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Sold for $225,000
  • $225,000

    518 E 7th Street, Leadville, CO 80461

    2beds
    855sqft
    Single Family Residence
    Built in 1888
    0.42 Acres Lot
    $225,000 Zestimate®
    $263/sqft
    $1,897 Estimated rent

    Home value

    $225,000

    Estimated sales range

    Not available

    $1,897/mo

    Zestimate® history
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    What's special

    $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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jodi Nordahl-Homes 719-581-9110 HomesTeamCO@gmail.com,

    HomeSmart Preferred Realty

    Bought with:

    Peter Schnarsky, 100109107

    Realty One Group Five Star

    Source: REcolorado as distributed by MLS GRID,MLS#: 9082118MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Bedroom
    • Description: Non Conforming
    • Level: Main
    Bedroom
    • Description: Non Conforming
    • Level: Main
    Bathroom
    • Level: Main
    Kitchen
    • Level: Main
    Living room
    • Level: Main
    Heating
    • Passive Solar
    Cooling
    • None
    Features
    • Has basement: No
    Interior area
    • Total structure area: 855
    • Total interior livable area: 855 sqft
    • Finished area above ground: 855

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 0.42 Acres
    Details
    • Parcel number: 263324307012
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Other
    • Roof: Composition
    Condition
    • Year built: 1888

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Leadville Stray Horse
    HOA
    • Has HOA: No
    Location
    • Region: Leadville

    Financial & listing details

    • Price per square foot: $263/sqft
    • Tax assessed value: $481,209
    • Annual tax amount: $2,178
    • Date on market: 8/7/2025
    • Listing terms: Cash,Other
    • Exclusions: Sellers Personal Property
    • Ownership: Individual

    Price history

    DateEventPrice
    7/28/2026Sold$225,000-9.6%$263/sqft
    Source: REcolorado as distributed by MLS GRID #9082118 Report a problem
    7/9/2026Pending sale$249,000$291/sqft
    Source: REcolorado as distributed by MLS GRID #9082118 Report a problem
    6/23/2026Price change$249,000-16.7%$291/sqft
    Source: REcolorado as distributed by MLS GRID #9082118 Report a problem
    3/23/2026Price change$299,000-12%$350/sqft
    Source: REcolorado as distributed by MLS GRID #9082118 Report a problem
    2/2/2026Price change$339,900-2.9%$398/sqft
    Source: REcolorado as distributed by MLS GRID #9082118 Report a problem
    11/4/2025Price change$349,900-12.5%$409/sqft
    Source: REcolorado as distributed by MLS GRID #9082118 Report a problem
    10/24/2025Listed for sale$399,900$468/sqft
    Source: REcolorado as distributed by MLS GRID #9082118 Report a problem
    10/3/2025Pending sale$399,900$468/sqft
    Source: REcolorado as distributed by MLS GRID #9082118 Report a problem
    8/7/2025Listed for sale$399,900$468/sqft
    Source: REcolorado as distributed by MLS GRID #9082118 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $33,925 +27.2%
    2024$2,087 $26,677
    2023-- $26,677 +38.7%
    2022$1,431 -28.8%$19,234 -2.8%
    2021$2,010 +1.5%$19,787 +6.7%
    2020$1,980 +60.3%$18,540
    2019$1,235 +1.5%$18,540 +57%
    2018$1,216 +29.3%$11,809
    2017$941 +109.9%$11,809 +27.4%
    2016$448 -52.6%$9,268
    2015$947 $9,268 -0.2%
    2014$947 $9,284
    2013-- $9,284
    2012-- --
    2011-- $10,750 +6.5%
    2010-- $10,093
    Find assessor info on the county website

    Neighborhood: 80461

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Westpark
    • Middle: Lake County
    • High: Lake County
    • District: Lake County R-1

    Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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