$849,000
$49K PRICE DROP

597 Sheep Ridge Rd Fairplay, CO 80440

Estimated payment $4,931/month

Total Views 3,507
4 Beds
3 Baths
3,800 Sq Ft
$223 Price per Sq Ft

Highlights

  • Primary Bedroom Suite
  • 2.5 Acre Lot
  • Mountain View
  • Gated Community
  • Open Floorplan
  • Clubhouse

About This Home

This spacious log home on 2.5 acres in the sought-after, gated community of Warm Springs offers a rare blend of comfort, craftsmanship, and amenities for everyone. The main level features a massive great room with a dining area and a well-appointed kitchen offering abundant counter space and storage. Log walls, tongue-and-groove ceilings, exposed beams, and a pellet stove create a warm cabin ambiance, while large windows and doors open to a 1,400 sq ft wraparound deck with sweeping mountain views. A generous bedroom and spacious 3/4 bathroom on the main floor could easily be converted into a primary suite. Upstairs, a roomy loft living area leads to the true primary suite, a spacious retreat with his-and-hers closets and a luxury 5-piece bath with custom fixtures. The fully finished basement functions perfectly as a private guest suite, multigenerational living space, or short-term rental lock-off, complete with two large bedrooms, a full bath, a great room, space for a kitchen, and a separate entrance to a backyard patio. The oversized detached garage is a versatile workspace, offering a finished office upstairs, a workshop with 500-amp service powerful enough for welding, and a hydroponic gardening setup. It can easily be converted back for RV storage. Outside, the circular paved driveway, dog kennel with heated dog house, and kids’ playground with a rock climbing wall make the property as functional as it is fun. Notable updates include a new septic system, fresh exterior paint, and new shop skylights. Warm Springs residents enjoy a central water system, privately maintained roads, a community dumpster, stocked fishing ponds, pickleball courts, and multiple access points to National Forest land. Located just minutes from the historic town of Fairplay, with Breckenridge’s world-class skiing only 35 minutes away and Buena Vista’s hot springs, rafting, and 14er hiking just 40 minutes in the other direction, this home is perfectly positioned for year-round adventure.

Listing Agent

Katie Stamp

eXp Realty, LLC Brokerage Email: MountainhouseRE@gmail.com,970-688-1414 License #100073659 Listed on: 10/09/2025

eXp Realty, LLC

Co-Listing Agent

Courtney Peel

eXp Realty, LLC Brokerage Email: MountainhouseRE@gmail.com,970-688-1414 License #100050530

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,964

Year Built

  • Built in 1994

Lot Details

  • 2.5 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Landscaped
  • Mountainous Lot
  • Private Yard
  • Property is zoned RR

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Circular Driveway

Home Design

  • Mountain Contemporary Architecture
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Dining Room
  • Loft
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • 2 Bedrooms in Basement

Accessible Home Design

  • Garage doors are at least 85 inches wide

Outdoor Features

  • Deck
  • Wrap Around Porch

Schools

  • Edith Teter Elementary School
  • South Park Middle School
  • South Park High School

Utilities

  • No Cooling
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Radiant Heating System
  • Propane
  • Septic Tank

Listing and Financial Details

  • Exclusions: Seller's personal possessions.
  • Property held in a trust
  • Assessor Parcel Number 38557

Community Details

Overview

  • Association fees include snow removal
  • Warm Springs Ranch Association, Phone Number (719) 836-0759
  • Warm Springs Ranch Subdivision

Recreation

  • Tennis Courts
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,964

Year Built

Built in 1994

Lot Details

0

HOA Fees

$140 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mountain Contemporary
  • Structure Type: House
  • Levels: Two
  • Year Built: 1994
  • Above Grade Finished Sq Ft: 2408
  • Exclusions: Seller's personal possessions.
  • Living Area: 3800
  • Directions: From Fairplay take 285 South, left on county road 20, Go to gate (put in combo) Go right, follow around subdivision,stay on High Creek Rd to the top, stay Left when you reach Sheep Ridge Road, Property on Left.
  • SubdivisionName: Warm Springs Ranch
  • Co List Office Mls Id: RECEXPCO
  • Ownership: Corporation/Trust
  • Property Attached Yn: No
  • REC_BasementLevelBedrooms: 2
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 1
  • REC_WaterIncludedYN: 1
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Five Piece Bath, Open Floorplan, Primary Suite, Vaulted Ceiling(s)
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Basement: Finished, Full, Interior Entry, Walk-Out Access
  • Basement: Yes
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1392
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Window Features: Window Coverings

Exterior Features

  • Roof: Metal
  • Construction Materials: Log
  • View: Mountain(s)
  • Exterior Features: Private Yard
  • Patio and Porch Features: Deck, Front Porch, Wrap Around
  • Road Frontage Type: Private Road
  • Road Surface Type: Dirt

Garage/Parking

  • Parking Features: Circular Driveway, Oversized Door
  • Attached Garage: No
  • Garage Spaces: 3
  • Total Parking Spaces: 3

Utilities

  • Utilities: Electricity Connected, Propane
  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Baseboard, Pellet Stove, Radiant
  • Water Source: Public
  • Laundry Features: In Unit
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Association Name: Warm Springs Ranch
  • Association Fee Frequency: Annually
  • Association Amenities: Clubhouse, Gated, Tennis Court(s), Trail(s)
  • Association Fee: 1680
  • Phone: (719) 836-0759
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 1680.00
  • REC_AssociationFeeTotalAnnual: 1680.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_AssociationURL: www.wsomwa.com

Schools

  • Middle Or Junior School: South Park

Lot Info

  • Parcel Number: 38557
  • Lot Size Acres: 2.5
  • Building Area Total: 3800
  • Lot Features: Landscaped, Mountainous
  • Lot Size Sq Ft: 108900

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3964

MLS Schools

  • Elementary School: Edith Teter
  • High School: South Park

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,964 $65,210 $8,390 $56,820
2023 $3,964 $65,210 $8,390 $56,820
2022 $2,314 $36,160 $3,701 $32,459
2021 $2,263 $37,200 $3,810 $33,390
2020 $1,811 $28,830 $2,890 $25,940
2019 $1,753 $28,830 $2,890 $25,940
2018 $1,596 $28,830 $2,890 $25,940
2017 $1,438 $25,690 $2,790 $22,900
2016 $1,487 $27,440 $2,900 $24,540
2015 $1,517 $27,440 $2,900 $24,540
2014 $1,496 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2025 11/15/25 Price Changed $849,000 -5.5% $223 / Sq Ft
10/06/2025 10/06/25 Price Changed $898,000 -4.0% $236 / Sq Ft
09/14/2025 09/14/25 Price Changed $935,000 -4.1% $246 / Sq Ft
08/15/2025 08/15/25 For Sale $975,000 -- $257 / Sq Ft
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $653,422 Fntc (Fidelity National Title)
Warranty Deed $462,075 Fidelity National Title
Warranty Deed $370,000 Security Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $494,000 Future Advance Clause Open End Mortgage
Previous Owner $351,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: REcolorado®

MLS Number: 5599573

REcolorado®

APN: 38557