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$1,285,000 New to Website
Property Description
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.
Full Property Details
Full Property Details for 987 Ruby Ln
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General
- Price: $1,285,000
- Taxes: $3,707 (2025)
- Status: Active
- Type: Single Family
- Source: MetroList_Colorado
- MLS ID: 8712852
- Updated: 6/3/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Five Piece Bath, High Ceilings, Kitchen Island, Stone Counters, Vaulted Ceiling(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas, Gas, Gas
- Appliances: Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Sump Pump, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Concrete, Cork, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Main Floor Baths: 2
- Basement Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 2
Exterior
- Exterior Features: Fire Pit, Heated Gutters, Private Yard, Rain Gutters
- Porch/Patio/Deck: Deck, Front Porch, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Asphalt
Location
- County: Lake
- Subdivision: Gem Valley
- Driving 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 left.
School Information
- Elem School District: Lake County R-1
- Midd School District: Lake County R-1
- High School District: Lake County R-1
- Elementary School: Westpark
- Middle School: Lake County
- High School: Lake County
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: None
- Heating Type: Propane, Radiant Floor
Utilities
- Sewer: Septic Tank
- Water: Well
Structural Information
- Architectural Style: Mountain Contemporary
- Structure Type: House
- Construction: Concrete, Metal Siding, Wood Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Metal
- Windows: Double Pane Windows, Egress Windows, Skylight(s)
- Entry Location: Garden
- Square Feet: 2,690
- Sq. Ft. Source: Public Records
- Living Area: 2,690 Sq. Ft.
- Year Built: 1981
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.52
- Lot Size (Sq. Ft.): 22,651
- Frontage: Public
- Street/Road Desc.: Paved
- Road Maintenance: Public Maintained Road
- Lot Features: Cul-De-Sac, Level, Many Trees
- Trees/Vegetation: Heavily Wooded, Pine, Thinned, Xeriscaping
Financial Considerations
- Tax Amount: $3,707
- Tax Year: 2025
- Terms: 1031 Exchange, Cash, Conventional
Disclosures and Reports
- Ownership: Agent Owner
- Special Conditions: None
- Documents Avail.: Septic Report
- Legal Description: LOT 54 BLK 1 GEM VALLEY #1 428/117 428/293 428/480, 447/370 462/288 468/430 495/478-479 519/72 530/553, 613/173-4 613/175-6 361771, CORRECTED ACREAGE FROM .64 TO .527 PER AA 5/23/05
- Exclusions: Sellers personal belongings
- Property ID: 263315101009
Listed by Chris Turner Realty
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Schools
Schools serving 987 Ruby Ln
School District:Lake County School District R-1
| Name | Grades | Distance |
|---|---|---|
Westpark Elementary School 130 West 12th Street, Leadville, CO 80461 | K-2 | 1.1 mi |
Lake County Middle School 1000 West 6th Street, Leadville, CO 80461 | 3-6 | 1.3 mi |
Lake County High School 1000 West 4th Street, Leadville, CO 80461 | 7-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 987 Ruby Ln
Date
Details
Price
Change
Source
7/19/2005
Sold
$1,540,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 987 Ruby Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,707
26%
$39,062
18%
2024
$2,941
5%
$33,217
—
2023
$2,791
10%
$33,217
19%
2021
$2,541
5%
$27,923
3%
2022
$2,419
-5%
$27,142
14%
2021
$2,541
22%
$23,877
—
2020
$2,077
2%
$23,877
26%
2019
$2,040
35%
$18,961
—
2017
$1,511
-4%
$18,961
-4%
2016
$1,579
—
$19,815
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 987 Ruby Ln
987 Ruby Lane, Leadville, CO 80461 (MLS# 8712852) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 987 Ruby Lane is currently listed for $1,285,000 and was received on June 03, 2026. Want to learn more about 987 Ruby Lane? Do you have questions about finding other Single Family real estate for sale in Leadville? You can browse all Leadville real estate or contact a Coldwell Banker agent to request more information.
