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The Property Shop Inc - Glenwood Springs Real EstateThe Property Shop Inc - Glenwood Springs Real Estate

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216 E HOMESTEAD DRIVE, BASALT, CO 81621

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216 E Homestead Drive
Basalt, CO 81621

$3,100,000

Beds: 4
Baths: 2 | 1
Sq. Ft.: 2,324
Type: House
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Listing #193651
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.
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Property Features
Location Information
County: Eagle
MLS Area: 05-Basalt Proper
Latitude: 39.370047
Longitude: -107.031965
Minor Area: 05-Basalt Proper
Subdivision: Townsite of Basalt
Directions: On Homestead Drive, to the right of the Church
Interior Features
Full Baths: 2
1/2 Baths: 1
Number of Fireplaces: 1
Heating: Radiant, Baseboard
Cooling: None
Furnished: Partially
Exterior Features
Style: Split Level
Water: Public
Garage Spaces: 1
Lot Size in Acres: 0.3
Condition: Good
Building Total Area (Sq. Ft.): 2,324
Additional Information
Possession: Subject to Lease, Negotiable
Property Type: SFR
Property SubType: Single Family Residence
Year Built: 1978
Status: Active
Tax Year: 2026
Tax Amount: $9,240
Inclusions: Dryer, Oven, Refrigerator, Washer, Dishwasher

Walk Score® by Redfin

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Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Courtesy of AG Aspen (304) 561-8760
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© 2026 Aspen Glenwood Springs MLS. All rights reserved.
© Copyright 2026 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.
AGSMLS data last updated at September 22, 2026, 10:03 PM MT
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1117 Grand Avenue
Glenwood Springs, CO 81601
970.947.9300


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