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$3,100,000
 $16,641 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 Site89
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:
$3,100,000
low | high
Med:
$1,789,500
92.274193548387% of Average
sqft:
2,324
low | high
Med:
1,808
72.224612736661% of Average
$ / sqft:
$1,334
low | high
Med:
$1,046
71.551768426587% of Average
On site:
89
low | high
Med:
180
49.444444444444% of Average
Sourced by Back At You

Market Activity 81621

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© Copyright 2026 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.

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Coldwell Banker Distinctive Properties

StateCO
CountyEagle
CityBasalt
Zip Code81621
AreaBasalt
Community NameTownsite of Basalt
Listing VS Median (in Townsite of Basalt)
Price:
$3,100,000
low | high
Med:
$1,789,500
92.274193548387% of Average
sqft:
2,324
low | high
Med:
1,808
72.224612736661% of Average
$ / sqft:
$1,334
low | high
Med:
$1,046
71.551768426587% of Average
On site:
89
low | high
Med:
180
49.444444444444% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 6:41:07 PM PDT

Emma Shaw - Coldwell Banker Distinctive Properties