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Warm Springs Real Estate

Warm Springs, often called Warm Springs Ranch, is a gated mountain community a few miles south of Fairplay off US 285. Roads like Sheep Ridge, High Creek and Mullenville wind through aspen and pine with views across South Park and to the surrounding peaks. Fairplay is about 15 minutes away.

Homes in Warm Springs

Homes are mostly 1990s and 2000s mountain homes with two to four bedrooms on lots of roughly one to two and a half acres, plus some recent new construction. Vacant lots are available for buyers who want to build inside a gated, amenity community.

Warm Springs Market Snapshot (November 2026)

  • Closed sales in the past 24 months: about 32, from roughly $70,000 for a lot to $1 million
  • Average price of recent sales: roughly $495,000, or about $335 per square foot for homes
  • Currently for sale: about 16 properties, from roughly $105,000 to $1.25 million

Good to Know

The Warm Springs Owners and Mutual Water Association runs the gate and community amenities, including a clubhouse, tennis courts, trails and a seasonal pond. Dues are higher than most associations in the area, so ask for the current amount, what it covers and how water is supplied to each lot. Schools are in Park County School District RE-2 in Fairplay.

Buying or Selling in Warm Springs?

Call Kevin at 970.306.9000 or Kristen at 970.389.8619, or browse recently sold homes. See more of the area on our Fairplay page.

Warm Springs Properties for Sale

3418 High Creek Rd, Fairplay
$1,245,000
4 Beds ⋅ 5 Baths ⋅ S1067839 MLS
Luxury Mountain Retreat with Premier Four-Season Location Assumable Low-Interest Loan! A rare opportunity to own an exceptional mountain retreat that offers both immediate financial value and timeless Colorado luxury. One of the home’s most compelling features is an assumable VA loan with a low interest rate, providing qualified buyers the potential to save thousands over the life of the loan. Featured on HGTV, this stunning log home is thoughtfully positioned on two private acres surrounded by mature aspens with sweeping mountain and valley views. Designed for both entertaining and everyday comfort, the home offers 4 bedrooms, 5 bathrooms, a dedicated office, and an impressive collection of upscale amenities. The spacious interior showcases premium craftsmanship throughout, including three fireplaces, two steam showers, a luxurious MicroSilk® soaking tub, granite countertops, an induction range, soft-close cabinetry, and a game room with pool table. Step outside to the expansive 600-square-foot covered deck, where a private hot tub provides the perfect setting to relax while taking in the spectacular alpine scenery. Ideally located as the ultimate Colorado luxury basecamp, the property offers convenient access to world-class skiing with Epic or IKON pass, along with whitewater rafting in Buena Vista, endless hiking and biking trails, fishing, and year-round outdoor recreation throughout South Park. Whether you’re searching for a private mountain sanctuary, a luxury second home, or a premier short-term rental investment, this property offers an exceptional combination of location, lifestyle, and value. Warm Springs Ranch residents also enjoy exclusive community amenities, including gravity-fed fishing ponds, open space and hiking trails, and athletic courts for tennis, pickleball, and basketball. Luxury, location, recreation, and an assumable low-interest VA loan make this an extraordinary opportunity in today’s market.

3418 High Creek Rd, Fairplay
917 Sheep Ridge Rd, Fairplay
$1,185,000
4 Beds ⋅ 5 Baths ⋅ S1069740 MLS
Experience panoramic mountain views from this exceptional Colorado legacy cabin in the highly sought-after gated community of Warm Springs Ranch. This custom log home showcases timeless mountain craftsmanship with soaring vaulted ceilings, sophisticated yet beautiful beam work, and a grand wood-burning fireplace that creates the perfect setting for gathering with family and friends. Designed for both entertaining and everyday mountain living, the spacious floor plan features 4 bedrooms, a large media room, a dedicated workout room, and multiple inviting living spaces. Three of the four bedrooms offer private decks where you can take in the stunning views and peaceful alpine setting. A detached three-car garage with an expansive lofted storage area provides ample room for vehicles, outdoor gear, and recreational toys. Situated on a desirable corner lot surrounded by mature aspen trees, the property offers exceptional privacy and year-round beauty. This is one of the largest lots in Warm Springs at 2.5 Acres. Warm Springs Ranch delivers an unmatched mountain lifestyle with community water, privately maintained roads, trash service, stocked fishing ponds, pickleball courts, and direct access to National Forest lands. Fairplay is just minutes away, with Breckenridge approximately 35 minutes and Buena Vista about 40 minutes, putting world-class skiing, fly fishing, rafting, hot springs, hiking, and countless outdoor adventures within easy reach. Whether you're searching for a full-time residence, a luxurious mountain retreat, or a legacy property to enjoy for generations, this remarkable home embodies the very best of Colorado mountain living.

