Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Lakeview Dr Basalt, CO 81621

    For Sale
    $1,650,000

    Prime location, approved plans, 6-unit complex.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 0.14-acre lot in Basalt, Colorado, presents a unique opportunity for developers. Located on Lakeview Drive, this property, designated Lot B-1 within the Tree Farm PUD, boasts approved development rights and ready-to-build plans for a six-unit condominium complex. The plans encompass a diverse mix of units: one one-bedroom/one-bathroom unit, two two-bedroom/two-bathroom units, and three three-bedroom/two-bathroom units, totaling approximately 7,000 square feet of buildable space. The complex will include 13 perimeter parking spaces, offering ample convenience for residents. Units will enjoy stunning views directly overlooking Kodiak Lake. This prime mid-valley location offers enormous potential, catering to the high demand for housing in the area. The property is ideal for developers seeking to build and sell a condominium complex or provide employee housing. Comprehensive documentation, including permits, plans, and disclosures, is available. Two assignable reservations are currently in place. Note that this listing can be combined with three other parcels (B2, B3, C1, A1-4) for a total purchase price of $14,875,000. This presents a significant opportunity for large-scale development in a highly desirable location.

    Property Features for Lakeview Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,098 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Basalt
    County
    Eagle
    State
    Colorado
    Longitude
    -107.034
    Latitude
    39.36562

    Nearby Similar for Sale

    • $775,000
      1,046 SF

      Bright Office Space in Basalt

      Class-A office space in Willits Town Center, Basalt.
      711 E Valley Rd, Basalt, CO 81621
      View Details
    • $2,495,000
      1,876 SF

      New Construction Townhome in Basalt

      Luxury townhome with high-end finishes and outdoor amenities.
      337 Stotts Ml Rd, Basalt, CO 81621
      View Details
    • $16,400,000
      11.76 Acres

      Basalt Mixed-Use Resource Zoned Property

      Mixed-use property with river frontage, existing tenants, and residential home.
      0044 Hooks Ln, Basalt, CO 81621
      View Details
    • $16,400,000
      2,000 SF

      Mixed-Use Property in Basalt, Colorado

      Mixed-use property with river frontage, tenants, home, outbuildings, and land.
      0044 Hooks Ln, Basalt, CO 81621
      View Details
    • $1,755,990
      1,962 SF

      Spacious Duplex in Basalt, Colorado

      Three-bedroom duplex with quality craftsmanship and outdoor living spaces.
      315 Summerset Ln, Basalt, CO 81621
      View Details
    • $499,000
      722 SF

      Basalt Commercial Space with River Views

      Top-floor corner unit with Roaring Fork River views.
      23286 Two Rivers Rd, Basalt, CO 81621
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime location, approved plans, 6-unit complex.
    Where is this commercial real estate located?
    The property is located at Lakeview Dr Basalt, CO.
    What is the asking price?
    The asking price for this property is $1,650,000.
    (970) 925-8400
    Request Owner's contact information
    Lakeview Dr Basalt, CO 81621
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Lakeview Dr
    Basalt, CO 81621
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    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
    Lakeview Dr Basalt, CO 81621
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.