507 & 505 Alder ST Leadville, CO 80461
4 Beds
4 Baths
2,772 SqFt
UPDATED:
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
Three Quarter Bath 1
HOA Y/N No
Abv Grd Liv Area 1,848
Year Built 2019
Annual Tax Amount $4,927
Tax Year 2025
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Single Family Residence
Source recolorado
Property Description
You'll immediately notice the attention to detail throughout this beautiful home. Upstairs you'll find spacious bedrooms with large closets and a full bathroom. 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 — a spacious 2 bedroom, 1 bath unit offering additional income potential or living space. Because the garage/ADU sits 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 wiling to negotiate the house property w/o the garage/ADU as well)
Location
State CO
County Lake
Zoning Traditional Residential
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
Fireplace Y
Appliance Dishwasher, Dryer, Microwave, Range, Refrigerator
Exterior
Fence None
View City, Mountain(s)
Roof Type Shingle
Total Parking Spaces 2
Garage No
Building
Lot Description Corner Lot, Historical District
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Frame,Wood Siding
Schools
Elementary Schools Westpark
Middle Schools Lake County
High Schools Lake County
School District Lake County R-1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA