Premier Frying Pan Riverfront log home just minutes from the charm and culture of Old Town Basalt. This beautifully updated 3-bedroom, 2.5-bath residence is ideally situated at the end of a private cul-de-sac within the exclusive Peachblow subdivision, consisting of 43+ acres shared by only 13 homes.
Enjoy direct river frontage and access to approximately one mile of semi-private, Gold Medal fishing waters. Thoughtfully upgraded with quality finishes, the home blends classic log construction with modern comfort, creating a warm and refined mountain retreat.
Expansive patio spaces invite effortless indoor-outdoor living, ideal for al fresco dining, entertaining, or simply taking in the sights and sounds of the Frying Pan River. A dedicated outdoor fire pit provides the perfect gathering place for family and friends--offering a year-round setting for memorable evenings under the Colorado sky.
Whether envisioned as a serene weekend escape or a full-time residence, this is a rare opportunity to own a legacy property in one of the Roaring Fork Valley's most treasured riverfront settings.
For sale
$3,950,000
397 Oak Rd, Basalt, CO 81621
3beds
2,496sqft
Single Family Residence
Built in 1990
8,712 Square Feet Lot
$3,614,000 Zestimate®
$1,583/sqft
$54/mo HOA
What's special
Direct river frontageExpansive patio spacesDedicated outdoor fire pitEffortless indoor-outdoor living
- 79 days |
- 326 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Stephanie Williams (970)927-8080,
Aspen Snowmass Sotheby's International Realty-Basalt,
Ted Borchelt 970-309-3626,
Aspen Snowmass Sotheby's International Realty-Basalt
Source: AGSMLS,MLS#: 192129
Loading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: Inside
Features
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 2,496
- Total interior livable area: 2,496 sqft
- Finished area above ground: 2,496
Property
Parking
- Parking features: None
Lot
- Size: 8,712 Square Feet
- Features: Cul-De-Sac, Landscaped
Details
- Parcel number: 246909102003
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Log Siding, Log
- Roof: Metal
Condition
- Excellent
- New construction: No
- Year built: 1990
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Propane
Community & HOA
Community
- Subdivision: Peachblow
HOA
- Has HOA: Yes
- Services included: Management, Water
- HOA fee: $650 annually
Location
- Region: Basalt
Financial & listing details
- Price per square foot: $1,583/sqft
- Tax assessed value: $2,664,770
- Annual tax amount: $14,452
- Date on market: 3/25/2026
- Listing terms: New Loan,Cash
- Inclusions: Ceiling Fan, Dryer, Refrigerator, Stove Top, Microwave, Dishwasher
Estimated market value
$3,614,000
$3.43M - $3.79M
$7,477/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2026 | Listed for sale | $3,950,000+172.4%$1,583/sqft |
Source: AGSMLS #192129 Report a problem | ||
| 12/20/2011 | Sold | $1,450,000-9.4%$581/sqft |
Source: Public Record Report a problem | ||
| 10/29/2011 | Price change | $1,600,000-13.5%$641/sqft |
Source: Chaffin Light Real Estate #120695 Report a problem | ||
| 8/3/2011 | Price change | $1,850,000-17.7%$741/sqft |
Source: Chaffin Light Real Estate #120695 Report a problem | ||
| 4/28/2011 | Listed for sale | $2,249,000+32.3%$901/sqft |
Source: Chaffin Light Real Estate #120695 Report a problem | ||
| 9/16/2010 | Sold | $1,700,000-15%$681/sqft |
Source: Public Record Report a problem | ||
| 8/23/2009 | Listed for sale | $1,999,000$801/sqft |
Source: Chaffin Light Real Estate - Snowmass #109624 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,710 +61% | $178,540 -2.4% |
| 2023 | $8,514 -2.7% | $182,980 +72.7% |
| 2022 | $8,750 | $105,930 -2.8% |
| 2021 | -- | $108,980 -11.7% |
| 2020 | $9,442 -0.9% | $123,450 |
| 2019 | $9,532 | $123,450 +8.4% |
| 2018 | $9,532 +7.4% | $113,860 |
| 2017 | $8,875 +5.6% | $113,860 -9.4% |
| 2016 | $8,403 -11% | $125,740 |
| 2015 | $9,445 +22.4% | $125,740 +16.3% |
| 2014 | $7,718 | $108,150 +3.6% |
| 2013 | -- | $104,420 +7.6% |
| 2012 | -- | $97,050 |
| 2011 | -- | $97,050 -32.6% |
| 2010 | -- | $144,030 |
| 2009 | -- | $144,030 +34.8% |
| 2008 | -- | $106,860 |
| 2007 | -- | $106,860 +26.9% |
| 2006 | -- | $84,180 +61.9% |
| 2005 | -- | $52,010 +12.4% |
| 2004 | -- | $46,290 -1% |
| 2003 | -- | $46,760 -6.9% |
| 2002 | -- | $50,210 +0% |
| 2001 | -- | $50,200 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 81621
Nearby schools
GreatSchools rating
- 4/10Basalt Middle SchoolGrades: 5-8Distance: 7.7 mi
- 6/10Basalt High SchoolGrades: 9-12Distance: 8.3 mi
- 7/10Basalt Elementary SchoolGrades: PK-4Distance: 7.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Colorado
- Eagle County
- Basalt
- 81621
- 397 Oak Rd
Nearby cities
Nearby zip codes
Other Basalt Topics
