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
Days On Site

Features and Additional Information

Lot Size
916,502 SqFt
Property Type
RR-Rural Residential
Property View
Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$2,150,000 Pending

Presented By Coldwell Banker Distinctive Properties Montrose


Agent Image
Get in touch today! Phone: (970) 249-2449
(970) 249-2449
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

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

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School

Want to See More Listings in the Area?

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Coldwell Banker Distinctive

Real Estate Links Our Domains