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Townsite of Basalt
216 E Homestead Drive
216 E Homestead Drive, Basalt, CO, 81621
Single Family Residence
$3,100,000
4
Bedrooms
3
Bathrooms
2,324
Square Feet
0.3 acres
Lot Size
Property Description
Opportunities like this rarely come along in Old Town Basalt. Set on approximately one-third of an acre just one block from downtown, 216 E. Homestead sits on one of the larger residential parcels in the town core, offering a combination of land, walkability, and future potential that is increasingly difficult to find. The existing four-bedroom, two-bath home is surrounded by mature gardens, fruit trees, a year-round heated greenhouse, and a detached radiant-heated studio, creating a property that is both immediately livable and rich with possibility. What truly sets this offering apart is the upside. Conceptual plans have already been prepared for a significant expansion, including enhanced living spaces, a lock-off apartment, and a new detached garage with a one-bedroom residence above. Whether a buyer chooses to enjoy the property as it exists today or unlock its full potential over time, this is a chance to secure a substantial piece of Old Town Basalt in a location where opportunities to create additional value are increasingly rare.
Property Features & Specifications
Property Details
- Property Type
- Single Family Residence
- Year Built
- 1978
- Square Feet
- 2,324 sf
- Lot Size
- 0.3 acres
- Bedrooms
- 4
- Bathrooms
- 3
- Garage Spaces
- 1
Interior
- Fireplace
- 1 fireplace
- Heating
- Radiant, Baseboard
- Cooling
- None
- Laundry
- In Hall
Exterior & Location
- Construction
- Wood Siding, Frame
- Zoning
- Res
- County
- Eagle
- Subdivision
- Townsite of Basalt
- Zip Code
- 81621
Financial
- List Price
- $3,100,000
- Tax Year
- 2026
- Annual Taxes
- $9,240
- MLS #
- 193651
The IDX display contains information sourced from the Aspen Glenwood MLS as of 10/30/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2026 Aspen Glenwood MLS all rights reserved.
Data last updated on 10/30/2026 at 4:47 PM UTC
Estimate Monthly Investment
Loan Term
Estimated Monthly Payment
$15,675
Loan Amount
$2,480,000
Down Payment
$620,000
Estimate only. Does not include taxes, insurance, or HOA fees.