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...
For sale
Price cut: $644K (9/1)
$5,500,000
Tbd Frying Pan Rd, Basalt, CO 81621
--beds
0baths
--sqft
Land
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$8/mo HOA
What's special
Spring-fed pondExpansive open landRare combination of privacy
- 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
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $5,500,000-10.5% |
Source: AGSMLS #194291 Report a problem | ||
| 8/22/2026 | Listed for sale | $6,144,000 |
Source: AGSMLS #194291 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment






