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2 Beds
3 Baths
1,904 sqft

$3,250,000

768 Kings Lake Road, Basalt CO, 81621

Price per sqft$1,706.93
Built in2013
Property size1,904 sqft
Property typeResidential

Overview

Active

Listed Jun 5, 2026

Updated 9 days ago

Set on five private acres with almost 190 feet of direct Gold Medal Frying Pan River frontage, 768 Kings Lake Road offers true fish-in/fish-out access in one of Colorado's most coveted river corridors. This is a rare stretch of the Frying Pan, private, usable, and immediately accessible from your own land.Built in 2013 and maintained in excellent condition, the 1,904-square-foot home features 2 bedrooms and 3 baths in a functional split-level layout. Large windows frame the surrounding landscape, and the constant sound of the river defines the experience, quiet, immersive, and distinctly Colorado. The setting feels secluded while remaining just 6 miles from Old Town Basalt, 7 miles from Ruedi Reservoir, and within 30 minutes of Aspen and Snowmass. The seller has invested approximately $250,000 in improvements, including completed fire mitigation that creates meaningful defensible space and enhances long-term resilience. The property also includes conceptual plans by F&M Architects for a thoughtfully designed expansion featuring a guest suite, 2-car garage, and additional flex space, offering a clear path to grow into a more substantial riverfront compound without the delays and uncertainty of starting from scratch. The lifestyle here is immediate and year-round: world-class fly fishing at your doorstep, direct access to hiking, biking, and backcountry terrain in the surrounding White River National Forest, plus boating and fishing at nearby Ruedi Reservoir. The acreage offers an appealing balance of usability and privacy, complemented by existing outdoor living spaces and accessory structures. Opportunities with this combination of acreage, privacy, and direct Frying Pan River frontage are increasingly scarce. Whether as a primary residence, second home, or long-term hold with expansion upside, 768 Kings Lake Road stands out as a compelling and hard-to-replace offering in the Frying Pan Valley. 5.01 Acres | 1,904 SF | 2 Bed / 3 Bath | Built 2013 | ~190' Frying Pan River Frontage | Expansion Plans Included

$21,622/mo

Est. mortgage payment based on a $3,250,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
193161

Interior Features

Bedrooms
2
Bathrooms
3
Heating
Yes
Basement
No

Exterior Features

Lot Size
5.01 Acres

Other Property Details

Taxes
$13,441
Tax Frequency
Annually
Waterfront
Yes
MLS provider logo

Listed by Chris J. Klug with Aspen Snowmass Sotheby's International Realty - Hyman Mall, Listing Contact: (970) 925-6060 

The IDX display contains information sourced from the Aspen Glenwood MLS as of 9/28/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/28/2026 at 3:37 AM UTC

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