$49,000
3.6± Acres
New Listing
Lake County, Colorado

Lot 82: Edward E. Hill Estates — Twin Lakes, CO

ID: 120541
Status: New Listing
Price: $49,000
Acres: 3.6
Price Per Acre: $13,611
Type: Recreational Land, Lot, Undeveloped Land
Address: TRACT 82 PARCEL 1-A
Address 2: Edward E Hills Estate
City, State: Twin Lakes, Colorado
County: Lake
Zip Code: 81251
Presented By: Casey Adams

Description

Property Overview & Description

Sub-$50K Mountain Land in Twin Lakes with Unmatched Flexibility

Tired of browsing subdivided 0.3-acre quarter-lots in high-density subdivisions? Lot 82 in the coveted Edward E. Hill Estates offers 3.60 deeded acres of private, elevated Colorado mountain terrain priced at just $49,000. Positioned along the western ridge of the Arkansas River Valley just minutes from Twin Lakes Reservoir and the base of Mount Elbert, this standalone parcel provides the rare balance of direct road access, usable topography, and full outdoor recreational freedom without the constraints of a heavy-handed HOA.

Building Potential & Site Topography

Lot 82 features a gently sloping grade that levels off onto a natural building bench, positioning a future cabin or off-grid retreat to capture panoramic, unobstructed sunrise views over the river valley and sunset alpine glow across the 14,000-foot Sawatch Range. The parcel delivers immediate privacy from neighboring parcels while maintaining wide-open sightlines.

Lake County Recreational (RC) Zoning Privileges

Under Lake County's flexible RC zoning guidelines, Lot 82 supports a wide variety of alpine uses:

  • Off-Grid & Traditional Cabins: Approved for single-family residential and seasonal cabin construction. Minimum structural setbacks are 30 ft (front), 15 ft (sides), and 20 ft (rear), with a generous 35-foot maximum building height allowance.
  • Seasonal Camping & RV Use: Enjoy private, self-contained seasonal RV camping and recreational tent setups while planning your dream mountain build.
  • Recreational Hub: Direct proximity to hundreds of thousands of acres of San Isabel National Forest, gold-medal fly fishing on the Arkansas River, sailing and paddleboarding on Twin Lakes, and backcountry trailheads.

Utilities & Development Guidelines

  • Water: Feasible for an exempt residential well permit under Colorado Division of Water Resources (DWR) guidelines. Area drilling depths typically average ~400-450 ft, with local turnkey drilling and pump installation running approximately $25,000-$45,000.
  • Wastewater: Standard On-Site Wastewater Treatment System (OWTS) engineered septic design per Lake County Environmental Health standards (typical local installation: $20,000-$35,000).
  • Power: Excellent solar exposure along the building bench for a modern off-grid photovoltaic and battery system, or extend local grid infrastructure.
  • Taxes: Low annual carrying costs under Lake County vacant land assessment rates.

Directions & Physical Access

From the intersection of US Highway 24 and Colorado Highway 82, proceed west on CO-82 toward Twin Lakes for approximately 0.9 miles. Turn left (south) onto County Road 30. Follow County Road 30 as it transitions into Edward E. Hill Drive. Follow the roadway up to Lot 82 (Parcel 2901-144-01-082).

4. Why Buy This Property?

The value of this property lies in its privacy, proximity to world-class outdoor recreation and its affordable development potential.

  • Mountain Sanctuary: This acreage is the perfect escape for those seeking a getaway cabin or a permanent, year-round home completely removed from the hustle and bustle of busy city life. It is an invitation to slow down, relax, and enjoy your morning cup of coffee in the absolute peace, quiet, and privacy of your own mountain property.
  • The Athlete's Arena: Located 15 minutes from the charming village of Twin Lakes and 15 minutes from Leadville, this land sits right beside the training grounds where world-class trail runners and mountain bikers push their limits. You can pitch a tent or build a dedicated basecamp to acclimate and train in the exact high-altitude environment used by competitors preparing for the legendary Leadville Trail 100 Run and the Leadville Trail 100 MTB races.
  • Trailhead Access: Iconic wilderness adventures are practically in your backyard. The property is located just 15 minutes from the legendary Colorado Trail, giving you immediate access to a 567-mile ribbon of singletrack that winds through Colorado's most breathtaking mountain ranges.
  • Investment Freedom: Buying this lot affords one a low cost entry into owning your own piece of Colorado in a quiet, undeveloped part of the state that has remained this way since the mountains have been formed.

5. How to Acquire This Property

To claim your piece of Lake County's historic landscape, reach out today to schedule an in-person guided tour. Serious buyers may purchase this land through standard cash transactions or conventional land mortgage loans. Contact Casey Adams today at 970-987-7338 to request full parcel maps, review subdivision guidelines, or submit an offer.

Closing Options

  • A single deed
  • Proration of Property Taxes: Property taxes, HOA dues, or assessments will be calculated and split individually for each of the six lots up to the exact day of closing
  • Prequalification letter is required with a Colorado Contract to Buy and Sell Real Estate (Land)
  • Financing: Financing options are available, contact us for more information.

