Residential · Active

216 E Homestead Drive

Basalt, CO 81621

4 Beds · 3 Baths · 2,324 Sq Ft

$3,100,000

Single Family

Property Type

0.3 acres

Lot Size

1978

Year Built

$1,334

Price per Sq Ft

1

Parking Spaces

193651

MLS #

About This Property

Opportunities like this rarely come along in Old Town Basalt. Set on approximately one-third of an acre just one block from downtown, 216 E. Homestead sits on one of the larger residential parcels in the town core, offering a combination of land, walkability, and future potential that is increasingly difficult to find. The existing four-bedroom, two-bath home is surrounded by mature gardens, fruit trees, a year-round heated greenhouse, and a detached radiant-heated studio, creating a property that is both immediately livable and rich with possibility.

What truly sets this offering apart is the upside. Conceptual plans have already been prepared for a significant expansion, including enhanced living spaces, a lock-off apartment, and a new detached garage with a one-bedroom residence above. Whether a buyer chooses to enjoy the property as it exists today or unlock its full potential over time, this is a chance to secure a substantial piece of Old Town Basalt in a location where opportunities to create additional value are increasingly rare.

110 days on market

Listed by Alexandra George · AG Aspen · (304) 561-8760

Last updated: 10/15/2026 9:05 PM · Source: Aspen Glenwood MLS, MLS#: 193651

Property Details

Key Details

Property Type Residential
Sub Type Single Family Residence
Status Active
Price per Sq Ft $1,334
Subdivision Townsite of Basalt
MLS # 193651
Days on Market 110
Bedrooms 4
Full Baths 2
Half Baths 1

More Details

Year Built 1978
Lot Size (Sq Ft) 13,068
Acres 0.3
Annual Taxes $9,240
Tax Year 2026
State CO
County Eagle
Zoning Res

Interior

Heating Radiant, Baseboard
Cooling None
Fireplaces 1
Fireplace Features Wood Burning

Exterior & Parking

Garage Yes
Garage Spaces 1

Building & Lot

Lot Features Landscaped
Architectural Style Split Level
Construction Wood Siding, Frame
Water Source Public
New Construction No

Terms & Other

Listing Terms Cash, New Loan

Location

Price History

DateEventPrice
9/3/2026 Price change
Source: Aspen Glenwood MLS #193651
$3,100,000 +36,370.6% $1,334/sqft
8/12/2026 Price change
Source: Aspen Glenwood MLS #190967
$8,500 -99.7% $4/sqft
7/3/2026 Listed for sale
Source: Aspen Glenwood MLS #193651
$3,200,000 +35,855.1% $1,377/sqft
12/3/2025 Listed for sale
Source: Aspen Glenwood MLS #190967
$8,900 $4/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 October 15, 2026 at 9:05 PM.

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