507 & 505 Alder Street, Leadville, CO 80461
Local realty services provided by:CENTURY 21 CapRock Real Estate
507 & 505 Alder Street,Leadville, CO 80461
$1,290,000
- 4 Beds
- 4 Baths
- 2,772 sq. ft.
- Single family
- Active
Listed by: heather lindh, yasmine pereida
Office: aspen leaf realty
MLS#:9377999
Source:ML
Price summary
- Price:$1,290,000
- Price per sq. ft.:$465.37
About this home
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)...
Contact an agent
Home facts
- Year built:2019
- Subdivision & Development:Alice Placer
- Listing ID #:9377999
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
- Basement:Yes
- Basement Description:Bath/Stubbed, Finished, Full, Walk-Out Access
- Living area:2,772 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water
Structure and exterior
- Roof:Shingle
- Year built:2019
- Building area:2,772 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Corner, Historical District
- Construction Materials:Frame, Wood Siding
- Exterior Features:Front Porch
- Foundation Description:Concrete Perimeter
- Levels:2 Story
Schools
- High school:Lake County
- Middle school:Lake County
- Elementary school:Westpark
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,290,000
- Price per sq. ft.:$465.37
- Tax amount:$4,927 (2025)
Features and amenities
- Laundry features:Dryer
Parking
- Total parking spaces:2
New listings near 507 & 505 Alder Street
- New
$399,000Active3 beds 1 baths1,075 sq. ft.119 E 14th Street, Leadville, CO 80461
MLS# 5544173Listed by: ASPEN LEAF REALTY
$50,000Pending0.86 Acres478 Last Chip, Leadville, CO 80461
MLS# 4522942Listed by: ASPEN LEAF REALTY- New
$640,000Active2 beds 1 baths2,655 sq. ft.682 Spruce Drive, Leadville, CO 80461
MLS# 3139955Listed by: FULL CIRCLE REAL ESTATE GROUP - New
$684,000Active3 beds 2 baths1,655 sq. ft.519 W 7th Street, Leadville, CO 80461
MLS# 6718969Listed by: INDEPENDENCE REALTY & PROPERTY MANAGEMENT - New
$68,000Active0.46 Acres701 Cedar Drive, Leadville, CO 80461
MLS# 2507212Listed by: KELLER WILLIAMS TOP OF THE ROCKIES
$143,000Pending3 beds 2 baths1,085 sq. ft.19773 Us Highway 24, Leadville, CO 80461
MLS# 6737272Listed by: ASPEN LEAF REALTY
$199,900Active1.02 Acres589 & 611 Augusta Drive, Leadville, CO 80461
MLS# 6576392Listed by: EXP REALTY, LLC
$514,000Active2 beds 1 baths1,083 sq. ft.316 E 3rd Street, Leadville, CO 80461
MLS# 4932519Listed by: COLORADO KEY REAL ESTATE
$924,000Active3 beds 3 baths2,432 sq. ft.59 Tabor Drive, Leadville, CO 80461
MLS# 8002389Listed by: ASPEN LEAF REALTY
$599,000Active3 beds 2 baths1,699 sq. ft.225 E 8th Street, Leadville, CO 80461
MLS# 8529984Listed by: CHRIS TURNER REALTY