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155 Lamb Mountain Road, 
Fairplay, CO 80440

$675,000


3

Beds


2

Baths


1,596

Sq Ft


Single Family

Active

Listed by

Courtney Peel

Katie Stamp

eXp Realty, LLC, Mountain House Properties

970-688-1414

Last updated:

February 11, 2026, 03:25 PM

MLS#

S1065860

Source:

CO SAR

About This Home

155 Lamb Mountain Road

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.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 2002

Price Summary

675,000

$422 per Sq. Ft.

MLS #:

S1065860

Last Updated:

February 11, 2026, 03:25 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,596 Sq. Ft.


Structure

Structure

Building Area:

1,596 Sq. Ft.

Year Built:

2002


Lot

Lot Size (Sq. Ft):

81,457


Finances & Disclosures

Finances

Price:

$675,000

Price per Sq. Ft:

$422 per Sq. Ft.

Source:CO SAR
The information being provided by Summit Mls, Inc. is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Summit Mls, Inc. All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.