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Recreational & Residential Land for Sale in Basalt, Colorado

5045 Frying Pan Rd, Basalt, CO 81621

$6,144,000
22 acres
Active sale
ago
Est $46,503/mo

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
Zip code
81621
Community
Castle View
Elevation
6,968 feet
Coordinates
39.3829, -106.9554

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

Details and features

Listing

Type
Land

Structure

Water
Well

Listing history

DateEventPriceChangeSource
Aug 22, 2026New listing$6,144,000AGSMLS
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This 22.06-acre property is located at 5045 Frying Pan Rd in Basalt, CO 81621. The land is available for sale, priced at $6,144,000 — $278,513 per acre.

Listed by Compass Aspen, (970) 925-6063

Checked 2 hours agoUpdated Source

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