$1,400,000
SOLD APR 28, 2025

299 Knight Rd Basalt, CO 81621

3 Beds
3.5 Baths
3,432 Sq Ft
5 Acres

Recently Sold

$408 Per Sq Ft

30% Below List Price

163 Days on Market

Highlights

  • Spa
  • Green Building
  • No HOA
  • RV Access or Parking
  • Furnished
  • Views

About This Home

As of April 2025

The Frying Pan Valley and the Seven Castle views are simply stunning on this unique 5 acre parcel. The 1981 built passive solar house has great bones to be a contemporary modern. The house was built on the eastern 2 acres of the property providing plenty of elbow room between neighbors and privacy with BLM land behind the house, to the North. The extra acreage to the West facing the Seven Castles offers significant room add additional indoor and outdoor entertaining space with an earthly connection. The floorplan with all three 3 bedrooms (each with their own full bathroom) upstairs with spacious living and dining areas, plus a bonus room/office space in the walk-in level provides opportunities to expand to suit your needs. The 2-story sunroom could easily be expanded for a larger living area with an office or vaulted ceilings above. The deck over the garage on the north side begs for an ADU with a shaded entertaining patio with exterior access. The lower level of the house is built into the hillside on 3 sides, providing cool and comfortable temperatures in the summer time. With the south-facing sun exposure, little heat is needed on the days you decide to stay home in the winter. An all-electric house with two furnaces is a perfect application for a state-of-the-art electric heat pump and solar panels. Additional features include a 3rd level attic for storage, a 2-car garage and an outdoor hot tub. The property also accommodates RV, boat, snowmobile storage and additional vehicle parking as well as a storage shed and a small horse stall. No HOA. Furnishings are negotiable! Located just 20 minutes to Ruedi Reservoir and minutes to fly fishing the gold metal waters of the Frying Pan River. Located 5 miles up Frying Pan Road, which is less than 10 minutes to historic downtown Basalt.

Last Agent to Sell the Property

Sara Kurz

Aspen Snowmass Sotheby's International Realty-Basalt Brokerage Phone: (970) 927-8080 License #FA100051699 Listed on: 08/06/2024

Aspen Snowmass Sotheby's International Realty-Basalt

Last Buyer's Agent

Holly Goldstein

The Agency Aspen License #FA.40021903

The Agency Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,247

Year Built

  • Built in 1981

Lot Details

  • 5 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Fence is in average condition
  • Landscaped with Trees
  • Property is in average condition

Home Design

  • Frame Construction
  • Tile Roof
  • "S" Clay Tile Roof
  • Wood Siding

Interior Spaces

  • 3,432 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Crawl Space
  • Property Views

Kitchen

  • Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • RV Access or Parking

Outdoor Features

  • Spa
  • Patio
  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Natural Gas Not Available
  • Water Rights Not Included
  • Well
  • Septic Tank
  • Septic System

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • No Home Owners Association
  • Seven Castles Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246701300002
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,247

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.0
  • Inclusions: Ceiling Fan, Dryer, Oven, Refrigerator, Washer, Window Coverings, Microwave, Dishwasher
  • Subdivision Name: Seven Castles
  • Directions: From downtown Basalt, drive up Frying Pan Road 5 miles. Turn left onto Knight Road. Stay left to continue on Knight Road. Take the next left onto the driveway. The house is at the end of the driveway. Follow signs for 299 Knight Road
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1981
  • Tax Parcel Letter: R017117
  • Attribution Contact: (970) 927-8080
  • Location Info:Furnished: Yes
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Residential
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:ADU: No
  • General Info:Levels: 2.0
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 7247.36
  • Financing Info:Tax Year2: 2023
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Water Rights:No3: Yes
  • Miscellaneous:Under Construction3: No
  • Substructure:Crawl Space: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Condition:Average: Yes
  • General Info:Unit Faces: South
  • Style:Two Story: Yes
  • Sanitation:Septic: Yes
  • Inclusions:Oven: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Extras:Storage Shed: Yes
  • Gas:None3: Yes
  • Water:Well - Household: Yes
  • Roof:Clay Tiles: Yes
  • Financing Info:HOA Dues YN: No
  • Listing Info In Foreclosure: No
  • Keywords Info Garage4: Yes
  • General Info:Main Floor Primary: No
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 3432.0

Exterior Features

  • Construction Type: Wood Siding, Frame
  • Direction Faces: South
  • Property Condition: Average
  • Roof: Tile
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Access/Parking
  • General Info:Garage SqFt: 564.0
  • Parking Area:RV Parking: Yes
  • Carport 2 Car: Yes

Utilities

  • Laundry Features: Inside
  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well - Household
  • Heating:Forced Air: Yes
  • Heating:Electric: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Lot Info

  • Lot Size Sq Ft: 217800.0
  • Parcel #: 246701300002
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7247.36
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Apr 28, 2025
Sold by
Tschernenko Stan and Tschernenko Eileen M
Bought by
Carr Jessica
Seller's Agent
Sara Kurz
Aspen Snowmass Sotheby's International Realty-Basalt
Buyer's Agent
Holly Goldstein
The Agency Aspen
List Price
$1,995,000
Sold Price
$1,400,000
Premium/Discount to List
-$595,000
-29.82%
Views
32
Current Estimated Value
$1,466,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,825
Avg. Annual Appreciation
3.60%
Original Mortgage
$1,050,000
Outstanding Balance
$1,047,219
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$372,718
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,400,000 Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,050,000 New Conventional
Previous Owner $337,354 New Conventional
Previous Owner $360,000 New Conventional
Previous Owner $350,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 Sold $1,400,000 -10.5% $408 / Sq Ft
10/23/2024 10/23/24 Price Changed $1,565,000 -1.9% $456 / Sq Ft
10/08/2024 10/08/24 Price Changed $1,595,000 -3.3% $465 / Sq Ft
09/04/2024 09/04/24 Price Changed $1,650,000 -5.7% $481 / Sq Ft
08/13/2024 08/13/24 Price Changed $1,750,000 -1.4% $510 / Sq Ft
07/12/2024 07/12/24 Price Changed $1,775,000 -6.3% $517 / Sq Ft
06/14/2024 06/14/24 Price Changed $1,895,000 -5.0% $552 / Sq Ft
05/23/2024 05/23/24 For Sale $1,995,000 -- $581 / Sq Ft
Source: Aspen Glenwood MLS

Tax History Compared to Growth

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 $7,746 $104,060 $67,560 $36,500
2023 $7,746 $104,060 $67,560 $36,500
2022 $2,753 $41,200 $13,900 $27,300
2021 $2,829 $42,380 $14,300 $28,080
2020 $2,694 $42,380 $14,300 $28,080
2019 $2,720 $42,380 $14,300 $28,080
2018 $2,896 $44,360 $15,840 $28,520
2017 $2,742 $44,360 $15,840 $28,520
2016 $2,074 $35,570 $15,320 $20,250
2015 -- $35,570 $15,320 $20,250
2014 $1,955 $35,360 $15,320 $20,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 183795

Aspen Glenwood MLS

APN: R017117