$1,525,000
SOLD DEC 12, 2025

635 Cedar Dr Basalt, CO 81621

3 Beds
2 Baths
2,304 Sq Ft
1.5 Acres

Recently Sold

$662 Per Sq Ft

3% Below List Price

10 Days on Market

Highlights

  • Green Building
  • Patio
  • Baseboard Heating
  • Views
  • Landscaped with Trees
  • 3 Car Garage

About This Home

As of December 2025

Perched above Basalt with breathtaking views, discover a rare opportunity to bring your vision to life with this log home mountain retreat. Nestled on 1.5 private acres, this peaceful property offers unparalleled views of Mt. Sopris and the surrounding valley, blending quiet seclusion with the convenience of being just minutes from downtown.
The existing 3-bedroom, 2-bath log home features an unfinished interior, providing a true blank canvas for your personal design, remodel, or dream reimagining. Whether you're envisioning a rustic escape or a modern alpine haven, this home is ready for transformation. A spacious 3-car detached garage adds ample room for vehicles, gear, and outdoor toys.
This is a unique value-add opportunity in one of Colorado's most sought-after mountain communities. Create your dream retreat and enjoy the best of the Roaring Fork Valley lifestyle—from gold-medal fly fishing and world-class skiing to scenic hiking and biking trails, all just outside your door.

Last Agent to Sell the Property

Carol Hood Peterson

Aspen Snowmass Sotheby's International Realty - Hyman Mall Brokerage Phone: (970) 925-6060 License #EA329031 Listed on: 10/03/2025

Last Buyer's Agent

Sam Augustine

Compass Aspen License #FA100074252

Compass Aspen

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,604

Year Built

  • Built in 1974

Lot Details

  • 1.5 Acre Lot
  • Southern Exposure
  • Gentle Sloping Lot
  • Landscaped with Trees
  • Property is in good condition

Parking

  • 3 Car Garage

Home Design

  • Cabin
  • Owner Aware of Defects
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Property Views
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Rights Not Included

Additional Features

  • Green Building
  • Patio
  • Mineral Rights Excluded

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Eppleys III Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246708202001
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,604

Year Built

Built in 1974

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Subdivision Name: Eppleys III
  • Directions: From Basalt go east on the Frying Pan road, left on Sopris, right on Cedar. Property is on the right.
  • Above Grade Finished Sq Ft: 1152.0
  • Architectural Style: Cabin
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1974
  • Tax Parcel Letter: R027486
  • Attribution Contact: (970) 925-6060
  • Location Info:Furnished: Unfurnished
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-1
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 9603.68
  • Financing Info:Tax Year2: 2004
  • Extras:PatioDeck: Yes
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • Exterior:Wood Siding: Yes
  • Water Rights:No3: Yes
  • Condition:Good: Yes
  • Mineral Rights:No2: Yes
  • Cooling:None: Yes
  • General Info:LvHtSqFt (Abv Grnd): 1152.0
  • General Info:LvHtSqFt (Blw Grnd): 1152.0
  • Roof:Metal: Yes
  • Exterior:Log Siding: Yes
  • Disclosures:Has Known Defects: Yes
  • Financing Info:HOA Dues YN: No
  • Listing Info In Foreclosure: No
  • Keywords Info Garage Spaces: 3.0
  • Keywords Info Garage4: Yes
  • General Info:Main Floor Primary: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1152.0
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2304.0
  • Fireplace:Wood Burning: Yes

Exterior Features

  • Disclosures: Has Known Defects
  • Construction Type: Wood Siding, Log Siding, Log
  • Property Condition: Good
  • Roof: Metal
  • Construction:Log: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • General Info:Garage SqFt: 930.0

Utilities

  • Building Features: Yes
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

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

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 65340.0
  • Parcel #: 246708202001
  • Zoning: R-1

Tax Info

  • Tax Annual Amount: 9603.68
  • Tax Year: 2004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2025
Closed on
Dec 11, 2025
Sold by
Carney Jan and Carney Janice Marie
Bought by
Mcmahon Graham
Seller's Agent
Carol Hood Peterson
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Buyer's Agent
Sam Augustine
Compass Aspen
List Price
$1,575,000
Sold Price
$1,525,000
Premium/Discount to List
-$50,000
-3.17%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.84%
Original Mortgage
$1,076,000
Outstanding Balance
$1,076,000
Interest Rate
6.17%
Mortgage Type
Construction
Estimated Equity
$525,126

Purchase Details

Closed on
Jul 30, 2015
Sold by
Carney Lawrence B and Carney Janice M
Bought by
Carney Lawrence B and Carney Janice M

Purchase Details

Closed on
Jun 17, 1974
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

Date Type Sale Price Title Company
Personal Reps Deed $1,525,000 Land Title
Interfamily Deed Transfer -- None Available
Deed $12,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,076,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2025 12/12/25 Sold $1,525,000 -3.2% $662 / Sq Ft
10/03/2025 10/03/25 For Sale $1,575,000 -- $684 / 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 $9,897 $118,510 $45,490 $73,020
2023 $9,897 $118,510 $45,490 $73,020
2022 $5,762 $70,500 $22,940 $47,560
2021 $5,929 $72,530 $23,600 $48,930
2020 $5,346 $68,340 $20,740 $47,600
2019 $5,401 $68,340 $20,740 $47,600
2018 $4,963 $62,650 $19,080 $43,570
2017 $4,735 $62,650 $19,080 $43,570
2016 $4,288 $57,410 $20,300 $37,110
2015 -- $57,410 $20,300 $37,110
2014 -- $42,950 $19,100 $23,850
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Carol Hood Peterson

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

    (970) 379-0676

    23 Total Sales

    Carol Hood Peterson
    Section Image
  • Sam Augustine

    Buyer's Agent in 2025

    Sam Augustine

    Compass Aspen

    (646) 629-4353

    250 Total Sales

    Sam Augustine
    Section Image
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Map

Source: Aspen Glenwood MLS

MLS Number: 190365

Aspen Glenwood MLS

APN: R027486

Colorado Eagle County Basalt 81621

635 Cedar Dr, Basalt, CO

Sold

Detached

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