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For sale
  • $5,750,000

    2240 Old Herron Rd, Basalt, CO 81621

    5beds
    5,421sqft
    : 
    Single Family Residence
    Built in 1991
    35.83 Acres Lot
    $-- Zestimate®
    $1,061/sqft
    $1,667/mo HOA

    What's special

    Lush gardensBeautifully redesigned fireplaceTack roomEquestrian centerCharming garage apartmentPeaceful water featuresWinter cross-country ski trails
    If you've been dreaming of privacy, acreage, and proximity to Aspen, this 35-acre mountain compound delivers it all—surrounded on three sides by National Forest and BLM land, with unmatched access to Colorado's natural beauty. Set in the coveted Sopris Mountain Ranch beneath the iconic Mt. Sopris, this rare retreat offers year-round adventure with direct trail access, an equestrian center, and winter cross-country ski trails—just 30 miles from Aspen and minutes to the Roaring Fork Club and Whole Foods. The main residence has been thoughtfully renovated, featuring a modern kitchen with all-new appliances (excluding the refrigerator), sleek finishes, and abundant natural light. The living room is light, bright, and welcoming, with new engineered wood flooring, updated windows, and a beautifully redesigned fireplace with new stonework as a stunning focal point. The main level also includes a new powder room and dedicated office space. Upstairs, the primary suite offers a private deck, updated bathroom, a large walk-in closet, and an additional flex/office room—perfect for a nursery, workout space, or creative studio. A newly enclosed upper layout enhances privacy and functionality. Additional upgrades throughout the home include new siding, a new furnace, a new water heater, and fresh paint. A refreshed ADU (Accessory Dwelling Unit) with updated kitchen, doors, lighting, windows, and flexible bedroom/storage area. A charming garage apartment above the detached 4-car garage with a new mudroom entry, updated kitchen and bath, added closets, hand-painted floors, and new furnace and water heater (2023). Enjoy peaceful water features, expansive decks, lush gardens, a workshop, and a tack room. HOA amenities include an equestrian boarding facility, a 4-bedroom guesthouse for overflow visitors, and groomed ski trails in the winter.
    284 days
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    410
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    6
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    Zillow last checked: 7 hours ago

    Listing updated: March 12, 2026 at 11:51am

    Listed by:

    Mary Kate Farrell (970)925-8810,

    Douglas Elliman Real Estate-Hyman Ave

    Source: AGSMLS,MLS#: 188759

    Tour with a local agent

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 6
      • Full bathrooms: 4
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Radiant, Hot Water, Baseboard
      Cooling
      • None
      Appliances
      • Laundry: Inside
      Features
      • Basement: Crawl Space
      • Has fireplace: Yes
      • Fireplace features: Gas, Wood Burning
      Interior area
      • Total structure area: 5,421
      • Total interior livable area: 5,421 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Garage
      • Garage spaces: 4
      Lot
      • Size: 35.83 Acres
      • Features: Cul-De-Sac, Interior Lot, Landscaped
      Details
      • Parcel number: 246534201003
      • Zoning: SF RES

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding, Stone Veneer, Stone, Frame
      • Foundation: Slab
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1991

      Utilities & green energy

      • Water: Well
      • Utilities for property: Propane

      Community & HOA

      Community
      • Security: Security System
      • Subdivision: Sopris Mountain Ranch
      HOA
      • Has HOA: Yes
      • Amenities included: Management
      • Services included: Management, Snow Removal, Maintenance Grounds
      • HOA fee: $20,000 annually
      Location
      • Region: Basalt

      Financial & listing details

      • Price per square foot: $1,061/sqft
      • Tax assessed value: $4,896,800
      • Annual tax amount: $25,357
      • Date on market: 6/17/2025
      • Listing terms: New Loan,Cash
      • Inclusions: Ceiling Fan, Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Stove Top, Range, Microwave, Dishwasher
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $8,786/mo

