518 E 7th St Leadville, CO 80461
Listing Courtesy of: IRES LLC / Homesmart Preferred Realty - Contact:  HomesTeamCO@gmail.com,719-581-9110

  518 E 7th St Leadville, CO 80461

Active (48 Days)
$399,900
2
BED
1
BATH
855
SQFT

Description

Historic 1888 Victorian fixer-upper on a rare 0.42-acre lot composed of multiple consolidated parcels in Leadville's desirable East Side. Approx. 855 sq ft, 2 bedrooms (non-conforming), 1 bath. Home requires full renovation and will not qualify for conventional financing-cash or rehab loan only. PRICED TO REFLECT KNOWN ISSUES. No repairs will be made by Seller.

No heat, no cooling, no kitchen range. Bedrooms are non-conforming. Multiple items are not up to current Lake County code.

Explore the potential to separate the lot back to its original plat for future spec home development (buyer to verify with city and county & state). Property includes a mine waste pile that is part of Operable Unit 9 (OU9) of the California Gulch Superfund Site. It is one of 17 piles left in place during OU9 cleanup due to contaminant levels below removal thresholds. However, elevated levels of lead and other contaminants remain, and institutional controls are in place to limit soil disturbance.

Any redevelopment, excavation, or subdivision may require oversight from Lake County Environmental Health and the Colorado Department of Public Health and Environment (CDPHE).

Due to conditions, access on to site, requires a signed waiver. No one under 18 is allowed on-site. Buyer to verify all information regarding environmental status, property features, lot size, zoning, and redevelopment potential.

MLS #:
9082118
Taxes
$2,178(2024)
Lot Size
0.42 acres
Type
Single-Family Home
Year Built
1888
Style
Ranch
School District
Lake County R-1
County
Lake County
Community
Leadville Stray Horse

Listed By

Jodi Nordahl-Homes, Homesmart Preferred Realty, Contact: HomesTeamCO@gmail.com,719-581-9110
Source
IRES LLC
Last checked Sep 23 2025 at 6:20 PM GMT-0700
Bathroom Details
  • Full Bathroom: 1
Subdivision
  • Leadville Stray Horse
Exterior Features
  • Roof: Composition
Utility Information
  • Sewer: City Sewer, Public Sewer
School Information
  • Elementary School: Westpark
  • Middle School: Lake County
  • High School: Lake County
Garage
  • Garage
Stories
  • 1
Living Area
  • 855 sqft
Additional Information: Homesmart Preferred Realty | HomesTeamCO@gmail.com,719-581-9110
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Disclaimer: Updated: 9/23/25 11:20 Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES. Terms of Use: Listing information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.