Check Availability
Park 80440
155 Lamb Mountain Rd
$675,000
● House - For Sale

155 Lamb Mountain Rd

Fairplay, CO 80440
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,596 Ft²
$3,661
Est. Monthly
$140
HOA / Fees

About This Property

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.
Unit Size
1,596 Ft²
Days on Market
-
Land Size
1.87 acres
Price per sqft
$423
Property Type
House
Property Taxes
$206
HOA Dues
$140
Year Built
2002

Listed By

Payment Calculator

Cap Rate Calculator

Last updated: 9 months ago (REcolorado MLS #2096353)

Price History

Date / Event Date Event Price
Jun 8, 2026 Sold
Sold
May 12, 2026 In contract -
In contract
Apr 13, 2026 Price Decreased $656,900
↓ $3K (0.5%)
Price Decreased
Jan 17, 2026 Listed $659,900
Listed
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.
Mar 14, 2022 Sold
Sold
Show More

Property Highlights

Parking Available
Fireplace
Garage
Parking Details
Has Garage
Attached Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Walk-In Closet(s), Kitchen Island, Cathedral/Vaulted Ceilings
Appliances: Refrigerator, Microwave, Disposal
Laundry Features: Main Level
Has Fireplace
Fireplace Features: Living Room, Single Fireplace
Basement: Unfinished
Exterior Details
Square Footage: 1596
Square Footage Source: $0
Property Condition: Not New, Previously Owned
Year Built: 2002
Building Area Total: 1596
Levels: Two
Construction Materials: Wood Siding, Wood/Frame
Patio and Porch Features: Patio, Deck
Lot Features: Sloped, Gutters, Abuts National Forest
Lot Size Area: 81457
Lot Size Units: Square Feet
Lot Size Acres: 1.87
Lot Size Square Feet: 81457
Water Source: City Water
Financial Details
Tax Annual Amount: $2,470
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Baseboard
Sewer : Septic Tank, Septic
Location Details
HOA Fee: $1,680
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,574
  • Garage Type: 2
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0
  • Location Influence Type: 22

    Dimensions

  • Lot Size Square Feet: 81,457
  • Total Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WARM SPRINGS
  • Land Acres: 0000001870
  • Standard Land Use Code: 1001
  • County Land Use Code: 1212
  • Legal Description 1: T10 R78 S24 SE4 WARM SPRINGS FILING 4 LOT 308 1/5 INT IN HORSE PASTURE C

Neighborhood

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

Geography

  • Account Number: 39338
  • Parcel: R0039338
  • Lot: 308
  • Latitude: 39.1658
  • Longitude: -106.058

    Address

  • Full Address: 155 Lamb Mountain Rd
  • Address - House Number: 155
  • Address - Street Name: Lamb Mountain
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Fairplay
  • Zip Code: 80440

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $236,240
  • Tax Rate Code Area: 0015

    Appraisal Valuation

  • Standard Deviation: 0.1728
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 77
  • Final Value: 644,283
  • High Value: 755,673
  • Low Value: 532,892

    Market Valuation

  • Market Total Value: $373,801
  • Market Land Value: $43,824
  • Market Improvement Value: $329,977

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,980
  • Assessed Land Value: $3,050
  • Assessed Improvements Value: $22,930

    Sales

  • Current Sale Contract Date: Mar 10, 2022
  • Current Sale Recording Date: Mar 14, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 790568
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Park


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals



Frequently Asked Questions

When was property at 155 Lamb Mountain Road built and last sold?
The property at 155 Lamb Mountain Road was built in 2002 and last sold on Mar 10, 2022 for $620,000.
How much is this home worth?
The estimated value of the home located at 155 Lamb Mountain Road is $675,049.
What are some comparable homes to 155 Lamb Mountain Road?
There are currently no comparable homes to 155 Lamb Mountain Road.