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$1,125,000
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Property Description
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
Full Property Details for 5203 Elk Ln
General
- Sold For: $1,125,000
- HOA FEE: $643/month
- Taxes: $5,052 (2025)
- Status: Closed
- Type: Condo
- Source: 106
- MLS ID: 193407
- Added to Site: 74 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
Sold by Coldwell Banker Mason Morse-Willits, Bronwyn Anglin
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Schools
Schools serving 5203 Elk Ln
School District:Roaring Fork School District Re-1
| Name | Grades | Distance |
|---|---|---|
Basalt Middle School 51 School Street, Basalt, CO 81621 | 5-8 | 0.2 mi |
Basalt Elementary School 151 Cottonwood Drive, Basalt, CO 81621 | PK-4 | 0.2 mi |
Basalt High School 600 Southside Drive, Basalt, CO 81621 | 9-12 | 0.8 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
Date
Details
Price
Change
Source
7/24/2026
Sold
$1,125,000
-1.75%
MLS
6/19/2026
Listed
$1,145,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5203 Elk Lane, Basalt, CO 81621 (MLS# 193407) is a Condo property that was sold at $1,125,000 on July 24, 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.
