The Frying Pan River valley is iconic. Gold medal fishing, stunning vistas, towering cliffs make it one of the most sought after valleys in the country. The Castle View Estates is a unique offering with spring fed pond, the stunning Seven Castles Redstone towers above, Eagles, Osprey and Herron flying majestically overhead. Lot 1 includes 4.14acres. See the site plan under documents. Three parcels of land await. Perhaps one lucky individual will create a legacy compound on three lots - or three individuals will place their own vision and build a special home on each property...
Directions: From Midland Avenue in downtown Basalt take Frying Pan Road 4.8 miles toward Ruedi Reservoir; first entrance on the left just beyond Knight Road, second entrance the next left just beyond the pond
Located in the Castle View subdivision
Home design
Single family lot
HOA & community
Community association with an annual fee of $100
Financial info
No additional financial details to display
Other
Listing status: Active
Electricity and solar
View estimated energy costs and solar savings for this home
GREAT OPPORTUNITY to build a legacy home compound on this 21 acre property in the beautiful Frying Pan River Valley just 4.8 miles from downtown Basalt. Enjoy this 21 acre site with great views and beautiful two acre pond with lots of trees. Plenty of water rights (see summary under documents) for housing and irrigation. The property is currently improved with 3 cabins and 5 mobile home pads that that are currently rented month-to-month and produce gross rental income of $75,600 annually with net income after expenses of about $45,000. Enjoy snowmobiling, hiking, mountain biking right outside your door with boating and sailing at Ruedi Reservoir just a few miles up the road.
Year
Property tax
Land + Additions
Assessment*
2024
$32,884 (+345.5%)
$422,820 + $5,430
$428,250
2023
$7,381 (−10.2%)
$97,900 + $1,260
$99,160
2022
$8,220 (−14.3%)
$87,640 + $14,630
$102,270
2021
$9,590 (−53.8%)
$87,640 + $14,630
$102,270
2020
$20,779 (−0.9%)
$92,150 + $27,290
$119,440
2019
$20,976 (−5.6%)
$150,900 + $120,770
$271,670
2018
$22,221 (+5.6%)
$150,900 + $120,770
$271,670
2017
$21,039 (+55.5%)
$129,810 + $155,270
$285,080
2016
$13,528 (−0.5%)
$129,810 + $155,270
$285,080
2015
$13,590 (+45.5%)
$138,570 + $41,530
$180,100
2014
$9,337 (−0.5%)
$138,570 + $41,530
$180,100
2013
$9,384 (+17.9%)
$94,020 + $36,830
$130,850
2012
$7,956 (−24.5%)
$94,020 + $36,830
$130,850
2011
$10,531 (−32.9%)
$103,930 + $14,690
$118,620
2010
$15,695 (+0.6%)
$103,930 + $58,020
$161,950
2009
$15,608
$205,770 + $76,420
$282,190
Public record
Public record
Permits
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
22.04 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Mobile/Manufactured Home
County
Eagle County
APN
R028072
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 11, 2025.
Nov 3, 2022 • Final
Demolition - demolition
Demolition
Mar 18, 2022 • Final
Demolition - demolition
Demolition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Historical weather
Basalt, CO • 81621
Average low and high temperatures (°F)
35
14
46
24
57
31
59
33
68
39
82
49
84
53
81
52
75
45
65
37
49
26
42
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 4959 Frying Pan Rd
$1,147,490
$95K under list price of $1.24M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $875K to $2.5M.