480 CASTELLO AVE, Fairplay, CO 80440

0.17-Acre Residential Lot in the Heart of Fairplay, CO - Utilities Available, Mountain Views, and Huge Investment Potential  This is a rare opportunity to own a 0.17-acre vacant residential lot located right in the charming mountain town of Fairplay, Colorado in the heart of South Park. This beautiful property offers everything you need to build your dream home, vacation retreat, or income-generating investment property. With electricity and city water and sewer services accessible, this lot is ready for development without the complications of off-grid building. Seller Financing available, contact listing agent for details. This property features breathtaking views of Sheep Mountain and is one of the few remaining vacant lots within Fairplay proper-making it a valuable long-term investment. Notably, there is no HOA or Covenants, which gives you freedom and flexibility for development. The seller initially planned to build a duplex and already has a preliminary site plan available upon request. Even more appealing, with a Special Use Permit (SUP), you can potentially split the lot and develop two duplexes-an excellent opportunity for maximizing value and rental income.  Fairplay has recently updated its development code to allow Accessory Dwelling Units (ADUs) by right. This means you can now build a single-family home plus an ADU without needing additional approval-ideal for anyone looking to live in one unit and rent the other, or to create a multigenerational living setup. The property has already been surveyed, saving you time and money in the planning phase.  Fairplay is a vibrant, historic town surrounded by stunning alpine scenery and outdoor adventure. Located just 30 minutes from world-class skiing in Breckenridge, you can hit the slopes with ease during the winter months while enjoying the peaceful small-town lifestyle year-round. For fishing enthusiasts, the nearby Antero Reservoir, Spinney Mountain Reservoir, Eleven Mile State Park, and the renowned Dream Stream offer some of the best trout fishing in the state. In the warmer seasons, enjoy endless opportunities for hiking, mountain biking, and camping in the surrounding national forests and trails. Fairplay is also home to several nearby 14ers, including Mt. Sherman and Mt. Lincoln-ideal for those seeking a true Colorado alpine experience.  Whether you're looking to build a mountain getaway, invest in a growing community, or create passive income through rentals, this lot offers it all. With very few vacant parcels left in town, this is your chance to grab a piece of Fairplay's future. Don't miss out on this beautiful mountain property with views, utilities, and tremendous potential.