Skip main navigation
For sale
  • Price cut: $644K (9/1)
    $5,500,000

    Tbd Frying Pan Rd, Basalt, CO 81621

    --beds
    0baths
    --sqft
    : 
    $36,420/mo
    Get pre-qualified
    Land
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $8/mo HOA

    What's special

    Spring-fed pondExpansive open landRare combination of privacy
    CASTLE VIEW ESTATES | THREE PARCEL LEGACY OPPORTUNITY An extraordinary opportunity to acquire all three parcels of Castle View Estates in the iconic Frying Pan River Valley, encompassing approximately 22.06 acres just five miles from Basalt. Set beneath the dramatic Seven Castles and surrounded by some of Colorado's most spectacular scenery, these three parcels offer a rare combination of privacy, breathtaking mountain and valley views, a spring-fed pond, valuable water rights, and proximity to the renowned Gold Medal waters of the Frying Pan River. Offered together, the properties present an exceptional opportunity to create a private legacy compound spanning all three parcels, or to develop three distinctive residences, each with its own setting and vision. The offering includes approximately 4.14 acres at 4959 Frying Pan Road, over 11 acres at 5045 Frying Pan Road, and approximately 6.508 acres at 5129 Frying Pan Road. Towering red cliffs provide a spectacular backdrop while eagles, osprey and herons frequent the valley overhead. The spring-fed pond and expansive open land further distinguish this remarkable setting. A truly unique opportunity to control three neighboring parcels in one of the Roaring Fork Valley's most coveted and visually striking locations. See site plans and associated documents for individual parcel details, water rights and additional property information. Perhaps one lucky individual will create a legacy compound on all three lots - or three individuals will place their own vision and build a special home on each property...
    59 days
    23
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Doug Leibinger 970-925-6063,

    Compass Aspen

    Source: AGSMLS,MLS#: 194291

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0

      Property

      Lot
      • Size: 11.41 Acres
      Details
      • Parcel number: 246702403002
      • Zoning: Rural Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Land

      Utilities & green energy

      • Water: Well

      Community & HOA

      Community
      • Subdivision: Castle View
      HOA
      • Has HOA: Yes
      • HOA fee: $100 annually
      Location
      • Region: Basalt

      Financial & listing details

      • Annual tax amount: $57,825
      • Date on market: 8/22/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/1/2026Price change$5,500,000-10.5%
        Source: AGSMLS #194291 Report a problem
        8/22/2026Listed for sale$6,144,000
        Source: AGSMLS #194291 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 81621

        Getting around

        0 / 100
        Car-Dependent
        4 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts