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...
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. Castle View Estates Lot 2 boasts over 11 acres includes the spring-fed pond, breathtaking views in every direction, along with valuable water rights. See the site plan. 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...
Year
Property tax
Land + Additions
Assessment*
2025
$20,809
$269,300 + $6,430
$275,730
Public record
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11.41 Acres
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Other
County
Eagle County
APN
R069899
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Last updated by owner on Jul 17, 2026.
Historical weather
Basalt, CO • 81621
Average low and high temperatures (°F)
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Sun exposure
In this area, properties receive around 10.5 hours in
June and 6.1 hours in December, placing it above the
U.S. average for solar exposure.
10.5 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5045 Frying Pan Rd
$5,934,817
$209K under list price of $6.14M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $797K to $1.4M.