$700,000
SOLD AUG 5, 2025
0.23 Acre
$3,043,478 Price per Acre
9,910 Sq Ft Lot

Recently Sold

7% Below List Price

673 Days on Market

Highlights

  • Green Building
  • Views
  • Property is near a preserve or public land

About This Lot

As of August 2025

One of the best located lots in the development facing East toward the open space. Gorgeous views of ranch land and mountains to the south and located steps away from the Rio Grande Trail. A 1-minute bike ride to the Roaring Fork Club and 3 minutes to Old Town Basalt. The walkability score from this lot to Old Town is very high, approximately 1/2 mile. Get in on the ground floor of Basalt's newest and most exciting neighborhood, Stotts Mill. All horizontal development in Stotts Mill will be complete in September 2023. Owners may begin building now.

Last Agent to Sell the Property

Stefan Peirson

ENGEL & VOLKERS Brokerage Phone: (970) 925-8400 License #EA40021850 Listed on: 01/15/2025

ENGEL & VOLKERS

Last Buyer's Agent

Cynthia Milling

Douglas Elliman Real Estate-Hyman Ave License #EA.001328368

Douglas Elliman Real Estate-Hyman Ave

Property Details

Property Type

  • Land

HOA Fees

  • $50 Monthly HOA Fees

Additional Features

  • 9,910 Sq Ft Lot
  • Green Building
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 246718123048
  • Seller Concessions Not Offered

Community Details

Overview

  • Association fees include contingency fund, road maintenance, snow removal, trash
  • Stott's Mill Subdivision
  • Property is near a preserve or public land

Recreation

  • Snow Removal

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Sub Type: Single Family Lot
  • Prop. Type: RES Vacant Land
  • Lot Size Acres: 0.23
  • Subdivision Name: Stott's Mill
  • Directions: Southside Drive turn left into Stotts Mill Development then turn right on Allison Lane to Lot 48
  • New Construction: No
  • Tax Parcel Letter: R022781
  • Attribution Contact: (970) 925-8400
  • General Info:Zoning2: Residential
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Listing Info:Foreclosure: No
  • Gas:Natural Gas2: Yes
  • Financing Info:Taxes2: 10821.4
  • Financing Info:Tax Year2: 2022
  • Listing Info:New Construction: No
  • Sanitation:Sewer: Yes
  • HOA Fee Includes:Snow Removal2: Yes
  • Lot Description:Borders Public Land2: Yes
  • HOA Fee Includes:Trash2: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 600.0
  • Special Features: None

Utilities

  • Building Features: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Pets Allowed/Owner, Pets Allowed/Renter
  • Association Fee: 50.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 50.0
  • Financing Info:Association Fee Frequency2: Monthly
  • HOA Amenities:Pets AllowedOwner: Yes
  • HOA Amenities:Pets AllowedRenter: Yes

Fee Information

  • Association Fee Includes: Contingency Fund, Road Maintenance, Snow Removal, Trash

Lot Info

  • Lot Size Sq Ft: 9910.0
  • Parcel #: 246718123048
  • Zoning: Residential
  • Lot Description View: Yes

Tax Info

  • Tax Annual Amount: 10821.4
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Aug 5, 2025
Sold by
Carl E Gungoll Exploration Llc and Reserve Petroleum Company
Bought by
Reagan And Debra Majoria Joint Revocable Trus
Seller's Agent
Stefan Peirson
ENGEL & VOLKERS
Buyer's Agent
Cynthia Milling
Douglas Elliman Real Estate-Hyman Ave
List Price
$749,000
Sold Price
$700,000
Premium/Discount to List
-$49,000
-6.54%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
752.31%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $700,000 Title Company Of The Rockies
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Sold $700,000 -3.4% --
07/04/2025 07/04/25 Pending -- -- --
04/01/2025 04/01/25 Price Changed $725,000 -3.2% --
01/15/2025 01/15/25 For Sale $749,000 +7.0% --
08/31/2024 08/31/24 Off Market $700,000 -- --
07/09/2024 07/09/24 Price Changed $749,000 -9.2% --
04/17/2024 04/17/24 Price Changed $825,000 -2.9% --
08/30/2023 08/30/23 For Sale $850,000 -- --
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 $13,459 $153,450 $153,450 $0
2023 $14,315 $153,450 $153,450 $0
2022 $10,821 $116,000 $116,000 $0
2021 $1,488 $16,240 $16,240 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Aspen Glenwood MLS

MLS Number: 180851

Aspen Glenwood MLS

APN: R022781