About This Home

This 4-bedroom, 3-bathroom single family at 216 E Homestead Drive in Basalt, CO is listed for $3,200,000 ($1,377 per sqft). Built in 1978, the home offers 2,324 sqft of living space on a 0.30 acres lot.

Key Features

  • Built in 1978
  • 0.30 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
2 full, 1 half
1978

Amenities

Fireplace
Listing 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.

Monthly Cost Estimate

$17,114/mo

20% down · 6.5% · 30 years

Principal$2,314
Interest$13,867
Insurance$933

Estimates only. Actual payments may vary.

Location

216 E Homestead Drive

Basalt, CO 81621

Townsite of Basalt

Property Details

Construction

Wood Siding Frame

Heating

BaseboardRadiant

Questions & Answers

This 4-bedroom, 3-bathroom single family at 216 E Homestead Drive is listed at $3,200,000 ($1,377/sqft). The estimated monthly payment is $17,114 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1978, 0.30 acre lot, 2 stories, Fireplace.

This property is listed by Alexandra George and can be reached at 3045618760.

AG

Alexandra George

Agent at AG Aspen

(304) 561-8760

Listed by AG Aspen · View on Broker Site

MLS# 193651· Source: listhub· 2 days on market

Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

216 E Homestead Drive, Basalt, CO 81621

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