397 Oak Road, Basalt, CO 81621

$3,500,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 2,496 Lot Size (sq. ft.): 8,712 Status: Closed
Current Price: $3,500,000 List Date: 3/25/2026 Last Modified: 8/31/2026

Overview

Description

Premier Frying Pan Riverfront log home just minutes from the charm and culture of Old Town Basalt. This beautifully updated 3-bedroom, 2.5-bath residence is ideally situated at the end of a private cul-de-sac within the exclusive Peachblow subdivision, consisting of 43+ acres shared by only 13 homes. Enjoy direct river frontage and access to approximately one mile of semi-private, Gold Medal fishing waters. Thoughtfully upgraded with quality finishes, the home blends classic log construction with modern comfort, creating a warm and refined mountain retreat. Expansive patio spaces invite effortless indoor-outdoor living, ideal for al fresco dining, entertaining, or simply taking in the sights and sounds of the Frying Pan River. A dedicated outdoor fire pit provides the perfect gathering place for family and friends--offering a year-round setting for memorable evenings under the Colorado sky. Whether envisioned as a serene weekend escape or a full-time residence, this is a rare ...

Listing Details MLS# 192129

Location Info

Type
Single Family Residence
Major Area
Basalt
Area
05-Frying Pan/Ruedi
Original List Price
3950000
Asking Price
3950000
Street #
397
Street Name
Oak
Street Suffix
Road
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
No
Pre-Fabricated Home
No

Listing Info

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

General Info

Sub/Loc
Peachblow
Legal
SUBDIVISION: PEACHBLOW PUD LOT: 5
Zoning
Residential
Nbr of Acres
0.2
Lot SqFt
8712
Lv Ht SqFt
2496
LvHtSqFt (Abv Grnd)
2496
Total SqFt
2496
Price/LvH SqFt
1582.53
Main Floor Primary Bedroom
No
Short Termable
No
Year Built
1990
Year Remodeled
2011
Unit Faces
East
Parcel #
246909102003
Directions
From Old Town Basalt, go approximately 8.4 miles up Frying Pan Road to Peachblow PUD (across from Cap K Ranch). Turn right on Oak Road, cross the bridge, bear left and proceed to the end of the road.

Financing Info

Metro Tax District
No
Taxes
14452.06
Tax Year
2025
Transfer Tax
No
HOA Dues Y/N
Yes
Association Fee
650
Association Fee Frequency
Annually
Total HOA Fee Per Year
650
HOA Transfer Fee
No

Status Change Info

Under Contract Date
2026-08-07
Proposed Close Date
2026-08-28
Sold Date
2026-08-28
Sold Price Per/SF
1402.24
How Sold
Cash

More Information

Remarks

Public Remarks
Premier Frying Pan Riverfront log home just minutes from the charm and culture of Old Town Basalt. This beautifully updated 3-bedroom, 2.5-bath residence is ideally situated at the end of a private cul-de-sac within the exclusive Peachblow subdivision, consisting of 43+ acres shared by only 13 homes. Enjoy direct river frontage and access to approximately one mile of semi-private, Gold Medal fishing waters. Thoughtfully upgraded with quality finishes, the home blends classic log construction with modern comfort, creating a warm and refined mountain retreat. Expansive patio spaces invite effortless indoor-outdoor living, ideal for al fresco dining, entertaining, or simply taking in the sights and sounds of the Frying Pan River. A dedicated outdoor fire pit provides the perfect gathering place for family and friends--offering a year-round setting for memorable evenings under the Colorado sky. Whether envisioned as a serene weekend escape or a full-time residence, this is a rare opportunity to own a legacy property in one of the Roaring Fork Valley's most treasured riverfront settings.

Fireplace

# Fireplaces
Yes

Property Features

Laundry Facility: Laundry Room Style: Cabin Construction: Log Exterior: Log Siding Roof: Metal Condition: Excellent Heating: Forced Air Electric: Electricity Connected Gas: Propane Water: Community Cooling: None Sanitation: Septic Fireplace: Gas Carport: None Parking Area: None Possession: DOD Extras: Cable TV; Landscaping; Patio/Deck; Storage Shed Terms Offered: Cash; New Loan Mineral Rights: No Water Rights: No Documents on File: CC & R's; Survey/ILC HOA Fees Includes: Management; Water Location Amenities: Borders Public Land; Cul-De-Sac; Gentle Topo; River Frontage; Trees; Views Sign: Yes Inclusions: Ceiling Fan; Dishwasher; Dryer; Microwave; Refrigerator; Stove Top
IDX
Listing Office: Aspen Snowmass Sotheby's International Realty-Basalt
Source MLS Verified
Last Updated: August - 31 - 2026
Broker Attribution: (970) 927-8080

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