        Price history

        Price history
        DateEventPrice
        6/17/2025Listed for sale$5,750,000+220.3%$1,061/sqft
        Source: AGSMLS #188759 Report a problem
        9/14/2020Sold$1,795,000$331/sqft
        Source: Public Record Report a problem
        7/15/2020Pending sale$1,795,000$331/sqft
        Source: Aspen Snowmass Sotheby's International Realty-Hyman Mall #165126 Report a problem
        7/7/2020Price change$1,795,000-9.8%$331/sqft
        Source: Aspen Snowmass Sotheby's International Realty-Hyman Mall #165126 Report a problem
        3/30/2020Listed for sale$1,990,000+12.1%$367/sqft
        Source: Owner Report a problem
        10/27/2019Listing removed$1,775,000$327/sqft
        Source: Owner Report a problem
        7/26/2019Listed for sale$1,775,000-2.7%$327/sqft
        Source: Owner Report a problem
        3/15/2019Listing removed$1,825,000$337/sqft
        Source: Engel & Volkers Aspen #154944 Report a problem
        8/28/2018Price change$1,825,000-5.2%$337/sqft
        Source: Engel & V�lkers #154944 Report a problem
        6/29/2018Price change$1,925,000-2.5%$355/sqft
        Source: ENGEL & VOLKERS #154944 Report a problem
        3/31/2018Listed for sale$1,975,000-12.2%$364/sqft
        Source: Compass #153277 Report a problem
        12/2/2017Listing removed$2,250,000$415/sqft
        Source: Palladium Properties #149995 Report a problem
        7/14/2017Listed for sale$2,250,000-11.8%$415/sqft
        Source: Palladium Properties #149995 Report a problem
        11/1/2016Listing removed$2,550,000+8.5%$470/sqft
        Source: Palladium Properties #139926 Report a problem
        12/4/2012Listing removed$2,350,000$433/sqft
        Source: Aspen Snowmass Sotheby's International Realty #127644 Report a problem
        12/6/2011Listed for sale$2,350,000-9.4%$433/sqft
        Source: Mason Morse Real Estate #123536 Report a problem
        4/17/2011Listing removed$2,595,000$479/sqft
        Source: Mason Morse Real Estate #118008 Report a problem
        1/21/2011Price change$2,595,000-7.2%$479/sqft
        Source: Mason Morse Real Estate #118008 Report a problem
        8/28/2010Listed for sale$2,795,000-34.9%$516/sqft
        Source: Mason Morse Real Estate #118008 Report a problem
        7/21/2008Listing removed$4,295,000$792/sqft
        Source: MyZoom #106171 Report a problem
        7/7/2008Listed for sale$4,295,000$792/sqft
        Source: MyZoom #106171 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$21,306 +5.6%$306,060 +11.4%
        2024$20,172 +70.9%$274,730 -0.6%
        2023$11,804 -2.5%$276,380 +91.8%
        2022$12,112 $144,100 -2.8%
        2021-- $148,250 -13.6%
        2020$13,429 -0.4%$171,560
        2019$13,483 -12.9%$171,560 -0.7%
        2018$15,476 $172,760 +7.4%
        2017$15,476 +27.9%$160,830 -2.3%
        2016$12,098 -4.3%$164,600
        2015$12,637 +10.2%$164,600 +5.1%
        2014$11,472 $156,610
        2013-- $156,610 -21.3%
        2012$13,189 $199,110
        2011-- $199,110 -28.5%
        2010-- $278,600
        2009-- $278,600 +23.4%
        2008$13,237 +20.1%$225,750
        2006$11,019 +7.6%$225,750 +29.9%
        2005$10,238 $173,770 +11.7%
        2004-- $155,550
        2003-- --
        2002-- --
        2001-- --
        2000-- --
        1999-- $774,200

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $33,030/mo
        Principal & interest
        $29494
        Property taxes
        $1869
        HOA Fees
        $1667
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