Land · Active
Basalt, CO 81621
0 Baths
$5,500,000
Land
Property Type
22.06 acres
Lot Size
$100
HOA Fee
194291
MLS #
About This Property
CASTLE VIEW ESTATES | THREE PARCEL LEGACY OPPORTUNITY
An extraordinary opportunity to acquire all three parcels of Castle View Estates in the iconic Frying Pan River Valley, encompassing approximately 22.06 acres just five miles from Basalt.
Set beneath the dramatic Seven Castles and surrounded by some of Colorado's most spectacular scenery, these three parcels offer a rare combination of privacy, breathtaking mountain and valley views, a spring-fed pond, valuable water rights, and proximity to the renowned Gold Medal waters of the Frying Pan River.
Offered together, the properties present an exceptional opportunity to create a private legacy compound spanning all three parcels, or to develop three distinctive residences, each with its own setting and vision.
The offering includes approximately 4.14 acres at 4959 Frying Pan Road, over 11 acres at 5045 Frying Pan Road, and approximately 6.508 acres at 5129 Frying Pan Road.
Towering red cliffs provide a spectacular backdrop while eagles, osprey and herons frequent the valley overhead. The spring-fed pond and expansive open land further distinguish this remarkable setting.
A truly unique opportunity to control three neighboring parcels in one of the Roaring Fork Valley's most coveted and visually striking locations.
See site plans and associated documents for individual parcel details, water rights and additional property information.
Perhaps one lucky individual will create a legacy compound on all three lots - or three individuals will place their own vision and build a special home on each property...
60 days on market
Listed by Doug Leibinger · Compass Aspen · 970-925-6063
Property Details
| Property Type | Land |
| Status | Active |
| Subdivision | Castle View |
| MLS # | 194291 |
| Days on Market | 60 |
| Lot Size (Sq Ft) | 497,020 |
| Acres | 22.06 |
| HOA | Yes |
| HOA Fee | $100 |
| Annual Taxes | $57,825 |
| Tax Year | 2025 |
| State | CO |
| County | Eagle |
| Zoning | Rural Residential |
| Water Source | Well |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 9/1/2026 |
Price change Source: Aspen Glenwood MLS #194291 |
$5,500,000 -10.5% |
| 8/22/2026 |
Listed for sale Source: Aspen Glenwood MLS #194291 |
$6,144,000 +644.7% |
| 6/18/2026 |
Price change Source: Aspen Glenwood MLS #192663 |
$825,000 -31.3% |
| 4/30/2026 |
Listed for sale Source: Aspen Glenwood MLS #192663 |
$1,200,000 |
Copyright 2026 Aspen Glenwood MLS. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable but is not guaranteed accurate by the MLS.
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