Residential · Active

768 Kings Lake Road

Basalt, CO 81621

2 Beds · 3 Baths · 1,904 Sq Ft

$3,250,000

Single Family

Property Type

5.01 acres

Lot Size

2013

Year Built

$1,707

Price per Sq Ft

193161

MLS #

About This Property

Set on five private acres with almost 190 feet of direct Gold Medal Frying Pan River frontage, 768 Kings Lake Road offers true fish-in/fish-out access in one of Colorado's most coveted river corridors. This is a rare stretch of the Frying Pan, private, usable, and immediately accessible from your own land.Built in 2013 and maintained in excellent condition, the 1,904-square-foot home features 2 bedrooms and 3 baths in a functional split-level layout. Large windows frame the surrounding landscape, and the constant sound of the river defines the experience, quiet, immersive, and distinctly Colorado. The setting feels secluded while remaining just 6 miles from Old Town Basalt, 7 miles from Ruedi Reservoir, and within 30 minutes of Aspen and Snowmass. The seller has invested approximately $250,000 in improvements, including completed fire mitigation that creates meaningful defensible space and enhances long-term resilience. The property also includes conceptual plans by F&M Architects for a thoughtfully designed expansion featuring a guest suite, 2-car garage, and additional flex space, offering a clear path to grow into a more substantial riverfront compound without the delays and uncertainty of starting from scratch. The lifestyle here is immediate and year-round: world-class fly fishing at your doorstep, direct access to hiking, biking, and backcountry terrain in the surrounding White River National Forest, plus boating and fishing at nearby Ruedi Reservoir. The acreage offers an appealing balance of usability and privacy, complemented by existing outdoor living spaces and accessory structures. Opportunities with this combination of acreage, privacy, and direct Frying Pan River frontage are increasingly scarce. Whether as a primary residence, second home, or long-term hold with expansion upside, 768 Kings Lake Road stands out as a compelling and hard-to-replace offering in the Frying Pan Valley.

5.01 Acres | 1,904 SF | 2 Bed / 3 Bath | Built 2013 | ~190' Frying Pan River Frontage | Expansion Plans Included

137 days on market

Listed by Chris J. Klug · Aspen Snowmass Sotheby's International Realty - Hyman Mall · (970) 925-6060

Last updated: 9/27/2026 12:32 AM · Source: Aspen Glenwood MLS, MLS#: 193161

Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Active
Price per Sq Ft $1,707
Subdivision None
MLS # 193161
Days on Market 137
Bedrooms 2
Full Baths 3

More Details

Year Built 2013
Lot Size (Sq Ft) 218,236
Acres 5.01
Annual Taxes $13,441
Tax Year 2025
State CO
County Eagle
Zoning SF Residential

Interior

Heating Radiant, Hot Water
Cooling None

Exterior & Parking

Garage No
Roof Metal

Building & Lot

Architectural Style Split Level, Cabin
Construction Wood Siding, Frame
Sewer Septic Tank
Water Source Other, Well

Location

Price History

DateEventPrice
6/5/2026 Listed for sale
Source: Aspen Glenwood MLS #193161
$3,250,000 +32,400.0% $1,707/sqft
10/27/2025 Listing removed
Source: Aspen Glenwood MLS #189598
—
8/17/2025 Listing removed
Source: Aspen Glenwood MLS #188431
—
8/1/2025 Listed for sale
Source: Aspen Glenwood MLS #189598
$10,000 -99.7% $5/sqft
7/17/2025 Price change
Source: Aspen Glenwood MLS #188431
$3,345,000 -7.0% $1,757/sqft
5/6/2025 Listed for sale
Source: Aspen Glenwood MLS #188431
$3,595,000 +30.7% $1,888/sqft
7/17/2024 Sold
Source: Aspen Glenwood MLS #184210
$2,750,000 $1,444/sqft
6/16/2024 Listed for sale
Source: Aspen Glenwood MLS #184210
$2,750,000 $1,444/sqft

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.

Listing information last updated September 27, 2026 at 12:32 AM.

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