1200 Frying Pan Rd Basalt, CO 81621
Estimated payment $8,008/month
About This Lot
Located 4 miles upstream from downtown Basalt, this flat, 4.59 acre parcel of land is ready for development! Situated less than a half of a mile from world class fishing access on the Frying Pan River, this parcel sits adjacent to Seven Castles Creek, with direct trail access to thousands of acres of US Forest Service, which surround the property. Geographically, this property is situated in an area that receives full sunlight. Located in Eagle County, and without an HOA, building restrictions are limited, enabling somewhat unrestricted development. There is a permitted well for on site for household purposes. Per the Forum Phi zoning analysis* There is no limitation on structure size or lot coverage. In addition to a single family dwelling an agricultural structure may be developed provided it is used for farm implement, hay, grain.
Listing Agent
Compass Aspen Brokerage Phone: 970-925-6063 License #FA.100053200 Listed on: 03/20/2025
Property Details
Property Type
- Land
Lot Details
- 4.59 Acre Lot
- Rock Outcropping
- Level Lot
HOA Fees
- $200 Monthly HOA Fees
Location
- Mineral Rights Excluded
Utilities
- Water Rights
- Water Rights Not Included
- Well
- Septic Tank
- Septic System
Community Details
- Association fees include road maintenance
- Seven Castles Subdivision
Listing and Financial Details
- Assessor Parcel Number 246702305001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $21,020 | $282,380 | $282,380 | -- |
| 2023 | $21,020 | $282,380 | $282,380 | $0 |
| 2022 | $8,158 | $101,500 | $101,500 | $0 |
| 2021 | $8,150 | $101,500 | $101,500 | $0 |
| 2020 | $4,880 | $63,800 | $63,800 | $0 |
| 2019 | $4,926 | $63,800 | $63,800 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/01/2025 08/01/25 | Price Changed | $1,150,000 | -11.5% | -- | |
| 07/10/2025 07/10/25 | Price Changed | $1,300,000 | -10.3% | -- | |
| 06/06/2025 06/06/25 | Price Changed | $1,450,000 | -19.0% | -- | |
| 03/20/2025 03/20/25 | For Sale | $1,790,000 | +97.8% | -- | |
| 11/16/2021 11/16/21 | Sold | $905,000 | -13.8% | -- | View Prior Sale |
| 10/17/2021 10/17/21 | Pending | -- | -- | -- | |
| 07/06/2021 07/06/21 | For Sale | $1,050,000 | +172.7% | -- | |
| 08/21/2019 08/21/19 | Sold | $385,000 | -12.3% | -- | View Prior Sale |
| 11/07/2018 11/07/18 | Pending | -- | -- | -- | |
| 09/26/2018 09/26/18 | For Sale | $439,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $905,000 | Land Title Guarantee | |
| Warranty Deed | $385,000 | Land Title Guarantee Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $288,750 | Commercial |
Source: Aspen Glenwood MLS
MLS Number: 187467
APN: 246702305001
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