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Park 80440
1611 Busch Run
$106,250
● Land - Off Market

1611 Busch Run

Fairplay, CO 80440
bedrooms
Studio
bathrooms
0 Bath
$777
Est. Monthly

About This Property

GET A HEAD START! This 2.5 acre parcel already has a driveway started, storage shed, temporary electric pole, and septic materials on site! And it sits on a year round county maintained road! NO HOA! NO COVENANTS! This wooded and rolling property is just minutes off of Hwy 9, 4 miles from downtown Fairplay, 6 miles from Alma and 21 miles from Breckenridge. Use this "home base" as your centralized location for work or play! Whether you continue developing where the driveway has already been started or if you instead build on the upper portion to potentially open up more views, you will love the way this larger lot has options and character! Even as the Fairplay area continues to grow and gain popularity, you'll be tucked away in your private forest, yet close to everything you need! You need to see this one!
Unit Size
-
Days on Market
-
Land Size
2.47 acres
Price per sqft
-
Property Type
Land
Property Taxes
$163
HOA Dues
-
Year Built
-

Payment Calculator

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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: 3 years ago (REcolorado MLS #8191327)

Price History

Date / Event Date Event Price
Jul 10, 2024 Sold
Premium
Sold
Jun 17, 2024 In contract -
In contract
Apr 25, 2024 Listed by Caniglia Real Estate Group Llc $125,000
Listed by Caniglia Real Estate Group Llc
Mar 2, 2020 Sold
Premium
Sold
Jan 2, 2018 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 7

    Dimensions

  • Lot Size Square Feet: 107,593
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: M/B T09 R77
  • Land Acres: 0000002470
  • Standard Land Use Code: 8000
  • County Land Use Code: 0520
  • Legal Description 1: T09 R77 S31 SE4 PART OF E2N2SE4 LYING NORTH OF COUNTY ROAD 31-9-77

Neighborhood

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

Geography

  • Account Number: 6360
  • Parcel: R0006360
  • Latitude: 39.2238
  • Longitude: -106.032

    Address

  • Full Address: 1611 Busch Run
  • Address - House Number: 1611
  • Address - Street Name: Busch
  • Address - Suffix Type: Run
  • State: CO
  • City Name: Fairplay
  • Zip Code: 80440

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $195,782
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 0015

    Market Valuation

  • Market Total Value: $33,838
  • Market Land Value: $33,838

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $9,813
  • Assessed Land Value: $9,813

    Sales

  • Current Sale Contract Date: Feb 28, 2020
  • Current Sale Recording Date: Mar 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 763634
  • Previous Sale Recording Date: Jan 02, 2018
  • Previous Sale Contract Date: Dec 28, 2017
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: 71
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 Park

Stats & Trends

Median Asking:

$590,000

Sale Price/ft²

$328

Below Asking

0.03%

Average Days on Market

71

Average Home Size

1889 ft²

Average Home Age

32.3 years

Currently For Sale

548 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: Amy Caniglia, Caniglia Real Estate Group Llc
Last Updated: 3 years ago
Data Source: REcolorado MLS, MLS# 8191327
© 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 1611 Busch Run built and last sold?
The property at 1611 Busch Run was built in and last sold on Feb 28, 2020 for $60,000.
How much is this home worth?
The estimated value of the home located at 1611 Busch Run is $0.
What are some comparable homes to 1611 Busch Run?
There are currently no comparable homes to 1611 Busch Run.
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