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Opportunities like this rarely come along in Old Town Basalt. Set on an approximately 11,000 SF lot just one block from downtown, 216 E. Homestead offers a four-bedroom home surrounded by mature gardens, fruit trees, and established landscaping. A lower-level kitchenette and a flexible fourth room for living, dining, or office use make the home immediately livable, and the furniture is available to a buyer if wanted. What truly sets this offering apart is the upside. A planning analysis has already identified the remaining FAR, and a concept design for a 1,500 SF two-bedroom ADU has been prepared, leaving approximately 500 SF to expand the existing home. Whether a ...buyer enjoys the property as it is today or builds toward its full potential, this is a rare chance to secure a piece of Old Town Basalt with real room to grow.
Data Source: Aspen Glenwood Springs MLS
MLS#: 195154
Data Source Copyright: © 2026 Aspen Glenwood Springs MLS All rights reserved.
This property was listed on 11/11/2026 and last updated as of 11/11/2026 7:22:06 PM. OSI IDX updated the data from Aspen Glenwood Springs MLS on 11/15/2026 at 3:27 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.