$3,850,000

On the Frying Pan -- In the Heart of Basalt. Some homes are close to town. This one is town. Situated on the banks of the Frying Pan River with Old Town Basalt literally steps from your door, this is one of the rarest addresses in the Roaring Fork Valley. Built in 1940 as one of the valley's original cabins, the home holds its history well. Original stonework and period craftsmanship give it a warmth and authenticity that simply can't be replicated. Over the decades it has grown into a full-time residence with three bedrooms, three baths, a two-car garage, and an Italian-style chef's kitchen. Walk out the front door and you're in the middle of Old Town -- the restaurants, shops, and community that have made Basalt one of the most celebrated small towns in the Mountain West. Walk out the back and you're on the river, with some of the finest dry-fly water in Colorado at your feet. The spacious flagstone patio bridges both worlds, offering a living space that is equal parts gathering place and front-row seat to the Frying Pan. See 'Documents' tab for renderings by ZGroup Architecture & Interior Design offer a vision for what this property could become -- honoring its history while expanding its potential. Long admired and rarely offered, this is the kind of property that defines a place -- and a life.