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Fairplay 80440
1191 Meadow Dr
$410,000
● House - Off Market

1191 Meadow Dr

Fairplay, CO 80440
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,232 Ft²
$521,695
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Amazing location w/ 360 views, this 4 Bdrm home is close to town, grocery store, rec center & world class fishing. This single family home on almost 1/2 an acre has two living areas, large fenced yard & an attached oversized 2 car garage so you will have room for the toys. Nice quiet neighborhood close to schools & just a short drive to Breckenridge. Nearby fishing on the South Platte River, Eleven Mile Reservoir, Antero an Spinney. Yet still near Summit County, Colorado. Home has a newer roof.
Unit Size
2,232 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$192
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
2004

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (REcolorado MLS #IRE5419041)

Price History

Date / Event Date Event Price
Apr 13, 2021 Sold
Premium
Sold
Feb 13, 2021 Listed $429,000
Listed
Aug 28, 2013 Sold
Premium
Sold

Property Highlights

Garage
With View

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2005
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 17
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,164
  • Garage Type: 1
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0
  • Location Influence Type: 22

    Dimensions

  • Lot Size Square Feet: 19,123
  • Total Building Area: 1,172
  • Building Area: 1,172
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,172
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEAVER MEADOWS
  • Land Acres: 0000000439
  • Standard Land Use Code: 1016
  • Legal Description 1: T09 R77 S34 NW4 FAIRPLAY BEAVER MEADOWS LOT R11

Neighborhood

  • School District Name: Park County School District RE-2
  • Census Tract: 000400

Geography

  • Account Number: 44959
  • Parcel: R0044959
  • Lot: 11
  • Latitude: 39.2264
  • Longitude: -105.987

    Address

  • Full Address: 1191 Meadow Dr
  • Address - House Number: 1191
  • Address - Street Name: Meadow
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Fairplay
  • Zip Code: 80440

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $222,934
  • Tax Rate Code Area: 0002

    Appraisal Valuation

  • Standard Deviation: 0.1961
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 540,701
  • High Value: 646,770
  • Low Value: 434,632

    Market Valuation

  • Market Total Value: $316,794
  • Market Land Value: $23,166
  • Market Improvement Value: $293,628

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,020
  • Assessed Land Value: $1,610
  • Assessed Improvements Value: $20,410

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: Apr 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 778139
  • Previous Sale Recording Date: Aug 28, 2013
  • Previous Sale Contract Date: Jul 16, 2013
  • Previous Sale Amount: $119,000
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Fairplay

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$304

Below Asking

0.01%

Average Days on Market

75

Average Home Size

1779 ft²

Average Home Age

44.6 years

Currently For Sale

16 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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REcolorado

Listed by: Moraima (Mo) Kelley,
Last Updated: 6 months ago
Data Source: REcolorado MLS, MLS# IRE5419041
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1191 Meadow Drive built and last sold?
The property at 1191 Meadow Drive was built in 2004 and last sold on Mar 31, 2021 for $410,000.
How much is this home worth?
The estimated value of the home located at 1191 Meadow Drive is $444,752.
What are some comparable homes to 1191 Meadow Drive?
There are currently no comparable homes to 1191 Meadow Drive.
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