Listing provided courtesy of Aspen Snowmass Sotheby's International Realty - Hyman Mall- MLS# 191360MLS ProviderSource MLS VerifiedContact Information: (970) 925-6060

740 Hearthstone DriveBasalt, CO 81621

Single Family · 3 Beds · 3 Full Baths · 1 Half Bath · 3,146 Sq. ft. | 0.17 Acres
$2,099,000 Active

740 Hearthstone Drive Overview

Time on Site:
166 days
Visits:
1

Priced to move at $667 per square foot, this home currently represents the lowest price per square foot among single-family residences in the area--an exceptional value that leaves room for the updates you envision. Discover a true diamond in the rough on one of the most desirable streets in the highly sought-after Elk Run neighborhood of Basalt--one of the valley's premier family-friendly communities. Built with solid great bones, it presents an opportunity for personalization and significant upside through updates and remodeling. The spacious living room is open to the kitchen and dining area. A main floor office is convenient and functional. Upstairs, the large primary suite has a dramatic vaulted ceiling, a double-sink bathroom, and a large walk-in closet, as well as 2 more bedrooms and a full bath. The lower level features an oversized family room that offers flexibility--a portion of it could easily be converted into an additional bedroom, complete with a closet and full bathroom. A front and rear deck. The oversized two-car garage provides abundant extra storage. The backyard is ideal for pets. A rare chance to create value and equity in this prime location, walking distance to downtown Basalt.

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740 Hearthstone Drive Facts & Features

  • Type Single Family
  • Sq. ft. 3,146
  • Price/Sq.ft. $667
  • Lot 0.17 Acres

Details

General

Building Information

  • New Construction: false
  • Year Built: 1996

Location/Region

  • County Or Parish: Pitkin
  • MLS Area Major: Basalt
  • MLS Area Minor: 05-Basalt Proper
  • Subdivision Name: Elk Run

Tax Information

  • Tax Annual Amount: 8706.96
  • Tax Year: 2024

General Information

  • Disclosures: Seller Lic RE Agent
  • Furnished: Unfurnished
  • Inclusions: Dryer, Oven, Refrigerator, Window Coverings, Range, Microwave, Dishwasher
  • Listing Terms: New Loan,Cash
  • Parcel Number: 246717201017
  • Property Condition: Average
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Zoning: Residential

Interior

Parking Information

  • Garage: true

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 3

Building Interior

  • Building Area Total: 3146.0

General Information

  • Fireplace Features: Gas
  • Fireplace: true
  • Fireplaces Total: 1
  • Laundry Features: Inside
  • Leasable Area Units: Yes
  • Living Area: 3146.0
  • Rooms Total: 0

Exterior

Lot Information

  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Square Feet: 7219.0
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Direction Faces: Southwest

General Information

  • Utilities: Natural Gas Connected

740 Hearthstone Drive Neighborhood

Community

81621 (BASALT) Demographics

41
Median Age
28
Population Density (per sq. mile)
48%
College Educated
$101,470
Estimated Median Income
1,659
Estimated Total Home Owners
798
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

740 Hearthstone Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

740 Hearthstone Drive Market Data

Based on the last 30 days in this zip code

$2,506,691
Average List Price
$1,404
Average Price per Square Foot
8
Properties Sold
239
Average Days on Market
131
Properties for Sale
Calculations provided by Reliance Network

740 Hearthstone Drive History

Date Event Value Agent
6/23/2026Source: Aspen Glenwood MLS Price Reduction
$2,099,000 -4.6%
3/16/2026Source: Aspen Glenwood MLS Price Reduction
$2,200,000 -11.2%
1/15/2026Source: Aspen Glenwood MLS Added to Database
January 15, 2026