Additional Zoning Details in Lake County

  • Zoning & Approved Uses: The property falls under the Lake County Residential (R) zoning district. Per the Lake County Land Development Code, approved primary and accessory uses for this zoning district include:
    • Single-Family Residential: Allowed as a primary use to build a year-round custom estate or a seasonal getaway cabin.
    • Accessory Structures & ADUs: Garages, storage barns, and Accessory Dwelling Units (ADUs are subject to a standard conditional use permit).
    • Short-Term Rentals: Permitted under unincorporated Lake County rules, allowing owners to apply for a standard Short-Term Rental (STR) license to generate passive income. [1, 2, 3, 4, 5, 6]
  • Infrastructure & Utilities: The property is a completely blank slate, allowing for 100% customization of modern, self-sufficient systems from the ground up. Power is accessible in the subdivision via local utility connections, and future owners will install a private well and septic system. [1]
  • Terrain & Ecosystem: Reached by a rustic dirt road, the land features natural brush vegetation and serves as a quiet haven for local wildlife, where mule deer are frequently spotted roaming through the property.

 

 

 

Directions:

Step-by-Step Driving Directions

  1. Start from US-24:
    • At the intersection of US Highway 24 and Colorado Highway 82 (the Twin Lakes / Independence Pass turnoff, south of Leadville and north of Granite), turn west onto CO-82 West toward Twin Lakes.
  2. Turn onto (Lost Canyon Road area):
    • Travel west on CO-82 for approximately 0.8 to 1.0 mile.
    • Turn left (south) onto County Road 30.
  3. Ascend toward Edward E. Hill Estates:
    • Continue south/southwest along County Road 30 as it transitions into the maintained gravel/dirt mountain road servicing the lower subdivision tracts.
  4. Follow Subdivision Road / Edward E. Hill Drive:
    • Bear onto the subdivision road / Edward E. Hill Drive climbing through the pinon-juniper foothills.
    • Continue past the lower entrance tracts (passing the turnoffs for Lot 65 / 680 Edward E. Hill Dr and the lower road easements).
  5. Access Lots:
    • Follow the dedicated 40-foot recorded road and utility access easement branching southwest into the contiguous 5-lot block (Lots 71-75).
    • Lot 72 (4.519 acres) is situated immediately north of the flagship Lot 71 (18.13 ac) and south/west of Lot 73 (8.71 ac), occupying an elevated bench with unobstructed views looking across the Arkansas River Valley and toward the Collegiate Peaks.

Navigation & Site Notes

  • Vehicle Requirement: A standard high-clearance SUV or AWD/4WD vehicle is strongly recommended, especially along the interior 40-foot easement road leading directly to Lot 72's elevated build bench.
  • Property Coordinates / GPS Reference: Approx. 39.0902 N, 106.2904 W (Edward E. Hill Estates Parcel 1-A block).
  • Direct Route Link: Directions from US-24 / CO-82 to County Road 30

Showing Instructions:

Call for Casey Adams for your personal private tour of the property today!

Additional Details

Additional Info

Wildlife: Elk, Mule Deer
Recreation: Public Land Access
Road Type: Dirt
Road Frontage: Road
Vegetation: Brush
Current Use: Development
Possible Use: Development

Financial

Parcel ID: 290114401061
Listing Terms: Conventional
Taxes (annually): $460
Tax Year: 2026
HOA Fee (annually): $15
HOA Phone: (970) 987-7338

Additional Video

Ask Casey About This Property

Nearby Properties Around Lake County

Price Reduced
Lake County, CO
1. Property OverviewSeated high in the Rocky Mountains, this expansive acreage offers a front-row seat to 14 of Colorado's most majestic peaks and the historic Colorado trail while serving as a blank canvas where your dreams can take root.If you love...
38.27± Acres
|
$250,000
New Listing
Park County, CO
 20 Private Acres Bordering National ForestIf true privacy is what you’ve been searching for, this is the Colorado mountain property that’s exceptionally hard to find—20 beautifully wooded acres in Alma, ColoradoHidden at the end of a private ro...
20± Acres
|
$299,000
New Listing
Eagle County, CO
Pristine Private 96-Acre Legacy Mountain Compound Surrounded by National Forest with Direct Ski AccessProperty OverviewOffered to the market for the first time ever, this Pristine 96-acre Colorado wilderness property represents a unique opportunity t...
95.99± Acres
|
$7,000,000

More Properties from Casey Adams

New Listing
Eagle County, CO
Pristine Private 96-Acre Legacy Mountain Compound Surrounded by National Forest with Direct Ski AccessProperty OverviewOffered to the market for the first time ever, this Pristine 96-acre Colorado wilderness property represents a unique opportunity t...
95.99± Acres
|
$7,000,000
Under Contract
Garfield County, CO
Rivendell Farm and Commercial  Agriculture Center History This established, family-owned Colorado operation offers a prime opportunity to own a legacy of quality in the Roaring Fork Valley. For over 30 years, Rivendell Distribution has successfu...
182.76± Acres
|
$4,000,000
Price Reduced
Lake County, CO
1. Property OverviewSeated high in the Rocky Mountains, this expansive acreage offers a front-row seat to 14 of Colorado's most majestic peaks and the historic Colorado trail while serving as a blank canvas where your dreams can take root.If you love...
38.27± Acres
|
$250,000