For sale

Price cut: $195K (9/1)

$2,800,000

4285 Frying Pan Rd, Basalt, CO 81621

4beds

3,092sqft

$17,910/mo

Get pre-qualified

Single Family Residence

Built in 1980

2 Acres Lot

$2,688,600 Zestimate^®

$905/sqft

$-- HOA

What's special

Storage shedAlder cabinetryGranite surfacesNew windows

Set on a private acreage along the scenic Frying Pan corridor, this inviting home offers a rare combination of space, flexibility, and proximity to Basalt. Located just minutes from town and free from HOA restrictions, the property allows for short-term rentals and is served by its own domestic well. Has ability to Add an ADU with approvals. Positioned directly across from a public access point to the Frying Pan River, it's an ideal setting for those who value outdoor living and year-round recreation. The home features warm Brazilian cherry hardwood floors, alder cabinetry, and granite surfaces, creating a timeless mountain aesthetic. Recent updates include new windows, roof, water softener, and appliances. Additional highlights include owned solar panels, Starlink connectivity, a storage shed, and a yurt offering flexible, non-conforming use. Offered fully furnished, this property presents a unique opportunity to enjoy Colorado living with both comfort and versatility.

147 days
267
4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
3/4 bathrooms: 1

Heating

Solar, Electric, Baseboard

Cooling

None

Appliances

Laundry: Inside

Features

Basement: Finished,Walk-Out Access
Number of fireplaces: 2
Fireplace features: Wood Burning
Furnished: Yes

Interior area

Total structure area: 3,092
Total interior livable area: 3,092 sqft
Finished area above ground: 1,753
Finished area below ground: 1,338

Property

Parking

Total spaces: 2
Parking features: RV Access/Parking
Garage spaces: 2
Has carport: Yes

Features

Stories: 2
Fencing: Fenced

Lot

Size: 2 Acres
Features: Landscaped

Details

Additional structures: Outbuilding
Parcel number: 246702300025
Zoning: SFR

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Wood Siding, Frame
Foundation: Slab
Roof: Composition

Condition

Good
New construction: No
Year built: 1980

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Electricity Connected

Community & HOA

Community

Subdivision: Seven Castles

Location

Region: Basalt

Financial & listing details

Price per square foot: $905/sqft
Tax assessed value: $1,808,240
Annual tax amount: $8,623
Date on market: 4/17/2026
Listing terms: New Loan,Cash
Inclusions: Ceiling Fan, Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Water Softener, Satellite Dish, Range, Microwave, Dishwasher

Estimated market value

$2,688,600

$2.55M - $2.82M

Not available

Price history

Date	Event	Price
9/1/2026	Price change	$2,800,000-6.5%$905/sqft
Source: AGSMLS #192447 Report a problem
4/17/2026	Listed for sale	$2,995,000$969/sqft
Source: AGSMLS #192447 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,624 +26%	$113,020 +17.9%
2024	$6,844 +97%	$95,830 -3.7%
2023	$3,474 -2.7%	$99,470 +130.1%
2022	$3,570	$43,220 -2.8%
2021	--	$44,460
2020	$3,401 -0.9%	$44,460
2019	$3,433	$44,460 -0.9%
2018	$3,433 -1.8%	$44,870
2017	$3,497 +5.6%	$44,870 +26.6%
2016	$3,311 +24.4%	$35,440
2015	$2,662 +6%	$35,440 +0.7%
2014	$2,512	$35,200
2013	--	$35,200 -11.3%
2012	--	$39,680
2011	--	$39,680 -39.3%
2010	--	$65,360
2009	--	$65,360 +20%
2008	--	$54,480
2007	--	$54,480 +22.9%
2006	--	$44,320
2005	--	$44,320 +0.8%
2004	--	$43,980 -1%
2003	--	$44,430 -7.6%
2002	--	$48,060
2001	--	$48,060