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Land with Home for Sale in Fairplay, Colorado

597 Sheep Ridge Rd, Fairplay, CO 80440

$699,000
2.5 acres
Active sale
$46k drop
Est $4,042/mo

PRICE REDUCED OVER $275,000 AND OFFERED AS-IS! This is a rare opportunity for buyers seeking exceptional value, substantial square footage, a serious workshop, and long-term potential. This spacious log home on 2.5 acres offers an exceptional opportunity for buyers. With three levels of living space, an oversized detached garage and workshop, and a fully finished basement with a separate entrance, this property provides flexibility for multi-generational living, guest quarters, rental potential, or simply room to spread out. The standout feature is the oversized workshop with 500-amp service. Ideal for a contractor, fabricator, woodworker, RV enthusiast, car collector, or anyone needing serious workspace. The upper level offers additional office, studio, or hobby space and could be converted back to RV storage. The finished basement includes two bedrooms, a full bath, a separate entrance, and space to add a kitchen, creating the potential for a lock-off or independent living area. The main level features a large great room, open dining area, and spacious kitchen with abundant counter space and storage. Log walls, exposed beams, a pellet stove, expansive windows, and access to the wraparound deck deliver classic mountain character and beautiful views. Upstairs, the private primary suite features generous space, dual closets, and a five-piece bath. Outside, enjoy a circular paved driveway, fenced areas, a back patio, and a play structure for adults and kids alike. Recent updates include a NEW septic system, fresh exterior paint, and new skylights in the shop. Located in gated Warm Springs, owners enjoy central water, privately maintained roads, stocked fishing ponds, pickleball courts, and direct National Forest access. Minutes from Fairplay and under an hour from Breckenridge and Buena Vista. Bring your vision and take advantage of a rare opportunity to own substantial living space and a serious workshop and priced to sell!!

3,800
Sq feet
4
Beds
2
Full baths
1
3/4 bath
1994
Built

Location

Street address
597 Sheep Ridge Rd
Zip code
80440
Community
Warm Springs Ranch
School district
Park County RE-2
Elevation
10,063 feet
Coordinates
39.1502, -106.0373

Directions

From Fairplay take 285 South, left on county road 20, Go to gate (put in combo) Go right, follow around subdivision,stay on High Creek Rd to the top, stay Left when you reach Sheep Ridge Road, Property on Left.

Property details

Acreage
2.5 acres
Zoning
RR
Access
Private road
MLS #
REcolorado 5599573
Posted

Property taxes

2024
$3,964

Expenses

Homeowner Association Fee
$1,680 annually

Parcels

  • 38557

Legal description

Resources

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Ownership
Corporation/Trust
Terms
Cash, Conventional
Exclusions
Seller's Personal Possessions.
Possession
Closing/DOD

Community

Association
Warm Springs Ranch
Amenities
Clubhouse, Gated, Tennis Court(s), Trail(s)
Fee Includes
Snow Removal

Lot

Road Frontage
Private Road
Road Surface
Dirt
Road Responsibility
Private Maintained Road
View
Mountain(s)
Well Type
Community
Features
Landscaped, Mountainous

Exterior

Parking Spaces
3
Parking
Circular Driveway, Oversized Door
Outdoor Spaces
Deck, Front Porch, Wrap Around
Features
Private Yard

Structure

Type
House
Style
Mountain Contemporary
Levels
Two
Basement
Finished, Full, Interior Entry, Walk-Out Access
Water
Public
Sewer
Septic Tank
Heating
Baseboard, Pellet Stove, Radiant
Cooling
None
Materials
Log
Roof
Metal
Windows
Window Coverings

Interior

Above Grade
2,408 sq ft
Below Grade
1,392 sq ft
Rooms
Bathroom Full x 2, Bathroom Three Quarter, Bedroom x 4, Dining Room, Great Room, Kitchen, Laundry, Loft
Flooring
Carpet, Tile, Wood
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
Laundry
In Unit
Security
Smoke Detector(s)
Furnished
Partially
Features
Ceiling Fan(s), Five Piece Bath, Open Floorplan, Primary Suite, Vaulted Ceiling(s)

Property utilities

CategoryTypeStatus
PowerGridConnected
WaterPublicAvailable
SewageSeptic SystemConnected
GasPropaneConnected

Nearby schools

NameTypeDistrict
Edith TeterElementaryPark County RE-2
South ParkMiddlePark County RE-2
South ParkHighPark County RE-2

Listing history

DateEventPriceChangeSource
July 31, 2026Price drop$699,000$46,000 -6.2%REcolorado
July 2, 2026Price drop$745,000$4,000 -0.5%REcolorado
June 13, 2026Price drop$749,000$26,000 -3.4%REcolorado
May 29, 2026Price drop$775,000$14,000 -1.8%REcolorado
May 11, 2026Price drop$789,000$5,000 -0.6%REcolorado
Apr 24, 2026Price drop$794,000$5,000 -0.6%REcolorado
Apr 19, 2026New listing$799,000REcolorado
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Payment calculator

This 2.5-acre property is located at 597 Sheep Ridge Rd in Fairplay, CO 80440. The property is available for sale, priced at $699,000. It has a 3,800 square foot 4-bedroom, 3-bath house built in 1994.

Checked 1 hour agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of Sept 1, 2026 9:00 pm MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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