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Lake 81251
3482 Mountain Queen
$9,500
● Land - Off Market

3482 Mountain Queen

Leadville, CO 81251
bedrooms
Studio
bathrooms
0 Bath
$12,139
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Looking for Adventure? These are remote mining claims above timberline, west of Mt. Elbert, and could be a rock hounds playground! No road access, but they are close to Forest Road 110J. This listing is for both the Mountain King and the Mountain Queen. This is an excellent location for back country camping and hiking! Buyer should fully understand properties location. Mining Claims can be hazardous. Mineral Rights are included with the Mountain Queen, The Mountain King is for surface rights only. Located in hunting area 48. Additional Offers Will Be Considered.
Unit Size
-
Days on Market
70 days
Land Size
16.74 acres
Price per sqft
-
Property Type
Land
Property Taxes
$50
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #9858048)

Price History

Date / Event Date Event Price
Jun 30, 2022 Sold
Premium
Sold
May 14, 2021 Listed by Full Circle Real Estate Group $12,000
Listed by Full Circle Real Estate Group
Looking for Adventure? These are remote mining claims above timberline, west of Mt. Elbert, and could be a rock hounds playground! No road access, but they are close to Forest Road 110J. This listing is for both the Mountain King and the Mountain Queen. This is an excellent location for back country camping and hiking! Buyer should fully understand properties location. Mining Claims can be hazardous. Mineral Rights are included with the Mountain Queen, The Mountain King is for surface rights only. Located in hunting area 48. Additional Offers Will Be Considered.
Feb 19, 2021 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 449,975
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000010330
  • Standard Land Use Code: 8008
  • County Land Use Code: 0540
  • Legal Description 1: #03482 MOUNTAIN QUEEN 07-11-81 T L, 10.330 A

Neighborhood

  • School District Name: Lake County School District R-1
  • Census Tract: 961900

Geography

  • Account Number: R000263
  • Parcel: 290307000005
  • Municipality: LAKE COUNTY
  • Latitude: 39.1055
  • Longitude: -106.476

    Address

  • Full Address: 3482 Mountain Queen
  • Address - House Number: 3482
  • Address - Street Name: Mountain Queen
  • State: CO
  • City Name: Twin Lakes
  • Zip Code: 81251

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,724
  • Tax Rate Code Area: 191

    Market Valuation

  • Market Total Value: $30,990
  • Market Land Value: $30,990

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $8,987
  • Assessed Land Value: $8,987

    Sales

  • Current Sale Contract Date: Jun 28, 2022
  • Current Sale Recording Date: Jun 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 385111
  • Previous Sale Recording Date: Feb 19, 2021
  • Previous Sale Contract Date: Feb 19, 2021
  • Previous Sale Amount: $5,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lake

Stats & Trends

Median Asking:

$622,400

Sale Price/ft²

$417

Above Asking

0.06%

Average Days on Market

77

Average Home Size

1686 ft²

Average Home Age

54.4 years

Currently For Sale

120 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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REcolorado

Listed by: Lynn Parker, Full Circle Real Estate Group
Last Updated: 11 months ago
Data Source: REcolorado MLS, MLS# 9858048
© 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.

Frequently Asked Questions

When was property at 3482 Mountain Queen built and last sold?
The property at 3482 Mountain Queen was built in and last sold on Jun 28, 2022 for $9,500.
How much is this home worth?
The estimated value of the home located at 3482 Mountain Queen is $0.
What are some comparable homes to 3482 Mountain Queen?
There are currently no comparable homes to 3482 Mountain Queen.
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