Planned Development Apartment/Condo
For Sale
$6,100,000
201 Tree Farm Drive, Basalt, CO 81621
COMMERCIAL - Basalt, CO
Property Size42,737 SF
Lot Size0.61 Acres
Price / SF$142.73
Days on Market1072
Property Features for 201 Tree Farm Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
PUD
Subdivision
El Jebel
Directions
The Creekside is located in the Tree Farm Development. From Hwy 82, turn north on Willits Drive and then west on Tree Farm Drive. Parcel B-2 and 3 is the most down valley parcel.
Standard status
Active
APN
246502216001
Lot size
0.61 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Tree Farm PUD Lots: 2 and 3
Tax Annual Amount
38561
Legal Description
Tree Farm PUD Lots: 2 and 3
Utilities
Water source
Public
Building Details
Number of units
35
Listing Agency:
ENGEL & VOLKERS
(970) 925-8400
Listed By:
Harrison Sachs · License #FA.01186135
(970) 948-5042
Added: Sep 1, 2023
Changed: Aug 4
Last Checked: Aug 7 at 12:06PM
MLS# 180888
Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Creekside Parcel is an approved development site within the Tree Farm PUD. The offering is described as “Lot B 2 & 3” with ready-to-build permit and plans for a 35-unit free-market apartment or condominium complex.
The development plan totals 42,737 square feet of buildable area and includes unit mix of 4 studio/one-bath units, 14 one-bedroom/two-bath units, 15 two-bedroom/2-bath units, and 2 three-bedroom/2-bath units. The plan also calls for a garage with 28 parking spaces and 30 storage units, plus 57 perimeter parking spaces.
The property is listed for sale and may be combined with additional parcels mentioned in the remarks to sell multiple lots together. See documents for the full package and disclosures.
The development plan totals 42,737 square feet of buildable area and includes unit mix of 4 studio/one-bath units, 14 one-bedroom/two-bath units, 15 two-bedroom/2-bath units, and 2 three-bedroom/2-bath units. The plan also calls for a garage with 28 parking spaces and 30 storage units, plus 57 perimeter parking spaces.
The property is listed for sale and may be combined with additional parcels mentioned in the remarks to sell multiple lots together. See documents for the full package and disclosures.
Key Highlights
- Approved development rights in Tree Farm PUD for a 35‑unit apartment or condominium complex.
- Ready‑to‑build permit and plans included.
- Buildable area of 42,737 sq ft with a mix of unit types (studio to 3‑bedroom).
Property Analytics
Property Profile
Current Use
Lease Details
35
Residential units
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Approved Tree Farm PUD development site for a 35-unit apartment or condominium complex.
Where is this residential land & home lot located?
The property is located at 201 Tree Farm Drive Basalt, CO.
What is the asking price?
The asking price for this property is $6,100,000.
What are key features of this property?
This property features: Approved development rights in Tree Farm PUD for a 35‑unit apartment or condominium complex.; Ready‑to‑build permit and plans included.; Buildable area of 42,737 sq ft with a mix of unit types (studio to 3‑bedroom).
