Land · Under Contract

8361 Bank Placer

Leadville, CO 80461

$975,000

Unimproved Land

Property Type

123.93 acres

Lot Size

5757429

MLS #

About This Property

SELLER FINANCING AVAILABLE! Two mountain parcels totaling 123.93 acres nestled in the northern Arkansas Valley, 8361 Bank Placer, Leadville, CO with 38.96 acres and 12340 Hwy 24, Leadville, CO with 84.97 acres and a 2300 sf home 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 are 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 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. Seller financing available. Remodel incomplete: Building area total sf is 2300.

Above grade unfinished area is 1150 sf and below grade unfinished area is 1150 sf. 12340 HWY 50 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 4:50 PM · Source: REcolorado®, MLS#: 5757429

Property Details

Key Details

Property Type Land
Sub Type Unimproved Land
Status Active Under Contract
Subdivision Lake County
MLS # 5757429
Days on Market 180

More Details

Lot Size (Sq Ft) 5,398,391
Acres 123.93
HOA No
Annual Taxes $14,261
State CO
County Lake
Zoning 60AR Ag-Residential

Building & Lot

Lot Features Many Trees, Subdivided, Mountainous
Sewer Septic Tank
Water Source Well

Terms & Other

Special Conditions None Known

Location

Price History

DateEventPrice
10/13/2026 Active Under Contract
Source: REcolorado® #5757429
—
4/23/2026 Listed for sale
Source: REcolorado® #5757429
$975,000

Based on information submitted to the MLS GRID as of October 20, 2026 at 11:42 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 4:50 PM.

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