4959 Frying Pan Road

Basalt, CO 81621

About this property

GREAT OPPORTUNITY to build a legacy home, or subdivide into lots of at least 2-acres, on this 21 acre property in the beautiful Frying Pan River Valley just 4.8 miles from downtown Basalt. Enjoy this 21 acre site with great views and beautiful two acre pond with lots of trees. Plenty of water rights (see summary under documents) for housing and irrigation. The property is currently improved with 3 cabins and 5 mobile home pads that produce gross rental income of $75,600 annually with net income after expenses of about $45,000. Rural Residential zoning allows for up to 10 two acre lots (see zoning summary in documents). Enjoy snowmobiling, hiking, mountain biking right outside your door with boating and sailing at Ruedi Reservoir just a few miles up the road.

Date Listed
October 6, 2020
Listing Status
Pending
Days On Site
102
MLS#
166959

Features and Additional Information

Lot Size
916,502 SqFt
Acreage
21.04
Property Type
Land
Sub-Type
Resale
Zoning
RR-Rural Residential
Property View
Yes
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$2,150,000 Pending
0 SQFT

Presented By Coldwell Banker Distinctive Properties Montrose

Montrose

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Montrose
(970) 249-2449
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Area Information

Basalt | Eagle County |

$ 2,150,000
This listing is play_arrow 125.1% higher than the average in the area
$ 955,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
102 days on site
This listing is play_arrow 26.7% above the average in the area
81 days on site in the area

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