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, creating a warm and refined mountain retreat.
Expansive patio spaces invite effortless indoor-outdoor living, ideal for al fresco dining, entertaining, or simply taking in the sights and sounds of the Frying Pan River. A dedicated outdoor fire pit provides the perfect gathering place for family and friends--offering a year-round setting for memorable evenings under the Colorado sky.
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.
Sold for $3,500,000
$3,500,000
397 Oak Rd, Basalt, CO 81621
3beds
2,496sqft
Single Family Residence
Built in 1990
8,712 Square Feet Lot
$3,582,200 Zestimate®
$1,402/sqft
$-- Estimated rent
Home value
$3,582,200
$3.40M - $3.76M
Not available
Zestimate® history
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List your homeWhat's special
Direct river frontageExpansive patio spacesDedicated outdoor fire pitEffortless indoor-outdoor living
Zillow last checked:
Listing updated:
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
Bought with:
Ted Borchelt, FA100004523
Aspen Snowmass Sotheby's International Realty-Basalt
Stephanie Williams, FA40046689
Source: AGSMLS,MLS#: 192129
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
Features
- On waterfront: Yes
- Waterfront features: River Front
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
- Major remodel year: 2011
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, 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: $1,402/sqft
- Tax assessed value: $2,862,600
- 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
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Sold | $3,500,000-11.4%$1,402/sqft |
Source: AGSMLS #192129 Report a problem | ||
| 8/10/2026 | Pending sale | $3,950,000$1,583/sqft |
Source: AGSMLS #192129 Report a problem | ||
| 3/25/2026 | Listed for sale | $3,950,000+172.4%$1,583/sqft |
Source: AGSMLS #192129 Report a problem | ||
| 12/20/2011 | Sold | $1,450,000-9.4%$581/sqft |
Source: Public Record Report a problem | ||
| 10/29/2011 | Price change | $1,600,000-13.5%$641/sqft |
Source: Chaffin Light Real Estate #120695 Report a problem | ||
| 8/3/2011 | Price change | $1,850,000-17.7%$741/sqft |
Source: Chaffin Light Real Estate #120695 Report a problem | ||
| 4/28/2011 | Listed for sale | $2,249,000+32.3%$901/sqft |
Source: Chaffin Light Real Estate #120695 Report a problem | ||
| 9/16/2010 | Sold | $1,700,000-15%$681/sqft |
Source: Public Record Report a problem | ||
| 8/23/2009 | Listed for sale | $1,999,000$801/sqft |
Source: Chaffin Light Real Estate - Snowmass #109624 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,452 +5.4% | $178,920 +0.2% |
| 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
Neighborhood: 81621
Nearby homes
- $2,779,3003 bd2 ba2.6k sqft134 Ash Rd, Basalt, CO 81621Off Market
- $2,962,1002 bd2 ba1.5k sqft321 Oak Rd, Basalt, CO 81621Off Market
- $4,654,3004 bd4 ba5.9k sqft125 Ash Rd, Basalt, CO 81621Off Market
- $3,109,6003 bd3 ba3k sqft112 Ash Rd, Basalt, CO 81621Off Market
- $3,364,7004 bd3 ba2.8k sqft207 Oak Rd, Basalt, CO 81621Off Market
- $615,4002 bd1 ba1.1k sqft9462 Frying Pan Rd, Basalt, CO 81621Off Market
- $1,877,0001 bd1 ba528 sqft9482 Frying Pan Rd, Basalt, CO 81621Off Market
- $2,960,8004 bd3 ba2.8k sqft125 Oak Rd, Basalt, CO 81621Off Market
Nearby schools
GreatSchools rating
- 7/10Basalt Middle SchoolGrades: 5-8Distance: 7.7 mi
- 5/10Basalt High SchoolGrades: 9-12Distance: 8.3 mi
- 8/10Basalt Elementary SchoolGrades: PK-4Distance: 7.8 mi
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$3,582,200
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+$71,644
With Zillow Showcase(estimated)
$3,653,844
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$3,582,200
2% more
+$71,644
With Zillow Showcase(estimated)
$3,653,844
- Colorado
- Eagle County
- Basalt
- 81621
- 397 Oak Rd