917 Sheep Ridge Rd, Fairplay
271 Sheep Ridge Rd, Fairplay
$815,000
4 Beds ⋅ 3 Baths ⋅ S1071329 MLS
Seller offering a $10,000 concession to Buyer at closing, subject to lender approval and acceptable offer terms! Mountain character meets modern comfort in this beautifully updated 4-bedroom, 3-bath home on 1.25 acres in the gated Warm Springs Ranch community. With 3,432 square feet of finished living space, beautiful mountain and valley views, and generous indoor and outdoor living areas, the home offers a compelling combination of space, privacy, and access to the Colorado outdoors. The main level features an open living area with abundant natural light, hardwood floors, a gas fireplace, and access to both a private front porch and expansive back deck. The primary suite includes a five-piece bathroom, walk-in closet, and private deck access. Downstairs, a spacious second living area with a gas fireplace provides additional space for guests, recreation, or a home office, along with additional sleeping space. Recent improvements include a remodeled lower-level bathroom, LVP flooring and paint (2024), septic improvements (2024), re-stoned fireplaces (2025), and a new roof, gutters, chimney work, and skylight (2026). Warm Springs Ranch offers stocked fishing ponds, private hiking trails, a clubhouse, tennis and pickleball courts, and a gated entrance. National Forest and an abundance of hiking, biking, fishing, camping, hunting, and off-road recreation are nearby, while Fairplay, Buena Vista, and Summit County remain within convenient reach.

271 Sheep Ridge Rd, Fairplay
2020 Mullenville Rd, Fairplay
$685,000
3 Beds ⋅ 3 Baths ⋅ S1071868 MLS
Tucked within the private, gated community of Warm Springs Ranch, this 1.2-acre property offers a rare blend of wooded privacy and open space, perfectly positioned to capture sweeping 180-degree mountain views including iconic Pikes Peak. Backing directly to BLM land, this setting delivers both peaceful seclusion and immediate access to outdoor adventure. This 3-bedroom, 3-bath home spans 2,036 square feet and has been thoughtfully updated throughout. French doors open to a wraparound deck, extending the living space outdoors and creating an inviting spot for morning coffee, summer dinners, and taking in the changing light from sunrise to sunset. With room to gather, relax, and enjoy the views, the deck is a natural centerpiece of the home. Inside, warm hardwood floors flow through the main living areas, complemented by custom handcrafted hickory cabinetry, new bright granite kitchen countertops, and stainless steel appliances. Each bathroom has been tastefully remodeled with custom vanities and updated flooring, creating a cohesive, move-in-ready feel. The main-level primary suite features a walk-in closet and private en-suite bath, while the upper level offers a spacious and private guest suite, also complete with its own bath and walk-in closet. Additional features include a tankless hot water system, natural gas, Lennox forced-air heating, and an attached two-car garage. A large outdoor shed provides ample space for tools, gear, and seasonal storage. As part of Warm Springs Ranch, residents enjoy access to stocked private fishing ponds, a community clubhouse, tennis and pickleball courts, hiking trails, and year-round gated security, all just minutes from Fairplay and approximately 35 minutes to Breckenridge for world-class skiing, dining, and recreation. If you’ve been searching for a mountain home that offers privacy, thoughtful updates, and access to exceptional amenities, this property delivers.

2020 Mullenville Rd, Fairplay
612 Sheep Ridge Rd, Fairplay
$629,000
3 Beds ⋅ 2 Baths ⋅ S1068280 MLS
BEAUTIFUL MOUNTAIN RETREAT in WARM SPRINGS - PANORAMIC VIEWS & REFINED COMFORT Discover elevated mountain living in this beautifully maintained 3-bedroom, 2-bathroom retreat set within the exclusive, Warm Springs gated community of Fairplay. Thoughtfully positioned to capture sweeping, unobstructed mountain vistas, this home blends refined comfort with the serenity of a private alpine setting. The main level offers a bright, inviting flow, while the walk out lower level provides a private bedroom and bath - an ideal sanctuary for guests or extended stays. The kitchen and main level bathroom offer in floor radiant heating and the natural gas fireplaces will keep you warm and cozy even if the power goes out. A detached two car garage adds generous space for vehicles, mountain gear and seasonal storage, enhancing the home's functionality and appeal. Warm Springs is one of Park County's most desirable enclaves, offering access to 7 fishing ponds, a tennis court, a welcoming clubhouse and miles of hiking and mountain biking trails. Whether envisioned as a full-time residence, second home or a rental income opportunity, this property delivers a rare combination of natural beauty, privacy and year-round accessibility. The home is located only 10 minutes from the historical mining town of Fairplay for a compliment of amenities, 45 minutes to Breckenridge for world class skiing / resort fun and about an hour and a half to Denver. This could be the perfect opportunity to own the mountain home of your hopes and dreams.

