$1,100,000
SOLD JUN 11, 2026

5202 Elk Ln Unit 5202 Basalt, CO 81621

3 Beds
3 Baths
1,420 Sq Ft
1995 Built

Sale Details

Date Sold: June 11, 2026

$775 Per Sq Ft

3% Below List Price

5 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Landscaped with Trees
  • Baseboard Heating
  • Patio
  • Ceiling Fan
  • 1 Car Garage

About This Home

As of June 2026

Just minutes from downtown Basalt, the Villas at Elk Run offer a welcoming community cherished by both locals and visitors. This top-floor unit is ideally positioned on the north side of the complex, providing a peaceful setting filled with soft morning light. Inside, marble countertops, stainless steel appliances, and an open-concept layout with soaring ceilings create an airy retreat that feels like a true mountain oasis. The condo features two generous bedrooms with en suite bathrooms and walk-in closets, along with a lofted third bedroom--also with its own en suite--perfect for guests or additional living space. A stackable washer and dryer, a one-car garage, and an additional parking space add everyday convenience to this thoughtfully designed and well maintained residence. Whether you're looking for a full-time home or a relaxing mountain escape, this residence offers comfort, convenience, and a true sense of place.

Last Agent to Sell the Property

Ashley Ernst

Douglas Elliman Real Estate-Durant Brokerage Phone: (970) 925-8810 License #FA.100025904 Listed on: 05/07/2026

Douglas Elliman Real Estate-Durant

Last Buyer's Agent

Carrie Wells

Coldwell Banker Mason Morse-Aspen License #EI1281745

Coldwell Banker Mason Morse-Aspen

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,455

Year Built

  • Built in 1995

Lot Details

  • Southeast Facing Home
  • Landscaped with Trees
  • Property is in excellent condition

HOA Fees

  • $643 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Common or Shared Parking

Home Design

  • Frame Construction
  • Cement Board or Planked

Interior Spaces

  • 1,420 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Baseboard Heating
  • Natural Gas Connected
  • Water Rights Not Included
  • Cable TV Available

Additional Features

  • Patio
  • Mineral Rights Excluded

Listing and Financial Details

  • Assessor Parcel Number 246717228048
  • Seller Concessions Offered

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, ground maintenance
  • Villas @ Elk Run Subdivision
  • On-Site Maintenance

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,455

Year Built

Built in 1995

Lot Details

0 Sq Ft Lot

HOA Fees

$643 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Ceiling Fan, Dryer, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Villas @ Elk Run
  • Directions: Two Rivers Road to Elk Run Drive. Elk Lane is the 1st left once you are on Elk Run Drive. When Elk Lane splits veer right and the unit will be a couple buildings down on your right hand side.
  • Above Grade Finished Sq Ft: 1420.0
  • Architectural Style: Other
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1995
  • Tax Parcel Letter: R015018
  • Attribution Contact: (970) 925-8810
  • Location Info:Furnished: Partially
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: C3
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:ADU: No
  • General Info:Short Termable: Yes
  • Financing Info:Taxes2: 5455.04
  • Financing Info:Tax Year2: 2025
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Condition:Excellent: Yes
  • Water Rights:No3: Yes
  • Extras:Cable TV: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • HOA Fees Includes:Sewer2: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • HOA Fees Includes:Water: Yes
  • General Info:LvHtSqFt (Abv Grnd): 1420.0
  • General Info:Unit Faces: Southeast
  • Water:Community: Yes
  • Exterior:Cement Board: Yes
  • Laundry Facility:In Hall: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 7713.72
  • Listing Info In Foreclosure: No
  • Keywords Info Garage Spaces: 1.0
  • Keywords Info Garage4: Yes
  • General Info:Main Floor Primary: Yes
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6Ik0wMDAwMDEwOSIsIkxpc3RpbmdJRCI6IjE5MjcyNSIsIlN0YW5kYXJkU3RhdHVzIjoiQ2xvc2VkIiwiTW9kaWZpY2F0aW9uVGltZXN0YW1wIjoiMjAyNi0wNi0xMlQxNjo1Njo1Ny4wMDBaIiwiTGljZW5zZWVJRCI6Im9hdXRoMl8xODQ0MyIsIkxpY2Vuc2VlTmFtZSI6IlRlbi1YIn0.Va80Bk-N-RDs5yxTLaQ7Qd62NpSsycTiCO5CDbAQKYc/badge
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Partially
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 1420.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Cement Siding, Frame
  • Direction Faces: Southeast
  • Property Condition: Excellent
  • Construction:Frame: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Common
  • Total Parking Spaces: 1.0
  • Parking Area:Common2: Yes
  • Parking Area Total Parking: 1.0

Utilities

  • Laundry Features: In Hall
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Connected, Electricity Connected
  • Water Source: Community
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 642.81
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 642.81
  • Financing Info:Association Fee Frequency2: Monthly
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Water, Trash, Snow Removal, Sewer, Maintenance Grounds

Lot Info

  • Parcel #: 246717228048
  • Zoning: C3

Tax Info

  • Tax Annual Amount: 5455.04
  • Tax Year: 2025

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Sep 25, 2021
Sold by
Bought by
Seller's Agent
Ashley Ernst
Douglas Elliman Real Estate-Durant
Buyer's Agent
Ashley Ernst
Douglas Elliman Real Estate-Durant
List Price
$665,000
Sold Price
$665,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%

Purchase Details

Closed on
Aug 31, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Special Warranty Deed $665,000 Land Title Guarantee
Warranty Deed $325,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $200,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2026 06/11/26 Sold $1,100,000 -3.9% $775 / Sq Ft
05/08/2026 05/08/26 Price Changed $1,145,000 +0.9% $806 / Sq Ft
05/07/2026 05/07/26 For Sale $1,135,000 +70.7% $799 / Sq Ft
10/11/2021 10/11/21 For Sale $665,000 0.0% $468 / Sq Ft
10/05/2021 10/05/21 Sold $665,000 -- $468 / Sq Ft View Prior Sale
08/05/2021 08/05/21 Pending -- -- --
Source: Aspen Glenwood MLS

Agents Affiliated with this Home

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Map

Source: Aspen Glenwood MLS

MLS Number: 192725

Aspen Glenwood MLS

APN: R015018

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