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$965,000
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Property Description
Discover the best value in Basalt with this inviting 3-bedroom, 3-bathroom residence, ideally located within walking distance to Arbaney Park, the community swimming pool, local restaurants, and bus stops. Situated in the sought-after Elk Run neighborhood, this home combines convenience with comfort. The interior features vaulted ceilings and maple wood floors that create a warm, airy atmosphere. The open layout flows seamlessly into the living and dining areas, making it perfect for both everyday living and entertaining. A one-car garage provides added convenience, and the home's high ceilings enhance the sense of space throughout. Whether you're looking for a primary residence, a mountain retreat, or an investment opportunity, this property offers exceptional versatility. As the most affordable 3-bedroom option in downtown Basalt or Elk Run, it's a rare chance to own in one of the valley's most desirable locations.
Full Property Details
Full Property Details for 7203 Elk Ln
General
- Sold For: $965,000
- HOA FEE: $610/month
- Taxes: $3,574 (2024)
- Status: Closed
- Type: Condo
- Source: 106
- MLS ID: 190090
- Added to Site: 100 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Hall
Additional Information
- Shared Amenities: Management, Pets Allowed/Owner, Pets Allowed/Renter
Parking
- Parking Features: Common
Location
- Area: Basalt
- County: Pitkin
- Subdivision: Villas @ Elk Run
- Driving Directions: Going down valley, right on Two Rivers, Right on Elk Run, First left on Elk Ln. First building on right.
Community
- Association: Yes
- Assoc. Fees Include: Contingency Fund, Management, Sewer, Insurance, Trash, Snow Removal, Maintenance Grounds
Heating & Cooling
- Heating Type: Hot Water, Natural Gas, Baseboard
Utilities
- Water: Public
- Cable Available: Yes
Structural Information
- 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
- Lot Features: Interior Lot, Landscaped
- Zoning: Res
- Fencing (Description): Fence
Financial Considerations
- Association Fee: $610
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,574.2
- Tax Year: 2024
- Terms: New Loan, Cash
Disclosures and Reports
- Legal Description: Subdivision: VILLAS AT ELK RUN Unit: 7203
- Inclusions: Ceiling Fan, Dryer, Oven, Refrigerator, Washer, Range, Microwave, Dishwasher
- Property ID: 246717228067
Listed by Slifer Smith & Frampton RFV, Andrew Albee
Sold by Compass Aspen, Corey Crocker
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Schools
Schools serving 7203 Elk Ln
School District:Roaring Fork School District Re-1
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7203 Elk Ln
Date
Details
Price
Change
Source
11/26/2025
Sold
$965,000
-1.03%
MLS
9/11/2025
Listed
$975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7203 Elk Lane, Basalt, CO 81621 (MLS# 190090) is a Condo property that was sold at $965,000 on November 26, 2025. Want to learn more about 7203 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.
