5548 Frying Pan Rd Basalt, CO 81621
Estimated payment $137,025/month
Highlights
- Barn
- Spa
- 73.87 Acre Lot
- Horse Property
- River Front
- Wetlands on Lot
About This Home
Mountain Living Along the Frying Pan River-Tucked along the banks of the gold-medal Frying Pan River, just five miles from Basalt, Porcupine Ranch is an extraordinary 73.87-acre legacy estate designed for those who seek absolute privacy, world-class fly fishing, and a true connection to nature. Spanning three meticulously curated parcels that are separately deeded to be developed or owned as one legacy estate, this rare offering presents unmatched riverfront access, exceptional equestrian amenities, and a luxurious mountain residence, creating an irreplaceable sanctuary in the Roaring Fork Valley. A Legacy Estate with Limitless Potential -Lovingly shaped over 25 years, Porcupine Ranch is a testament to vision, craftsmanship, and stewardship of the land. This private retreat features 1,700 feet of exclusive river frontage, three wells, rolling pastures, and pristine woodlands that back directly to protected National Forest lands, an unparalleled haven for fly fishing, horseback riding, and outdoor adventure.Exquisite Living Spaces-At the heart of the estate, the 5,739-square-foot main residence blends rustic elegance with refined mountain luxury. Designed for seamless indoor-outdoor living, this home boasts five spacious bedrooms, expansive living and entertaining areas, and breathtaking views of the Seven Castles cliffs. Whether gathering fireside in the grand great room, hosting elegant dinners, or enjoying the serene sounds of the river, the home provides an unmatched sense of tranquility and grandeur. Additional Property Highlights-• 1,040 SF Fishing Cabin - A charming riverside retreat, ideal for guest accommodations or private escapes.• Two Barns with Premium Equestrian Facilities - Accommodating up to seven horses with multiple stalls, tack rooms, paddocks, and irrigated pastures.• Three Distinct Parcels - Offering a unique opportunity for multi-generational living, expansion, or development. Income & Investment Potential-Beyond its breathtaking beauty, Porcupine Ranch presents exceptional income potential. The estate has already garnered interest as a high-end wedding and event venue, with revenue projections reaching $45,000 per week. Additionally, the main residence commands a luxury rental rate of $40,000 per month, offering significant investment upside. A Once-in-a-Lifetime Offering-Opportunities like this are exceedingly rare—a legacy ranch combining luxury, privacy, and investment potential in one of Colorado's most sought-after locations. Whether as a private retreat, equestrian estate, or luxury event venue, Porcupine Ranch is a masterpiece of mountain living. Legal Descriptions for all three (3) parcels being sold as one: Parcel 1A: Subdivision: South Taylor Creek Subdivision Parcel 1-A Filing 2Recorded: BK-0385 PG-0782, BK-0405 PG-0346, SD 01-21-85, BK-0409 PG-0429, SWD 03-20-85, BK-0541 PG-0314, SWD 10-31-90, BK-0571 PG-0877, WD 01-24-92, R748214 EAS 01-16-01Parcel 1B: Subdivision: South Taylor Creek Subdivision Parcel 1-B Filing 2Parcel 2: Subdivision: South Taylor Creek Subdivision Parcel 2Recorded: BK-0334 PG-0814 QCD 12-14-81, BK-0405 PG-0346 SD 01-21-85, BK-0409 PG-0430 SWD 03-20-85, BK-0743 PG-0408 QCD 11-07-97, R748214 EAS 01-16-01
Listing Agent
Coldwell Banker Mason Morse-SMV Brokerage Phone: (970) 923-7700 License #ER100017017 Listed on: 06/12/2025
Co-Listing Agent
Coldwell Banker Mason Morse-Carbondale Brokerage Phone: (970) 923-7700 License #FA100067155
Open House Schedule
-
Wednesday, June 18, 202511:30 am to 2:30 pm6/18/2025 11:30:00 AM +00:006/18/2025 2:30:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,316
Year Built
- Built in 2002
Lot Details
- 73.87 Acre Lot
- River Front
- Fenced
- Landscaped
- Gentle Sloping Lot
- Sprinkler System
- Property is in excellent condition
- Property is zoned Resource
Parking
- 2 Car Garage
Home Design
- Cabin
- Brick or Stone Mason
- Frame Construction
- Shake Roof
- Wood Siding
- Stone Siding
- Log Siding
Interior Spaces
- 5,739 Sq Ft Home
- 2-Story Property
- Partially Furnished
- Ceiling Fan
- 3 Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- Window Treatments
- Crawl Space
- Home Security System
- Property Views
Kitchen
- Oven
- Stove
- Range
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Spa
- Wetlands on Lot
- Horse Property
- Patio
- Outbuilding
Utilities
- Air Conditioning
- Heating System Uses Natural Gas
- Radiant Heating System
- Propane
- Irrigation Well
- Water Rights
- Well
- Water Softener
- Septic Tank
- Septic System
- Satellite Dish
Additional Features
- Mineral Rights Excluded
- Barn
Community Details
- No Home Owners Association
- Frying Pan River Subdivision
- Property is near a preserve or public land
Listing and Financial Details
- Assessor Parcel Number 246701305001
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 | $34,138 | $458,610 | $178,450 | $280,160 |
| 2023 | $34,138 | $458,610 | $178,450 | $280,160 |
| 2022 | $10,229 | $127,260 | $64,420 | $62,840 |
| 2021 | $10,513 | $130,930 | $66,280 | $64,650 |
| 2020 | $10,004 | $130,790 | $66,280 | $64,510 |
| 2019 | $10,098 | $130,790 | $66,280 | $64,510 |
| 2018 | $9,426 | $120,930 | $66,740 | $54,190 |
| 2017 | $8,925 | $120,930 | $66,740 | $54,190 |
| 2016 | $9,634 | $128,250 | $71,240 | $57,010 |
| 2015 | -- | $128,250 | $71,240 | $57,010 |
| 2014 | $8,463 | $118,590 | $48,340 | $70,250 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | For Sale | $24,000,000 | -- | $4,182 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $640,000 | Title & Escrow Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,975,400 | New Conventional | |
| Closed | $2,025,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $1,720,000 | New Conventional | |
| Closed | $2,300,000 | Fannie Mae Freddie Mac | |
| Closed | $2,300,000 | Credit Line Revolving | |
| Closed | $200,000 | Construction | |
| Closed | $2,435,000 | Construction |
Source: Aspen Glenwood MLS
MLS Number: 188669
APN: R028063
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
- 1200 Frying Pan Rd
- 4269 Frying Pan Rd Unit Lot 3
- 4269 Frying Pan Rd
- 768 Kings Lake Rd
- 153 Peachblow Rd
- 2800 Cedar Dr
- 54 Spruce Rd
- 2147 Lower River Rd
- 62 Lazy Glen
- 73 Lazy Glen
- 2134 Lower River Rd
- 26513 Highway 82
- 417 Holland Hills Rd
- 325 Holland Hills Rd
- 113 Crossland Dr
- 354 Snowmass Creek Rd
- 128 Mountain Ct
- 2556 Lower River Rd
- 776 Snowmass Creek Rd
- 2755 Lower River Rd