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Recreational Land for Sale in Black Hawk, Colorado

1 Fool's Luck, Black Hawk, CO 80422

$1,950,000
41 acres
Active sale
Est $13,348/mo

Introducing The Fool's Luck Placer—one of the most distinctive private mountain ownership opportunities within Colorado's Historic Gold District. The result of three decades of land assembly by Bonanza Land LLC, this offering combines the historic Fool's Luck Placer with the nearby Buck Horn claim, creating an extraordinary ownership position in Gilpin County.

Unlike conventional mountain properties defined by rectangular boundaries, The Fool's Luck Placer follows Missouri Gulch for approximately 2.5 miles, creating a remarkable ribbon of patented mountain land shaped by water, topography, and history. Mature forests, secluded meadows, riparian landscapes, and mountain scenery create exceptional privacy just minutes from Central City, Black Hawk, schools, government offices, and recreation.

Originally patented in 1884, the property attracted generations of miners, explorers, and outdoor enthusiasts. Today, its appeal lies equally in its history, natural character, and uncommon ownership pattern. During recent site visits, the Listing Broker observed two small ponds within the property corridor, including fish in one pond. Buyers should independently investigate water rights, stream characteristics, pond conditions, fisheries, legal access, and future land use.

The Fool's Luck Placer presents an uncommon opportunity for long-term stewardship, recreation, conservation, or a private legacy holding within one of Colorado's most historic mountain landscapes.

Part of the Bonanza Land LLC Portfolio: Nevadaville/Quartz Hill & Prosser Gulch (#4882100), Apex (#5069915), Bonanza Ridge (#2516960), Alps Hill (#1771044), and 241 Gregory Street (#8986900).

Portfolio: vedamodern.com/bonanzalandllc

PRICE IS FOR LAND ONLY. Depicted improvements are conceptual. One or multiple improvements may be possible, subject to jurisdictional approval. Design, siting, infrastructure, utilities and development costs vary by property.

Location

Street address
1 Fool's Luck
Zip code
80422
Community
Missouri Gulch
School district
Gilpin RE-1
Elevation
9,164 feet
Coordinates
39.8447, -105.5214

Property details

Acreage
41 acres
Zoning
NATURAL RESOURCE
MLS #
REcolorado 1869577
Posted

Property taxes

2026
$1,449

Parcels

  • N000228
  • N001092
  • N001631

Legal description

Details and features

Listing

Type
Land
Subtype
Unimproved Land
Ownership
Individual
Terms
Cash
Exclusions
None.
Possession
Negotiable

Lot

Vegetation
Aspen, Heavily Wooded, Natural State, Partially Wooded, Pine, Wooded
Road Frontage
Public
Road Surface
Gravel
View
Meadow, Mountain(s), Valley, Water
Waterfront
Stream
Features
Borders National Forest

Listing history

DateEventPriceChangeSource
July 11, 2026New listing$1,950,000—REcolorado
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This 41-acre property is located at 1 Fool's Luck in Black Hawk, CO 80422. The land is available for sale, priced at $1,950,000 — $47,561 per acre.

Checked 1 hour agoUpdated

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REcolorado

Based on information submitted to the MLS GRID as of Sept 28, 2026 3:00 pm MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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