507 & 505 Alder Street, Leadville, CO 80461
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
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)...
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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
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