$250,000
●
Land -
For Sale
459 Platte River Dr
Fairplay, CO 80440
Studio
0 Bath
$1,282
Est. Monthly
About This Property
Premier lot in the newly offered Peak View Subdivision, minutes to
Fairplay and a short drive to Breckenridge. This richly treed,
gently rolling lot commands sprawling mountain and valley views.
Not in an HOA, power and natural gas are along the road and each
lot has water rights. All lots in the subdivision are at least 5
acres, each site feels private and secluded yet it's a quick drive
into town for a variety of shopping, dining, recreation and free
transportation to Breckenridge and beyond. Winter brings cross
country skiing, ice climbing, fishing, snowmobiling, while summer
invites fly-fishing, hiking and mountain biking and more. If you've
dreamed of owning in the Rocky Mountains, this is a prime
opportunity.
Unit Size
-
Days on Market
-
Land Size
5.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
$54
HOA Dues
-
Year Built
-
Listed By
Jeni Friedrich
LIV Sothebys International Realty- Breckenridge
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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: 12 months ago (REcolorado MLS #1860297)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 10, 2026 | Sold | ||
| Sold | |||
| Jun 17, 2026 | In contract | - | |
| In contract | |||
| Feb 4, 2025 | Listed | $190,000 | |
| Listed | |||
   | |||
|
Premier lot in the newly offered Peak View Subdivision, minutes to Fairplay and a short drive to Breckenridge. This richly treed, gently rolling lot commands sprawling mountain and valley views. Not in an HOA, power and natural gas are along the road and each lot has water rights. All lots in the subdivision are at least 5 acres, each site feels private and secluded yet it's a quick drive into town for a variety of shopping, dining, recreation and free transportation to Breckenridge and beyond. Winter brings cross country skiing, ice climbing, fishing, snowmobiling, while summer invites fly-fishing, hiking and mountain biking and more. If you've dreamed of owning in the Rocky Mountains, this is a prime opportunity.
| |||
Property Highlights
Exterior Details
Property Condition: Not New, Previously Owned
Lot Features: Meadow, Mountains
Lot Size Area: 220414
Lot Size Units: Square Feet
Lot Size Acres: 5.06
Lot Size Square Feet: 220414
Water Source: No Water/Sewer
Financial Details
Tax Annual Amount: $643
Utilities Details
Sewer : Septic Tank, Septic, No Water/Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Park
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Listed by: Jeni Friedrich, LIV Sothebys International Realty- Breckenridge
Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 1860297
© 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.
Last Updated: 12 months ago
Data Source: REcolorado MLS, MLS# 1860297
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