651 Lamb Mountain Rd, Fairplay, CO 80440

Property Description

Welcome to your private mountain retreat in the heart of Warm Springs. Set on 5 scenic acres, this exceptional property offers the perfect balance of privacy, breathtaking natural beauty, and outstanding investment potential in an STR-friendly location — less than 10 minutes from Main Street Fairplay and the local grocery store. Take in sweeping panoramic views of snow-capped mountain peaks from nearly every room, while a mature aspen grove creates a peaceful setting that transforms beautifully with the seasons. Step outside to direct access to more than 20,000 acres of National Forest — endless hiking, mountain biking, wildlife viewing, and backcountry adventure from your doorstep. Inside, the home has been extensively updated throughout, blending mountain character with modern comfort. Soaring vaulted ceilings with exposed beams set the tone, while every bathroom has been fully renovated with new vanities, stone countertops, updated fixtures, and fresh finishes. The kitchen features new appliances, with new luxury vinyl plank flooring, fresh paint, and updated lighting throughout. Infrastructure upgrades include a new high-altitude water heater, optimized furnace system, and smart thermostat. With five bedrooms, three bathrooms, multiple spacious living areas, a private office, a wet bar, and abundant storage, there is room for family and guests to gather comfortably. After a day outdoors, soak in the private hot tub beneath a sky full of stars or gather around the fire pit on a crisp mountain evening. Whether you're searching for a full-time residence, a luxurious vacation home, or a proven income-producing investment, this property delivers. With more than $110,000 in STR income each of the past three consecutive years, this is a rare opportunity to own a mountain escape with both an exceptional lifestyle and impressive earning potential.