Gold Mine/Aggregate Hwy 9
Fairplay, CO, 80440 $ 1,250,000
Baths0.0 Monthly Estimate*
$ 7,696
Listed by Madison & Company Properties
Studio for $1,250,000. The lot size is 20.1.
Gold, Aggregate and Development potential! This is a patented 20.12-acre placer gold mine with equipment, located in one of Colorado’s most historically productive placer gold districts in Fairplay. Opportunities combining patented ground, river frontage, active permits, and senior water rights are increasingly scarce in this area. The property consists of a glacial terminal moraine, including the breach cut by the Middle Fork of the South Platte River on the downstream side. Portions of the ground were historically drilled and tested by the bucket-line dredge companies that operated extensively in the Fairplay district, providing meaningful historical context for placer gold potential. In addition to documented placer gold values, the property contains significant rock and gravel resources with established economic utility. Upon reclamation, the site offers multiple potential development and land-use outcomes, supported by its patented status, favorable access, and location bordering Fairplay. The mine includes approximately 2,000± linear feet of South Platte River frontage as well as frontage along Highway 9, providing exceptional physical access, operational efficiency, and long-term intrinsic land value. The property is fully permitted for construction aggregate mining with by-product gold recovery under Colorado Mining Permit #2003-074, allowing for the continuation of permitted operations. The sale includes the mining permit and select mining equipment, all offered as a single package. Water rights, valued at $150,000, included with full price offer. Buyer will be required to obtain a reclamation bond through the Colorado Division of Reclamation, Mining & Safety, a standard procedural requirement for permitted mining operations. As patented ground, the property conveys fee-simple ownership, providing a level of control and flexibility not available with unpatented mining claims. Additional details are available in the prospectus.
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FeaturesGeneralZoning Mining
Garage Spaces 0
Exclusions None
Property Subtype Unimproved Land
Tax Year 2025
Current Use Commercial
Ownership Individual
Waterfront Features River Front
County Park
Property Type Land
HOA N
Attached Garage N
Subdivision Name Fairplay
Status Active
Directions Property is visible from Hwy 9 see large sign at gated entrance. Contact agent to schedule a showing.
City Fairplay
High School District Park County RE-2
Lot Size Units Acres
Lot Size Square Feet 875556
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 1950
Standard Status Active
Middle/Junior School District Park County RE-2
Elementary School District Park County RE-2
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ExteriorTotal Parking 0
Lot Size Area 20.1
Lot Size Acres 20.1
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByMadison & Company PropertiesBroker
Affordability Calculator
- Monthly Principal & Interest
- $7,696
- Monthly Property Taxes
- $163
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Fairplay, CO
Average List Price $244,082
Percent of Sale Price 80%
About Fairplay, CO 771 Population
57% Since 2002
$ 53,879 Median Income
44.59 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
863513 Elementary School
863508 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/17/2026 | $1,250,000 | | Listed Price |