Metro Denver Luxury Homes For Sale

Property Description

11 Acres of Sub dividable Potential! This is more than just a mountain retreat—it’s a powerful investment opportunity in Leadville, Colorado. Recently appraised at $1.179 million (Sept ’25), this stunning 3-bedroom, 4-bathroom home is now offered at just $998,000. That’s built-in value you can use immediately—whether to refinance, expand, or leverage the 11-acre sub dividable lot for future development or income potential. Opportunities like this—with instant equity and long-term upside—are incredibly rare. Step inside and be captivated by the dramatic impact of enormous windows that not only provide incredible passive solar warmth but also frame awe-inspiring, panoramic views of iconic Mt. Elbert and Mt. Massive. The newly renovated kitchen is a chef’s dream, boasting designer tile backsplash, sleek quartz countertops, and a full suite of matte black stainless steel appliances. The main level offers convenience with two spacious bedrooms and a full bath, all beneath vaulted ceilings adorned with warm tongue and groove pine, creating an inviting cabin-like ambiance. Ascend to the upper level where a generous loft area awaits, perfect for a home office, cozy reading nook, or creative space. The private primary bedroom suite extends the vaulted ceilings, enhanced by rustic wood beam accents, offering a serene escape. Venture downstairs to find an open floor plan, complete with a charming stone fireplace. This versatile space is a blank canvas, ready for your personalized updates and ideas – imagine a home theater, game room, or additional living quarters! Beyond the beauty of the home, embrace the unparalleled Leadville lifestyle. Enjoy endless outdoor activities right from your doorstep, or explore the incredible investment potential through subdividing the generous lots for instant income. And for those seeking world-class adventure, Vail and Breckenridge’s renowned ski slopes are less than an hour’s drive away.

Features
: Natural Gas, Radiant Floor, Passive Solar
: None
: Finished, Interior Entry
: Partial
: Mountain(s)
: Living Room, Basement
: Carbon Monoxide Detector(s), Smoke Detector(s)
: Deck
: 2
: Unfurnished
: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Oven
: Contemporary, Rustic
: Asphalt, Unpaved
: Composition
: Septic Tank
Address Map
CO
Lake
Leadville
80461
Evergreen
265
Drive
W107° 41' 11.9''
N39° 15' 9.6''
Additional Information
: Frame, Wood Siding, Stone, Rock
Use Maps to get to 265 Evergreen Drive. Follow driveway and then turn to the right at the fork.
Westpark
: Balcony, Dog Run, Fire Pit
2
: Carpet, Tile, Wood, Vinyl
2
Lake County
: Quartz Counters, Smoke Free, Kitchen Island, Ceiling Fan(s), Primary Suite, Walk-In Closet(s)
Yes
Yes
Cash, Conventional, FHA, VA Loan
: Level, Near Ski Area, Secluded, Many Trees, Subdividable
Lake County
Colorado Key Real Estate
263322100016
: None
: House
Leadville
$4,884
2024
: Window Coverings
10/18/2025
2970
Active
1
Lake County R-1
Lake County R-1
In Unit
Lake County R-1
11/12/2025
11/12/2025
Well
: Multi/Split

Leadville

265 Evergreen Drive, Leadville, CO 80461

3 Bedrooms
4 Total Baths
2,970 Square Feet
$998,000
Listing ID #2949072
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 2949072
Price : $998,000
Bedrooms : 3
Rooms : 8
Total Baths : 4
Full Bathrooms : 1
3/4 Bathrooms : 2
1/2 Bathrooms : 1
Square Footage : 2,970 Square Feet
Year Built : 2002
Lot Area : 11.01 Acres
Lot Acres : 11.01
Property Sub Type : Single Family Residence
Status : Active
Originating System Name : REcolorado
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