# 550 Castello Avenue, Fairplay, CO 80440 > **TL;DR:** 13bd/8ba single family, $1,395,000 ($263/sqft), built 1912, 5,302 sqft. > View. Est. $7,461/mo. Listed 115 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,395,000 | | Price/sqft | $263 | | Bedrooms | 13 | | Bathrooms | 4 full, 2 half | | Square Feet | 5,302 | | Year Built | 1912 | | Lot Size | 14,810 sqft (0.34 acres) | | Property Type | Single Family (Other) | | Status | Active | | Days on Market | 115 | ## Why This Home Stands Out - **Views** - City, Mountains ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $7,054 | | Estimated Insurance | $407 | | **Total** | **$7,461** | ## Key Amenities - View ## Property Highlights - Built in 1912 - 0.34 acre lot ## Description ### Agent Description 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 year-round rental demand driven by recreation, tourism, and the growing local workforce. Additional amenities include a common-area laundry room, abundant off-street parking with a wraparound driveway, an unfinished basement providing additional storage or future potential, and an on-site dumpster. Unit 1 offers 3 bedrooms, 1 bathroom, a dining room, mudroom, and ground-level access. Unit 2 features 4 bedrooms, 1 3/4 bathrooms, and an upper-level deck. Unit 3 includes 2 bedrooms, 1 1/2 bathrooms, an office, and ground-level access. Unit 4 offers 2 bedrooms, 1 bathroom, a dining area, and an upper-level deck. Unit 5 features 2 bedrooms, 1 bathroom, a mudroom, walk-in pantry, walk-in closet, unfinished basement access, and ground-level entry. Whether you're expanding your portfolio or seeking a high-performing mountain investment, this rare multi-family opportunity is ready to produce income from day one. See attached floor plans and Matterport tours for additional details. ## Location - **Address:** 550 Castello Avenue, Fairplay, CO 80440 - **County:** Park - **Neighborhood:** CLARK & BOGUE - **Coordinates:** 39.226321, -105.999363 - **Google Maps:** https://www.google.com/maps?q=39.226321,-105.999363 ## Virtual Tour & Media - **Video Tour:** https://my.matterport.com/show/?m=D4CA4spSdZ2 ## Listing Agent - **Name:** Kevin Broadrick - **Brokerage:** Paffrath & Thomas, Inc. - **Broker Phone:** (970) 453-0466 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/550-Castello-Ave_Fairplay_CO_80440_M16312-46979?f=listhub&s=SARCO&m=S1070286&c=propsimple) ## Photos ![550 Castello Avenue - Photo 1](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f2732344615r.jpg) ![550 Castello Avenue - Photo 2](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f3198429287r.jpg) ![550 Castello Avenue - Photo 3](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f3189444295r.jpg) ![550 Castello Avenue - Photo 4](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f1918425481r.jpg) ![550 Castello Avenue - Photo 5](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f3625771213r.jpg) ![550 Castello Avenue - Photo 6](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f136796225r.jpg) ![550 Castello Avenue - Photo 7](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f546623125r.jpg) ![550 Castello Avenue - Photo 8](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f3676199526r.jpg) ![550 Castello Avenue - Photo 9](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f318227308r.jpg) ![550 Castello Avenue - Photo 10](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f2196947805r.jpg) ![550 Castello Avenue - Photo 11](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f2697552320r.jpg) ![550 Castello Avenue - Photo 12](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f1230502585r.jpg) ![550 Castello Avenue - Photo 13](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f2802111452r.jpg) ![550 Castello Avenue - Photo 14](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f750098423r.jpg) ![550 Castello Avenue - Photo 15](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f1366335477r.jpg) ![550 Castello Avenue - Photo 16](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f1091004703r.jpg) ![550 Castello Avenue - Photo 17](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f1539964761r.jpg) ![550 Castello Avenue - Photo 18](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f285938561r.jpg) ![550 Castello Avenue - Photo 19](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f4294491165r.jpg) ![550 Castello Avenue - Photo 20](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f985383339r.jpg) ![550 Castello Avenue - Photo 21](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f1497914597r.jpg) ![550 Castello