740 Hearthstone Drive, Basalt, CO 81621

$1,995,000
Property Type: Residential Bedrooms: 3 Baths: 4 Square Footage: 3,146 Lot Size (sq. ft.): 7,219 Status: Active
Current Price: $1,995,000 List Date: 1/15/2026 Last Modified: 8/14/2026

Overview

Description

Priced to move at $634 per square foot, 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 a significant upside. The spacious living room is open to the kitchen and dining area. 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 and full bath, that offers flexibility--a portion of it could easily be converted into an additional bedroom, or a 'mother in law' apartment. It has a front and rear deck. The oversized two-car garage provides abundant extra storage. The backyar ...

Listing Details MLS# 191360

Location Info

Type
Single Family Residence
Major Area
Basalt
Area
05-Basalt Proper
Original List Price
2478000
Asking Price
1995000
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
634.14
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.

Financing Info

Metro Tax District
No
Taxes
8706.96
Tax Year
2024
Transfer Tax
No
HOA Dues Y/N
No
HOA Transfer Fee
No

More Information

Remarks

Public Remarks
Priced to move at $634 per square foot, 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 a significant upside. The spacious living room is open to the kitchen and dining area. 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 and full bath, that offers flexibility--a portion of it could easily be converted into an additional bedroom, or a 'mother in law' apartment. It has a front and rear deck. The oversized two-car garage provides abundant extra storage. 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

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
IDX
Listing Office: Aspen Snowmass Sotheby's International Realty - Hyman Mall
Source MLS Verified
Last Updated: August - 14 - 2026
Broker Attribution: (970) 925-6060

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