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4 Beds
3 Baths
2,324 sqft

$3,100,000

216 E Homestead Drive, Basalt CO, 81621

Price per sqft$1,333.91
Built in1978
Property size2,324 sqft
Property typeResidential

Overview

Active

Listed Jul 3, 2026

Updated 2 weeks ago

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.

$20,624/mo

Est. mortgage payment based on a $3,100,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
193651

Interior Features

Bedrooms
4
Bathrooms
3
Fireplace
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.3 Acres

Other Property Details

Taxes
$9,240
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listed by Alexandra George with AG Aspen, Listing Contact: (304) 561-8760 

The IDX display contains information sourced from the Aspen Glenwood MLS as of 9/3/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Aspen Glenwood MLS all rights reserved.

Data last updated on 9/3/2026 at 11:20 PM UTC

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