$3,200,000
 $17,178 est/mo Sourced by Back At You
Source MLS Verified

216 E Homestead Drive,Basalt, CO 81621

Basalt, CO 81621

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Description

Opportunities like this rarely come along in Old Town Basalt. Set on approximately one-third of an acre just one block from downtown, 216 E. Homestead sits on one of the larger residential parcels in the town core, offering a combination of land, walkability, and future potential that is increasingly difficult to find. The existing four-bedroom, two-bath home is surrounded by mature gardens, fruit trees, a year-round heated greenhouse, and a detached radiant-heated studio, creating a property that is both immediately livable and rich with possibility. What truly sets this offering apart is the upside. Conceptual plans have already been prepared for a significant expansion, including enhanced living spaces, a lock-off apartment, and a new detached garage with a one-bedroom residence above. Whether a buyer chooses to enjoy the property as it exists today or unlock its full potential over time, this is a chance to secure a substantial piece of Old Town Basalt in a location where opportunities to create additional value are increasingly rare.

Details

MLS #193651
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1978
Days On Site53
Listing Provided ByAG Aspen | Alexandra George

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet2,324
Garage1
ZoningRes
Acreage0.30

Taxes

Property9240

Area Information

StateCO
CountyEagle
CityBasalt
Zip Code81621
AreaBasalt
Community NameTownsite of Basalt
Listing VS Median (in Townsite of Basalt)
Price:
$3,200,000
low | high
Med:
$1,999,000
87.53125% of Average
sqft:
2,324
low | high
Med:
1,437
88.166953528399% of Average
$ / sqft:
$1,377
low | high
Med:
$1,391
48.971903270703% of Average
On site:
53
low | high
Med:
175
30.285714285714% of Average
Sourced by Back At You

Market Activity 81621

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Contact

Learn More About This Property

Bailey Waldref

Bailey Waldref

Real Estate West Inc

 (970) 274-9062baileywaldref@gmail.com
StateCO
CountyEagle
CityBasalt
Zip Code81621
AreaBasalt
Community NameTownsite of Basalt
Listing VS Median (in Townsite of Basalt)
Price:
$3,200,000
low | high
Med:
$1,999,000
87.53125% of Average
sqft:
2,324
low | high
Med:
1,437
88.166953528399% of Average
$ / sqft:
$1,377
low | high
Med:
$1,391
48.971903270703% of Average
On site:
53
low | high
Med:
175
30.285714285714% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.4M - $4M
sqft: 1,500 - 2,500
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262 Midland Avenue Property Photo 1
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217 Longhorn Lane Property Photo 1
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217 Longhorn Lane
Basalt, CO 81621
227 Midland Avenue 22 Property Photo 1
$8,000
227 Midland Avenue 22
Basalt, CO 81621
Property Photo 1
$8,850

Basalt, CO 81621
Listing Updated: July 3, 2026 at 6:24:10 AM PDT