216 E Homestead Drive, Basalt, CO 81621 (MLS# 193651)

216 E Homestead Drive, Basalt, CO 81621

$3,200,000

MLS - 216 E Homestead Drive - Basalt, CO

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,324 Lot Size (sq. ft.): 13,068 Status: Active

Current Price: $3,200,000 List Date: 7/03/2026 Last Modified: 7/03/2026

Overview

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 opport ... (Read more)

Listing Details MLS# 193651

Location Info

Type: Single Family Residence
Major Area: Basalt
Area: 05-Basalt Proper
Original List Price: 3200000
Asking Price: 3200000
Street #: 216
Street Direction Pfx: E
Street Name: Homestead
Street Suffix: Drive
City/Town: Basalt
State/Province: CO
Postal Code: 81621
Furnished: Partially

Keywords Info

Total Baths: 3
Baths - Full: 2
Baths - Half: Yes
Acreage: Refer to Lot Size
Garage: Yes
Garage Spaces: Yes
Pre-Fabricated Home: No

Listing Info

Seller/Owner is Licensed: No
REO: No
Member Association: Aspen Association
County: Eagle

General Info

Sub/Loc: Townsite of Basalt
Legal: Subdivision: BASALT Block: 4 Lot: 2B
Zoning: Res
Nbr of Acres: 0.3
Lot SqFt: 13068
Lv Ht SqFt: 2324
Total SqFt: 2324
Price/LvH SqFt: 1376.94
Main Floor Primary Bedroom: Yes
Year Built: 1978
Year Remodeled: 2007
Parcel #: 246707402014
Directions: On Homestead Drive, to the right of the Church
Unfinished SqFt: 0

Financing Info

Metro Tax District: No
Taxes: 9240
Tax Year: 2026
Transfer Tax: No
HOA Dues Y/N: No
HOA Transfer Fee: No
Total HOA Fee Per Year: 0

Status Change Info

Sold Price Per/SF: 0

More Information

Remarks

Public Remarks: 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.

Miscellaneous

Under Construction: No

Fireplace

# Fireplaces: Yes
Wood Burning: Yes

Laundry Facility

In Hall: Yes

Style

Split Level: Yes

Construction

Frame: Yes

Exterior

Wood Siding: Yes

Condition

Good: Yes

Cooling

None: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Extras

Green House: Yes
Landscaping: Yes
Outbuildings: Yes
Patio/Deck: Yes
Storage Shed: Yes

Location Amenities

Trees: Yes
Views: Yes

Heating

Baseboard: Yes
Radiant: Yes

Terms Offered

Cash: Yes
New Loan: Yes

Possession

Negotiable: Yes
Subject to Lease: Yes

Inclusions

Dishwasher: Yes
Dryer: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes

Sign

Yes: Yes

Property Features

Laundry Facility: In Hall Style: Split Level Construction: Frame Exterior: Wood Siding Condition: Good Heating: Baseboard; Radiant Water: Public Cooling: None Sanitation: Sewer Fireplace: Wood Burning Possession: Negotiable; Subject to Lease Extras: Green House; Landscaping; Outbuildings; Patio/Deck; Storage Shed Terms Offered: Cash; New Loan Location Amenities: Trees; Views Sign: Yes Inclusions: Dishwasher; Dryer; Oven; Refrigerator; Washer

Documents

Conceptual Plans ›

Planning Analysis ›

Listing Office: AG Aspen

Last Updated: July - 03 - 2026

Broker Attribution: (304) 561-8760

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