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$1,290,000
57 Days On Site

507 & 505 Alder Street
Leadville, CO 80461

For Sale|Single Family Residence|Active
4
Beds
4
Total Baths
3
Full Baths
1
Partial Bath
2,772
SqFt
$465
/SqFt
2019
Built
Subdivision:
Alice Placer
County:
Lake

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(719) 486-1930
507 & 505 Alder Street507 & 505 Alder Street507 & 505 Alder Street507 & 505 Alder Street
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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)

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Listing Snapshot
Price 
$1,290,000
Days On Site 
57 Days
Bedrooms 
4
Inside Area (SqFt) 
2,772 sqft
Total Baths 
4
Full Baths 
3
Partial Baths 
1
Lot Size 
0.15 Acres
Year Built 
2019
MLS® Number 
9377999
Status 
Active
Property Tax 
$4,927
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.15
Direction Faces 
East
Foundation 
Concrete Perimeter
Levels 
Two
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
SqFt Above 
1848
SqFt Below 
924
SqFt Total 
2772
Water Source 
Public
Zoning 
Traditional Residential
Interior Features
Appliances 
DishwasherDryerMicrowaveRangeRefrigerator
Basement 
Bath/StubbedFinishedFullWalk-Out Access
Fireplace 
Yes
Fireplace Features 
Family RoomWood Burning Stove
Fireplaces 
1
Heating 
BaseboardHot Water
Bathroom Full 
Level - Upper
Bathroom Three Quarter 
Level - Main
Bedroom 
Level - Basement
Kitchen 
Level - Main
Living Room 
Level - Basement
Utility Room 
Level - Basement
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Exterior Features
Construction Details 
FrameWood Siding
Fencing 
None
Lot Features 
Corner Lot
Patio And Porch 
Front Porch
Roof 
Shingle
View 
CityMountain(s)
Waterview 
CityMountain(s)
Community Features
School District 
Lake County R-1
Financing Terms Available 
CashConventional
Schools
School District
Lake County R-1
Elementary School
Westpark
Middle School
Lake County
High School
Lake County
Listing courtesy of Aspen Leaf Realty [email protected]



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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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