Last Sold Price
793,663 Lot Size18.22 Acres
396 Castle Ln, Basalt, CO 81621

Description

18 Acres of pure splendor! This incredible homesite located in the heart of Basalt's Frying Pan Valley is just 5 miles from downtown Basalt, and offers some of the most dramatic views in the Valley. You can see for miles both up and down the Frying Pan Valley and over the Frying Pan River. There are 4 well permits in place on the property - 2 of which have been drilled and are complete with pumps - and numerous locations to site your estate. Recent improvements include architectural plans, entry...18 Acres of pure splendor! This incredible homesite located in the heart of Basalt's Frying Pan Valley is just 5 miles from downtown Basalt, and offers some of the most dramatic views in the Valley. You can see for miles both up and down the Frying Pan Valley and over the Frying Pan River. There are 4 well permits in place on the property - 2 of which have been drilled and are complete with pumps - and numerous locations to site your estate. Recent improvements include architectural plans, entry monument as well as fencing around the entire property. There are no covenants and no HOA dues. Enjoy snowmobiling, horseback riding, mountain biking, hiking and fishing right out your door. Ruedi Reservoir is less than 10 miles away where you can boat, sail or paddle board.
LISTING CLOSED: 09/27/2020 06:00 PM

  1. Listed by Garrett Reuss • Aspen Snowmass Sotheby's International Realty-Snowmass Village • (970) 923-2006

Property Details for 396 Castle Lane

Status
MLS #
164896
Days on Market
96
Taxes
$14,484 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Vacant Land / Single Family Lot
Year Built
-
Lot Size
18.22 AC
Sub/Loc
None

Recent comparable sales

Median sold price

$700,000

Avg days on market

289

Sale-to-list ratio

88.5%

Basalt, CO

9 comparable properties found

$950,000 | 22 Bishop Lane, Basalt, CO 81621
1/17
1

$950,000

Sold 06/02/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.85
Acres
a view of a balcony with mountain view
1/13
2

$975,000

Sold 12/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.59
Acres
a view of a mountain in the distance in a field
1/11
3

$700,000

Sold 09/26/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.31
Acres
a view of an ocean beach
1/12
4

$742,500

Sold 10/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
a view of a basketball court
1/8
5

$729,000

Sold 08/27/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
a view of a very nice looking space
1/5
6

$700,000

Sold 08/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
a view of building
1/5
7

$675,000

Sold 09/20/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres
$700,000 | 757 Allison Lane, Basalt, CO 81621
1/2
8

$700,000

Sold 08/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.27
Acres
a picture of a rug in a bathroom
1/12
9

$515,000

Sold 09/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.12
Acres

Location

Listing Courtesy of Aspen Snowmass Sotheby's International Realty-Snowmass Village, Garrett Reuss

Sold By Aspen Snowmass Sotheby's International Realty - Hyman Mall, Michael Perau

Add your commute

Building Information for 396 Castle Lane

Lot Size18.22 AC

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OriginPoint Mortgage or Rocket Mortgage1

$7,815 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,608

Property Taxes

$1,207

HOA Dues

$0

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Property Information for 396 Castle Lane

General Information
Location Details
  • Directions: Frying Pan Road to Knight Road - turn left to Castle Lane - turn right - follow Castle Lane to end. Lot is at the end of Castle Lane.
Key Details
  • Acreage: 10.1 - 20
General Details
  • Parcel #: 246701400002
  • Lot Size: Refer to Acreage
  • Zoning: Residential
  • Lot Size Area: 18.22
  • FAR: Yes
Feature Details
Feature Details
  • Building Features: Yes
  • HOA Dues: $0
  • Lot Description:View: Yes
  • Possible Use: Single Family: Yes
  • Lot Description: Corner Lot: Yes
  • Lot Description: Cul-de-Sac: Yes
  • Lot Description: Steep: Yes
  • Mineral Rights: No: Yes
  • Crops: 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
  • Financing Info: Metro Tax District: No
  • Financing Info: Transfer Tax: No

Property History for 396 Castle Lane

DateEvent & SourcePriceAppreciation
Sep 28, 2020

Sold (Public Record)

Public Record #679010700

$1,300,000

+26.6% / yr

Sep 27, 2020

Sold

Aspen Glenwood MLS #164896

$1,300,000
Aug 28, 2020

Pending

Aspen Glenwood MLS #164896

DateEvent & SourcePrice
09/28/2020

Sold (Public Record)

Public Record #679010700

$1,300,000

+26.6% / yr

09/27/2020

Sold

Aspen Glenwood MLS #164896

$1,300,000
08/28/2020

Pending

Aspen Glenwood MLS #164896

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

Public Records for 396 Castle Lane

Taxable ValueLand$344,160Additions-Total$344,160
Tax Record2025$25,973 ($2,164 / month)
Home Facts
Beds0Lot Size793,663 SqFtStyleMiscellaneous Vacant LandCountyEAGLEAPN2467 014 00 002

Schools near 396 Castle 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: 396 Castle Lane, Basalt, CO 81621
$1,300,000
793,663
3
2
3,009
53,143
2
1
960
3,338,438
2
3
2,164
152,460
$945,000
4
3,764
134,600
$630,000
3
2,526
74,923

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 Aspen Snowmass Sotheby's International Realty-Snowmass Village, Garrett Reuss

All information is deemed reliable, but accuracy is not guaranteed. Listing information is based on information from the Aspen / Glenwood MLS for the period 06/23/2020 06:00 PM through 08/25/2026 05:42 AM. 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 09/03/2024 08:35 PM