Hwy 9 Placer Gold Mine/Aggregate
Fairplay, CO, 80440 $ 1,250,000
Bedrooms-- Baths-- Monthly Estimate*
$ 7,696
Listed by Madison & Company Properties
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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FeaturesGeneralSewer Holding Tank
Zoning Mining
Garage Spaces 0
Exclusions None
Property Subtype Commercial Land
Tax Year 2025
Current Use Mining
County Park
Property Type Commercial Sale
Attached Garage N
Status Active
Directions From FairPlay head west less than a mile on Hwy 9. Mine is on the south side. See signage.
City Fairplay
Lot Size Units Acres
Lot Size Square Feet 875556
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 1950
Lease Considered Y/N N
Standard Status Active
Cap Rate 0
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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 NearbyCommerical listings in Fairplay, CO
Average List Price $767,557
Percent of Sale Price 39%
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.
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/25/2026 | $1,250,000 | | Listed Price |