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.
Pending
Price cut: $95K (8/12)
$1,000,000
651 Lamb Mountain Road, Fairplay, CO 80440
5beds
3,616sqft
Single Family Residence
Built in 1999
5 Acres Lot
$961,200 Zestimate®
$277/sqft
$140/mo HOA
What's special
Abundant storageFive bedroomsThree bathroomsWet barKitchen features new appliancesExtensively updated throughoutPrivate office
- 62 days
- 121
- 3
Zillow last checked:
Listing updated:
Listed by:
Christian Vales (970)453-0550,
LIV Sotheby's I.R.
Source: Altitude Realtors,MLS#: S1070534
Originating 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: $277/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
$961,200
$913,000 - $1.01M
$3,957/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Pending sale | $1,000,000$277/sqft |
Source: | ||
| 8/12/2026 | Price change | $1,000,000-8.7%$277/sqft |
Source: | ||
| 7/31/2026 | Listed for sale | $1,095,000+9.5%$303/sqft |
Source: | ||
| 11/5/2025 | Listing removed | $1,000,000$277/sqft |
Source: | ||
| 11/5/2025 | Listed for sale | $1,000,000$277/sqft |
Source: | ||
| 10/29/2025 | Pending sale | $1,000,000$277/sqft |
Source: | ||
| 10/3/2025 | Price change | $1,000,000-11.1%$277/sqft |
Source: | ||
| 9/5/2025 | Price change | $1,125,000-10%$311/sqft |
Source: | ||
| 6/27/2025 | Listed for sale | $1,250,000+43.7%$346/sqft |
Source: | ||
| 10/19/2021 | Sold | $870,000-0.7%$241/sqft |
Source: | ||
| 9/5/2021 | Pending sale | $875,900$242/sqft |
Source: Altitude Realtors #S1026047 Report a problem | ||
| 8/14/2021 | Listed for sale | $875,900$242/sqft |
Source: Altitude Realtors #S1026047 Report a problem | ||
| 7/31/2021 | Pending sale | $875,900$242/sqft |
Source: Altitude Realtors #S1026047 Report a problem | ||
| 7/24/2021 | Price change | $875,900-1.5%$242/sqft |
Source: Altitude Realtors #S1026047 Report a problem | ||
| 6/17/2021 | Price change | $889,000-1.2%$246/sqft |
Source: Altitude Realtors #S1026047 Report a problem | ||
| 5/11/2021 | Listed for sale | $899,999+30.6%$249/sqft |
Source: Altitude Realtors #S1026047 Report a problem | ||
| 8/13/2020 | Listing removed | $689,000$191/sqft |
Source: Caniglia Real Estate Group Llc #3063769 Report a problem | ||
| 6/14/2020 | Price change | $689,000-1.5%$191/sqft |
Source: Caniglia Real Estate Group,LLC #S1018549 Report a problem | ||
| 6/5/2020 | Price change | $699,500-2.2%$193/sqft |
Source: Caniglia Real Estate Group,LLC #S1018549 Report a problem | ||
| 5/24/2020 | Listed for sale | $715,000$198/sqft |
Source: Caniglia Real Estate Group,LLC #S1018549 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 80440
Nearby schools
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.










