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Approved Mixed-Use Development Site
For Sale
$7,000,000

201 Tree Farm Drive The Lakeview, Basalt, CO 81621

Basalt, CO

Property SizeContact for details
Days on Market127

Property Features for 201 Tree Farm Drive The Lakeview

General Information

Property type Commercial Sale
Property subtype Other
Subdivision El Jebel
Standard status Active
Listing Agency: Engel & Volkers Aspen · Engel & Völkers
Listed By: Harrison Sachs · License #FA.01186135
Added: Jun 12 Changed: Oct 10 Last Checked: Oct 16 at 5:06PM
MLS# 180893

Copyright © 2026 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.

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Investment Insights

Based on property information with market context.

Lots A1–A4 in the Tree Farm PUD carry approved development rights, with permit and plans prepared for a mixed-use project. The proposed building places restaurant and retail space on the ground floor, with 14 condominium units on the second and third floors. Commercial space totals 13,277 square feet across 5–7 retail spaces.

The restaurant and retail areas include large decks that open toward Kodiak Lake. The residential units are described with lakefront and mountain views. Parking plans include a 46-space garage, storage units, and 66 perimeter spaces.

Key Highlights

  • Approved development rights for Lots A1–A4 in the Tree Farm PUD
  • 13,277 square feet of retail space across 5–7 spaces
  • Plans include 14 condominium units on the second and third floors

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store Dental Office Storage Facility Auto Repair Shop Building Supply Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

481
Businesses Nearby

Demographics for 81621, CO

6,034
Population
3,145
Households
1.9
Avg Household Size
41
Median Age
59%
College-Educated
96%
High-School Grad
258.7 sq mi
ZIP Area
23
Density / Sq Mi
$103,721
Median Household Income
$58,008
Median Earnings
$2,220
Median Rent
$1,138,500
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - Plans provide for commercial space beneath 14 residential units, with parking and storage in a garage.
Where is this commercial land located?
The property is located at 201 Tree Farm Drive 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 for Lots A1–A4 in the Tree Farm PUD; 13,277 square feet of retail space across 5–7 spaces; Plans include 14 condominium units on the second and third floors
More about this property
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