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For sale
    • $3,950,000

    397 Oak Rd, Basalt, CO 81621

    3beds
    2,496sqft
    : 
    Single Family Residence
    Built in 1990
    8,712 Square Feet Lot
    $3,878,700 Zestimate®
    $1,583/sqft
    $54/mo HOA

    What's special

    Direct river frontage
    Premier Frying Pan Riverfront log home just minutes from the charm and culture of Old Town Basalt. This beautifully updated 3-bedroom, 2.5-bath residence is ideally situated at the end of a private cul-de-sac within the exclusive Peachblow subdivision consisting of 43+ acres shared by only 13 homes. Enjoy direct river frontage and access to approximately one mile of semi-private, Gold Medal fishing waters. Thoughtfully upgraded with quality finishes, the home blends classic log construction with modern comfort, offering inviting indoor/outdoor living spaces and a true sense of privacy. Whether envisioned as a serene weekend escape or a full-time residence, this is a rare opportunity to own a legacy property in one of the Roaring Fork Valley's most treasured riverfront settings.
    2 days
    |
    362
    |
    11
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: March 25, 2026 at 03:44pm

    Listed by:

    Stephanie Williams (970)927-8080,

    Aspen Snowmass Sotheby's International Realty-Basalt,

    Ted Borchelt 970-309-3626,

    Aspen Snowmass Sotheby's International Realty-Basalt

    Source: AGSMLS,MLS#: 192129

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Forced Air
      Cooling
      • None
      Appliances
      • Laundry: Inside
      Features
      • Basement: Crawl Space
      • Number of fireplaces: 1
      • Fireplace features: Gas
      Interior area
      • Total structure area: 2,496
      • Total interior livable area: 2,496 sqft
      • Finished area above ground: 2,496

      Property

      Parking
      • Parking features: None
      Lot
      • Size: 8,712 Square Feet
      • Features: Cul-De-Sac, Landscaped
      Details
      • Parcel number: 246909102003
      • Zoning: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin
      • Property subtype: Single Family Residence
      Materials
      • Log Siding, Log
      • Roof: Metal
      Condition
      • Excellent
      • New construction: No
      • Year built: 1990

      Utilities & green energy

      • Water: Public
      • Utilities for property: Cable Available, Propane

      Community & HOA

      Community
      • Subdivision: Peachblow
      HOA
      • Has HOA: Yes
      • Services included: Management, Water
      • HOA fee: $650 annually
      Location
      • Region: Basalt

      Financial & listing details

      • Price per square foot: $1,583/sqft
      • Tax assessed value: $2,664,770
      • Annual tax amount: $14,452
      • Date on market: 3/25/2026
      • Listing terms: New Loan,Cash
      • Inclusions: Ceiling Fan, Dryer, Refrigerator, Stove Top, Microwave, Dishwasher
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        Estimated market value

        $3,878,700

        $3.68M - $4.07M

        $6,985/mo

        Price history

        Price history
        DateEventPrice
        3/25/2026Listed for sale$3,950,000+172.4%$1,583/sqft
        Source: AGSMLS #192129 Report a problem
        12/20/2011Sold$1,450,000-9.4%$581/sqft
        Source: Public Record Report a problem
        10/29/2011Price change$1,600,000-13.5%$641/sqft
        Source: Chaffin Light Real Estate #120695 Report a problem
        8/3/2011Price change$1,850,000-17.7%$741/sqft
        Source: Chaffin Light Real Estate #120695 Report a problem
        4/28/2011Listed for sale$2,249,000+32.3%$901/sqft
        Source: Chaffin Light Real Estate #120695 Report a problem
        9/16/2010Sold$1,700,000-15%$681/sqft
        Source: Public Record Report a problem
        8/23/2009Listed for sale$1,999,000$801/sqft
        Source: Chaffin Light Real Estate - Snowmass #109624 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2024$13,710 +61%$178,540 -2.4%
        2023$8,514 -2.7%$182,980 +72.7%
        2022$8,750 $105,930 -2.8%
        2021-- $108,980 -11.7%
        2020$9,442 -0.9%$123,450
        2019$9,532 $123,450 +8.4%
        2018$9,532 +7.4%$113,860
        2017$8,875 +5.6%$113,860 -9.4%
        2016$8,403 -11%$125,740
        2015$9,445 +22.4%$125,740 +16.3%
        2014$7,718 $108,150 +3.6%
        2013-- $104,420 +7.6%
        2012-- $97,050
        2011-- $97,050 -32.6%
        2010-- $144,030
        2009-- $144,030 +34.8%
        2008-- $106,860
        2007-- $106,860 +26.9%
        2006-- $84,180 +61.9%
        2005-- $52,010 +12.4%
        2004-- $46,290 -1%
        2003-- $46,760 -6.9%
        2002-- $50,210 +0%
        2001-- $50,200

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $21,665/mo
        Principal & interest
        $20261
        Property taxes
        $1350
        HOA Fees
        $54
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          Climate risks

          Neighborhood: 81621

          Getting around

          0 / 100
          Car-Dependent
          4 / 100
          Somewhat Bikeable

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