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Property Description

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.

Overview

Property Status
Sold
Date Sold
June 8, 2026
Lot Size
1.87 Acres
MLS ID
2096353
Property Type
Residential
Year Built
2002

Features & Amenities

Total Area
1,596 Sq.Ft.
View Description
Meadow, Mountain(s)
Stories
2
Garage Spaces
1.0
Water Source
Public
Utilities
Electricity Connected
Roof
Metal
Lot Features
Borders National Forest, Many Trees, Secluded, Sloped
Parking
Gravel
Heat Type
Baseboard, Electric
Air Conditioning
Other
Fireplace
Living Room
Appliances
Cooktop, Disposal, Microwave, Oven, Refrigerator
Other Interior Features
Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Granite Counters, Kitchen Island, Marble Counters, Primary Suite, Smoke Free, Tile Counters, Vaulted Ceiling(s), Walk-In Closet(s)
Sewer
Septic Tank
HOA Amenities
Clubhouse, Gated, Pond Seasonal, Tennis Court(s), Trail(s)
Other Exterior Features
Gas Grill, Private Yard, Rain Gutters, Spa/Hot Tub
Elementary School
Edith Teter
Middle School
South Park
High School
South Park
School District
Park County RE-2
Sales Price
$662,000
Real Estate Tax
$2,470/yr
HOA
$1,680/yr
Zoning
Single Family

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155 Lamb Mountain Road

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for your interest in 155 Lamb Mountain Road, Fairplay, CO 80440

155 Lamb Mountain Road
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