Listing provided courtesy of HomeSmart Preferred Realtyas Distributed by MLSGrid- MLS# 9082118MLS Provider

518 E 7th StreetLeadville, CO 80461

Single Family · 2 Beds · 1 Full Bath · 855 Sq. ft. | 0.42 Acres
$249,000 Active

518 E 7th Street Overview

Time on Site:
326 days
Visits:
3

$40,900 Price Improvement! 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.

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518 E 7th Street Facts & Features

  • Type Single Family
  • Sq. ft. 855
  • Price/Sq.ft. $291
  • Lot 0.42 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Lake County R-1
  • Elementary School: Westpark
  • Middle Or Junior School: Lake County
  • High School: Lake County

Building Information

  • Year Built: 1888

Location/Region

  • Country: US
  • County Or Parish: Lake
  • Subdivision Name: Leadville Stray Horse

Tax Information

  • Tax Annual Amount: 2178
  • Tax Year: 2024

General Information

  • Exclusions: Sellers Personal Property
  • Listing Terms: Cash,Other
  • Ownership: Individual
  • Parcel Number: 263324307012
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: false
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 2

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 2

Building Interior

  • Above Grade Finished Area: 855
  • Building Area Source: Public Records
  • Building Area Total: 855

General Information

  • Basement: false
  • Cooling: None
  • Heating: Passive Solar
  • Levels: One
  • Living Area: 855
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2

Exterior

Parking Information

  • Parking Total: 2

Lot Information

  • Lot Size Acres: 0.42
  • Lot Size Area: 0.42
  • Lot Size Square Feet: 18295.2
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Other
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport Spaces: 0
  • Sewer: Public Sewer

Room Information

Room: Bathroom Full

  • Level: Main

Room: Bedroom

  • Level: Main
  • Description: non conforming

Room: Bedroom

  • Level: Main
  • Description: non conforming

Room: Kitchen

  • Level: Main

Room: Living Room

  • Level: Main

518 E 7th Street Neighborhood

Community

80461 (Leadville) Demographics

37
Median Age
26
Population Density (per sq. mile)
48%
College Educated
$65,919
Estimated Median Income
2,440
Estimated Total Home Owners
739
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

518 E 7th Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

518 E 7th Street Market Data

Based on the last 30 days in this zip code

$732,533
Average List Price
$422
Average Price per Square Foot
10
Properties Sold
100
Average Days on Market
114
Properties for Sale
Calculations provided by Reliance Network

518 E 7th Street History

Date Event Value Agent
6/23/2026Source: REColorado MLS Price Reduction
$249,000 -16.7%
3/22/2026Source: REColorado MLS Price Reduction
$299,000 -12.0%
2/2/2026Source: REColorado MLS Price Reduction
$339,900 -2.9%
11/4/2025Source: REColorado MLS Price Reduction
$349,900 -12.5%
10/24/2025Source: REColorado MLS Status Change
Active
10/3/2025Source: REColorado MLS Status Change
Pending
8/7/2025Source: REColorado MLS Added to Database
August 07, 2025