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$656,900

155 Lamb Mountain Rd, Fairplay, CO 80440  (Sold on )

  • Price Reduced$3,000
  • Open House
  • New Listing
  • Coming Soon
  • 3 BedBeds
  • 2 BathBaths
  • 1,596 SqftSqft
  • TypeSingle Family
  • Active
  • MLS# 2096353
0 More Schedule

Property Description

Turnkey Mountain Home with Income, Expansion Potential & Unobstructed Views Located in the gated Warm Springs community of Fairplay, this fully furnished, turnkey mountain home offers an ideal blend of privacy, income potential, and room to grow. The home features 2 bedrooms, 2 bathrooms, plus a third non-conforming bedroom, providing flexible space for guests, an office, or additional sleeping accommodations. With 1,596 finished square feet and an additional 1,354 square feet of unfinished basement, the property offers excellent future expansion. Plans for a 5-bedroom septic system are available, adding long-term value and flexibility. Currently operating as a highly successful short-term rental generating over $54,000 annually, this home is well-suited for investors or buyers seeking a mountain retreat that produces income. An owner's closet allows for personal storage while maintaining full rental functionality. Interior features include wood-grain tile flooring, granite countertops, knotty hickory cabinetry, and a striking river-rock wood-burning fireplace. The primary suite includes a steam shower, creating a spa-like experience after a day outdoors. Enjoy expansive mountain views from the hot tub, surrounded by a mix of aspens and pines. The home sits across from a horse pasture, ensuring lasting open space and unobstructed views, and offers direct access to National Forest from the edge of the lot. Additional highlights include a standing-seam metal roof, new exterior stain, fresh road base on the driveway, community water system, plus access to tennis courts, private fishing rights, and a community clubhouse. A rare opportunity for income, lifestyle, and future growth in a classic Colorado mountain setting.

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Property Details

General

  • Subdivision: Warm Springs
  • County: Park
  • List Date: 01/17/2026
  • Expected Active Date: 01/17/2026
  • DOM: 111
  • Lot SqFt: 81457
  • Approx Acres: 2
  • Beds: 3
  • Baths: 2.00
  • Full Baths: 2
  • Basement/Foundation: Unfinished
  • Year Built: 2002
  • New construction: NO
  • Sq Ft (total): 1596
  • Garage/Parking Spaces: 1
  • Garage Description: Attached
  • MLS#: 2096353

Interior Features

  • Heating: Baseboard, Electronic Air Filter
  • Cooling: Ceiling Fan(s)
  • Fireplace: Living Room, One

Exterior Features

  • Construction: Frame, Wood Siding
  • Roof: Metal
  • Type: Single Family Residence
  • Outdoor Features: Hot Tub
  • Road Access: Security Gate
  • Waterfront: NO
  • Views: Mountain(s), Plains View

Schools

  • School District: Park County RE-2
  • Elementry: Edith Teter
  • Middle/Jr: South Park
  • High School: South Park

Financial Considerations

  • Tax Year: 2024
  • Tax Amount: $2470

Utilities

  • Utilities: Electricity Available
  • Water/Sewer: Septic Tank
  • Water: City
 

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