Date
Details
Price
Change
Source
3/25/2026
Listed
$3,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$3,950,000
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Property Description
Premier Frying Pan Riverfront log home just minutes from the charm and culture of Old Town Basalt. This beautifully updated 3-bedroom, 2.5-bath residence is ideally situated at the end of a private cul-de-sac within the exclusive Peachblow subdivision, consisting of 43+ acres shared by only 13 homes. Enjoy direct river frontage and access to approximately one mile of semi-private, Gold Medal fishing waters. Thoughtfully upgraded with quality finishes, the home blends classic log construction with modern comfort, creating a warm and refined mountain retreat. Expansive patio spaces invite effortless indoor-outdoor living, ideal for al fresco dining, entertaining, or simply taking in the sights and sounds of the Frying Pan River. A dedicated outdoor fire pit provides the perfect gathering place for family and friends--offering a year-round setting for memorable evenings under the Colorado sky. Whether envisioned as a serene weekend escape or a full-time residence, this is a rare opportunity to own a legacy property in one of the Roaring Fork Valley's most treasured riverfront settings.
Full Property Details
Full Property Details for 397 Oak Rd
General
- Price: $3,950,000
- HOA FEE: $54/month
- HOA FEE FREQ.: Annually
- Taxes: $14,452 (2025)
- Status: Active
- Type: Single Family
- Source: 106
- MLS ID: 192129
- Updated: 3/30/2026
- Added to Site: 11 day(s) ago
Rental Information
- Complex Features: Yes
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Furnishings: Partially
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside
Parking
- Parking Features: None
Location
- Area: Basalt
- County: Eagle
- Subdivision: Peachblow
- Driving Directions: From Old Town Basalt, go approximately 8.4 miles up Frying Pan Road to Peachblow PUD (across from Cap K Ranch). Turn right on Oak Road, cross the bridge, bear left and proceed to the end of the road.
Community
- Association: Yes
- Assoc. Fees Include: Management, Water
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Septic
- Water: Community
- Water/Sewer: Septic
- Cable Available: Yes
Structural Information
- Architectural Style: Cabin
- Exterior Const.: Log Siding, Log
- Roof: Metal
- Square Feet: 2,496
- Living Area: 2,496 Sq. Ft.
- Year Built: 1990
- Property Condition: Excellent
Lot Features
- Lot Size (Acres): 0.2
- Lot Size (Sq. Ft.): 8,712
- Lot Features: Cul-De-Sac, Landscaped
- Zoning: Residential
Water Features
- Water Front: Yes
Financial Considerations
- Association Fee: $650
- Assoc Fee Freq.: Annually
- Tax Amount: $14,452.06
- Tax Year: 2025
- Terms: New Loan, Cash
Disclosures and Reports
- Legal Description: SUBDIVISION: PEACHBLOW PUD LOT: 5
- Inclusions: Ceiling Fan, Dryer, Refrigerator, Stove Top, Microwave, Dishwasher
- Property ID: 246909102003
Listed by Aspen Snowmass Sotheby's International Realty-Basalt, Stephanie Williams and Aspen Snowmass Sotheby's International Realty-Basalt, Ted Borchelt
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Listing agents
— 397 Oak Rd —
Stephanie Williams
Aspen Snowmass Sotheby's International Realty-Basalt
Ted Borchelt
Aspen Snowmass Sotheby's International Realty-Basalt
(970) 927-8080
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 397 Oak Rd
School District:Roaring Fork School District Re-1
| Name | Grades | Distance |
|---|---|---|
Basalt Middle School 51 School Street, Basalt, CO 81621 | 5-8 | 7.7 mi |
Basalt Elementary School 151 Cottonwood Drive, Basalt, CO 81621 | PK-4 | 7.8 mi |
Basalt High School 600 Southside Drive, Basalt, CO 81621 | 9-12 | 8.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 397 Oak Rd
Tax History
Tax History for 397 Oak Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,452
5%
$178,920
—
2024
$13,710
3%
$178,540
—
2023
$13,290
56%
$178,540
69%
2022
$8,514
-3%
$105,930
-3%
2021
$8,750
-7%
$108,980
-12%
2020
$9,442
-1%
$123,450
—
2019
$9,532
7%
$123,450
8%
2018
$8,875
6%
$113,860
—
2017
$8,403
-11%
$113,860
-9%
2016
$9,445
—
$125,740
—
2015
$9,489
23%
$125,740
16%
2014
$7,718
3%
$108,150
—
2013
$7,488
—
$108,150
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 397 Oak Rd
397 Oak Road, Basalt, CO 81621 (MLS# 192129) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 397 Oak Road is currently listed for $3,950,000 and was received on March 25, 2026. Want to learn more about 397 Oak Road? Do you have questions about finding other Single Family real estate for sale in Basalt? You can browse all Basalt real estate or contact a Coldwell Banker agent to request more information.