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    201 Tree Farm Dr, Unit The Lakeview Basalt, CO 81621

    For Sale
    $7,000,000

    Commercial Sale, Other - Basalt, CO

    Type:Unimproved Land
    Lot size:
    0.59 Acres
    Days on Market:
    131
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 201 Tree Farm Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    PUD
    APN
    246502217006
    EntryLevel
    The Lakeview
    Lot size
    0.59 Acres

    Building Details

    Architectural style
    Other

    Engel & Völkers Aspen [email protected]

    Listing agent Harrison Sachs (970) 925-8400

    Listing date Jul 28, 2025

    MLS# 180893 Listing URL

    Copyright © 2025 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Opportunity in Basalt, Colorado

    This property, known as the Lakeside Parcel, features approved development rights within the Tree Farm PUD, specifically Lots A1 through A4. Permits and plans are in place to construct a mixed-use development. The design includes ground-floor space suitable for restaurants and retail businesses, along with 14 luxury condominiums on the second and third floors. A garage provides 46 parking spaces and storage units, complemented by an additional 66 perimeter parking spaces. The retail component totals 13,277 square feet, divided into 5 to 7 spaces. Restaurant and retail spaces feature large decks that open onto Kodiak Lake. This property offers the opportunity to construct a signature building in the mid-valley area and retain the commercial space for income generation. There is also the ability to sell 14 residential units with lakefront and mountain views. The property has a lot size of 0.59 acres. This listing can be combined with three other parcels (B1, B2, B3, C1, A1-4) for a combined price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Basalt
    County
    Eagle
    State
    Colorado
    Longitude
    -107.084916
    Latitude
    39.391457

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    FAQs

    What type of property is this?
    Commercial land - Mixed-use development opportunity with approved rights in Tree Farm PUD.
    Where is this commercial land located?
    The property is located at 201 Tree Farm Dr, Unit The Lakeview Basalt, CO.
    What is the asking price?
    The asking price for this property is $7,000,000.
    What are key features of this property?
    This property features: - Approved development rights and ready-to-build permit/plans for a mixed-use development.; - Lakefront property with potential for a signature development and income generation from commercial spaces.; - Includes ground floor restaurant/retail space (13,277 sq ft) with decks overlooking Kodiak Lake.
    (970) 925-8400
    Request Owner's contact information
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    Basalt, CO 81621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 Tree Farm Dr, Unit The Lakeview Basalt, CO 81621
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