A rare opportunity to own a Frying Pan River property with irreplaceable long-term value and private Gold Medal fishing, featuring a well-positioned mountain contemporary 4-bedroom, 3-bath home in a beautiful, elevated setting above the river. Lovingly maintained and thoughtfully updated, the home enjoys views of the Frying Pan and dramatic Red Cliff formations, with the soothing sound of the river adding to the experience. A private path on the property leads you to an approximately half-mile stretch of the famed Frying Pan River, one of Colorado's renowned Gold Medal fisheries and a destination for anglers from around the world. Enjoy the opportunity to fish and access the river on your own property, while taking in the beauty and tranquility of this exceptional setting. Three open, inviting patio spaces extend the living areas outdoors, each capturing majestic mountain views while offering places to gather, relax and enjoy. The combination of river access, privacy, generous acreage, wildlife viewing and abundant outdoor living is truly special. Just minutes from Old Town Basalt, with its shops and restaurants, the Sunday Basalt Market and Wednesday evening concerts, this property enjoys a great central location in the Roaring Fork Valley while offering the serenity of a private river setting and the vibrant lifestyles of Basalt. Properties of this nature seldom reach the market. Ask listing brokers about other Frying Pan Valley comparable sales.
Single-familyProperty Type
1979Year Built
3.24 acresLot Size
$1,619Price/Sq.Ft.
$750/moHOA Dues
2 car garageParking
Listed by Ted Borchelt• Aspen Snowmass Sotheby's International Realty-Basalt
Listed by Stephanie Williams• Aspen Snowmass Sotheby's International Realty-Basalt
Private Gold Medal fishing and breath taking views of the red cliffs and the Frying Pan River enhance this very well done contemporary home. Originally an architect's home, the house was recently renovated and extensively upgraded. The property provides access to a continuous half mile of fishing on the Frying Pan. A hot tub with a private picturesque setting is a welcome amenity after a day of fishing and lawns overlooking the river present a wonderful spot to meditate or just hang out. The floor plan is open and inviting with a kitchen for gathering and gourmet cooking. Four bedrooms plus den and office give you all you need to never leave. However you are just minutes from Downtown Basalt for dining and shopping when you want to venture out . A little paradise to call your own.
Public Records
May 18, 1988
Sold
$155,000
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$13,629 (+5.1%)
$59,200 + $109,540
$168,740
2024
$12,973 (+3.2%)
$59,200 + $109,540
$168,740
2023
$12,576 (+78.3%)
$62,100 + $106,850
$168,950
2022
$7,055 (−2.7%)
$19,810 + $67,970
$87,780
2021
$7,250 (+23.6%)
$19,810 + $67,970
$87,780
2020
$5,867 (−0.9%)
$20,380 + $69,920
$90,300
2019
$5,923 (−11.5%)
$6,790 + $69,920
$76,710
2018
$6,692 (+5.6%)
$6,790 + $69,920
$76,710
2017
$6,337 (+1.0%)
$20,520 + $65,340
$85,860
2016
$6,273 (−0.4%)
$20,520 + $65,340
$85,860
2015
$6,301 (+29.4%)
$22,690 + $60,820
$83,510
2014
$4,868 (−0.5%)
$22,690 + $60,820
$83,510
2013
$4,892 (+1.2%)
$19,820 + $48,400
$68,220
2012
$4,836 (+3.1%)
$19,820 + $48,400
$68,220
2011
$4,689 (−34.5%)
$21,970 + $50,140
$72,110
2010
$7,164 (+0.6%)
$21,970 + $50,140
$72,110
2009
$7,124
$38,210 + $90,590
$128,800
Public record
Public record
Zoning
Beds
4
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
3.24 Acres
Year renovated
1995
Finished Sq. Ft.
3,242
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,242
Year built
1979
Style
Single Family Residential
County
Eagle County
APN
R014028
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 17, 2026.
RR
Rural Residential District
The purpose of the Rural Residential RR zone district is to serve as a transition area between the denser development found in towns, community centers and rural centers and the lower densities found in the County's agricultural and resource areas. This is accomplished by permitting development of single-family dwelling units on lots of 2 acres or more.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Single unit
Infrastructure-Other
Library
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
1% chance of being in a wildfire in next 30 years
2/10 Heat Factor
11 days above 81° expected this year, 30 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Basalt, CO • 81621
Average low and high temperatures (°F)
35
14
46
24
57
31
59
33
68
39
82
49
86
55
82
52
73
44
65
37
49
26
42
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
75/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
1.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 339 Big Hat Rd
$5,251,651
$1,651 over list price of $5.25M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.8M to $7.0M.