$295,000
↑ $40K (13.6%)
●
Land -
For Sale
151 Virginia Ave
Leadville, CO 80461
Studio
0 Bath
$1,600
Est. Monthly
$75
HOA / Fees
About This Property
Discover the perfect blend of tranquility and convenience at 151
Virginia Avenue in historic Leadville, Colorado. This spacious
17,816 sq ft lot offers a unique opportunity to build your dream
mountain escape. Nestled in the intimate Mountain Gate community,
you'll enjoy the benefits of all public utilities, including city
water, sewer, electric, and natural gas-no need for a well or
septic system!
This gated community provides a peaceful setting with paved roads and easy access to a wonderful bike path. Enjoy peek-a-boo mountain views and the serene, tree-lined, flat lot. You're just minutes from the vibrant town center and close to renowned ski areas like Copper Mountain and Ski Cooper. Turquoise Lake is nearby for your outdoor adventures.
With 47 years of experience, the seller, a developer/builder, is ready to assist in crafting your ideal home. Embrace all-season activities like skiing, hiking, biking, and fishing, and experience the charm of Leadville, home to the tallest 14,000-foot peaks in Colorado. Your mountain lifestyle awaits! Copy/paste tour to browser: https://youtu.be/fNRTgkdoiHk
This gated community provides a peaceful setting with paved roads and easy access to a wonderful bike path. Enjoy peek-a-boo mountain views and the serene, tree-lined, flat lot. You're just minutes from the vibrant town center and close to renowned ski areas like Copper Mountain and Ski Cooper. Turquoise Lake is nearby for your outdoor adventures.
With 47 years of experience, the seller, a developer/builder, is ready to assist in crafting your ideal home. Embrace all-season activities like skiing, hiking, biking, and fishing, and experience the charm of Leadville, home to the tallest 14,000-foot peaks in Colorado. Your mountain lifestyle awaits! Copy/paste tour to browser: https://youtu.be/fNRTgkdoiHk
Unit Size
-
Days on Market
-
Land Size
0.41 acres
Price per sqft
-
Property Type
Land
Property Taxes
$76
HOA Dues
$75
Year Built
-
Listed By
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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: 4 months ago (REcolorado MLS #IRE4768208)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 20, 2025 | Price Increased |
$335,000
↑ $40K
(13.6%) | |
| Price Increased | |||
| Jun 26, 2024 | Listed | $295,000 | |
| Listed | |||
| Sep 29, 2022 | Listed | $250,000 | |
| Listed | |||
| | |||
|
All Public Utilities Included, City Water, Sewer & Electric, No well and septic needed!! Build a dreamy mountain escape in historic Leadville Colorado, peaceful locale but minutes to town and access to all ski areas. Enjoy easy City Water and Sewer/Electric & Natural Gas all installed, completed & ready to build. Mountain Gate will be an intimate community of 12 home builds cohesive in style offering mountain living with the convenience and access to town, minutes to the famous & gorgeous Turquoise Lake, easy drive to Copper Mountain, Ski Cooper and easy drive to I 70. Lovely tree lined and easy gentle flat lot, peek a boo mountain views, gated community, paved roads, lots bump up to wonderful bike path, city water and sewer with Excel and Natural Gas completed. If you are looking for peace and quiet, no hustle and bustle but minutes to be pro social, recreation out your front door & minutes to town, than look no further! Seller is Developer/Builder with 47 years of experience, and can assist with your dream home!
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Property Highlights
Parking Details
Parking Features: None
Exterior Details
Lot Features: Paved
Lot Size Area: 17859.6
Lot Size Units: Square Feet
Lot Size Acres: 0.41
Lot Size Square Feet: 17859.6
Water Source: Public, None
Financial Details
Tax Annual Amount: $914
Utilities Details
Sewer : Public Sewer, None
Location Details
HOA/Condo/Coop Fee Includes: Snow Removal
HOA Fee: $75
HOA Fee Frequency: Monthly
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Status
Status
Type
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Baths
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Listed On
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About Lake
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Listed by: Tracy Molleur,
Last Updated: 4 months ago
Data Source: REcolorado MLS, MLS# IRE4768208
© 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: 4 months ago
Data Source: REcolorado MLS, MLS# IRE4768208
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