5202 Elk Lane, Basalt, CO 81621 (MLS# 192725)

5202 Elk Lane, Basalt, CO 81621

$1,100,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,420 Status: Closed

Current Price: $1,100,000 List Date: 5/07/2026 Last Modified: 6/12/2026

Overview

Description

Just minutes from downtown Basalt, the Villas at Elk Run offer a welcoming community cherished by both locals and visitors. This top-floor unit is ideally positioned on the north side of the complex, providing a peaceful setting filled with soft morning light. Inside, marble countertops, stainless steel appliances, and an open-concept layout with soaring ceilings create an airy retreat that feels like a true mountain oasis. The condo features two generous bedrooms with en suite bathrooms and walk-in closets, along with a lofted third bedroom--also with its own en suite--perfect for guests or additional living space. A stackable washer and dryer, a one-car garage, and an additional parking space add everyday convenience to this thoughtfully designed and well maintained residence. Whether you're looking for a full-time home or a relaxing mountain escape, this residence offers comfort, convenience, and a true sense of place.

Listing Details MLS# 192725

Location Info

Type: Condominium
Right of First Refusal: No
Major Area: Basalt
Area: 05-Basalt Proper
Original List Price: 1135000
Asking Price: 1145000
Street #: 5202
Street Name: Elk
Street Suffix: Lane
City/Town: Basalt
State/Province: CO
Postal Code: 81621
Furnished: Partially

Keywords Info

Total Baths: 3
Baths - Full: 3
Acreage: Unknown
Garage: Yes
Garage Spaces: Yes
Pre-Fabricated Home: No

Listing Info

New Construction: No
Seller/Owner is Licensed: No
Short Sale: No
REO: No
Auction: No
In Foreclosure: No
Member Association: Aspen Association
County: Pitkin
ADU: No

General Info

Sub/Loc: Villas @ Elk Run
Legal: SUBDIVISION: VILLAS AT ELK RUN UNIT: 5202
Zoning: C3
Lv Ht SqFt: 1420
LvHtSqFt (Abv Grnd): 1420
Total SqFt: 1420
Price/LvH SqFt: 806.34
ud_i_02: 2
Main Floor Primary Bedroom: Yes
Short Termable: Yes
Year Built: 1995
Year Remodeled: 2021
Unit Faces: Southeast
Parcel #: 246717228048
Directions: Two Rivers Road to Elk Run Drive. Elk Lane is the 1st left once you are on Elk Run Drive. When Elk Lane splits veer right and the unit will be a couple buildings down on your right hand side.

Financing Info

Metro Tax District: No
Taxes: 5455.04
Tax Year: 2025
Transfer Tax: No
HOA Dues Y/N: Yes
Association Fee: 642.81
Association Fee Frequency: Monthly
Total HOA Fee Per Year: 7713.72
HOA Transfer Fee: No

Status Change Info

Under Contract Date: 2026-05-12
Proposed Close Date: 2026-06-11
Sold Date: 2026-06-11
Sold Price Per/SF: 774.65
How Sold: Cash

More Information

Remarks

Public Remarks: Just minutes from downtown Basalt, the Villas at Elk Run offer a welcoming community cherished by both locals and visitors. This top-floor unit is ideally positioned on the north side of the complex, providing a peaceful setting filled with soft morning light. Inside, marble countertops, stainless steel appliances, and an open-concept layout with soaring ceilings create an airy retreat that feels like a true mountain oasis. The condo features two generous bedrooms with en suite bathrooms and walk-in closets, along with a lofted third bedroom--also with its own en suite--perfect for guests or additional living space. A stackable washer and dryer, a one-car garage, and an additional parking space add everyday convenience to this thoughtfully designed and well maintained residence. Whether you're looking for a full-time home or a relaxing mountain escape, this residence offers comfort, convenience, and a true sense of place.

Fireplace

# Fireplaces: Yes

Parking Area

Total Parking: Yes

Property Features

Laundry Facility: In Hall Style: Other Construction: Frame Exterior: Cement Siding Condition: Excellent Heating: Baseboard Electric: Electricity Connected Gas: Natural Gas Connected Water: Community Cooling: None Sanitation: Sewer Fireplace: Gas Carport: None Parking Area: Common Possession: DOD Extras: Cable TV; Landscaping; Patio/Deck Mineral Rights: No Water Rights: No Documents on File: CC & R's; Financials HOA Fees Includes: Grounds Maintenance; Road Maintenance; Sewer; Snow Removal; Trash; Water HOA Amenities: Pets Allowed/Owner; Pets Allowed/Renter Location Amenities: Trees Sign: No Inclusions: Ceiling Fan; Dishwasher; Dryer; Microwave; Range; Washer; Window Coverings

Listing Office: Douglas Elliman Real Estate-Durant

Last Updated: June - 12 - 2026

Broker Attribution: (970) 925-8810

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