The t/h is just past the Lakeview CG. Here are the directions from 14ers.com:
"From U.S. 24 south of Leadville, take Colorado 82 west toward Twin Lakes. Drive about 4 miles and turn right onto the 24 road. Drive 1.2 miles up a hill to the main trailhead parking area (paved) on the left. This is the lower trailhead and 2WD vehicles should park here. Continue 50 feet past the lower TH and turn left on Forest Service road 125.1B (4WD). From here it's 1.8 miles to the upper trailhead. Walk or drive up the 4WD road to reach the start of the trail."
I assume you'll be in a regular 2WD vehicle, meaning park at the main trailhead and walk the 1.8 miles extra, sorry.
Get the hiking route info from 14ers.com:
http://14ers.com/route.php?route=elbe2&peak=Mt.+Elbert
The camp I'm talking about is about 1/4 mile before you leave the trees, at about 11,500. Lots of flat spots to your right. I have a waypoint at: 39.11519 N, 106.40816 W
We use this camp in winter, when of course there is an infinite supply of snow for water. You will have to carry from your last small creek crossing at about 10,800, OR there is a creek (the same creek) about 0.2 miles down a steep hill from this camp.