7203 ELK Lane, Basalt, CO 81621 (MLS# 190090) -

7203 ELK Lane, Basalt, CO 81621

$965,000

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

Current Price: $965,000 List Date: 10/08/2025 Last Modified: 11/28/2025

Overview

Description

Discover the best value in Basalt with this inviting 3-bedroom, 3-bathroom residence, ideally located within walking distance to Arbaney Park, the community swimming pool, local restaurants, and bus stops. Situated in the sought-after Elk Run neighborhood, this home combines convenience with comfort. The interior features vaulted ceilings and maple wood floors that create a warm, airy atmosphere. The open layout flows seamlessly into the living and dining areas, making it perfect for both everyday living and entertaining. A one-car garage provides added convenience, and the home's high ceilings enhance the sense of space throughout. Whether you're looking for a primary residence, a mountain retreat, or an investment opportunity, this property offers exceptional versatility. As the most affordable 3-bedroom option in downtown Basalt or Elk Run, it's a rare chance to own in one of the valley's most desirable locations.

Listing Details MLS# 190090

Location Info

Type: Condominium
Right of First Refusal: No
Major Area: Basalt
Area: 05-Basalt Proper
Original List Price: 975000
Asking Price: 975000
Street #: 7203
Street Name: ELK
Street Suffix: Lane
City/Town: Basalt
State/Province: CO
Postal Code: 81621

Keywords Info

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

Listing Info

Seller/Owner is Licensed: Yes
REO: No
Member Association: Aspen Association
County: Pitkin

General Info

Sub/Loc: Villas @ Elk Run
Legal: Subdivision: VILLAS AT ELK RUN Unit: 7203
Zoning: Res
Lv Ht SqFt: 1420
Total SqFt: 1420
Price/LvH SqFt: 686.62
ud_i_02: 3
Main Floor Primary Bedroom: No
Year Built: 1995
Parcel #: 246717228067
Directions: Going down valley, right on Two Rivers, Right on Elk Run, First left on Elk Ln. First building on right.
Unfinished SqFt: 0

Financing Info

Metro Tax District: No
Taxes: 3574.2
Tax Year: 2024
Transfer Tax: No
HOA Dues Y/N: Yes
Association Fee: 609.85
Association Fee Frequency: Monthly
Total HOA Fee Per Year: 7318.2
HOA Transfer Fee: No

Status Change Info

Under Contract Date: 2025-10-14
Proposed Close Date: 2025-11-28
Sold Date: 2025-11-26
Sold Price Per/SF: 679.58
How Sold: Conventional

More Information

Remarks

Public Remarks: Discover the best value in Basalt with this inviting 3-bedroom, 3-bathroom residence, ideally located within walking distance to Arbaney Park, the community swimming pool, local restaurants, and bus stops. Situated in the sought-after Elk Run neighborhood, this home combines convenience with comfort. The interior features vaulted ceilings and maple wood floors that create a warm, airy atmosphere. The open layout flows seamlessly into the living and dining areas, making it perfect for both everyday living and entertaining. A one-car garage provides added convenience, and the home's high ceilings enhance the sense of space throughout. Whether you're looking for a primary residence, a mountain retreat, or an investment opportunity, this property offers exceptional versatility. As the most affordable 3-bedroom option in downtown Basalt or Elk Run, it's a rare chance to own in one of the valley's most desirable locations.

Fireplace

# Fireplaces: Yes
Gas: Yes

Laundry Facility

In Hall: Yes

Style

Two Story: Yes

Construction

Frame: Yes

Exterior

Wood Siding: Yes

Condition

Good: Yes

Basement/Substructure

Slab: Yes

Gas

Natural Gas: Yes

Parking Area

Common: Yes

Roof

Composition Shingles: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Extras

Cable TV: Yes
Fence: Yes
Landscaping: Yes
Lawn Sprinklers: Yes
Patio/Deck: Yes

Location Amenities

Gentle Topo: Yes
Interior Lot: Yes
Trees: Yes
Views: Yes

HOA Amenities

Management: Yes
Pets Allowed/Owner: Yes
Pets Allowed/Renter: Yes

Heating

Baseboard: Yes
Hot Water: Yes
Natural Gas: Yes

Disclosures

Seller Lic RE Agent: Yes

Terms Offered

Cash: Yes
New Loan: Yes

Possession

DOD: Yes

Inclusions

Ceiling Fan: Yes
Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

HOA Fees Includes

Contingency Fund: Yes
Grounds Maintenance: Yes
Insurance: Yes
Management: Yes
Road Maintenance: Yes
Snow Removal: Yes
Trash: Yes

Property Features

Laundry Facility: In Hall Style: Two Story Construction: Frame Exterior: Wood Siding Roof: Composition Shingles Condition: Good Heating: Baseboard; Hot Water; Natural Gas Gas: Natural Gas Water: Public Sanitation: Sewer Parking Area: Common Possession: DOD Extras: Cable TV; Fence; Landscaping; Lawn Sprinklers; Patio/Deck Terms Offered: Cash; New Loan Disclosures: Seller Lic RE Agent HOA Fees Includes: Contingency Fund; Grounds Maintenance; Insurance; Management; Road Maintenance; Snow Removal; Trash HOA Amenities: Management; Pets Allowed/Owner; Pets Allowed/Renter Location Amenities: Gentle Topo; Interior Lot; Trees; Views Inclusions: Ceiling Fan; Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Washer

Listing Office: Slifer Smith & Frampton RFV

Last Updated: November - 28 - 2025

Broker Attribution: (970) 925-8088

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