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$900,000
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Property Description
A true gem nestled in the heart of Basalt, this charming 2-bedroom, 2-bathroom end unit offers vaulted ceilings, abundant natural light, and two private balconies. The open-concept floorplan creates a seamless flow throughout the home, perfect for both relaxing and entertaining. Cozy up by the gas fireplace on chilly evenings or enjoy your morning coffee from either balcony. The kitchen, bathrooms, and flooring were tastefully updated in 2017 including new cabinetry, countertops, and stainless-steel appliances. In 2023 the light fixtures were updated and a new Laars boiler was installed. There are a stackable washer and dryer conveniently located off the kitchen, as well as a spacious storage cubby above the stairs leading to the garage. The unit includes a one-car garage with shelving for storage plus an additional unassigned parking space within the complex. Ideally located within walking distance to the Roaring Fork River, Arbaney Park, Rio Grande Trail, Basalt High School, the Basalt swimming pool, and all the shops, dining, and activities downtown Basalt has to offer. Whether your clients are searching for a full-time residence, mountain getaway, or investment opportunity, this property offers exceptional flexibility and value.
Full Property Details
Full Property Details for 7204 Elk Ln
General
- Price: $900,000
- HOA FEE: $464/month
- Taxes: $4,138 (2025)
- Status: Active
- Type: Condo
- Source: 106
- MLS ID: 193147
- Updated: 6/5/2026
- Added to Site: 17 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
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: From Two Rivers Road enter Elk Run Subdivision. Take first left onto Elk Lane which is the entrance to Villas at Elk Run. Unit 7204 is on second floor and will be in the first building on your right. Use the exterior stairs adjacent to the parking lot.
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: Contemporary
- Exterior Const.: Wood Siding, Stucco, Frame
- Roof: Composition
- Square Feet: 1,026
- Living Area: 1,026 Sq. Ft.
- Year Built: 1995
- Property Condition: Excellent
Lot Features
- Lot Features: Corner Lot, Landscaped
- Zoning: Residential
Financial Considerations
- Association Fee: $464
- Assoc Fee Freq.: Monthly
- Tax Amount: $4,138.92
- Tax Year: 2025
- Terms: New Loan, Cash
Disclosures and Reports
- Legal Description: SUBDIVISION: VILLAS AT ELK RUN UNIT: 7204
- Inclusions: Ceiling Fan, Dryer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Range, Microwave, Dishwasher
- Property ID: 246717228068
Listed by Pinnacle Properties & Development, Kelley Burke
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Schools
Schools serving 7204 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 | 0.3 mi |
Basalt High School 600 Southside Drive, Basalt, CO 81621 | 9-12 | 0.7 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 7204 Elk Ln
Date
Details
Price
Change
Source
6/05/2026
Listed
$900,000
31.39%
MLS
1/19/2023
Sold
$685,000
—
Public Record
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
Tax History for 7204 Elk Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,139
41%
$45,210
35%
2024
$2,930
5%
$33,400
-8%
2023
$2,789
-6%
$36,430
12%
2021
$2,967
1%
$32,390
3%
2022
$2,937
22%
$31,480
20%
2020
$2,410
—
$26,130
—
2019
$2,410
6%
$26,130
8%
2018
$2,281
10%
$24,260
5%
2017
$2,069
5%
$23,100
7%
2016
$1,966
2%
$21,570
—
2015
$1,927
26%
$21,570
21%
2014
$1,535
3%
$17,820
—
2013
$1,494
—
$17,820
—
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 7204 Elk Ln
7204 Elk Lane, Basalt, CO 81621 (MLS# 193147) is a Condo property with 2 bedrooms and 2 full bathrooms. 7204 Elk Lane is currently listed for $900,000 and was received on June 05, 2026. Want to learn more about 7204 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.
