Residential · Under Contract

12340 US Highway 24

Leadville, CO 80461

4 Beds · 1 Baths

$975,000

Single Family

Property Type

123.93 acres

Lot Size

1966

Year Built

2

Parking Spaces

4396505

MLS #

About This Property

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.

180 days on market

Listed by Justin Tanner · Century 21 Community First · justin@firstcolorado.com,719-530-1458

Last updated: 10/13/2026 6:31 PM · Source: REcolorado®, MLS#: 4396505

Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Active Under Contract
Subdivision Lake County
MLS # 4396505
Days on Market 180
Bedrooms 4
Full Baths 1

More Details

Year Built 1966
Lot Size (Sq Ft) 5,398,391
Acres 123.93
HOA No
Annual Taxes $9,016
State CO
County Lake
Zoning 60AR Ag-Residential

Interior

Interior Features Kitchen Island
Heating Baseboard, Radiant
Cooling None
Flooring Vinyl
Appliances Gas Water Heater

Exterior & Parking

Garage Yes
Garage Spaces 2
Roof Metal

Building & Lot

Basement Full
Lot Features Many Trees, Subdivided, Mountainous
Levels One
Construction Frame, Log
Sewer Septic Tank
Water Source Well

Terms & Other

Senior Community No
Special Conditions None Known

Location

Price History

DateEventPrice
10/13/2026 Active Under Contract
Source: REcolorado® #4396505
—
4/23/2026 Listed for sale
Source: REcolorado® #4396505
$975,000

Based on information submitted to the MLS GRID as of October 20, 2026 at 10:57 AM MDT. 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.

Listing information last updated October 13, 2026 at 6:31 PM.

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