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216 E Homestead Drive, Basalt, CO 81621

New Listing
$2,600,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,324 Lot Size (sq. ft.): 11,000 Status: Active
Current Price: $2,600,000 List Date: 11/11/2026 Last Modified: 11/11/2026

Overview

Description

Opportunities like this rarely come along in Old Town Basalt. Set on an approximately 11,000 SF lot just one block from downtown, 216 E. Homestead offers a four-bedroom home surrounded by mature gardens, fruit trees, and established landscaping. A lower-level kitchenette and a flexible fourth room for living, dining, or office use make the home immediately livable, and the furniture is available to a buyer if wanted. What truly sets this offering apart is the upside. A planning analysis has already identified the remaining FAR, and a concept design for a 1,500 SF two-bedroom ADU has been prepared, leaving approximately 500 SF to expand the existing home. Whether a buyer enjoys the property as it is today or builds toward its full potential, this is a rare chance to secure a piece of Old Town Basalt with real room to grow.

Listing Details MLS# 195154

Location Info

Type
Single Family Residence
Major Area
Basalt
Area
05-Basalt Proper
Original List Price
2600000
Asking Price
2600000
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
2
Baths - Full
2
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
0.25
Lot SqFt
11000
Lv Ht SqFt
2324
Total SqFt
2324
Price/LvH SqFt
1118.76
Main Floor Primary Bedroom
Yes
Year Built
1978
Year Remodeled
2007
Parcel #
246707402014
Directions
On Homestead Drive, to the right of the Church

Financing Info

Metro Tax District
No
Taxes
9240
Tax Year
2026
Transfer Tax
No
HOA Dues Y/N
No
HOA Transfer Fee
No

More Information

Remarks

Public Remarks
Opportunities like this rarely come along in Old Town Basalt. Set on an approximately 11,000 SF lot just one block from downtown, 216 E. Homestead offers a four-bedroom home surrounded by mature gardens, fruit trees, and established landscaping. A lower-level kitchenette and a flexible fourth room for living, dining, or office use make the home immediately livable, and the furniture is available to a buyer if wanted. What truly sets this offering apart is the upside. A planning analysis has already identified the remaining FAR, and a concept design for a 1,500 SF two-bedroom ADU has been prepared, leaving approximately 500 SF to expand the existing home. Whether a buyer enjoys the property as it is today or builds toward its full potential, this is a rare chance to secure a piece of Old Town Basalt with real room to grow.

Miscellaneous

Under Construction
No

Fireplace

# Fireplaces
Yes

Property Features

Laundry Facility: In Hall Style: Split Level Construction: Frame Exterior: Wood Siding Condition: Good Heating: Baseboard; Radiant Water: Public Cooling: Evaporative Cooling Sanitation: Sewer Fireplace: Wood Burning Possession: Negotiable; Subject to Lease Extras: Landscaping; Patio/Deck; Storage Shed Terms Offered: Cash; New Loan Location Amenities: Trees; Views Sign: Yes Inclusions: Dishwasher; Dryer; Oven; Refrigerator; Washer

Documents

IDX
Listing Office: AG Aspen
Source MLS Verified
Last Updated: November - 11 - 2026
Broker Attribution: (304) 561-8760
Copyright 2020 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.
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