5045 Frying Pan Road, Basalt, CO 81621
New Listing
$6,144,000
Property Type:
RES Vacant Land
Lot Size (sq. ft.):
497,020
Status:
Active
Current Price:
$6,144,000
List Date:
8/22/2026
Last Modified:
8/22/2026
Overview
Description
...
(Read more)
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...
Listing Details MLS# 194291
Location Info
- Type
- Multi-Family Lot
- Sub-Type
- N/A
- Major Area
- Basalt
- Area
- 05-Frying Pan/Ruedi
- Original List Price
- 6144000
- Asking Price
- 6144000
- Street #
- 5045
- Street Name
- Frying Pan
- Street Suffix
- Road
- City/Town
- Basalt
- State/Province
- CO
- Postal Code
- 81621
Keywords Info
- Acreage
- 20.1 - 34
Listing Info
- Seller/Owner is Licensed
- No
- Short Sale
- No
- REO
- No
- Foreclosure
- No
- Auction
- No
- Member Association
- Aspen Association
General Info
- List Price Per/Acre
- 278513
- Sub/Loc
- Castle View
- Legal
- SUBDIVISION: CASTLE VIEW ESTATES LOT: 1,2 and 3
- Lot SqFt
- 497020
- Nbr of Acres
- 22.06
- County
- Eagle
- Zoning
- Rural Residential
- FAR
- Yes
- Orig List Price Per/SF
- 12.36
- Parcel #
- 246702403002
- Directions
- Head up the Frying Pan. Just past mile marker 5. Look for for sale sign on your left.
- Asking Price Per/SF
- 12.36
- Sold Price Per/Acre
- 0
- Sold Price Per/SF
- 0
Financing Info
- Metro Tax District
- No
- Taxes
- 57825
- Tax Year
- 2025
- Transfer Tax
- No
- HOA Dues Y/N
- Yes
- Association Fee
- 100
- Association Fee Frequency
- Annually
- Total HOA Fee Per Year
- 100
More Information
Remarks
- Public Remarks
- 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...
Possible Use
- Multi-Family
- Yes
- Ranch
- Yes
- Single Family
- Yes
Lot Description
- Borders Public Land
- Yes
- Flat
- Yes
- Horse Property
- Yes
- Pond, Lake, Stream
- Yes
- Rolling
- Yes
- View
- Yes
Water
- Well
- Yes
Extras
- Barn
- Yes
- Pond System
- Yes
Property Features
Possible Use:
Multi-Family; Ranch; Single Family
Lot Description:
Borders Public Land; Flat; Horse Property; Pond, Lake, Stream; Rolling; View
Water:
Well
Extras:
Barn; Pond System
Listing Office:
Compass Aspen

Last Updated: August - 22 - 2026
Broker Attribution:
970-925-6063
Copyright 2020 by Aspen/Glenwood Springs MLS, Inc.
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