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$1,145,000 New to Website

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1,420 Sq. Ft.
  • Updated 3 days ago
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Refined and move-in ready, this three-bed/3 bath, 2-story townhome in the Villas at Elk Run offers comfortable mountain living in one of Basalt's most convenient locations. Vaulted kitchen, dining, and living areas fill with northeast light, while a private deck overlooks the greenbelt--a quiet, green outlook just steps from town. The kitchen was renovated in 2021 and appointed with granite countertops, stainless GE appliances, and updated Craftmade cabinetry with soft-close drawers. Bathrooms were refreshed the same year with new flooring, vanities, and fixtures. The gas fireplace anchors the living area beneath a new mantle and tile surround, and recent updates include a 2018 boiler and refreshed blinds. The primary and secondary bedrooms are on the main floor with the enclosed lofted 3rd bedroom and bathroom upstairs. An attached one-car garage adds everyday ease, and the HOA welcomes up to two dogs. The location is ideal; within walking distance of Basalt's elementary and middle schools, parks, the pool, tennis courts, and the shops and restaurants of downtown Basalt. A distinctive opportunity for a primary residence, a valley foothold, or a smart long-term hold in the heart of the Roaring Fork Valley.

Full Property Details for 5203 Elk Ln

General

  • Price: $1,145,000
  • HOA FEE: $643/month
  • Taxes: $5,052 (2025)
  • Status: Active
  • Type: Condo
  • Source: 106
  • MLS ID: 193407
  • Updated: 6/19/2026
  • Added to Site: 3 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Furnishings: Unfurnished

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Hall

Additional Information

  • Shared Amenities: Pets Allowed/Owner, Pets Allowed/Renter

Parking

  • Parking Features: Common

Location

  • Area: Basalt
  • County: Pitkin
  • Subdivision: Villas @ Elk Run
  • Driving Directions: From Aspen: Hwy 82, turn right onto Two Rivers Road, turn right onto Elk Run Drive, turn left into the Villas at Elk Run, 2nd building on the right. From Down Valley: Hwy 82, turn left onto Two Rivers Road, turn turn right onto Elk Run Drive, turn left into the Villas at Elk Run, 2nd building on the right. 2nd buildig on the right; enter up middle staircase

Community

  • Association: Yes
  • Assoc. Fees Include: Contingency Fund, Management, Insurance, Water, Trash, Snow Removal, Sewer, Maintenance Grounds

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water, Natural Gas, Baseboard

Utilities

  • Water: Public
  • Cable Available: Yes

Structural Information

  • Architectural Style: Other
  • Exterior Const.: Wood Siding, Frame
  • Roof: Composition
  • Square Feet: 1,420
  • Living Area: 1,420 Sq. Ft.
  • Year Built: 1995
  • Property Condition: Good

Lot Features

  • Zoning: Multi-family

Financial Considerations

  • Association Fee: $643
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $5,052.76
  • Tax Year: 2025
  • Terms: New Loan, Cash

Disclosures and Reports

  • Legal Description: SUBDIVISION: VILLAS AT ELK RUN UNIT: 5203
  • Inclusions: Ceiling Fan, Dryer, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Property ID: 246717228049

Listed by Aspen Snowmass Sotheby's International Realty - Hyman Mall, Sally Shiekman

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Listing agent

— 5203 Elk Ln —

  • Sally Shiekman

    Aspen Snowmass Sotheby's International Realty - Hyman Mall

(970) 925-6060

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5203 Elk Ln

School District:Roaring Fork School District Re-1
NameGradesDistance
Basalt Middle School
51 School Street, Basalt, CO 81621
5-80.2 mi
Basalt Elementary School
151 Cottonwood Drive, Basalt, CO 81621
PK-40.2 mi
Basalt High School
600 Southside Drive, Basalt, CO 81621
9-120.8 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 5203 Elk Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/19/2026
Listed
$1,145,000
147.3%
MLS
5/13/2019
Sold
$463,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5203 Elk Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,053
44%
$55,190
38%
2024
$3,518
5%
$40,110
-7%
2023
$3,349
10%
$43,210
31%
2021
$3,032
1%
$33,100
3%
2022
$3,002
-5%
$32,180
-7%
2020
$3,176
—
$34,430
—
2019
$3,176
24%
$34,430
27%
2018
$2,556
5%
$27,180
—
2017
$2,435
5%
$27,180
7%
2016
$2,313
2%
$25,380
—
2015
$2,267
26%
$25,380
21%
2014
$1,806
3%
$20,970
—
2013
$1,758
—
$20,970
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Aspen Snowmass Sotheby's International Realty - Hyman Mall, Sally Shiekman

5203 Elk Lane, Basalt, CO 81621 (MLS# 193407) is a Condo property with 3 bedrooms and 3 full bathrooms. 5203 Elk Lane is currently listed for $1,145,000 and was received on June 19, 2026. Want to learn more about 5203 Elk Lane? Do you have questions about finding other Condo real estate for sale in Basalt? You can browse all Basalt real estate or contact a Coldwell Banker agent to request more information.

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