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550 Castello Avenue, Fairplay, CO 80440

Fairplay
Local realty services provided by:CENTURY 21 Top Dog Properties
550 Castello Avenue,Fairplay, CO 80440
$1,400,000
  • 13 Beds
  • 8 Baths
  • 5,302 sq. ft.
  • Single family
  • Active
Listed by: kevin broadrick
Office: paffrath & thomas r.e.s.c
MLS#:S1070286
Source:CO_SAR

Price summary

  • Price:$1,400,000
  • Price per sq. ft.:$264.05

About this home

Exceptional investment opportunity in the heart of Fairplay! This fully remodeled, turn-key five-unit apartment style building offers immediate income potential in one of Colorado's fastest-growing mountain communities. Rich in local history, 550 Castello Avenue has been extensively renovated over the past several years, blending historic character with modern updates to create an attractive, low-maintenance asset. The property encompasses more than 5,300 square feet and features five spacious apartments totaling 13 bedrooms. Every unit has been thoughtfully updated with new kitchens, remodeled bathrooms, updated flooring, fresh interior paint, modern lighting, new water heaters, and numerous additional improvements. A new roof further enhances the property's long-term value, allowing investors to focus on generating income rather than deferred maintenance. Ideally situated just two blocks from Highway 9 and only 22 miles from world-renowned Breckenridge Resort, the location offers...

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Home facts

  • Year built:1912
  • Subdivision & Development:CLARK & BOGUE
  • Listing ID #:S1070286
  • Added:63 day(s) ago
  • Updated:September 11, 2026 at 02:44 PM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:8
  • Full bathrooms:4
  • Half bathrooms:2
  • Flooring:Carpet, Luxury Vinyl Tile, Tile
  • Kitchen Description:Dishwasher, Electric Range, Microwave, Refrigerator
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:5,302 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1912
  • Building area:5,302 sq. ft.
  • Lot area:0.34 Acres
  • Lot Features:City Lot
  • Architectural Style:Victorian
  • Construction Materials:Wood Frame
  • Exterior Features:Deck
  • Foundation Description:Poured

Utilities

  • Water:Public, Water Available
  • Sewer:Connected, Public Sewer, Sewer Available, Sewer Connected

Finances and disclosures

  • Price:$1,400,000
  • Price per sq. ft.:$264.05
  • Tax amount:$3,241 (2025)

Features and amenities

  • Appliances:Dishwasher, Microwave, Refrigerator, Washer
  • Laundry features:Common Area, Dryer, Washer

Parking

  • Parking description:Parking Pad

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