$975,000

7203 Elk Ln Unit 7203 Basalt, CO 81621

Estimated payment $6,057/month

Total Views 124
3 Beds
3 Baths
1,420 Sq Ft
$687 Price per Sq Ft

Highlights

  • Interior Lot
  • Patio
  • Landscaped with Trees
  • Views
  • Resident Manager or Management On Site
  • Ceiling Fan

About This Home

Discover the best value in Basalt with this inviting 3-bedroom, 3-bathroom residence, ideally located within walking distance to Arbaney Park, the community swimming pool, local restaurants, and bus stops. Situated in the sought-after Elk Run neighborhood, this home combines convenience with comfort.

The interior features vaulted ceilings and maple wood floors that create a warm, airy atmosphere. The open layout flows seamlessly into the living and dining areas, making it perfect for both everyday living and entertaining. A one-car garage provides added convenience, and the home's high ceilings enhance the sense of space throughout.

Whether you're looking for a primary residence, a mountain retreat, or an investment opportunity, this property offers exceptional versatility. As the most affordable 3-bedroom option in downtown Basalt or Elk Run, it's a rare chance to own in one of the valley's most desirable locations.

Listing Agent

Andrew Albee

Slifer Smith & Frampton RFV Brokerage Phone: (970) 925-8088 License #FA.100070912 Listed on: 09/11/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,574

Year Built

  • Built in 1995

Lot Details

  • Fenced
  • Gentle Sloping Lot
  • Sprinkler System
  • Landscaped with Trees
  • Property is in good condition

HOA Fees

  • $610 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Common or Shared Parking

Home Design

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

Interior Spaces

  • 1,420 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 246717228067

Community Details

Overview

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

Recreation

  • Snow Removal

Pet Policy

  • Only Owners Allowed Pets

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,574

Year Built

Built in 1995

Lot Details

0

HOA Fees

$610 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Ceiling Fan, Dryer, Oven, Refrigerator, Washer, Range, Microwave, Dishwasher
  • Subdivision Name: Villas @ Elk Run
  • Directions: Going down valley, right on Two Rivers, Right on Elk Run, First left on Elk Ln. First building on right.
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Master Model: No
  • New Construction: No
  • Year Built: 1995
  • Tax Parcel Letter: R015037
  • Attribution Contact: (970) 925-8088
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Res
  • Listing Info:REO: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 3574.2
  • Financing Info:Tax Year2: 2024
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Sanitation:Sewer: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Wood Siding: Yes
  • Inclusions:Range: Yes
  • HOA Fees Includes:Grounds Maintenance: Yes
  • Substructure:Slab: Yes
  • Extras:Cable TV: Yes
  • Extras:Lawn Sprinklers: Yes
  • HOA Fees Includes:Management: Yes
  • Condition:Good: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Fence: Yes
  • Inclusions:Ceiling Fan: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • HOA Fees Includes:Insurance: Yes
  • HOA Fees Includes:Snow Removal: Yes
  • HOA Fees Includes:Trash: Yes
  • Style:Two Story: Yes
  • Inclusions:Oven: Yes
  • Laundry Facility:In Hall: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 7318.2
  • Keywords Info Garage Spaces: 1.0
  • Keywords Info Garage4: Yes
  • General Info:Main Floor Primary: No
  • Special Features: None

Interior Features

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

Exterior Features

  • Fencing: Fenced
  • Lot Features: Interior Lot, Landscaped
  • Disclosures: Seller Lic RE Agent
  • Construction Type: Wood Siding, Frame
  • Foundation Details: Slab
  • Property Condition: Good
  • Roof: Composition
  • Construction:Frame: Yes

Garage/Parking

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

Utilities

  • Laundry Features: In Hall
  • Heating: Hot Water, Natural Gas, Baseboard
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Amenities: Management, Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 609.85
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Financing Info:Association Fee2: 609.85
  • Financing Info:Association Fee Frequency2: Monthly
  • Location Amenities:Gentle Topo: Yes
  • Location Amenities:Interior Lot: Yes
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes
  • Location Amenities:Trees: Yes
  • HOA Amenities:Management2: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Management, Sewer, Insurance, Trash, Snow Removal, Maintenance Grounds

Lot Info

  • Parcel #: 246717228067
  • Zoning: Res

Tax Info

  • Tax Annual Amount: 3574.2
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 For Sale $975,000 +89.3% $687 / Sq Ft
06/30/2020 06/30/20 Sold $515,000 -2.8% $363 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $530,000 +17.8% $373 / Sq Ft
04/29/2019 04/29/19 Sold $450,000 -16.7% $317 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
04/13/2018 04/13/18 For Sale $540,000 -- $380 / Sq Ft
Source: Aspen Glenwood MLS

Source: Aspen Glenwood MLS

MLS Number: 190090

Aspen Glenwood MLS

APN: 246717228067