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Land with Home for Sale in Basalt, Colorado

5548 Frying Pan Rd, Basalt, CO 81654

$24,000,000
73.9 acres
Active
Est $120,537/mo

AUCTION, by DeCaro Auctions on Saturday January 17th 11am local time. Property will be sold to the highest bidder. OPEN HOUSE schedule: Contact to Schedule a Showing. Property Available for Showings. Private showings are available during the week by appointment only. Broker Participation Invited. Mountain Living Along the Frying Pan River. Tucked along the banks of the gold-medal Frying Pan River, just five miles from Basalt, Porcupine Ranch is an extraordinary 73.87-acre legacy estate designed for those who seek absolute privacy, world-class fly fishing, and a true connection to nature. Spanning three meticulously curated parcels that are separately deeded to be developed or owned as one legacy estate, this rare offering presents unmatched riverfront access, exceptional equestrian amenities, and a luxurious mountain residence, creating an irreplaceable sanctuary in the Roaring Fork Valley. A Legacy Estate with Limitless Potential - Lovingly shaped over 25 years, Porcupine Ranch is a testament to vision, craftsmanship, and stewardship of the land. This private retreat features 1,700 feet of river frontage, three wells, rolling pastures, and pristine woodlands that back directly to protected National Forest lands, an unparalleled haven for fly fishing, horseback riding, and outdoor adventure. Exquisite Living Spaces- At the heart of the estate, the 5,739-square-foot main residence blends rustic elegance with refined mountain luxury. Designed for seamless indoor-outdoor living, this home boasts five spacious bedrooms, expansive living and entertaining areas, and breathtaking views of the Seven Castles cliffs. Whether gathering fireside in the grand great room, hosting elegant dinners, or enjoying the serene sounds of the river, the home provides an unmatched sense of tranquility and grandeur. Additional Property Highlights- - 592 finished SF Fishing Cabin - A charming riverside retreat, ideal for guest accommodations or private escapes. - Two Barns with Premium Equestrian Facilities - Accommodating up to seven horses with multiple stalls, tack rooms, paddocks, and irrigated pastures. - Three Distinct Parcels - Offering a unique opportunity for multi-generational living, expansion, or development. Income & Investment Potential- Beyond its breathtaking beauty, Porcupine Ranch presents exceptional income potential. The estate has already garnered interest as a high-end wedding and event venue, with revenue projections reaching $45,000 per week. Additionally, the main residence commands a luxury rental rate of $40,000 per month, offering significant investment upside. A Once-in-a-Lifetime Offering- Opportunities like this are exceedingly rare-a legacy ranch combining luxury, privacy, and investment potential in one of Colorado's most sought-after locations. Whether as a private retreat, equestrian estate, or luxury event venue, Porcupine Ranch is a masterpiece of mountain living. Legal Descriptions for all three (3) parcels being sold as one: Parcel 1A: Subdivision: South Taylor Creek Subdivision Parcel 1-A Filing 2 Recorded: BK-0385 PG-0782, BK-0405 PG-0346, SD 01-21-85, BK-0409 PG-0429, SWD 03-20-85, BK-0541 PG-0314, SWD 10-31-90, BK-0571 PG-0877, WD 01-24-92, R748214 EAS 01-16-01 Parcel 1B: Subdivision: South Taylor Creek Subdivision Parcel 1-B Filing 2 Parcel 2: Subdivision: South Taylor Creek Subdivision Parcel 2 Recorded: BK-0334 PG-0814 QCD 12-14-81, BK-0405 PG-0346 SD 01-21-85, BK-0409 PG-0430 SWD 03-20-85, BK-0743 PG-0408 QCD 11-07-97, R748214 EAS 01-16-01

5,739
Sq feet
5
Beds
5
Full baths
2
1/2 baths
2002
Built

Location

Street address
5548 Frying Pan Rd
Community
Frying Pan River
Elevation
6,972 feet
Coordinates
39.3794, -106.9497

Directions

Approximately 6 miles up Frying Pan Road. Look for the mailboxes on your right and turn right down driveway. Address marker will be on the left side fence of the drive. Cross the Bridge and continuing past the Barn on the right and then past the Fishing Cabin on the right to the end of the drive under the ''Porcupine Ranch Sign''.

Property details

Acreage
73.87 acres
Zoning
Resource
MLS #
AGSMLS 188669
Posted

Property taxes

2024
$35,316

Parcels

  • 246701305001

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
Coldwell Banker Real Estate

Lot

Waterfront
River Front
Features
Landscaped

Exterior

Parking Spaces
2
Fencing
Fenced
Structures
Outbuilding

Structure

Style
Ranch
Basement
Crawl Space
Water
Well
Heating
Electric, Natural Gas, Radiant
Cooling
Central Air
Materials
Frame, Log, Log Siding, Stone, Wood Siding
Roof
Shake

Interior

Rooms
Bathroom x 7, Bedroom x 5
Security
Security System

Property utilities

CategoryTypeStatusDescription
GasNatural GasConnected
GasPropaneConnected

Listing history

DateEventPriceChangeSource
June 12, 2025New listing$24,000,000AGSMLS
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This 73.87-acre property is located at 5548 Frying Pan Rd in Basalt, CO 81654. The property is available for sale for $24,000,000. It has a 5,739 sq ft 5 bedroom, 5 bath house built in 2002.

Checked 1 hour ago — Updated

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