$2,435,000
Basalt, CO 81621
MLS# 185895
3 beds | 4 baths | 3100 sqft
1 / 64
Property Description
Nature's Retreat with Versatility and Income Potential Set on 2 acres of serene land just four miles from downtown Basalt, this remarkable 3-bedroom, 4-bathroom home is perfect for those seeking a blend of nature, comfort, and versatility. Surrounded by mature pine and juniper trees, this property boasts stunning views of the Six Mile Peaks and direct access to BLM land for endless outdoor adventures. The main level features an open-concept kitchen, dining, and living area, with wood floors, large windows providing abundant natural light, and a cozy fireplace. The spacious kitchen island and dining area lead seamlessly to an expansive terrace with a hot tub and deck, perfect for entertaining or enjoying peaceful mornings. Beyond the terrace lies a beautifully landscaped garden and paddocked area ideal for horses or other animals. Upstairs, the master suite offers breathtaking views, a combined living and bedroom area, and a generously sized en suite bathroom with a walk-in closet, shower, and bathtub. The ceilings feature skylights, creating a bright, airy atmosphere with plenty of charm. The lower level includes two additional bedrooms, each with their own bathroom, and a separate entrance leading to a fully equipped living, dining, and kitchen area. This level has served as a successful rental unit, generating $3,000 per month in income, and offers flexible use for guests, tenants, or a multi-generational living arrangement. Additional features include a cute greenhouse, an RV parking spot, a detached 3-car garage currently being used as a gym, and a covered deck adjacent to a water feature for added outdoor enjoyment. The property also includes extra storage and a barn for more flexible uses. A household and irrigation well ensure sustainable water use for both home and garden. Whether you're seeking a full-time residence, investment property, or a rural retreat, this home offers a unique lifestyle, just minutes from Basalt's vibrant town center. With tenants in place and flexible rental options, this property provides immediate income potential while offering plenty of opportunities for personal enjoyment and customization.
Details
Maps
Documents
Location Info
Current Price: $2,435,000
Type: Single Family Residence
Lot Size: Refer to Acreage
Major Area: Basalt
Area: 05-Frying Pan/Ruedi
Original List Price: 2435000
Asking Price: 2435000
Street #: 4269
Street Name: Frying Pan
Street Suffix: Road
City/Town: Basalt
State/Province: CO
Postal Code: 81621
Geo Lat: 39.381363
Geo Lon: -106.96744
Keywords Info
Bedrooms: 3
Total Baths: 4
Baths - Full: 2
Baths - 3/4: 1
Baths - Half: 1
Acreage: 1 - 3
Garage: Yes
ud_d1402_01: 3
Pre-Fabricated Home: No
Listing Info
New Construction: No
Listing Date: 2024-10-23
Seller/Owner is Licensed: No
Short Sale: No
REO: No
Auction: No
In Foreclosure: No
Member Association: Glenwood Association
County: Eagle
ADU: No
General Info
Sub/Loc: Frying Pan River
Legal: Subdivision: LETO MINOR SUB Lot: 1
Zoning: RR
Nbr of Acres: 2
Lot SqFt: 87120
Lv Ht SqFt: 3100
Total SqFt: 3100
Price/LvH SqFt: 785.48
Levels: 3
Main Floor Primary Bedroom: No
Year Built: 1994
Unit Faces: South
Parcel #: 246702301001
Directions: At the 4-mile marker on Frying Pan Road, turn left just past a house built into the hillside. Avoid following navigation system, as it will take you too far. After turning, follow the driveway to the first home on the left, then make another left to head up the hill, which leads directly to the property. The drive offers scenic views as you approach the home.
Financing Info
Metro Tax District: No
Taxes: 7433
Tax Year: 2023
Transfer Tax: No
HOA Dues Y/N: No
HOA Transfer Fee: No
Special Assessments: $2,400.00 per year
Status Change Info
Status: Active
Remarks
Public Remarks: Nature's Retreat with Versatility and Income Potential
Set on 2 acres of serene land just four miles from downtown Basalt, this remarkable 3-bedroom, 4-bathroom home is perfect for those seeking a blend of nature, comfort, and versatility. Surrounded by mature pine and juniper trees, this property boasts stunning views of the Six Mile Peaks and direct access to BLM land for endless outdoor adventures.
The main level features an open-concept kitchen, dining, and living area, with wood floors, large windows providing abundant natural light, and a cozy fireplace. The spacious kitchen island and dining area lead seamlessly to an expansive terrace with a hot tub and deck, perfect for entertaining or enjoying peaceful mornings. Beyond the terrace lies a beautifully landscaped garden and paddocked area ideal for horses or other animals.
Upstairs, the master suite offers breathtaking views, a combined living and bedroom area, and a generously sized en suite bathroom with a walk-in closet, shower, and bathtub. The ceilings feature skylights, creating a bright, airy atmosphere with plenty of charm.
The lower level includes two additional bedrooms, each with their own bathroom, and a separate entrance leading to a fully equipped living, dining, and kitchen area. This level has served as a successful rental unit, generating $3,000 per month in income, and offers flexible use for guests, tenants, or a multi-generational living arrangement.
Additional features include a cute greenhouse, an RV parking spot, a detached 3-car garage currently being used as a gym, and a covered deck adjacent to a water feature for added outdoor enjoyment. The property also includes extra storage and a barn for more flexible uses. A household and irrigation well ensure sustainable water use for both home and garden.
Whether you're seeking a full-time residence, investment property, or a rural retreat, this home offers a unique lifestyle, just minutes from Basalt's vibrant town center.
With tenants in place and flexible rental options, this property provides immediate income potential while offering plenty of opportunities for personal enjoyment and customization.
Miscellaneous
Under Construction: No
Property Features
Laundry Facility: Laundry Room
Style: Two Story
Construction: Frame
Exterior: Wood Siding
Substructure: Finished Basement; Walkout
Roof: Composition Shingles
Condition: Good
Heating: Baseboard; Natural Gas; Radiant
Gas: Propane
Water: Well - Domestic; Well - Irrigation
Cooling: None
Sanitation: Septic
Fireplace: Wood Burning
Carport: None
Parking Area: RV Parking
Possession: Subject to Lease
Extras: Barn or Corral; Fence; Guest/Caretaker Qtrs; Hot Tub/Spa; Landscaping; Lawn Sprinklers; Outbuildings; Outdoor Hot Tub/Spa; Patio/Deck; Softener; Storage Shed
Terms Offered: Cash; New Loan
Mineral Rights: No
Water Rights: No
Location Amenities: Borders Public Land; Cul-de-Sac; Exposure, Southern; Horse Property; Rolling Topo; Trees; Views
Sign: No
Inclusions: Ceiling Fan; Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Satellite Dish; Washer; Window Coverings
Colorado Division of Water Resources 
Listing Office: Rimkus Real Estate ERA Powered
Last Updated: January - 17 - 2025
Copyright 2020 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.
Broker Attribution:
(970) 355-3360