A rare opportunity to own a Frying Pan River property with irreplaceable long-term value and private Gold Medal fishing, featuring a well-positioned mountain contemporary 4-bedroom, 3-bath home in a beautiful, elevated setting above the river. Lovingly maintained and thoughtfully updated, the home enjoys views of the Frying Pan and dramatic Red Cliff formations, with the soothing sound of the river adding to the experience. A private path on the property leads you to an approximately half-mile stretch of the famed Frying Pan River, one of Colorado's renowned Gold Medal fisheries and a destination for anglers from around the world. Enjoy the opportunity to fish and access the river on your own property, while taking in the beauty and tranquility of this exceptional setting. Three open, inviting patio spaces extend the living areas outdoors, each capturing majestic mountain views while offering places to gather, relax and enjoy. The combination of river access, privacy, generous acreage, wildlife viewing and abundant outdoor living is truly special. Just minutes from Old Town Basalt, with its shops and restaurants, the Sunday Basalt Market and Wednesday evening concerts, this property enjoys a great central location in the Roaring Fork Valley while offering the serenity of a private river setting and the vibrant lifestyles of Basalt. Properties of this nature seldom reach the market.
Ask listing brokers about other Frying Pan Valley comparable sales.
For sale
$5,250,000
339 Big Hat Rd, Basalt, CO 81621
4beds
3,242sqft
Single Family Residence
Built in 1979
3.24 Acres Lot
$4,839,300 Zestimate®
$1,619/sqft
$750/mo HOA
What's special
Majestic mountain viewsFrying pan river propertyWildlife viewingGenerous acreagePrivate gold medal fishingRiver accessAbundant outdoor living
- 17 days
- 645
- 19
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Ted Borchelt (970)927-8080,
Aspen Snowmass Sotheby's International Realty-Basalt,
Stephanie Williams 970-948-5519,
Aspen Snowmass Sotheby's International Realty-Basalt
Source: AGSMLS,MLS#: 194218
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Radiant, Forced Air
Cooling
- None
Appliances
- Laundry: Inside
Features
- Basement: Walk-Out Access,Crawl Space
- Number of fireplaces: 2
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 3,242
- Total interior livable area: 3,242 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- On waterfront: Yes
- Waterfront features: River Front
Lot
- Size: 3.24 Acres
- Features: Landscaped
Details
- Parcel number: 246701402001
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Stone Veneer, Block, Concrete, Other, Stone, Frame
- Foundation: Slab
- Roof: Metal
Condition
- Excellent
- New construction: No
- Year built: 1979
- Major remodel year: 2018
Utilities & green energy
- Sewer: Septic Tank
- Water: Public, Other
- Utilities for property: Electricity Connected, Propane
Green energy
- Water conservation: Water-Smart Landscaping
Community & HOA
Community
- Subdivision: Big Hat
HOA
- Has HOA: Yes
- Services included: Water, Trash, Snow Removal, Maintenance Grounds
- HOA fee: $9,000 annually
Location
- Region: Basalt
Financial & listing details
- Price per square foot: $1,619/sqft
- Tax assessed value: $2,699,740
- Annual tax amount: $13,629
- Date on market: 8/18/2026
- Listing terms: New Loan,Cash
- Inclusions: Dryer, Refrigerator, Washer, Window Coverings, Water Softener, Satellite Dish, Range, Microwave, Dishwasher
Estimated market value
$4,839,300
$4.60M - $5.08M
$7,085/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Listed for sale | $5,250,000+400%$1,619/sqft |
Source: AGSMLS #194218 Report a problem | ||
| 12/28/2016 | Sold | $1,050,000+30.4%$324/sqft |
Source: Public Record Report a problem | ||
| 1/23/2006 | Sold | $805,000$248/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,629 +5.1% | $168,740 -0.1% |
| 2024 | $12,973 +83.9% | $168,950 -2.5% |
| 2023 | $7,055 -2.7% | $173,290 +97.4% |
| 2022 | $7,250 | $87,780 -2.8% |
| 2021 | -- | $90,300 +17.7% |
| 2020 | $5,867 -0.9% | $76,710 |
| 2019 | $5,923 | $76,710 -10.7% |
| 2018 | $5,923 -11.5% | $85,860 |
| 2017 | $6,692 +5.6% | $85,860 +2.8% |
| 2016 | $6,337 +1% | $83,510 |
| 2015 | $6,273 +28.9% | $83,510 +22.4% |
| 2014 | $4,868 | $68,220 |
| 2013 | -- | $68,220 -5.4% |
| 2012 | -- | $72,110 |
| 2011 | -- | $72,110 -44% |
| 2010 | -- | $128,800 |
| 2009 | -- | $128,800 +12.3% |
| 2008 | -- | $114,690 +39.2% |
| 2007 | -- | $82,380 +28.3% |
| 2006 | -- | $64,220 |
| 2005 | -- | $64,220 +16.4% |
| 2004 | -- | $55,180 -1% |
| 2003 | -- | $55,730 -7.1% |
| 2002 | -- | $59,970 +0% |
| 2001 | -- | $59,960 |
Find assessor info on the county website
Monthly payment
Est. payment



