740 Hearthstone Drive, Basalt, CO 81621 (MLS# 191360) -

740 Hearthstone Drive, Basalt, CO 81621

$2,200,000

Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 3,146 Lot Size (sq. ft.): 7,219 Status: Active

Current Price: $2,200,000 List Date: 1/15/2026 Last Modified: 4/16/2026

Overview

Description

Priced to move at $699 per square foot, this home currently represents the lowest price per square foot among single-family residences in the area--an exceptional value that leaves room for the updates you envision. Discover a true diamond in the rough on one of the most desirable streets in the highly sought-after Elk Run neighborhood of Basalt--one of the valley's premier family-friendly communities. Built with solid great bones, it presents an opportunity for personalization and significant upside through updates and remodeling. The spacious living room is open to the kitchen and dining area. A main floor office is convenient and functional. Upstairs, the large primary suite has a dramatic vaulted ceiling, a double-sink bathroom, and a large walk-in closet, as well as 2 more bedrooms and a full bath. The lower level features an oversized family room that offers flexibility--a portion of it could easily be converted into an additional bedroom, complete with a closet and full bathroom ... (Read more)

Listing Details MLS# 191360

Location Info

Type: Single Family Residence
Major Area: Basalt
Area: 05-Basalt Proper
Original List Price: 2478000
Asking Price: 2200000
Street #: 740
Street Name: Hearthstone
Street Suffix: Drive
City/Town: Basalt
State/Province: CO
Postal Code: 81621
Furnished: Unfurnished

Keywords Info

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

Listing Info

New Construction: No
Seller/Owner is Licensed: Yes
Short Sale: No
REO: No
Member Association: Aspen Association
County: Pitkin

General Info

Sub/Loc: Elk Run
Legal: SUBDIVISION: HOME FIRES LOT: 17
Zoning: Residential
Nbr of Acres: 0.17
Lot SqFt: 7219
Lv Ht SqFt: 3146
Total SqFt: 3146
Price/LvH SqFt: 699.3
Main Floor Primary Bedroom: No
Short Termable: Yes
Year Built: 1996
Unit Faces: Southwest
Parcel #: 246717201017
Directions: turn into Elk Run, take the first right after the church. House is on the left.
Unfinished SqFt: 0

Financing Info

Metro Tax District: No
Taxes: 8706.96
Tax Year: 2024
Transfer Tax: No
HOA Dues Y/N: No
HOA Transfer Fee: No
Total HOA Fee Per Year: 0

Status Change Info

Sold Price Per/SF: 0

More Information

Remarks

Public Remarks: Priced to move at $699 per square foot, this home currently represents the lowest price per square foot among single-family residences in the area--an exceptional value that leaves room for the updates you envision. Discover a true diamond in the rough on one of the most desirable streets in the highly sought-after Elk Run neighborhood of Basalt--one of the valley's premier family-friendly communities. Built with solid great bones, it presents an opportunity for personalization and significant upside through updates and remodeling. The spacious living room is open to the kitchen and dining area. A main floor office is convenient and functional. Upstairs, the large primary suite has a dramatic vaulted ceiling, a double-sink bathroom, and a large walk-in closet, as well as 2 more bedrooms and a full bath. The lower level features an oversized family room that offers flexibility--a portion of it could easily be converted into an additional bedroom, complete with a closet and full bathroom. A front and rear deck. The oversized two-car garage provides abundant extra storage for gear, toys, or vehicles. The backyard is ideal for pets. A rare chance to create value and equity in this prime location, walking distance to downtown Basalt.

Miscellaneous

Under Construction: No

Electric

Yes: Public

Fireplace

# Fireplaces: Yes
Gas: Yes

Laundry Facility

Laundry Room: Yes

Condition

Average: Yes

Gas

Natural Gas Connected: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Extras

Lawn Sprinklers: Yes

Location Amenities

Exposure, Southern: Yes
Trees: Yes
Views: Yes

Heating

Forced Air: Yes

Documents on File

Radon Test: Yes

Disclosures

Seller Lic RE Agent: Yes

Terms Offered

Cash: Yes
New Loan: Yes

Possession

DOD: Yes

Inclusions

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Window Coverings: Yes

Sign

No: Yes

Property Features

Laundry Facility: Laundry Room Condition: Average Heating: Forced Air Gas: Natural Gas Connected Water: Public Sanitation: Sewer Fireplace: Gas Possession: DOD Extras: Lawn Sprinklers Terms Offered: Cash; New Loan Disclosures: Seller Lic RE Agent Documents on File: Radon Test Location Amenities: Exposure, Southern; Trees; Views Sign: No Inclusions: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Window Coverings

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

Last Updated: April - 16 - 2026

Broker Attribution: (970) 925-6060

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