$155,000
●
Land -
Off Market
1099 County Road 4
Leadville, CO 80461
Studio
0 Bath
$199,705
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
One of the last available lots in the desirable and well located
Mountain Pines Ranch subdivision. Fantastic view corridors of Mount
Elbert and Mount Massive. Minutes to Turquoise Lake and Mt. Massive
golf course. These exclusive lots (both 699 and 1099) are the
perfect escape from the rest of the world. Mature trees shade the
home from County Road 4. With lots of room to grow, build your
dream mountain property and sit on your porch listening to birds
and the blowing wind!
Unit Size
-
Days on Market
-
Land Size
2.11 acres
Price per sqft
-
Property Type
Land
Property Taxes
$118
HOA Dues
-
Year Built
-
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 11 months ago (REcolorado MLS #7210334)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Aug 28, 2024 | In contract | - | |
| In contract | |||
| Aug 10, 2024 | Listed by Reynolds Real Estate Group | $185,000 | |
| Listed by Reynolds Real Estate Group | |||
| | |||
|
Location is everything, and this lot has it all. It provides the peace and calm of the mountains while still being conveniently located less than 2 miles from the Historic Downtown of Leadville, 2 miles from Turquoise Lake, and just one mile from Mount Massive Golf Course, the highest golf course in North America. Plus, it's only a short drive to the Ski Copper, and less than 60 miles from several world-class ski resorts. This 2+ acre lot is in the prestigious Mountain Pines Ranch community, a highly sought-after neighborhood in Leadville. The lot is primarily level, with many excellent spots to build your dream home. Plus, it has access to a public sewer system, natural gas, phone, and electricity. However, you'll need to drill a well for water supply. The lot has a shared access point with 899 Cr #4.
| |||
| Jul 5, 2024 | Price Decreased |
$190,000
↓ $5K
(2.6%) | |
| Price Decreased | |||
| Aug 3, 2023 | Listed | $195,000 | |
| Listed | |||
| | |||
|
Location is everything, and this lot has it all. It provides the peace and calm of the mountains while still being conveniently located less than 2 miles from the Historic Downtown of Leadville, 2 miles from Turquoise Lake, and just one mile from Mount Massive Golf Course, the highest golf course in North America. Plus, it's only a short drive to the Ski Copper, and less than 60 miles from several world-class ski resorts. This 2+ acre lot is in the prestigious Mountain Pines Ranch community, a highly sought-after neighborhood in Leadville. The lot is primarily level, with many excellent spots to build your dream home. Plus, it has access to a public sewer system, natural gas, phone, and electricity. However, you'll need to drill a well for water supply. The lot has a shared access point with 899 Cr #4.
| |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Andrew Purdy, Independence Realty & Property Management
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 7210334
© 2026 REcolorado® All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado®. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 7210334
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