$349,900
$50K PRICE DROP

518 E 7th St Leadville, CO 80461

Estimated payment $2,009/month

Total Views 16,297
2 Beds
1 Bath
855 Sq Ft
$409 Price per Sq Ft

Highlights

  • 0.42 Acre Lot
  • Living Room
  • Heating system powered by passive solar
  • No HOA
  • 1-Story Property

About This Home

Looking for a budget-friendly project with exceptional potential?
This adorable 1888 Victorian offers a rare chance to own a true piece of Leadville history—at a remarkably reasonable price, being sold as is/where is, for an East Side property. Set on a generous 0.42-acre lot, the home spans multiple consolidated parcels, giving you room to reimagine, restore, or plan for future redevelopment if desired (buyer to verify). Or renovate to your liking and move in to this terrific mountain home! The house itself is a full renovation project, and entry requires a signed waiver due to its age and condition. Floors may have soft spots, and sections of the home may not meet current code, making this an opportunity best suited for seasoned renovators, builders, or investors. Cash or rehab loans only. A major bonus is the oversized garage built in 2005—a valuable asset that adds immediate utility and storage while the main home awaits revitalization. The lot includes a mine waste pile under OU9 of the California Gulch Superfund Site. Contaminant levels tested below removal thresholds, but institutional controls limit soil disturbance, and redevelopment may require coordination with CDPHE and Lake County Environmental Health. No one under 18 allowed on-site. Want full documentation? Reach out for environmental reports, ICs, and showing requirements. A rare chance to revive an iconic Victorian on the East Side—offered at a price that reflects both its challenges and its potential.

Listing Agent

Jodi Nordahl-Homes

HomeSmart Preferred Realty Brokerage Email: HomesTeamCO@gmail.com,719-581-9110 License #100088358 Listed on: 08/07/2025

HomeSmart Preferred Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,178

Year Built

  • Built in 1888

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 855 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Westpark Elementary School
  • Lake County Middle School
  • Lake County High School

Additional Features

  • Heating system powered by passive solar
  • 0.42 Acre Lot
  • No Cooling

Community Details

  • No Home Owners Association
  • Leadville Stray Horse Subdivision

Listing and Financial Details

  • Exclusions: Sellers Personal Property
  • Assessor Parcel Number 263324307012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,178

Year Built

Built in 1888

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structure Type: House
  • Levels: One
  • Year Built: 1888
  • Above Grade Finished Sq Ft: 855
  • Exclusions: Sellers Personal Property
  • Living Area: 855
  • SubdivisionName: Leadville Stray Horse
  • Ownership: Individual
  • Property Attached Yn: No
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • REC_WaterIncludedYN: 1
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Basement: No
  • Total Bedrooms: 2
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Other

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Passive Solar
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Lake County

Lot Info

  • Parcel Number: 263324307012
  • Lot Size Acres: 0.42
  • Building Area Total: 855
  • Lot Size Sq Ft: 18295.2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2178

MLS Schools

  • Elementary School: Westpark
  • High School: Lake County

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,178 $26,677 $12,116 $14,561
2023 $2,178 $26,677 $12,116 $14,561
2022 $1,353 $19,234 $8,110 $11,124
2021 $1,431 $19,787 $8,343 $11,444
2020 $1,235 $18,540 $8,960 $9,580
2019 $1,216 $18,540 $8,960 $9,580
2018 $616 $11,809 $4,500 $7,309
2017 $941 $11,809 $4,500 $7,309
2016 $448 $9,268 $2,600 $6,668
2015 $893 $9,268 $2,600 $6,668
2014 $947 $9,284 $2,574 $6,710
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2025 11/04/25 Price Changed $349,900 -12.5% $409 / Sq Ft
08/07/2025 08/07/25 For Sale $399,900 -- $468 / Sq Ft
Source: REcolorado®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Source: REcolorado®

MLS Number: 9082118

REcolorado®

APN: 263324307012