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$2,435,000

Beds
3
Baths
3.25
sq ft
3,100

4269 Frying Pan Rd, Basalt, CO 81621

4269 Frying Pan Rd

Basalt, CO 81621

  • 33 days on market
Nature's Retreat with Versatility and Income Potential Set on 2 acres of serene land just four miles from downtown Basalt, this remarkable 3-bedroom, 4-bathroom home is perfect for those seeking a blend of nature, comfort, and versatility. Surrounded by mature pine and juniper trees, this property boasts stunning views of the Six Mile Peaks and direct access to BLM land for endless outdoor adventures. The main level features an open-concept kitchen, dining, and living area, with wood floors, large windows providing abundant natural light, and a cozy fireplace. The spacious kitchen island and dining area lead seamlessly to an expansive terrace with a hot tub and deck, perfect for entertaining or enjoying peaceful mornings. Beyond the terrace lies a beautifully landscaped garden and paddocked area ideal for horses or other animals. Upstairs, the master suite offers breathtaking views, a combined living and bedroom area, and a generously sized en suite bathroom with a walk-in closet, shower, and bathtub. The ceilings feature skylights, creating a bright, airy atmosphere with plenty of charm. The lower level includes two additional bedrooms, each with their own bathroom, and a separate entrance leading to a fully equipped living, dining, and kitchen area. This level has served as a successful rental unit, generating $3,000 per month in income, and offers flexible use for guests, tenants, or a multi-generational living arrangement. Additional features include a cute greenhouse, an RV parking spot, a detached 3-car garage currently being used as a gym, and a covered deck adjacent to a water feature for added outdoor enjoyment. The property also includes extra storage and a barn for more flexible uses. A household and irrigation well ensure sustainable water use for both home and garden. Whether you're seeking a full-time residence, investment property, or a rural retreat, this home offers a unique lifestyle, just minutes from Basalt's vibrant town center. With tenants in place and flexible rental options, this property provides immediate income potential while offering plenty of opportunities for personal enjoyment and customization.

Details

Property type

Single Family Residence

Lot size

2.0 acres

Price per sq ft

$786

Year built

1994

Annual property taxes

$7,433

Price History

10/23/2024
Aspen

Aspen #185895

Listed
$2,435,000
+67.93%
12/21/2021
Aspen

Aspen #171362

Sold
$1,450,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/25/2024 at 11:55 AM

Listing updated: 10/23/2024 at 6:20 PM

Listed by: Tobias Rimkus, Rimkus Real Estate ERA Powered

MLS: Aspen #185895

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