612 Sheep Ridge Rd, Fairplay
108 Sheep Ridge Rd, Fairplay
$545,000
3 Beds ⋅ 2 Baths ⋅ S1069809 MLS
Backing to open space and framed by mature aspens, this beautifully maintained mountain retreat offers privacy, comfort, and easy mountain living on 1.2 acres in Warm Springs. The single-level, 3-bedroom, 2-bath home features new flooring and a freestanding gas stove with a striking river rock backdrop, while large windows bring the outdoors in. Elk and deer are frequent visitors, while the spacious deck captures mountain views. A fully fenced yard and large asphalt driveway provide flexibility for pets, guests, RVs, and recreational gear. Built in 2014 and just over Hoosier Pass from Breckenridge, this move-in-ready home is an ideal full-time residence or weekend escape.

108 Sheep Ridge Rd, Fairplay
167 Stellar Jay Way, Fairplay
$525,000
3 Beds ⋅ 2 Baths ⋅ S1070267 MLS
If you've been dreaming of an authentic Colorado log home, this cozy mountain cabin offers the warmth, character, and peaceful setting you've been searching for. Inside, you'll find vaulted ceilings, warm natural wood throughout, and a wood-burning stove that creates the perfect gathering place after a day of mountain adventures. The home features two spacious main-level bedrooms, including one with a walk-in closet and sliding glass doors leading to the deck. Upstairs, the private primary suite sits beside a large loft, creating a comfortable space with its own private deck set amongst the trees. With three bedrooms, two bathrooms, and a versatile loft, there's plenty of room for family, guests, or a home office. The south-facing covered front deck spans the full length of the home and offers mountain views in two directions. Enjoy your morning coffee, evenings around the backyard fire pit, and a beautiful garden filled with native Colorado columbines. The home backs to a large private parcel and is bordered by established homes on either side, creating a peaceful setting with added privacy. Situated on two combined lots totaling 1 acre, this property offers extra space and flexibility. Enjoy the additional privacy today, or explore the potential to build or sell the second lot. Located less than a quarter mile from the paved entrance to Warm Springs Ranch, you'll enjoy easy year-round access with very little dirt road driving. Walk to the community center, tennis and pickleball courts, and basketball court, then enjoy seven stocked trout ponds, National Forest access trails, community water, privately maintained roads, and convenient trash service. Community water and a fire hydrant at the street provide added peace of mind and may offer savings on homeowner's insurance. Just 40 minutes from Breckenridge Ski Resort and the Arkansas River, this is the perfect basecamp for skiing, fishing, rafting, hiking, and year-round mountain living.

167 Stellar Jay Way, Fairplay
56 Sheep Ridge Rd, Fairplay
$499,000
3 Beds ⋅ 2 Baths ⋅ S1069698 MLS
Tucked into an aspen grove in the gated Warm Springs community, 56 Sheep Ridge Road offers a freshly painted interior and exterior, brand-new carpeting, and a detached two-car garage. The open floor plan features a functional layout with large windows, new shades, and a wraparound deck to enjoy in the warmer months. Downstairs, there’s a walkout entrance, the primary suite anchored by a gas fireplace, and a laundry room. With the National Forest and hiking trails a block away and Breckenridge just over the pass, this is a great full-time home or adventure basecamp.

56 Sheep Ridge Rd, Fairplay
1301 Sheep Ridge Rd, Fairplay
$499,000
3 Beds ⋅ 2 Baths ⋅ S1068346 MLS
Great home in a sought-after neighborhood! This Warm Springs property offers easy year-round access on a sunny 1.25-acre lot with sweeping views in every direction. Move-in ready and fully furnished, this ranch-style home comfortably accommodates a large group with three spacious bedrooms and an open floor plan. Vaulted tongue-and-groove ceilings extend throughout the entire home, creating a warm mountain feel. The kitchen features granite countertops, stainless steel appliances, and comes fully stocked. The living room showcases stunning mountain and valley views, complemented by a cozy wood-burning fireplace. A covered front porch welcomes you inside, along with a convenient entry nook for boots and coats. Out back, enjoy a large private deck with panoramic views that stretch for miles. Relax under the stars in the hot tub or host outdoor meals with space for a dining table and grill. The circular driveway offers plenty of parking for vehicles and trailers. Located in the gated Warm Springs community, owners enjoy access to stocked fishing ponds, HOA-maintained water, miles of hiking trails, and well-maintained roads—all just a short drive to Fairplay. Whether you're looking for a full-time residence, mountain getaway, or short-term rental investment, this property checks all the boxes.

