550 Castello AVE, Fairplay, CO 80440
550 Castello AVE, Fairplay, CO 80440
550 Castello AVE, Fairplay, CO 80440
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$1,400,000
Est. payment /mo
0.34 Acres Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Clark & Bogue

MLS Listing ID S1055839

Year Built 1912

Annual Tax Amount $3,241

Tax Year 2025

Lot Size 0.340 Acres

Acres 0.34

Property Description

5-unit apartment building located in the Town of Fairplay, CO! This remodeled, turn-key property is an investor's dream. 550 Castello Avenue has amazing history, and has undergone a major renovation over the past couple years. The building consists of over 5,300 square feet, with 5 apartments, totaling 13 bedrooms. Each unit boasts new kitchens, bathrooms, flooring, paint, lighting, water heaters, and various other upgrades. Located just 22 miles from world renowned Breckenridge Resort, and 2 blocks from HWY 9, this property is designed to offer consistent and lucrative rentals income year-around. All of the hard work has been done, with the installation of a new roof and full interior remodel. Start renting today! Some of the other great features of this property include, a common-area laundry room, wrap around driveway with abundant parking, unfinished basement area, and on-site dumpster. Unit 1 includes 3-bedrooms, 1-bathroom, mud room, dining room, and ground floor access. Unit 2 includes 4-bedrooms, 1 3/4-bathooms, top floor access with deck. Unit 3 includes 2-bedrooms, 1 1/2-bathrooms, office, and ground floor access. Unit 4 includes 2-bedrooms, 1-bathroom, dining room, top floor access, and deck. Unit 5 includes 2-bedrooms, 1-bathroom, mud room, walk-in pantry, walk-in closet, unfinished basement. and ground floor access. See attached floorplans and Matterport tours for more details.

Location

State CO

County Park

Area Park County

Direction From HWY 9 in Fairplay, turn North onto Fifth Street. Turn Right onto Castello Avenue. Property located on the Left.

Interior

Heating Forced Air, Natural Gas

Cooling Ceiling Fan(s)

Fireplace No

Exterior

Parking Features Driveway, Off Street, Parking Lot, Parking Pad

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Trash Collection, Water Available

Amenities Available Snow Removal

Water Access Desc Public

Roof Type Architectural, Shingle

Street Surface Gravel

Building

Dwelling Type Multi Family

Sewer Public Sewer

Water Public

Others

Pets Allowed Yes

Tax ID 339

Pets Allowed Yes


Read Less Info
Altitude MLS / Summit County MLS
Listed by Paffrath & Thomas R.E.S.C (970) 453-0466

NEARBY SCHOOL & BUSINESS

Marco Del Zotto
Marco Del Zotto
Global Real Estate Advisor - Founder | License ID: FA100074534
Marco Del Zotto
Global Real Estate Advisor - Founder | License ID: FA100074534

From the peaks of the Colorado mountains to the design sensibility of Milan, Marco Del Zotto brings a distinct global perspective to luxury real estate.

 

Originally from Italy and shaped by a background in professional athletics, Marco approaches real estate with discipline, precision, and a focus on execution. As part of LIV Sotheby’s International Realty, he combines the strength of a globally recognized brand with a highly structured, detail-driven approach to representation.

 

Specializing in high-end properties, second homes, and investment real estate, Marco has developed a particular expertise in short-term rental assets, advising clients not only on acquisition and sale, but on long-term performance and positioning. His own experience in managing investment properties provides a practical, data-driven edge that extends beyond traditional brokerage.

 

With over $167M in closed sales and a strong referral network from Denver and beyond, Marco has built his business on consistency, discretion, and results. His approach integrates sophisticated marketing, global exposure, and a carefully curated backend team—including design, media, and transaction coordination—to ensure every detail is executed seamlessly.

 

Known for being direct, highly responsive, and fully engaged throughout the process, Marco operates with a clear standard: this is not about participation—it is about execution.

 

For those who value strategy, precision, and a higher level of representation, the first step is simple: have the conversation.

From the peaks of the Colorado mountains to the design sensibility of Milan, Marco Del Zotto brings a distinct global perspective to luxury real estate.

 

Originally from Italy and shaped by a background in professional athletics, Marco approaches real estate with discipline, precision, and a focus on execution. As part of LIV Sotheby’s International Realty, he combines the strength of a globally recognized brand with a highly structured, detail-driven approach to representation.

 

Specializing in high-end properties, second homes, and investment real estate, Marco has developed a particular expertise in short-term rental assets, advising clients not only on acquisition and sale, but on long-term performance and positioning. His own experience in managing investment properties provides a practical, data-driven edge that extends beyond traditional brokerage.

 

With over $167M in closed sales and a strong referral network from Denver and beyond, Marco has built his business on consistency, discretion, and results. His approach integrates sophisticated marketing, global exposure, and a carefully curated backend team—including design, media, and transaction coordination—to ensure every detail is executed seamlessly.

 

Known for being direct, highly responsive, and fully engaged throughout the process, Marco operates with a clear standard: this is not about participation—it is about execution.

 

For those who value strategy, precision, and a higher level of representation, the first step is simple: have the conversation.

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550 Castello AVE