216 E Homestead Drive, Basalt, CO 81621

$3,100,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,324 Lot Size (sq. ft.): 13,068 Status: Active
Current Price: $3,100,000 List Date: 7/03/2026 Last Modified: 9/03/2026

Overview

Description

Opportunities like this rarely come along in Old Town Basalt. Set on approximately one-third of an acre just one block from downtown, 216 E. Homestead sits on one of the larger residential parcels in the town core, offering a combination of land, walkability, and future potential that is increasingly difficult to find. The existing four-bedroom, two-bath home is surrounded by mature gardens, fruit trees, a year-round heated greenhouse, and a detached radiant-heated studio, creating a property that is both immediately livable and rich with possibility. What truly sets this offering apart is the upside. Conceptual plans have already been prepared for a significant expansion, including enhanced living spaces, a lock-off apartment, and a new detached garage with a one-bedroom residence above. Whether a buyer chooses to enjoy the property as it exists today or unlock its full potential over time, this is a chance to secure a substantial piece of Old Town Basalt in a location where opport ...

Listing Details MLS# 193651

Location Info

Type
Single Family Residence
Major Area
Basalt
Area
05-Basalt Proper
Original List Price
3200000
Asking Price
3100000
Street #
216
Street Direction Pfx
E
Street Name
Homestead
Street Suffix
Drive
City/Town
Basalt
State/Province
CO
Postal Code
81621
Furnished
Partially

Keywords Info

Total Baths
3
Baths - Full
2
Baths - Half
Yes
Acreage
Refer to Lot Size
Garage
Yes
Garage Spaces
Yes
Pre-Fabricated Home
No

Listing Info

Seller/Owner is Licensed
No
REO
No
Member Association
Aspen Association
County
Eagle

General Info

Sub/Loc
Townsite of Basalt
Legal
Subdivision: BASALT Block: 4 Lot: 2B
Zoning
Res
Nbr of Acres
0.3
Lot SqFt
13068
Lv Ht SqFt
2324
Total SqFt
2324
Price/LvH SqFt
1333.91
Main Floor Primary Bedroom
Yes
Year Built
1978
Year Remodeled
2007
Parcel #
246707402014
Directions
On Homestead Drive, to the right of the Church

Financing Info

Metro Tax District
No
Taxes
9240
Tax Year
2026
Transfer Tax
No
HOA Dues Y/N
No
HOA Transfer Fee
No

More Information

Remarks

Public Remarks
Opportunities like this rarely come along in Old Town Basalt. Set on approximately one-third of an acre just one block from downtown, 216 E. Homestead sits on one of the larger residential parcels in the town core, offering a combination of land, walkability, and future potential that is increasingly difficult to find. The existing four-bedroom, two-bath home is surrounded by mature gardens, fruit trees, a year-round heated greenhouse, and a detached radiant-heated studio, creating a property that is both immediately livable and rich with possibility. What truly sets this offering apart is the upside. Conceptual plans have already been prepared for a significant expansion, including enhanced living spaces, a lock-off apartment, and a new detached garage with a one-bedroom residence above. Whether a buyer chooses to enjoy the property as it exists today or unlock its full potential over time, this is a chance to secure a substantial piece of Old Town Basalt in a location where opportunities to create additional value are increasingly rare.

Miscellaneous

Under Construction
No

Fireplace

# Fireplaces
Yes

Property Features

Laundry Facility: In Hall Style: Split Level Construction: Frame Exterior: Wood Siding Condition: Good Heating: Baseboard; Radiant Water: Public Cooling: None Sanitation: Sewer Fireplace: Wood Burning Possession: Negotiable; Subject to Lease Extras: Green House; Landscaping; Outbuildings; Patio/Deck; Storage Shed Terms Offered: Cash; New Loan Location Amenities: Trees; Views Sign: Yes Inclusions: Dishwasher; Dryer; Oven; Refrigerator; Washer
IDX
Listing Office: AG Aspen
Source MLS Verified
Last Updated: September - 03 - 2026
Broker Attribution: (304) 561-8760

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