507 & 505 Alder ST, Leadville, CO 80461
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507 & 505 Alder ST, Leadville, CO 80461
507 & 505 Alder ST, Leadville, CO 80461
507 & 505 Alder ST, Leadville, CO 80461
507 & 505 Alder ST, Leadville, CO 80461
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$ 1,290,000
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507 & 505 Alder ST Leadville, CO 80461

4 Beds

4 Baths

2,772 SqFt


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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,772 sqft

Price per Sqft $465

Subdivision Alice Placer

MLS Listing ID 9377999

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 2019

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Single Family Residence

Property Description

Built in 2019, this well-designed custom home offers modern comfort, mountain views, and incredible flexibility — featuring not one but two income-ready ADUs! The main level features an open-concept living and kitchen area with abundant natural light, a wood stove, and seamless flow for everyday living and entertaining. Also on this level are a ¾ bath, laundry, and a deck showcasing some of the most beautiful mountain views Leadville has to offer.

You'll immediately notice the attention to detail throughout this beautiful home. Upstairs you'll find spacious bedrooms with large closets and two full bathrooms. The primary suite includes a double vanity, generous closet space, and a luxurious bathroom with heated floors, all with tasteful modern finish.

The lower level offers a fully independent ADU with its own full kitchen, bedroom, living area, and full bathroom — ideal for rental income, guests, or multi-generational living. Tap and sewer fees have been paid, adding valuable peace of mind and utility.

Adding even more versatility, a detached 2-car garage comes complete with a second ADU above — featuring a spacious 2 bedroom, 1 bath unit offering additional income potential or living space. Because the garage/ADU is on its own confirmed separate legal parcel, it adds significant standalone value — giving a buyer the rare opportunity to acquire additional rental income, a workshop/storage garage, or a true compound-style setup with two separately titled properties in one prime location.

Ideally located on the corner of E 6th and Alder St, within an easy walk to downtown Leadville and within minutes of the East Side Trails, this home offers both convenience and direct access to outdoor recreation.

Thoughtfully built with character and functionality, this property — with its main home, basement ADU, and detached garage ADU — provides exceptional versatility in a prime location! (Seller is willing to negotiate the house property w/o the garage/ADU)

Location

State CO

County Lake

Zoning Traditional Residential

Direction East

Rooms

Basement Bath/Stubbed, Finished, Full, Walk-Out Access

Interior

Heating Baseboard, Hot Water

Cooling None

Fireplaces Number 1

Fireplaces Type Family Room, Wood Burning Stove

Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator

Exterior

Fence None

Waterfront Description Public

View City, Mountain(s)

Roof Type Shingle

Porch Front Porch

Private Pool No

Building

Lot Description Corner Lot, Historical District

Faces East

Story Two

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Schools

School District Elementary: Lake County R-1, Middle/Junior: Lake County R-1, High: Lake County R-1

Others

Senior Community No

Tax ID 263324320021 & 263324320022

Special Listing Condition None Known


REColorado MLS
Listed byAspen Leaf Realty

NEARBY SCHOOLS & PROPERTIES

Crystal Martinez

Crystal Martinez

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+1(719) 922-7383

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507 & 505 Alder ST