5203 Elk Lane, Basalt, CO 81621 (MLS# 193407)

5203 Elk Lane, Basalt, CO 81621

$1,125,000

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

Current Price: $1,125,000 List Date: 6/19/2026 Last Modified: 7/25/2026

Overview

Description

Refined and move-in ready, this three-bed/3 bath, 2-story townhome in the Villas at Elk Run offers comfortable mountain living in one of Basalt's most convenient locations. Vaulted kitchen, dining, and living areas fill with northeast light, while a private deck overlooks the greenbelt--a quiet, green outlook just steps from town. The kitchen was renovated in 2021 and appointed with granite countertops, stainless GE appliances, and updated Craftmade cabinetry with soft-close drawers. Bathrooms were refreshed the same year with new flooring, vanities, and fixtures. The gas fireplace anchors the living area beneath a new mantle and tile surround, and recent updates include a 2018 boiler and refreshed blinds. The primary and secondary bedrooms are on the main floor with the enclosed lofted 3rd bedroom and bathroom upstairs. An attached one-car garage adds everyday ease, and the HOA welcomes up to two dogs. The location is ideal; within walking distance of Basalt's elementary and midd ... (Read more)

Listing Details MLS# 193407

Location Info

Type: Condominium
Right of First Refusal: No
Major Area: Basalt
Area: 05-Basalt Proper
Original List Price: 1145000
Asking Price: 1145000
Street #: 5203
Street Name: Elk
Street Suffix: Lane
City/Town: Basalt
State/Province: CO
Postal Code: 81621
Furnished: Unfurnished

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

General Info

Sub/Loc: Villas @ Elk Run
Legal: SUBDIVISION: VILLAS AT ELK RUN UNIT: 5203
Zoning: Multi-family
Lv Ht SqFt: 1420
LvHtSqFt (Abv Grnd): 1420
Total SqFt: 1420
Price/LvH SqFt: 806.34
Pt/Dk SqFt: 135
ud_i_02: 3
Main Floor Primary Bedroom: Yes
Year Built: 1995
Year Remodeled: 2021
Unit Faces: Northeast
Parcel #: 246717228049
Directions: From Aspen: Hwy 82, turn right onto Two Rivers Road, turn right onto Elk Run Drive, turn left into the Villas at Elk Run, 2nd building on the right. From Down Valley: Hwy 82, turn left onto Two Rivers Road, turn turn right onto Elk Run Drive, turn left into the Villas at Elk Run, 2nd building on the right. 2nd buildig on the right; enter up middle staircase

Home Performance Programs

Energy Star Rated: No

Financing Info

Metro Tax District: No
Taxes: 5052.76
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: Yes
Special Assessments: Yes

More Information

Status Change Info

Under Contract Date: 2026-06-19
Proposed Close Date: 2026-08-24
Sold Date: 2026-07-24
Sold Price Per/SF: 792.25
How Sold: Conventional

Remarks

Public Remarks: Refined and move-in ready, this three-bed/3 bath, 2-story townhome in the Villas at Elk Run offers comfortable mountain living in one of Basalt's most convenient locations. Vaulted kitchen, dining, and living areas fill with northeast light, while a private deck overlooks the greenbelt--a quiet, green outlook just steps from town. The kitchen was renovated in 2021 and appointed with granite countertops, stainless GE appliances, and updated Craftmade cabinetry with soft-close drawers. Bathrooms were refreshed the same year with new flooring, vanities, and fixtures. The gas fireplace anchors the living area beneath a new mantle and tile surround, and recent updates include a 2018 boiler and refreshed blinds. The primary and secondary bedrooms are on the main floor with the enclosed lofted 3rd bedroom and bathroom upstairs. An attached one-car garage adds everyday ease, and the HOA welcomes up to two dogs. The location is ideal; within walking distance of Basalt's elementary and middle schools, parks, the pool, tennis courts, and the shops and restaurants of downtown Basalt. A distinctive opportunity for a primary residence, a valley foothold, or a smart long-term hold in the heart of the Roaring Fork Valley.

Miscellaneous

Under Construction: No

Electric

Yes: Public

Fireplace

# Fireplaces: Yes

Exclusions

Exclusions: curtains and curtain rods, refrigerator in garage, all shelving in garage

Property Features

Laundry Facility: In Hall Style: Other Construction: Frame Exterior: Wood Siding Roof: Composition Shingles Condition: Good Heating: Baseboard; Hot Water; Natural Gas Electric: Electricity Connected Gas: Natural Gas Connected Water: Public Cooling: None Sanitation: Sewer Fireplace: Gas Carport: None Parking Area: Common Possession: Negotiable Extras: Cable TV; Lawn Sprinklers; Patio/Deck Terms Offered: Cash; New Loan Mineral Rights: No Water Rights: No HOA Fees Includes: Contingency Fund; Grounds Maintenance; Insurance; Management; Road Maintenance; Sewer; Snow Removal; Trash; Water HOA Amenities: Pets Allowed/Owner; Pets Allowed/Renter Location Amenities: Gentle Topo; Trees; Views Sign: No Inclusions: Ceiling Fan; Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer; Window Coverings

Documents

Improvements at 5203 Elk Lane ›

Listing Office: Aspen Snowmass Sotheby's International Realty - Hyman Mall

Last Updated: July - 25 - 2026

Broker Attribution: (970) 925-6060

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