# 5045 Frying Pan Road, Basalt, CO 81621

> **TL;DR:** land, $5,500,000. Est. $29,515/mo. Listed 24 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $5,500,000 |
| Lot Size | 960,934 sqft (22.06 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 24 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $27,811 |
| Estimated Insurance | $1,604 |
| HOA | $100 |
| **Total** | **$29,515** |

## Property Highlights

- 22.06 acre lot

## Description

### Agent 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

- **Address:** 5045 Frying Pan Road, Basalt, CO 81621
- **County:** Eagle
- **Neighborhood:** Castle View
- **Coordinates:** 39.382926, -106.955369
- **Google Maps:** https://www.google.com/maps?q=39.382926,-106.955369

## Listing Agent

- **Name:** Doug Leibinger
- **Brokerage:** Compass Colorado LLC
- **Phone:** 9703799045
- **Broker Phone:** (970) 925-6063
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/5045-Frying-Pan-Rd_Basalt_CO_81621_M99452-35942?f=listhub&s=AGSMLS&m=194291&c=propsimple)

## Photos

![5045 Frying Pan Road - Photo 1](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f1279885155r.jpg)

![5045 Frying Pan Road - Photo 2](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f3299544703r.jpg)

![5045 Frying Pan Road - Photo 3](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f1416642971r.jpg)

![5045 Frying Pan Road - Photo 4](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f3006402753r.jpg)

![5045 Frying Pan Road - Photo 5](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f3951976382r.jpg)

![5045 Frying Pan Road - Photo 6](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f2483350983r.jpg)

![5045 Frying Pan Road - Photo 7](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f4044228586r.jpg)

![5045 Frying Pan Road - Photo 8](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f1497871755r.jpg)

![5045 Frying Pan Road - Photo 9](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f893815233r.jpg)

![5045 Frying Pan Road - Photo 10](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f3595311372r.jpg)

![5045 Frying Pan Road - Photo 11](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f3246238082r.jpg)

![5045 Frying Pan Road - Photo 12](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f590816583r.jpg)

![5045 Frying Pan Road - Photo 13](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f2517038684r.jpg)

![5045 Frying Pan Road - Photo 14](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f3581367149r.jpg)

![5045 Frying Pan Road - Photo 15](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f183299234r.jpg)

![5045 Frying Pan Road - Photo 16](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f3837088731r.jpg)

![5045 Frying Pan Road - Photo 17](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f4105826708r.jpg)

![5045 Frying Pan Road - Photo 18](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f1171981928r.jpg)

![5045 Frying Pan Road - Photo 19](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f3792754141r.jpg)

![5045 Frying Pan Road - Photo 20](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f1121199755r.jpg)

![5045 Frying Pan Road - Photo 21](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f923442118r.jpg)

![5045 Frying Pan Road - Photo 22](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f1374047389r.jpg)

![5045 Frying Pan Road - Photo 23](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f2627890547r.jpg)

![5045 Frying Pan Road - Photo 24](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f192090095r.jpg)

![5045 Frying Pan Road - Photo 25](http://lh.rdcpix.com/8d8468a00eb891294968dc324beb4a69l-f247873534r.jpg)

---

**MLS#:** 194291 | **Updated:** 2026-09-03
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/5045-frying-pan-road-basalt-co-81621-s194291)

---

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