070534 Report a problem
        11/5/2025Listing removed$1,000,000$277/sqft
        Source: Altitude Realtors #S1059329 Report a problem
        11/5/2025Listed for sale$1,000,000$277/sqft
        Source: Altitude Realtors #S1059329 Report a problem
        10/29/2025Pending sale$1,000,000$277/sqft
        Source: Altitude Realtors #S1059329 Report a problem
        10/3/2025Price change$1,000,000-11.1%$277/sqft
        Source: Altitude Realtors #S1059329 Report a problem
        9/5/2025Price change$1,125,000-10%$311/sqft
        Source: Altitude Realtors #S1059329 Report a problem
        6/27/2025Listed for sale$1,250,000+43.7%$346/sqft
        Source: Altitude Realtors #S1059329 Report a problem
        10/19/2021Sold$870,000-0.7%$241/sqft
        Source: Altitude Realtors #S1026047 Report a problem
        9/5/2021Pending sale$875,900$242/sqft
        Source: Altitude Realtors #S1026047 Report a problem
        8/14/2021Listed for sale$875,900$242/sqft
        Source: Altitude Realtors #S1026047 Report a problem
        7/31/2021Pending sale$875,900$242/sqft
        Source: Altitude Realtors #S1026047 Report a problem
        7/24/2021Price change$875,900-1.5%$242/sqft
        Source: Altitude Realtors #S1026047 Report a problem
        6/17/2021Price change$889,000-1.2%$246/sqft
        Source: Altitude Realtors #S1026047 Report a problem
        5/11/2021Listed for sale$899,999+30.6%$249/sqft
        Source: Altitude Realtors #S1026047 Report a problem
        8/13/2020Listing removed$689,000$191/sqft
        Source: Caniglia Real Estate Group Llc #3063769 Report a problem
        6/14/2020Price change$689,000-1.5%$191/sqft
        Source: Caniglia Real Estate Group,LLC #S1018549 Report a problem
        6/5/2020Price change$699,500-2.2%$193/sqft
        Source: Caniglia Real Estate Group,LLC #S1018549 Report a problem
        5/24/2020Listed for sale$715,000$198/sqft
        Source: Caniglia Real Estate Group,LLC #S1018549 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,989 +4.6%$65,250 -0.6%
        2024$3,815 +48.7%$65,630 -9.3%
        2023$2,566 +5.2%$72,320 +80.4%
        2022$2,438 -5.9%$40,090 -2.8%
        2021$2,590 +17.8%$41,240 +17.8%
        2020$2,199 +1.1%$35,010
        2019$2,175 +23.3%$35,010 +7.6%
        2017$1,764 -2.4%$32,550 -2.4%
        2016$1,807 -2%$33,350
        2015$1,843 +1.2%$33,350
        2014$1,822 -9%--
        2013$2,001 +0.9%$32,490
        2012$1,984 +6.9%--
        2011$1,856 --
        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.
        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-Dependent

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Edith Teter
        • Middle: South Park
        • High: South Park

        Source: Altitude Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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