3418 High Creek Rd, Fairplay, CO 80440

Welcome to your mountain sanctuary! Nestled on two acres within the gated community of Warm Springs Ranch in Fairplay, this remarkable 4-bed, 5-bath log home is a testament to rustic elegance and modern comfort with a blend of natural beauty and luxurious amenities. As you step inside, you're greeted by the warmth of tongue and groove wood ceilings and walls, enveloping you in the charm of true log home living. The heart of the home is the inviting two-story great room, boasting a floor-to-ceiling stone fireplace that anchors the space with rustic grandeur. The gourmet kitchen is a chef's delight, featuring an expansive island, stainless steel appliances and a pantry for all your culinary essentials. The expansive covered deck offers panoramic mountain vistas and al fresco dining. The main level also hosts one bedroom with ensuite bath and an additional full bathroom. Upstairs offers a versatile space for a reading nook, study area, or workout space, while the primary bedroom beckons with its vaulted wood ceilings, fireplace, and spa-like bath complete with a soaking tub, custom tiled shower, and double vanity. Entertainment awaits in the walkout basement, where an oversized family room with a third fireplace and game room with a billiards table awaits. Two additional bedrooms, each with ensuite baths, ensure privacy and comfort for all. Step outside to unwind in the hot tub or gather around the firepit, surrounded by the serene beauty of the mountains and starry skies. Enjoy exclusive access to National Forest, private stocked fishing ponds, hiking and snowshoeing trails, outdoor pickleball court and clubhouse. Easy access to Breckenridge, Keystone, A-Basin, Copper Mountain, Vail and Beaver Creek for world class skiing which are all located within 1.5 hours. Enjoy outdoor activities in South Park or rafting in Buena Vista. This iconic mountain home would make a perfect mountain getaway with an option to generate income as a short-term vacation rental.

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

• Buyers
• Agents
• Sellers

What is Roam?

Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.

What is an assumable mortgage?

An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.

Why is an assumable mortgage valuable?

When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.

How can you find assumable mortgage listings?

Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.

Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.

How do I qualify for an assumable mortgage?

To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

Last updated: Nov 26, 2024 12:33 am

Listing agent: Scott Lindblom (970) 485-4065

Listing provided courtesy of: LIV Sothebys International Realty- Breckenridge (970) 453-0550

Details provided by RECO and may not match the public record.
MLS ID: #9090777

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Everystate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.
The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.
PUBLISHER'S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.
METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.