Priced to move at $597 per square foot, one of the lowest price per square foot among single-family residences in the area--an exceptional value that leaves room for the updates you envision and on one of the best streets in the family friendly Elk Run neighborhood of Basalt. Built with solid great bones, it presents an opportunity for personalization and a significant upside. The spacious living room is open to the kitchen and dining area. Upstairs, the large primary suite has a dramatic vaulted ceiling, a double-sink bathroom, and a large walk-in closet, as well as 2 more bedrooms and a full bath. The lower level features an oversized family room and full bath, that offers flexibility--a portion of it could easily be converted into an additional bedroom, or a 'mother in law' apartment. It has a front and rear deck. The oversized two-car garage provides abundant extra storage. The backyard is ideal for pets. A rare chance to create value and equity in this prime location, walking distance to downtown Basalt.
For sale
Price cut: $115K (9/14)
$1,880,000
740 Hearthstone Dr, Basalt, CO 81621
3beds
3,146sqft
Single Family Residence
Built in 1996
7,219 Square Feet Lot
$1,802,900 Zestimate®
$598/sqft
$-- HOA
What's special
Oversized family roomDouble-sink bathroomLarge walk-in closetFront and rear deck
- 255 days
- 564
- 13
Zillow last checked:
Listing updated:
Listed by:
Rochelle Bouchard (970)925-6060,
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Source: AGSMLS,MLS#: 191360
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced Air
Appliances
- Laundry: Inside
Features
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 3,146
- Total interior livable area: 3,146 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Lot
- Size: 7,219 Square Feet
Details
- Parcel number: 246717201017
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Average
- New construction: No
- Year built: 1996
Utilities & green energy
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Subdivision: Elk Run
Location
- Region: Basalt
Financial & listing details
- Price per square foot: $598/sqft
- Tax assessed value: $1,514,500
- Annual tax amount: $8,706
- Date on market: 1/15/2026
- Listing terms: New Loan,Cash
- Inclusions: Dryer, Oven, Refrigerator, Window Coverings, Range, Microwave, Dishwasher
Estimated market value
$1,802,900
$1.71M - $1.89M
$8,333/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2026 | Price change | $1,880,000-5.8%$598/sqft |
Source: AGSMLS #191360 Report a problem | ||
| 7/11/2026 | Price change | $1,995,000-5%$634/sqft |
Source: AGSMLS #191360 Report a problem | ||
| 6/23/2026 | Price change | $2,099,000-4.6%$667/sqft |
Source: AGSMLS #191360 Report a problem | ||
| 3/16/2026 | Price change | $2,200,000-11.2%$699/sqft |
Source: AGSMLS #191360 Report a problem | ||
| 1/15/2026 | Listed for sale | $2,478,000+171.9%$788/sqft |
Source: AGSMLS #191360 Report a problem | ||
| 2/5/2007 | Sold | $911,500$290/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,707 +5.1% | $94,650 -8.1% |
| 2024 | $8,288 +73.4% | $102,960 +0% |
| 2023 | $4,781 -4.1% | $102,930 +100.8% |
| 2022 | $4,985 | $51,250 -2.8% |
| 2021 | -- | $52,730 +6.8% |
| 2020 | $4,521 -0.7% | $49,360 |
| 2019 | $4,553 -2.5% | $49,360 -0.7% |
| 2018 | $4,671 | $49,700 +7% |
| 2017 | $4,671 +12.2% | $46,470 -5.5% |
| 2016 | $4,163 -7.1% | $49,180 |
| 2015 | $4,482 +17.8% | $49,180 +8.4% |
| 2014 | $3,804 | $45,360 |
| 2013 | -- | $45,360 -23.8% |
| 2012 | $4,467 | $59,500 |
| 2011 | -- | $59,500 -34.6% |
| 2010 | -- | $91,000 |
| 2009 | -- | $91,000 +55.9% |
| 2008 | $3,867 +21% | $58,380 |
| 2006 | $3,196 +10.3% | $58,380 +33.7% |
| 2005 | $2,898 | $43,650 +14.5% |
| 2004 | -- | $38,130 |
| 2003 | -- | -- |
| 2002 | -- | -- |
| 2001 | -- | -- |
| 2000 | -- | -- |
| 1999 | -- | $414,700 |
Find assessor info on the county website
Monthly payment
Est. payment






