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

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 backdro ...

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
IDX
Listing Office: Compass Aspen
Source MLS Verified
Last Updated: August - 22 - 2026
Broker Attribution: 970-925-6063

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