
Recreational & Residential Land for Sale in Basalt, Colorado
5045 Frying Pan Rd, Basalt, CO 81621
CASTLE VIEW ESTATES | THREE PARCEL LEGACY OPPORTUNITY An extraordinary opportunity to acquire all three parcels of Castle View Estates in the iconic Frying Pan River Valley, encompassing approximately 22.06 acres just five miles from Basalt. Set beneath the dramatic Seven Castles and surrounded by some of Colorado's most spectacular scenery, these three parcels offer a rare combination of privacy, breathtaking mountain and valley views, a spring-fed pond, valuable water rights, and proximity to the renowned Gold Medal waters of the Frying Pan River. Offered together, the properties present an exceptional opportunity to create a private legacy compound spanning all three parcels, or to develop three distinctive residences, each with its own setting and vision. The offering includes approximately 4.14 acres at 4959 Frying Pan Road, over 11 acres at 5045 Frying Pan Road, and approximately 6.508 acres at 5129 Frying Pan Road. Towering red cliffs provide a spectacular backdrop while eagles, osprey and herons frequent the valley overhead. The spring-fed pond and expansive open land further distinguish this remarkable setting. A truly unique opportunity to control three neighboring parcels in one of the Roaring Fork Valley's most coveted and visually striking locations. See site plans and associated documents for individual parcel details, water rights and additional property information. Perhaps one lucky individual will create a legacy compound on all three lots - or three individuals will place their own vision and build a special home on each property...
Location
- Street address
- 5045 Frying Pan Rd
- County
- Eagle County
- Zip code
- 81621
- Community
- Castle View
- Elevation
- 6,968 feet
Directions
Head up the Frying Pan. Just past mile marker 5. Look for for sale sign on your left.
Property details
- Acreage
- 22.06 acres
- Zoning
- Rural Residential
- MLS #
- AGSMLS 194291
- Posted
Property taxes
- 2025
- $57,825
Expenses
- Homeowner Association Fee
- $100 annually
Parcels
- 246702403002
Legal description
SUBDIVISION: CASTLE VIEW ESTATES LOT: 1,2 and 3
Details and features
Listing
- Type
- Land
Structure
- Water
- Well
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Aug 22, 2026 | New listing | $6,144,000 | — | AGSMLS |
























