About This Home

This land at 5045 Frying Pan Road in Basalt, CO is listed for $5,500,000 (22.06 acres).

Key Features

  • 22.06 acre lot
Listing Description

CASTLE VIEW ESTATES | THREE PARCEL LEGACY OPPORTUNITY An extraordinary opportunity to acquire all three parcels of Castle View Estates in the iconic Frying Pan River Valley, encompassing approximately 22.06 acres just five miles from Basalt. Set beneath the dramatic Seven Castles and surrounded by some of Colorado's most spectacular scenery, these

three parcels offer a rare combination of privacy, breathtaking mountain and valley views, a spring-fed pond, valuable water rights, and proximity to the renowned Gold Medal waters of the Frying Pan River. Offered together, the properties present an exceptional opportunity to create a private legacy compound spanning all three parcels, or to develop three distinctive residences, each with its own setting and vision.

The offering includes approximately 4.14 acres at 4959 Frying Pan Road, over 11 acres at 5045 Frying Pan Road, and approximately 6.508 acres at 5129 Frying Pan Road. Towering red cliffs provide a spectacular backdrop while eagles, osprey and herons frequent the valley overhead.

The spring-fed pond and expansive open land further distinguish this remarkable setting. A truly unique opportunity to control three neighboring parcels in one of the Roaring Fork Valley's most coveted and visually striking locations. See site plans and associated documents for individual parcel details, water rights and additional property information.

Perhaps one lucky individual will create a legacy compound on all three lots - or three individuals will place their own vision and build a special home on each property...

Location

5045 Frying Pan Road

Basalt, CO 81621

Castle View

Questions & Answers

This 0-bedroom, 0-bathroom land at 5045 Frying Pan Road is listed at $5,500,000. The estimated monthly payment is $29,515 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $100/month.

Key features include: 22.06 acre lot.

This property is listed by Doug Leibinger and can be reached at 9703799045.

DL

Doug Leibinger

Agent at Compass Colorado LLC

(970) 379-9045

Listed by Compass Colorado LLC · Broker phone: (970) 925-6063 · View on Broker Site

MLS# 194291· Source: Aspen Glenwood MLS· 34 days on PropertySimple

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.

5045 Frying Pan Road, Basalt, CO 81621

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