Avenue - Photo 22](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f1788141429r.jpg) ![550 Castello Avenue - Photo 23](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f1702946151r.jpg) ![550 Castello Avenue - Photo 24](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f3243241143r.jpg) ![550 Castello Avenue - Photo 25](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f3327187140r.jpg) ![550 Castello Avenue - Photo 26](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f3343401321r.jpg) ![550 Castello Avenue - Photo 27](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f1268765285r.jpg) ![550 Castello Avenue - Photo 28](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f925248480r.jpg) ![550 Castello Avenue - Photo 29](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f2325550356r.jpg) ![550 Castello Avenue - Photo 30](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f4110582119r.jpg) ![550 Castello Avenue - Photo 31](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f4101745467r.jpg) ![550 Castello Avenue - Photo 32](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f1288815558r.jpg) ![550 Castello Avenue - Photo 33](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f3270805976r.jpg) ![550 Castello Avenue - Photo 34](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f4007279899r.jpg) ![550 Castello Avenue - Photo 35](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f3583225021r.jpg) ![550 Castello Avenue - Photo 36](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f2224039024r.jpg) ![550 Castello Avenue - Photo 37](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f1700291604r.jpg) ![550 Castello Avenue - Photo 38](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f673849240r.jpg) ![550 Castello Avenue - Photo 39](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f2433900822r.jpg) ![550 Castello Avenue - Photo 40](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f2799650080r.jpg) ![550 Castello Avenue - Photo 41](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f69080021r.jpg) ![550 Castello Avenue - Photo 42](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f3942889255r.jpg) ![550 Castello Avenue - Photo 43](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f173918398r.jpg) ![550 Castello Avenue - Photo 44](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f2145013060r.jpg) ![550 Castello Avenue - Photo 45](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f1149291347r.jpg) ![550 Castello Avenue - Photo 46](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f1079419489r.jpg) ![550 Castello Avenue - Photo 47](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f2031863058r.jpg) ![550 Castello Avenue - Photo 48](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f3341537548r.jpg) ![550 Castello Avenue - Photo 49](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f2035335017r.jpg) ![550 Castello Avenue - Photo 50](http://lh.rdcpix.com/095c794aacc3e3dcd83ad4777d079681l-f3961410278r.jpg) --- **MLS#:** S1070286 | **Updated:** 2026-10-23 **Source:** listhub *Copyright © 2026 Altitude REALTORS ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/550-castello-avenue-fairplay-co-80440-23e2c93db1ed4f878fd957adac6461ce) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/550-castello-avenue-fairplay-co-80440-23e2c93db1ed4f878fd957adac6461ce#listing", "url": "https://staging.propertysimple.ai/listing/550-castello-avenue-fairplay-co-80440-23e2c93db1ed4f878fd957adac6461ce", "name": "550 Castello Avenue, Fairplay, CO 80440", "description": "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 year-round rental demand driven by recreation, tourism, and the growing local workforce. Additional amenities include a common-area laundry room, abundant off-street parking with a wraparound driveway, an unfinished basement providing additional storage or future potential, and an on-site dumpster. Unit 1 offers 3 bedrooms, 1 bathroom, a dining room, mudroom, and ground-level access. Unit 2 features 4 bedrooms, 1 3/4 bathrooms, and an upper-level deck. Unit 3 includes 2 bedrooms, 1 1/2 bathrooms, an office, and ground-level access. Unit 4 offers 2 bedrooms, 1 bathroom, a dining area, and an upper-level deck. Unit 5 features 2 bedrooms, 1 bathroom, a mudroom, walk-in pantry, walk-in closet, unfinished basement access, and ground-level entry. Whether you're expanding your portfolio or seeking a high-performing mountain investment, this rare multi-family opportunity is ready to produce income from day one. 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