Basalt Land with Water
For Sale
$2,950,000
5045 Frying Pan Road, Basalt, CO 81621
LAND - Basalt, CO
Property SizeContact for details
Lot Size11.41 Acres
Days on Market375
Property Features for 5045 Frying Pan Road
General Information
Property type
Land
Property subtype
Other
Zoning
Rural Residential
Subdivision
Castle View
Directions
Head up the Frying Pan. Just past mile marker 5. Look for for sale sign on your left.
Standard status
Active
APN
246702403002
Lot size
11.41 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Subdivision: CASTLE VIEW ESTATES Lot: 2
Tax Annual Amount
7381
HOA Fee
$100 Annually
Legal Description
Subdivision: CASTLE VIEW ESTATES Lot: 2
Utilities
Water source
Well
Listing Agency:
Compass Aspen
(970) 925-6063
Listed By:
Doug Leibinger · License #FA40009481
(970) 379-9045
Added: Jul 29, 2025
Changed: Jul 21
Last Checked: Aug 7 at 12:06PM
MLS# 189491
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 11.41-acre land is located in the Frying Pan River valley, an area known for gold medal fishing, scenic views, and cliffs. The property, identified as Lot 2 in Castle View Estates, includes a spring-fed pond and water rights. The site offers views in every direction, with the Seven Castles Redstone formation visible. Eagles, Osprey, and Heron are frequently seen flying overhead. The zoning is Rural Residential. The property is located in Basalt, Eagle County, Colorado.
Key Highlights
- Over 11 acres of land in the highly desirable Frying Pan River valley.
- Breathtaking views in every direction, including the iconic Seven Castles Redstone towers.
- Includes a spring‑fed pond.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5
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?
Land - 11+ acre Basalt land with spring-fed pond and water rights.
Where is this land located?
The property is located at 5045 Frying Pan Road Basalt, CO.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Over 11 acres of land in the highly desirable Frying Pan River valley.; Breathtaking views in every direction, including the iconic Seven Castles Redstone towers.; Includes a spring‑fed pond.
