GREAT OPPORTUNITY to build a legacy home compound on this 21 acre property in the beautiful Frying Pan River Valley just 4.8 miles from downtown Basalt. Enjoy this 21 acre site with great views and beautiful two acre pond with lots of trees. Plenty of water rights (see summary under documents) for housing and irrigation. The property is currently improved with 3 cabins and 5 mobile home pads that that are currently rented month-to-month and produce gross rental income of $75,600 annually with net income after expenses of about $45,000. Enjoy snowmobiling, hiking, mountain biking right outside your door with boating and sailing at Ruedi Reservoir just a few miles up the road.

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Property Details of 4959 Frying Pan Road

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Listed by and William Small,JD CCIM CLHMS of Coldwell Banker Mason Morse-Aspen ((970) 925-7000)

Listing Sold by Compass Aspen

Based on information submitted to AGMLS as of February 8, 2025 4:44 AM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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