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Improved Land for Sale in Leadville, Colorado

12340 US Highway 24, Leadville, CO 80461

$975,000
124 acres
Active sale
ago
Est $5,428/mo

SELLER FINANCING AVAILABLE! Two mountain parcels totaling 123.93 acres nestled in the northern Arkansas Valley, 12340 Hwy 24, Leadville, CO with 84.97 acres and a 2300 sf home and 8361 Bank Placer, Leadville, CO with 38.96 acres are being sold together AND must close simultaneously. These combined properties offer a rare opportunity to own a piece of Colorado's natural splendor. Together, the combined properties boast breathtaking views and abundant potential. The home itself has a total of 2300 square feet and features 3 bedrooms and 1 bathroom. Although currently unfinished, it presents an opportunity for customization to suit your vision of mountain living. With direct access off highway 24, convenience is paired with tranquility, as a convenience store with gas and groceries is only 2 minutes away and the town of Leadville is just 6 minutes away. Ski Cooper ski resort is a short 20-minute drive away, while the trailhead to Colorado's tallest mountain, Mt. Massive, is just 20 minutes away. Enjoy the freedom to ride snowmobiles and ATVs to your heart's content on your own expansive property. Nearby Twin Lakes and Turquoise Lake offer excellent fishing opportunities, while the surrounding area provides the perfect setting for gold panning and exploring Colorado's rich mining history. The property's land is subdividable, offering flexibility for future development or investment opportunities. Whether you seek a private mountain escape or have ambitious development plans, this property promises limitless potential amidst Colorado's stunning natural beauty. These two properties are contingent upon the sale of one another. Remodel incomplete: Building area total sf is 2300. Above grade unfinished area is 1150 sf and below grade unfinished area is 1150 sf. Property is being sold "AS IS WHERE IS." Buyer to verify subdivision opportunities.

2,300
Sq feet
4
Beds
1
Full bath
1966
Built

Location

Street address
12340 US Highway 24
School district
Lake County R-1
Elevation
9,551 feet
Coordinates
39.2173, -106.3469

Property details

Acreage
123.93 acres
Zoning
60AR Ag-Residential
MLS #
REcolorado 4396505
Posted

Property taxes

2024
$9,016

Parcels

  • 263333300008

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Terms
1031 Exchange, Cash, Conventional, Private Financing Available

Location

Incorporated
No

Lot

Vegetation
Heavily Wooded, Natural State, Pine
Exposure
West
View
Mountain(s), Valley
Well Type
Private
Well Usage
Household w/ Irrigation, Household w/ Livestock
Well Permits
28018--A
Features
Many Trees, Mountainous, Subdividable

Exterior

Parking Spaces
2
Horses Allowed
Yes
Equestrian
Well Allows For
Outdoor Spaces
Covered, Front Porch

Structure

Type
House
Levels
One
Basement
Full
Water
Well
Sewer
Septic Tank
Heating
Baseboard, Radiant
Materials
Frame, Log
Roof
Metal
Foundation
Concrete Perimeter

Interior

Rooms
Bathroom Full, Bedroom x 4, Kitchen x 2, Living Room x 2, Utility Room
Flooring
Vinyl
Appliances
Gas Water Heater
Features
Kitchen Island

Property utilities

CategoryTypeStatus
PowerGridConnected
SewageSeptic SystemConnected
WaterPrivate WellConnected
GasPropaneConnected

Nearby schools

NameTypeDistrict
WestparkElementaryLake County R-1
Lake CountyMiddleLake County R-1
Lake CountyHighLake County R-1

Listing history

DateEventPriceChangeSource
Apr 24, 2026New listing$975,000REcolorado
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This 123.93-acre property is located at 12340 US Highway 24 in Leadville, CO 80461. The property is available for sale for $975,000. It has a 2,300 sq ft 4 bedroom, 1 bath house built in 1966.

Checked 1 hour ago — Updated

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REcolorado

Based on information submitted to the MLS GRID as of Apr 26, 2026 1:00 am 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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