41.32 Colorado Mountain Acres With Private Trout Creek Drop to $125,000
A large tract of Colorado mountain land near Leadville has received a major price reduction, bringing its current asking price down to $125,000.
Located at 5347 Monitor, the property offers approximately 41.32 acres of undeveloped land on and around Prospect Mountain, combining wooded slopes, open meadows, mountain scenery and a small creek where the seller says wild brook trout can be found.
The acreage is divided between two separate parcels.
Approximately 1.1 acres sit along the county road, while the much larger 40.22-acre parcel extends across the south-facing slope of Prospect Mountain.
At the latest $125,000 asking price, the property works out to roughly $3,025 per acre.
The land was previously marketed at $159,999, meaning the latest change represents a reduction of nearly $35,000.
Earlier listing history shows an even higher $209,000 asking price before the property returned to the market in April 2026.
Natural scenery is one of the biggest attractions.
The land contains a mixture of mature pine and piñon trees, aspen groves, grasses, natural vegetation and open meadow areas.
Views stretch across the surrounding mountain landscape and toward historic mining country, giving the property the rugged atmosphere associated with the Leadville area.
A small creek runs through the lower portion of the property.
According to the listing, brook trout inhabit the water, potentially allowing an owner to fish directly on their own land.
The creek also attracts wildlife and adds another recreational element to the property.
Access to the upper acreage is considerably more rugged.
A four-wheel-drive route winds through the property and continues toward the Lake Isabelle and Mosquito Pass area.
That setup may appeal particularly to buyers interested in dirt bikes, four-wheel-drive vehicles, hunting or backcountry recreation.
This is vacant land rather than a developed homesite.
There is currently no residence on the property, and utilities are described as off-grid.
Road surfaces in the area include dirt and gravel, and some access is seasonal.
Anyone considering building a cabin or permanent residence would need to investigate Lake County requirements for zoning, water, septic, power, driveway access and construction before purchasing.
The property is zoned IM, or Industrial Mining, and current listing information identifies potential uses including hunting, fishing, recreation and industrial purposes.
There is no homeowners association.
Annual property taxes have been reported at approximately $500.
Leadville itself is only a few miles away, creating an unusual combination of remote-feeling acreage with relatively quick access to one of Colorado’s best-known historic mountain towns.
For buyers wanting a conventional building lot with paved streets and utilities already installed, this property will require substantial additional planning.
But for someone searching for large Colorado acreage primarily for recreation, privacy or a future off-grid retreat, the combination is difficult to ignore.
With 41.32 acres, two parcels, a trout creek, mountain views, wooded slopes and 4×4 access, 5347 Monitor now offers more than 40 acres of Colorado mountain country for $125,000.
Listed on Zillow