1301 Sheep Ridge Rd, Fairplay
1040 Sheep Ridge Rd, Fairplay
$498,000
2 Beds ⋅ 1 Baths ⋅ S1072113 MLS
Single level living broadens your rental guest pool to include guests needing the ease of living without stairs. PET FRIENDLY FENCED IN garden area allows safe run for dogs. FULLY REMODELED less than 4 years ago, this lives like new. Everything is 2-4 years old, including roof, windows, composite wrap around deck, appliances, mechanicals **RECENT RENTAL HISTORY** makes this a GREAT OPPORTUNITY FOR INVESTORS! Vaulted tongue and groove ceilings add volume to the open floorplan and keep you connected with guests as you cook in the beautiful kitchen with soft close cabinets, leathered granite counters, JennAir range and more. The large stone fireplace will keep you warm on cooler days while you gaze through the FLOOR TO CEILING WINDOWS at the MASSIVE MOUNTAIN VIEWS. A separate, finished and heated artist studio WITH LOFT can be used as separate office or bunk room for extra sleeping. Sat on a generously sized ONE ACRE LOT, with beautiful aspen groves and pines, inside this GATED COMMUNITY, you'll love the tranquility of the location and enjoy the peace and serenity of mountain living. The CIRCULAR DRIVEWAY and the flat lot allow for effortless ingress and egress. Everything about this cabin makes it the perfect choice for a vacation home, investment home, getaway home or your special place to call home.

1040 Sheep Ridge Rd, Fairplay
2346 High Creek Rd, Fairplay
$395,000
2 Beds ⋅ 1 Baths ⋅ S1056568 MLS
Charming 2-bedroom 1 bath home in the Gated Community of Warm Springs. This single level Ranch home is ready to be enjoyed from the inside out to its welcoming deck! Peacefulness becomes a luxury on this 1-acre property surrounded by an Aspen grove, situated next to 33 acres of Open Space and Pikes National Forest across the road. Discover private fishing ponds right down the street—a haven for anglers seeking a serene & stocked setting to perfect their casting skills. And if you crave a touch of mountain town life, Breckenridge is just a 45-minute drive away. Here you will find world-class skiing, diverse dining options, and vibrant shopping experiences before retreating to the tranquility of your mountain retreat! Short Term Rental licenses are available through Park County & the HOA if you'd like to use your mtn getaway as an income producing investment too! Seize the opportunity to own this remarkable Warm Springs Ranch home—a perfect balance of seclusion and access to the quintessential mountain lifestyle.

2346 High Creek Rd, Fairplay
751 Lamb Mountain Rd, Fairplay
$150,000
S1064135 MLS
This is THE BEST lot in WSR, 2.5 acres perched on the western edge, abutting 20,000 acres of National Forest and commanding near panoramic views. The lot is richly treed with Aspen and Pine. Gently sloping with many potential build sites, it's a blank canvas inviting your dreams of owning in the Rockies. The property is located on a quiet cul-de-sac, directly above the ponds where the "warm" springs rise up and feed the ponds, and community well. The upper pond is warm to the touch. The lower and center ponds are stocked and provide private fishing to the community. Mountain ranges extend from Mount Silverheels, Pikes Peak to the Collegiate Range. To the west the Ranch is surrounded by acres of National Forest with private access trails dotting the neighborhood. The center features dedicated Conservation/Open Space, and further to the east DOW lands are home to throngs of Pronghorn and Elk. A clubhouse hosts community events and an annual BBQ to get to know your neighbors. Old miner cabins and relics of the gold rush days remain at the ranch and speak to the rich history of Park County. Minutes to town for shopping, dining, events, a rec center and free transportation to Breckenridge on the Summit Stage or Bustang for statewide travel. A quick drive to the south puts you in Buena Vista for river rafting, shopping, dining and a variety of signature events. Warm Springs Ranch is centrally located for easy access to all the adventures found in the Colorado Rockies, own your piece of paradise.

751 Lamb Mountain Rd, Fairplay
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