987 Ruby Lane
Leadville, CO, 80461 $ 1,285,000
Bedrooms3 Baths2.1 Sq 2,690 Monthly Estimate*
$ 7,912
Listed by Chris Turner Realty
for $1,285,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,690 square foot home was built in 1981 on a lot size of 0.52.
Rare opportunity to own a one-of-a-kind mountain retreat in Leadville. Tucked among the trees at the top of a quiet cul-de-sac, this exceptional property offers privacy, luxury & convenience—feeling worlds away while remaining just minutes from downtown, trails, recreation, dining & more. Lovingly designed & meticulously improved over the years, this 2,690-square-foot home showcases quality craftsmanship & thoughtful details throughout. The main level features cork & slate flooring with in-floor radiant heat, soaring vaulted ceilings, expansive windows that fill the home with natural light, & custom alder trim & pocket doors. The remodeled kitchen features granite countertops with Labradorite accents, newer appliances & an inviting layout ideal for gathering with family & friends. The spacious primary suite is a true retreat, complete with vaulted ceilings, a two-person Jacuzzi tub & custom walk-in steam shower. A gorgeous sunroom seamlessly brings the outdoors in, creating the perfect space to relax & enjoy the surrounding forest views year-round. The finished basement offers incredible flexibility with a bedroom, full bath & large living area currently utilized as additional sleeping space. An expansive mudroom provides ample room for all your mountain gear. Outside, you'll discover private patio areas, a fire pit, chicken coop, barn, detached storage shed & a fully finished outbuilding currently used as a home office. The oversized 2-car garage includes extra workspace & 220V power. Spray foam insulation throughout provides exceptional efficiency, while the standing seam metal roof was replaced in 2018. Offered fully furnished, this property is currently operating as a successful Airbnb with consistent 5-star reviews, creating an outstanding opportunity for a personal mountain getaway, full-time residence or income-producing investment. Homes with this level of character, privacy & versatility rarely become available.
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FeaturesInteriorInterior Amenities Ceiling Fan(s) Five Piece Bath High Ceilings Kitchen Island Stone Counters Vaulted Ceiling(s)
Basement Finished
Flooring Concrete Cork Tile
Furnished Y/N Furnished
Total Fireplaces 1
Fireplace Features Gas
Basement (Y/N) Y
Window Features Double Pane Windows Egress Windows Skylight(s)
Above Grade Finished Area 1655.8
Half Baths 1
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 3
Below Grade Finished Area 1034.2
Main Level Bedrooms 2
Main Level Bathrooms 2
Total Baths 3
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GeneralSewer Septic Tank
Heating Propane Radiant Floor
Cooling None
Possession See Remarks
Roof Metal
Appliances Dishwasher Dryer Microwave Range Range Hood Refrigerator Sump Pump Washer
Garage Spaces 2
Patio/Porch Features Deck Front Porch Patio
Architectural Style Mountain Contemporary
Construction Materials Concrete Metal Siding Wood Siding
Exclusions Sellers personal belongings
Year Built 1981
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Agent Owner
County Lake
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Gem Valley
Full Baths 2
Status Active
Directions from Safeway head west on Mtn. View drive turn right onto Gem Valley drive go immediately left into the subdivision on Gem Valley drive turn left onto Ruby Lane house is at top of the cul-de-sac on l
High School Lake County
City Leadville
Entry Location Garden
Senior Community Y/N N
High School District Lake County R-1
Lot Size Units Acres
Lot Size Square Feet 22651.2
Carport Spaces 0
Listing Terms 1031 Exchange Cash Conventional
Elementary School Westpark
Tax Annual Amount 3707
Middle/Junior High School Lake County
Property Condition Updated/Remodeled
Structure Type House
Standard Status Active
Occupancy Type Owner
Middle/Junior School District Lake County R-1
Elementary School District Lake County R-1
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ExteriorExterior Amenities Fire Pit Heated Gutters Private Yard Rain Gutters
Vegetation Heavily Wooded Pine Thinned Xeriscaping
Parking Features Asphalt
Lot Features Cul-De-Sac Level Many Trees
Water Source Well
Total Parking 2
Lot Size Area 0.52
Foundation Details Concrete Perimeter
Building Area Total 2690
Lot Size Acres 0.52
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByChris Turner RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $7,912
- Monthly Property Taxes
- $309
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Leadville, CO
Average List Price $730,570
Percent of Sale Price 43%
About Leadville, CO 2,899 Population
6% Since 2002
$ 47,234 Median Income
39.83 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
910939 Elementary School
910979 Middle School
Lake County High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/3/2026 | $1,285,000 | | Listed Price |