270 Midland Avenue, Basalt, CO 81621

New Listing
$1,995,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,300 Lot Size (sq. ft.): 6,324 Status: Active
Current Price: $1,995,000 List Date: 10/05/2026 Last Modified: 10/10/2026

Overview

Description

Live in it. Rent it. Improve it. Redevelop it. 270 Midland Avenue is a rare Old Town Basalt opportunity offering an exceptional combination of lifestyle, income potential, and long-term upside. Enjoy a beautiful oversized yard, two-car off-street parking, a large storage shed, mature fruit trees, and easy access to downtown Basalt, restaurants, trails, Gold Medal fly fishing, and Highway 82. Ideal as a primary residence, mountain getaway, or income-producing rental property. The owners have thoughtfully transformed the property over time, remodeling and improving nearly every aspect with exceptional care and attention to detail. The newly reimagined lower level adds two bedrooms, a bathroom, and a spacious family room, significantly expanding the home's usable living space and flexibility. Future possibilities may include rezoning to C-2 for mixed-use development or adding an ADU, subject to Town of Basalt review and approval. One of the few remaining single-family homes along Midlan ...

Listing Details MLS# 194759

Location Info

Type
Single Family Residence
Major Area
Basalt
Area
05-Basalt Proper
Original List Price
1995000
Asking Price
1995000
Street #
270
Street Name
Midland
Street Suffix
Avenue
City/Town
Basalt
State/Province
CO
Postal Code
81621

Keywords Info

Total Baths
2
Baths - Full
Yes
Baths - 3/4
Yes
Acreage
Refer to Lot Size
Garage
No
Pre-Fabricated Home
No

Listing Info

Seller/Owner is Licensed
No
Short Sale
No
REO
No
Auction
No
In Foreclosure
No
Member Association
Aspen Association
County
Eagle
ADU
No

General Info

Sub/Loc
Townsite of Basalt
Legal
SUBDIVISION: BASALT BLOCK: 3 LOT: 38 PT OF
Zoning
Residential
Nbr of Acres
0.14
Lot SqFt
6324
Lv Ht SqFt
2300
Total SqFt
2300
Price/LvH SqFt
867.39
ud_i_02
2
Main Floor Primary Bedroom
No
Short Termable
Yes
Year Built
1968
Year Remodeled
2023
Unit Faces
South
Parcel #
246707403001
Directions
From highway 82 turn onto Two Rivers Rd. At the Four-way stop sign head East on Midland Avenue. Go through Old Town Basalt and property will be located on your left-hand side just before Homestead rd.

Financing Info

Metro Tax District
No
Taxes
7193
Tax Year
2025
Transfer Tax
No
HOA Dues Y/N
No
HOA Transfer Fee
No

More Information

Remarks

Public Remarks
Live in it. Rent it. Improve it. Redevelop it. 270 Midland Avenue is a rare Old Town Basalt opportunity offering an exceptional combination of lifestyle, income potential, and long-term upside. Enjoy a beautiful oversized yard, two-car off-street parking, a large storage shed, mature fruit trees, and easy access to downtown Basalt, restaurants, trails, Gold Medal fly fishing, and Highway 82. Ideal as a primary residence, mountain getaway, or income-producing rental property. The owners have thoughtfully transformed the property over time, remodeling and improving nearly every aspect with exceptional care and attention to detail. The newly reimagined lower level adds two bedrooms, a bathroom, and a spacious family room, significantly expanding the home's usable living space and flexibility. Future possibilities may include rezoning to C-2 for mixed-use development or adding an ADU, subject to Town of Basalt review and approval. One of the few remaining single-family homes along Midland Avenue, this is a unique opportunity to own a highly versatile property in the heart of historic Old Town Basalt. A must-see property with exceptional present-day appeal and compelling long-term potential.

Parking Area

Total Parking
2

Extras

Electric Vehicle Charger Included
Yes

Property Features

Laundry Facility: Laundry Room Style: Other Construction: Frame Exterior: Metal Roof: Metal Condition: Good Heating: Baseboard; Hot Water Gas: Natural Gas Available Water: Community Cooling: None Sanitation: Sewer Possession: DOD Extras: Cable TV; Electric Vehicle Hook-Up; Fence; Landscaping; Lawn Sprinklers; Outbuildings; Patio/Deck; Storage Shed Terms Offered: Cash; New Loan Mineral Rights: No Water Rights: No Documents on File: Survey/ILC Location Amenities: Corner Lot; Exposure, Southern; Trees; Views Sign: Yes Inclusions: Dishwasher; Dryer; Oven; Range; Refrigerator; Stove Top; Washer; Window Coverings
IDX
Listing Office: Coldwell Banker Mason Morse-Willits
Source MLS Verified
Last Updated: October - 10 - 2026
Broker Attribution: (970) 927-3000

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