Last Sold Price
6,534 Lot Size0.15 Acres
387 Allison Ln, Basalt, CO 81621

Description

Located in the quiet back corner of the Basalt's desirable Southside neighborhood, this is one of the best remaining lots in the area. The parcel is located across from Wildwood Park and the rear of the lot sits adjacent to open space ranch land which is a proposed conservation easement. The FAR for the lot is 35% of lot size plus 50% of closet space, 150 ft mechanical room and 500 sq ft of garage. Driveway approved for access from both North side and South side of the lot. Floodplain revised since...Located in the quiet back corner of the Basalt's desirable Southside neighborhood, this is one of the best remaining lots in the area. The parcel is located across from Wildwood Park and the rear of the lot sits adjacent to open space ranch land which is a proposed conservation easement. The FAR for the lot is 35% of lot size plus 50% of closet space, 150 ft mechanical room and 500 sq ft of garage. Driveway approved for access from both North side and South side of the lot. Floodplain revised since Plat was created. This property is no longer in a floodplain. See attached FEMA documentation/map


NOTE: Buyer to independently verify FAR requirements
LISTING CLOSED: 05/02/2021 06:00 PM

  1. Listed by Layne Shea • Douglas Elliman Real Estate-Hyman Ave • (970) 925-8810

Property Details for 387 Allison Lane

Status
MLS #
169838
Days on Market
32
Taxes
$6,641 / year
HOA Fees
$165 / quarter
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Vacant Land / Single Family Lot
Year Built
-
Lot Size
0.15 AC
Sub/Loc
Southside

Recent comparable sales

Median sold price

$515,000

Avg days on market

218

Sale-to-list ratio

87.1%

Basalt, CO

9 comparable properties found

a view of a lake from a balcony
1/3
1

$500,000

Sold 01/02/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.08
Acres
a picture of a rug in a bathroom
1/4
2

$490,000

Sold 11/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.01
Acres
$458,000 | 400 Southside Drive, Unit LOT 24, Basalt, CO 81621
1/8
3

$458,000

Sold 11/25/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
a picture of a rug in a bathroom
1/12
4

$515,000

Sold 09/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
a view of an swimming pool and lake view
1/9
5

$515,000

Sold 08/21/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.15
Acres
$410,000 | 400 Southside Drive, Unit LOT 13, Basalt, CO 81621
1/8
6

$410,000

Sold 01/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres
a view of a basketball court
1/18
7

$520,000

Sold 09/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.15
Acres
unknown
1/4
8

$651,000

Sold 03/02/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.15
Acres
a view of building
1/5
9

$675,000

Sold 09/20/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres

Location

Listing Courtesy of Douglas Elliman Real Estate-Hyman Ave, Layne Shea

Sold By Douglas Elliman Real Estate-Hyman Ave, Michael Latousek

Add your commute

Building Information for 387 Allison Lane

Lot Size0.15 AC

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$2,972 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,364

Property Taxes

$553

HOA Dues

$55

The Payment Calculator is for illustrative purposes only.

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Property Information for 387 Allison Lane

General Information
Location Details
  • Directions: From Highway 82 turn to Basalt Avenue. Turn right on Fiou Lane, then left on Southside Drive. Left on Meadowview. Rt on Allison Lane.
Key Details
  • Acreage: Refer to Lot Size
General Details
  • Parcel #: 246718117017
  • Lot Size: 6,001 - 12,000
  • Zoning: Single Family
  • Lot Size Area: .15
  • FAR: Yes
Feature Details
Feature Details
  • Payment Per: Quarterly
  • Building Features: Yes
  • HOA Dues: $165
  • Sanitation:Sewer: Yes
  • Possible Use: Single Family: Yes
  • Water Rights: Community: Yes
  • Mineral Rights: No: Yes
  • Sign: Yes
Listing / Finance Information
Listing Information
  • Listing Info: Short Sale: No
  • Listing Info: REO: No
  • Listing Info: Auction: No
  • Listing Info: Foreclosure: No
Financial Information
  • Tax Year: 2019
  • Metro Tax District: No
  • Keywords Info: Total HOA Fee Per Year: $660.00
  • Financing Info: Metro Tax District: No
  • Financing Info: Transfer Tax: No

Property History for 387 Allison Lane

DateEvent & SourcePriceAppreciation
May 3, 2021

Sold (Public Record)

Public Record #1461108782

$465,000
May 2, 2021

Sold

Aspen Glenwood MLS #169838

$465,000
Apr 1, 2021

Pending

Aspen Glenwood MLS #169838

DateEvent & SourcePrice
05/03/2021

Sold (Public Record)

Public Record #1461108782

$465,000
05/02/2021

Sold

Aspen Glenwood MLS #169838

$465,000
04/01/2021

Pending

Aspen Glenwood MLS #169838

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 387 Allison Lane

Taxable ValueLand$128,250Additions-Total$128,250
Tax Record2025$11,061 ($922 / month)
Home Facts
Beds0Lot Size6,534 SqFtStyleResidentialCountyPITKINAPN246718117017

Schools near 387 Allison Lane

This home is within Roaring Fork School District No. Re-1.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
Public - 9 to 12
Rating
School
Distance
Basalt Middle School
Public5 to 8

Basalt High School
Public9 to 12

Basalt Elementary School
PublicPK to 4

Roaring Fork High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 387 Allison Lane, Basalt, CO 81621
$465,000
6,534
$268,750
6,534
$305,000
7,405
$759,000
3
2,539
6,534
$275,000
8,276
$906,000
3
1,989
6,534

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Douglas Elliman Real Estate-Hyman Ave, Layne Shea

All information is deemed reliable, but accuracy is not guaranteed. Listing information is based on information from the Aspen / Glenwood MLS for the period 03/31/2021 06:00 PM through 08/24/2026 10:46 PM. The property information being provided is for the consumer’s personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 05/19/2026 02:23 PM