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Land with Home for Sale in Fairplay, Colorado

651 Lamb Mountain Rd, Fairplay, CO 80440

$1,095,000
5 acres
Active sale
ago
Est $5,927/mo

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.

3,616
Sq feet
5
Beds
3
Full baths
1999
Built

Location

Street address
651 Lamb Mountain Rd
Zip code
80440
Community
Warm Springs
Elevation
10,375 feet
Coordinates
39.1644, -106.069

Property details

Acreage
5 acres
MLS #
SAR S1070534
Posted

Property taxes

2024
$3,989

Parcels

  • 39315

Details and features

Listing

Type
Residential
Franchise
Sotheby's International Realty

Lot

View
Mountains, Valley
Features
Fire Mitigation, Landscaped, Many Trees, Meadow, Mountainous, Open Space, Secluded, Sloped

Structure

Heating
Electric, Forced Air, Propane
Roof
Asphalt

Interior

Rooms
Bathroom x 3, Bedroom x 5
Flooring
Stone, Tile
Fireplaces
Yes
Appliances
Dishwasher, Disposal, Microwave, Range Gas, Range Hood, Refrigerator, Washer/Dryer

Property utilities

CategoryTypeStatus
GasPropaneConnected

Nearby schools

NameType
Edith TeterElementary
South ParkMiddle
South ParkHigh

Listing history

DateEventPriceChangeSource
July 31, 2026New listing$1,095,000SAR
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This 5-acre property is located at 651 Lamb Mountain Rd in Fairplay, CO 80440. The property is available for sale, priced at $1,095,000. It has a 3,616 square foot 5-bedroom, 3-bath house built in 1999.

Listed by LIV Sothebys International Realty- Breckenridge, (970) 453-0550

Checked 1 hour agoUpdated Source

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Copyright © 2026 Altitude REALTORS ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Christian Vales
LIV Sothebys International Realty- Breckenridge
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