Views
Address
507 & 505 Alder Street, Leadville, CO
Price
$ 1,290,000
Property Attributes
- MLS#9377999
- TypeSingle Family
- Listing Status Active
- CountyLAKE
- CityLeadville
- NeighborhoodAlice Placer
- Zip80461
- StyleHouse
- Year Built2019
- Taxes$ 4927
- Price$ 1,290,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2772
- Lot Size0.15 Acres
Data Source:
REColorado (MTOMLS)
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)
| Elementary School | Middle School | High School |
|---|---|---|
| Westpark Elementary School | Lake County Middle School | Lake County High School |
| Price History | |
|---|---|
| 7/27/2026 | Listed $1,290,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Baseboard,Hot Water |
| Cooling | None |
| Possession | Closing/DOD |
| Roof | Shingle |
| Appliances | Dishwasher,Dryer,Microwave,Range,Refrigerator |
| Zoning | Traditional Residential |
| Patio/Porch Features | Front Porch |
| Construction Materials | Frame,Wood Siding |
| Exclusions | Seller's personal property and furnishings |
| Year Built | 2019 |
| View | City,Mountain(s) |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Individual |
| County | Lake |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Alice Placer |
| Facing Direction | East |
| Full Baths | 3 |
| Status | Active |
| Directions | From Harrison Avenue turn onto E 6th St and continue straight for about 0.4mi,then make a right onto Alder St,property will be located on the right,sign at property. |
| High School | Lake County |
| City | Leadville |
| Senior Community Y/N | No |
| High School District | Lake County R-1 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 6534 |
| Listing Terms | Cash,Conventional |
| Elementary School | Westpark |
| Tax Annual Amount | 4927 |
| Middle/Junior High School | Lake County |
| Structure Type | House |
| Standard Status | Active |
| Occupancy Type | Owner |
| Middle/Junior School District | Lake County R-1 |
| Elementary School District | Lake County R-1 |
Interior Features
| Basement | Bath/Stubbed,Finished,Full,Walk-Out Access |
|---|---|
| Total Fireplaces | 1 |
| Fireplace Features | Family Room,Wood Burning Stove |
| Basement (Y/N) | Yes |
| Above Grade Finished Area | 1848 |
| 3/4 Baths | 1 |
| Total Bedrooms | 4 |
| Below Grade Finished Area | 924 |
| Main Level Bathrooms | 1 |
| Total Baths | 4 |
Exterior Features
| Fencing | None |
|---|---|
| Lot Features | Corner Lot,Historical District |
| Water Source | Public |
| Total Parking | 2 |
| Lot Size Area | 0.15 |
| Foundation Details | Concrete Perimeter |
| Building Area Total | 2772 |
| Lot Size Acres | 0.15 |
| Road Frontage Type | Year Round |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 80461
Price
Taxes
Year Built
Visits
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 EXIT Realty, A Smart Move 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. September 22, 2026 2:52 PM UTCd
