Here is a unique opportunity to purchase a premier homesite just 10 minutes from charming downtown Basalt in the stunning Frying Pan Valley. With no limitations on the type of home that can be built, 1200 Frying Pan Road is prime to fit your vision. Adjacent to the White River National Forest, there are simply very few lots that offer so much privacy. Build your deck facing the Red Sandstone backdrop where you will see nobody in sight. It will be easy to build on this property as the land is flat! Improvements include a well and rough driveway, leaving the future owner with fewer tasks for their plan to come to fruition. Power is readily available as well! As great as the homesite is, the surrounding area is even better. The Frying Pan River, known for gold medal trout fishing, runs for 42 miles. The Ruedi Reservoir, 30 minutes east, is a great spot for boating, swimming, and more fishing. Off-roaders will love the ability to travel all the way to Leadville for backcountry missions. Hikers will relish in the ability to get lost in such a colorful forest. Once the snow falls, Aspen's four ski areas are easily accessible as the free Brush Creek Park and Ride is just 25 minutes away. For those seeking convenience, serenity, and true Colorado beauty, there are few better options. Start building your legacy mountain property before the snow falls!
Lot/land
Price cut: $5K (8/27)
$995,000
1200 Frying Pan Road, Basalt, CO 81621
--beds
--baths
4.59Acres
Improved Land
Built in ----
4.59 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 42 days
- 203
- 17
Zillow last checked:
Listing updated:
Listed by:
Christopher Graves 970-930-1970 christopher@westwardbroker.com,
eXp Realty, LLC
Source: REcolorado as distributed by MLS GRID,MLS#: 6604821
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: Partial
- Has view: Yes
- View description: Mountain(s), Valley
Lot
- Size: 4.59 Acres
- Features: Borders National Forest, Level, Secluded
- Residential vegetation: Natural State
Details
- Parcel number: R067593
- Zoning: Single Fam Res Land
- Special conditions: Standard
Utilities & green energy
- Water: Well
Community & HOA
Community
- Subdivision: Seven Castles
HOA
- Has HOA: No
Location
- Region: Basalt
Financial & listing details
- Tax assessed value: $220,000
- Annual tax amount: $4,800
- Date on market: 8/2/2026
- Listing terms: Cash,Conventional
- Exclusions: None
- Ownership: Individual
- Electric utility on property: Yes
- Road surface type: Dirt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Price change | $995,000-0.5% |
Source: | ||
| 8/2/2026 | Listed for sale | $1,000,000-4.8% |
Source: | ||
| 8/1/2026 | Listing removed | $1,050,000 |
Source: AGSMLS #192437 Report a problem | ||
| 4/16/2026 | Listed for sale | $1,050,000-8.7% |
Source: AGSMLS #192437 Report a problem | ||
| 12/6/2025 | Listing removed | $1,150,000 |
Source: AGSMLS #187467 Report a problem | ||
| 8/1/2025 | Price change | $1,150,000-11.5% |
Source: AGSMLS #187467 Report a problem | ||
| 7/10/2025 | Price change | $1,300,000-10.3% |
Source: AGSMLS #187467 Report a problem | ||
| 6/6/2025 | Price change | $1,450,000-19% |
Source: AGSMLS #187467 Report a problem | ||
| 3/20/2025 | Listed for sale | $1,790,000+97.8% |
Source: AGSMLS #187467 Report a problem | ||
| 11/16/2021 | Sold | $905,000-5.2% |
Source: AGSMLS #170946 Report a problem | ||
| 10/18/2021 | Pending sale | $955,000 |
Source: AGSMLS #170946 Report a problem | ||
| 10/5/2021 | Price change | $955,000-1.2% |
Source: AGSMLS #170946 Report a problem | ||
| 9/22/2021 | Price change | $967,000-0.8% |
Source: AGSMLS #170946 Report a problem | ||
| 8/16/2021 | Price change | $975,000-7.1% |
Source: | ||
| 7/6/2021 | Listed for sale | $1,050,000+139.2% |
Source: | ||
| 8/26/2019 | Listing removed | $439,000+14% |
Source: Coldwell Banker Mason Morse-Aspen #156249 Report a problem | ||
| 8/21/2019 | Sold | $385,000-12.3% |
Source: Agent Provided Report a problem | ||
| 11/15/2018 | Pending sale | $439,000 |
Source: Coldwell Banker Mason Morse-Aspen #156249 Report a problem | ||
| 9/27/2018 | Listed for sale | $439,000 |
Source: Coldwell Banker Mason Morse-Aspen #156249 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2018 | $4,973 | $63,800 |
| 2017 | $4,973 +5.6% | $63,800 +14.3% |
| 2016 | $4,709 +12.3% | $55,830 |
| 2015 | $4,194 +5.3% | $55,830 |
| 2014 | $3,984 | $55,830 |
| 2013 | -- | $55,830 -22.2% |
| 2012 | -- | $71,780 |
| 2011 | -- | $71,780 -33.8% |
| 2010 | -- | $108,460 |
| 2009 | -- | $108,460 +33.3% |
| 2008 | -- | $81,350 |
| 2007 | -- | $81,350 +18.6% |
| 2006 | -- | $68,590 |
| 2005 | -- | $68,590 |
| 2004 | -- | $68,590 |
| 2003 | -- | $68,590 |
| 2002 | -- | $68,590 |
| 2001 | -- | $68,590 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 81621
Nearby schools
Schools provided by the listing agent
- District: Roaring Fork RE-1
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





