The Frying Pan River valley is iconic. Gold medal fishing, stunning vistas, towering cliffs make it one of the most sought after valleys in the country. The Castle View Estates is a unique offering with spring fed pond, the stunning Seven Castles Redstone towers above, Eagles, Osprey and Herron flying majestically overhead. Castle View Estates Lot 2 boasts over 11 acres includes the spring-fed pond, breathtaking views in every direction, along with valuable water rights. See the site plan.
Perhaps one lucky individual will create a legacy compound on all three lots - or three individuals will place their own vision and build a special home on each property...
Lot/land
Price cut: $644K (9/1)
$2,950,000
5045 Frying Pan Rd, Basalt, CO 81621
--beds
0baths
11.41Acres
Land
Built in ----
11.41 Acres Lot
$-- Zestimate®
$--/sqft
$8/mo HOA
What's special
- 407 days
- 125
- 2
Zillow last checked:
Listing updated:
Listed by:
Doug Leibinger 970-925-6063,
Compass Aspen
Source: AGSMLS,MLS#: 189491
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Video & virtual tour
Property
Lot
- Size: 11.41 Acres
Details
- Parcel number: 246702403002
- Zoning: Rural Residential
Utilities & green energy
- Water: Well
Community & HOA
Community
- Subdivision: Castle View
HOA
- Has HOA: Yes
- HOA fee: $100 annually
Location
- Region: Basalt
Financial & listing details
- Tax assessed value: $1,021,230
- Annual tax amount: $7,381
- Date on market: 7/29/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $5,500,000-10.5% |
Source: AGSMLS #194291 Report a problem | ||
| 8/22/2026 | Price change | $6,144,000+108.3% |
Source: AGSMLS #194291 Report a problem | ||
| 8/11/2025 | Listed for sale | $2,950,000 |
Source: AGSMLS #189491 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,809 | $275,730 |
Find assessor info on the county website




