$1,150,000
$640K PRICE DROP

1200 Frying Pan Rd Basalt, CO 81621

Estimated payment $8,206/month

Total Views 1,578
4.59 Acres
$250,545 Price per Acre
199,940 Sq Ft Lot

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

Andrew Roberts

Compass Aspen Brokerage Phone: 970-925-6063 License #FA.100053200 Listed on: 03/20/2025

Compass Aspen

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

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 4.59
  • Subdivision Name: Seven Castles
  • Directions: TBD
  • Tax Parcel Letter: R067593
  • Attribution Contact: 970-925-6063
  • General Info:Zoning2: RES
  • Listing Info:REO: No
  • Financing Info:Taxes2: 21683.0
  • Financing Info:Tax Year2: 2024
  • Mineral Rights:No2: Yes
  • Sanitation:Septic: Yes
  • Lot Description:Flat: Yes
  • Lot Description:Rolling: Yes
  • Water Rights:None6: Yes
  • Water:Well Installed: Yes
  • Water Rights:Domestic: Yes
  • Lot Description:Rock Outcropping: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 2400.0
  • Special Features: None

Utilities

  • Sewer: Septic Tank
  • Water Source: Well Installed

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 200.0
  • Financing Info:Association Fee Frequency2: Monthly

Fee Information

  • Association Fee Includes: Road Maintenance

Lot Info

  • Lot Size Sq Ft: 199940.0
  • Parcel #: 246702305001
  • Zoning: RES

Tax Info

  • Tax Annual Amount: 21683.0
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
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% --
11/07/2018 11/07/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $439,000 -- --
Source: Aspen Glenwood MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $905,000 Land Title Guarantee
Warranty Deed $385,000 Land Title Guarantee Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $309,750 Commercial
Previous Owner $288,750 Commercial
Source: Public Records

Source: Aspen Glenwood MLS

MLS Number: 187467

Aspen Glenwood MLS

APN: 246702305001