566 Palmer Peak Drive S, Fairplay, CO, 80440
About This Home
NEW BUYER FRIENDLY PRICE! Welcome to your own private mountain retreat in the highly sought-after Silverheels Ranch community. Set on 5 secluded acres surrounded by towering pines, aspens, rock outcroppings, abundant wildlife, and breathtaking mountain views, this property offers the Colorado lifestyle buyers dream about. One of the most desirable features of this location is the incredible access to the outdoors. The Crooked Creek Road trailhead is just 0.7 miles away, providing miles of hiking, horseback riding, hunting, wildlife viewing, and backcountry exploration practically from your doorstep. Opportunities like this are exactly why so many buyers are drawn to Silverheels Ranch. Inside, the home offers over 3,800 square feet of thoughtfully designed living space with soaring ceilings, expansive windows, exposed beams, and an open-concept layout that perfectly captures the surrounding mountain views. The spacious kitchen features granite countertops and stainless steel appliances, while the great room creates the ideal gathering space for entertaining family and friends. Recent updates include new composite siding, fresh exterior paint, gutters and downspouts, a French drain beneath the driveway for improved drainage, recycled asphalt driveway surfacing, and luxury vinyl plank flooring throughout the main level. The home's southern orientation allows the Colorado sunshine to naturally warm the interior, creating an inviting and energy-conscious living environment year-round while providing plenty of flexibility for full-time living, vacation use, or hosting guests. Owners enjoy access to stocked fishing ponds within the community, while the property itself is frequented by moose, elk, and deer. Horses are permitted, county-maintained roads provide reliable year-round access, and you're only minutes from Fairplay, Breckenridge, and Buena Vista.
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Property condition: Resale
- Year built: 2006
Materials
- Roof: Architectural,Shingle
- Construction materials: Block,Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Freezer,Disposal,Gas Range,Gas Water Heater,Microwave,Oven,Refrigerator,Dryer,Washer
- Laundry features: In Unit
Basement
- Has basement: Yes
- Basement: Exterior Entry,Full,Walk-Out Access,Finished,Heated
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Basement
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Bonus Room
- Level: Basement
Family Room
- Level: Main
Features
- Ceiling Fan(s),Five Piece Bathroom,Granite Counters,High Ceilings,High Speed Internet,Kitchen Island,Primary Suite,Open Floorplan,Smoke Free,Cable TV,Vaulted Ceiling(s),Walk-In Closet(s),Utility Room
- Flooring: Carpet,Laminate,Tile
Heating
- Heating features: Passive Solar,Radiant Floor
Interior Area
- Total interior livable area: 3,159 sqft
Kitchen
- Level: Main
Laundry
- Level: Main
Loft
- Level: Upper
Other
- Level: Main
Other
- Level: Upper
Other
- Level: Basement
Primary Bedroom
- Level: Upper
Utility Room
- Level: Basement
Property
Details
- Parcel number: 36246
- Zoning description: Residential Rural
- Exclusions: No,Sellers' personal property,ATV with plow.
Features
- Levels: Three Or More,Multi/Split
- Has view: Yes
- View description: Mountain(s),Southern Exposure,Valley,Trees/Woods
Lot
- Lot size: 5 Acres
- Features: Rolling Slope,Many Trees,See Remarks
Parking
- Total spaces: 2
- Parking features: Attached,Driveway,Exterior Access Door,Finished Garage,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Hail
- Winter Weather
- Inland Flooding
- Landslide
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,803 | $57,636 |
| Home Insurance * | $380 | $4,560 |
| Property Taxes | $308 | $3,696 |
| Electricity | $238 | $2,861 |
| Total | $5,729 | $68,748 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-06 | Price change | $899,000 |
| 2026-07-24 | Listed for sale | $949,900 |
View on Zillow