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Land in Frying Pan Valley
For Sale
$1,242,000

4959 Frying Pan Road, Basalt, CO 81621

LAND - Basalt, CO

Property SizeContact for details
Lot Size4.14 Acres
Days on Market407

Property Features for 4959 Frying Pan Road

General Information

Property type Land
Property subtype Other
Zoning RR-Rural Residential
Subdivision Castle View
Directions Begin at Midland Avenue in downtown Basalt to Frying Pan Road and go 4.8 miles toward Ruedi Reservoir and 1st entrance to the property is on the left just beyond Knight Road. The 2nd entrance is the next left just beyond the pond.
Standard status Active
APN 246702401001
Lot size 4.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Subdivision: CASTLE VIEW ESTATES Lot: 1
Tax Annual Amount 32884
HOA Fee $100 Annually
Legal Description Subdivision: CASTLE VIEW ESTATES Lot: 1

Utilities

Water source Well
Listing Agency: Compass Aspen
Listed By: Doug Leibinger · License #FA40009481
Added: Jul 16, 2025 Changed: Jun 9 Last Checked: Aug 26 at 12:06AM
MLS# 189489

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.

This 4.14-acre lot is located in the iconic Frying Pan River valley, known for gold medal fishing, stunning vistas, and towering cliffs. Part of the Castle View Estates, the property features a spring-fed pond and views of the Seven Castles Redstone towers. Eagles, Osprey, and Herron fly overhead. The site plan is available under documents. The property is zoned RR-Rural Residential.

Key Highlights

  • Gold medal fishing in the Frying Pan River.
  • Stunning views of the Seven Castles Redstone towers.
  • 4.14 acre lot.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Plumbing Service Big Box & Wholesale Store Kitchen & Bath Showroom Travel Agency Real Estate Agency

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

13
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 4.14 acre lot in the iconic Frying Pan River valley.
Where is this land located?
The property is located at 4959 Frying Pan Road Basalt, CO.
What is the asking price?
The asking price for this property is $1,242,000.
What are key features of this property?
This property features: Gold medal fishing in the Frying Pan River.; Stunning views of the Seven Castles Redstone towers.; 4.14 acre lot.
More about this property
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