$4,800,000
$400K PRICE DROP

400 Meadow Ln Unit 9 Basalt, CO 81621

Estimated payment $27,836/month

Total Views 1,439
5 Beds
4.5 Baths
4,668 Sq Ft
$1,028 Price per Sq Ft

Highlights

  • Spa
  • Green Building
  • No HOA
  • River Front
  • Contemporary Architecture
  • Air Conditioning

About This Home

Rarely available and highly sought after, this Frying Pan River-front single-family home is located less than half a mile from downtown Basalt. Take in sweeping views of Basalt Mountain and the Frying Pan Valley from the expansive back patio, or enjoy stunning Mount Sopris vistas from the primary deck. The main level offers a light-filled, airy interior ideal for entertaining, complemented by a thoughtfully designed floor plan with multiple versatile living spaces.

Listing Agent

Steven Shane

Compass Aspen Brokerage Phone: 970-925-6063 License #ER040002675 Listed on: 01/22/2026

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,327

Year Built

  • Built in 1995

Lot Details

  • 0.41 Acre Lot
  • River Front
  • North Facing Home
  • Fenced
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned R2

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof
  • Wood Siding

Interior Spaces

  • 4,668 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Gas Fireplace
  • Window Treatments
  • Home Security System
  • Property Views
  • Finished Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Patio

Utilities

  • Air Conditioning
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Connected
  • Water Rights Not Included
  • Water Softener

Additional Features

  • Green Building
  • Mineral Rights Excluded

Community Details

  • No Home Owners Association
  • Riverside Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246708301017

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,327

Year Built

Built in 1995

Lot Details

0.41 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Water Softener, Range, Microwave, Dishwasher
  • Subdivision Name: Riverside Meadows
  • Directions: Head east on Midland Ave toward Riverside Dr, Turn right onto Riverside Dr, Turn left onto Meadow Ln, home is located on the left along the Frying Pan River
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1995
  • Tax Parcel Letter: R032918
  • Attribution Contact: 970-925-6063
  • Location Info:Furnished: Partially
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R2
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:ADU: No
  • Financing Info:Taxes2: 34327.0
  • Financing Info:Tax Year2: 2025
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Lawn Sprinklers: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Mineral Rights:No2: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Inclusions:Water Softener: Yes
  • General Info:Unit Faces: North
  • Inclusions:Oven: Yes
  • Extras:Outdoor Hot TubSpa: Yes
  • Cooling:AC: Yes
  • Extras:Softener: Yes
  • Financing Info:HOA Dues YN: No
  • Listing Info In Foreclosure: No
  • Keywords Info Garage Spaces: 2.0
  • Keywords Info Garage4: Yes
  • General Info:Main Floor Primary: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Partially
  • Has Basement: Finished
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 4668.0
  • Fireplace:Gas: Yes

Exterior Features

  • Fencing: Fence
  • Lot Features: Landscaped
  • Waterfront Features: River Frontage
  • Waterfront: Yes
  • Construction Type: Wood Siding, Frame
  • Direction Faces: North
  • Foundation Details: Slab
  • Property Condition: Excellent
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Info:Garage SqFt: 569.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Building Features: Yes
  • Cooling: A/C
  • Cooling Y N: Yes
  • Heating: Radiant, Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Connected
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Trees: Yes
  • Location Amenities:River Frontage: Yes

Lot Info

  • Lot Size Sq Ft: 17903.0
  • Parcel #: 246708301017
  • Zoning: R2

Tax Info

  • Tax Annual Amount: 34327.0
  • Tax Year: 2025

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $34,327 $372,860 $123,750 $249,110
2024 $33,375 $399,650 $119,500 $280,150
2023 $33,375 $399,650 $119,500 $280,150
2022 $11,884 $129,530 $45,180 $84,350
2021 $12,411 $133,260 $46,480 $86,780
2020 $10,177 $113,320 $46,480 $66,840
2019 $10,296 $113,320 $46,480 $66,840
2018 $11,549 $125,290 $43,200 $82,090
2017 $11,045 $125,290 $43,200 $82,090
2016 $10,591 $118,360 $31,840 $86,520
2015 -- $118,360 $31,840 $86,520
2014 $6,475 $76,860 $23,080 $53,780
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2026 03/17/26 Price Changed $4,800,000 -7.7% $1,028 / Sq Ft
01/22/2026 01/22/26 For Sale $5,200,000 0.0% $1,114 / Sq Ft
01/08/2026 01/08/26 Pending -- -- --
12/30/2025 12/30/25 For Sale $5,200,000 +31.6% $1,114 / Sq Ft
07/09/2021 07/09/21 Sold $3,950,000 0.0% $834 / Sq Ft View Prior Sale
06/20/2021 06/20/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $3,950,000 +102.6% $834 / Sq Ft
02/05/2021 02/05/21 Sold $1,950,000 -17.0% $412 / Sq Ft View Prior Sale
12/13/2020 12/13/20 Pending -- -- --
11/02/2020 11/02/20 For Sale $2,350,000 -- $496 / Sq Ft
Source: Aspen Glenwood MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $3,950,000 Land Title Guarantee Co
Special Warranty Deed $1,950,000 Attorneys Ttl Ins Agcy Of As
Deed -- None Available
Special Warranty Deed -- Stewart Title
Warranty Deed $7,275,000 Land Title Guarantee Company
Warranty Deed $1,442,000 Stewart Title
Warranty Deed $1,175,000 --
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,462,500 Commercial
Previous Owner $705,000 Credit Line Revolving
Previous Owner $4,000,000 Purchase Money Mortgage
Previous Owner $700,000 Fannie Mae Freddie Mac
Previous Owner $940,000 New Conventional
Source: Public Records

Source: Aspen Glenwood MLS

MLS Number: 191207

Aspen Glenwood MLS

APN: R032918

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