387 Allison Lane, Basalt, CO 81621 (MLS# 169838) -

387 Allison Lane, Basalt, CO 81621

$465,000

Property Type: RES Vacant Land Lot Size (sq. ft.): 6,534 Status: Closed

Current Price: $465,000 List Date: 5/05/2021 Last Modified: 10/27/2025

Overview

Description

Located in the quiet back corner of the Basalt's desirable Southside neighborhood, this is one of the best remaining lots in the area. The parcel is located across from Wildwood Park and the rear of the lot sits adjacent to open space ranch land which is a proposed conservation easement.The FAR for the lot is 35% of lot size plus 50% of closet space, 150 ft mechanical room and 500 sq ft of garage. Driveway approved for access from both North side and South side of the lot. Floodplain revised since Plat was created. This property is no longer in a floodplain. See attached FEMA documentation/map NOTE: Buyer to independently verify FAR requirements

Listing Details MLS# 169838

Location Info

Type: Single Family Lot
Sub-Type: N/A
Major Area: Basalt
Area: 05-Basalt Proper
Original List Price: 480000
Asking Price: 480000
Street #: 387
Street Name: Allison
Street Suffix: Lane
City/Town: Basalt
State/Province: CO
Postal Code: 81621

Keywords Info

Acreage: Refer to Lot Size

Listing Info

Short Sale: No
REO: No
Foreclosure: No
Auction: No
Member Association: Aspen Association

General Info

List Price Per/Acre: 3200000
Sold Price Per/Acre: 3100000
Sub/Loc: Southside
Legal: Subdivision: SOUTHSIDE PUD PHASE II Block: 9 Lot: 8
Lot SqFt: 6534
Nbr of Acres: 0.15
County: Pitkin
Zoning: Single Family
ADU Allowed: No
FAR: Yes
Sold Price Per/SF: 71.17
Orig List Price Per/SF: 73.46
Parcel #: 246718117017
Directions: From Highway 82 turn to Basalt Avenue. Turn right on Fiou Lane, then left on Southside Drive. Left on Meadowview. Rt on Allison Lane.
Asking Price Per/SF: 73.46

Financing Info

Metro Tax District: No
Taxes: 6641
Tax Year: 2019
Transfer Tax: No
HOA Dues Y/N: Yes
Association Fee: 165
Association Fee Frequency: Quarterly
Total HOA Fee Per Year: 660

Status Change Info

Under Contract Date: 2021-04-02
Sold Date: 2021-05-03
How Sold: Cash

More Information

Remarks

Public Remarks: Located in the quiet back corner of the Basalt's desirable Southside neighborhood, this is one of the best remaining lots in the area. The parcel is located across from Wildwood Park and the rear of the lot sits adjacent to open space ranch land which is a proposed conservation easement.The FAR for the lot is 35% of lot size plus 50% of closet space, 150 ft mechanical room and 500 sq ft of garage. Driveway approved for access from both North side and South side of the lot. Floodplain revised since Plat was created. This property is no longer in a floodplain. See attached FEMA documentation/map NOTE: Buyer to independently verify FAR requirements

Possible Use

Single Family: Yes

Access

Paved: Yes

Gas

Natural Gas: Yes

Sanitation

Sewer: Yes

Water Rights

Community: Yes

Mineral Rights

No: Yes

Terms Offered

Cash: Yes
Seller Finance: Yes

Possession

DOD: Yes

Showing Instructions

Call Listing Office: Yes

Sign

Yes: Yes

Property Features

Possible Use: Single Family Gas: Natural Gas Sanitation: Sewer Mineral Rights: No Water Rights: Community Terms Offered: Cash; Seller Finance Possession: DOD Showing Instructions: Call Listing Office Access: Paved Sign: Yes

Listing Office: Douglas Elliman Real Estate-Hyman Ave

Last Updated: October - 27 - 2025

Broker Attribution: (970) 925-8810

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