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The town of Basalt was named after the basaltic rock formation on Basalt Mountain and began as a railroad town. Incorporated in 1901, this charming enclave has grown to approximately 4,400 full-time residents. Basalt is located in both Eagle and Pitkin Counties. Basalt is
180 miles from Denver. Just 18 miles from Aspen, and 23 miles from Glenwood Springs and I-70.
Basalt has developed as a spirited art community with many galleries and public art displays. The most prominent displays can be found in Basalt's bustling downtown area. Here you will find locally owned retail shops, galleries, sports outfitters, and world-class restaurants.
The restaurants feature everything from four-course dinners to grab and go burritos, many with seasonal outdoor dining, and farm-to-table ingredients.
The median age of residents is 36, and the median household income is $73,490.
There are several options for schools, public, charter and private schools are all present in town. The public schools are in the Roaring Fork RE-1 School District.
Situated at the confluence of the Roaring fork and Frying Pan Rivers, Basalt highlights gold medal waters for fishing. The Frying Pan River meanders right through downtown Basalt. Just up the Frying Pan is Ruedi Reservoir, a perfect spot for fishing, boating and a multitude of other water activities.
The nearby White River National Forest offers 2.3 million acres of trails, camping, hiking, mountain biking, and hunting. There are many other options for a quick day hike in and around Basalt for varying fitness levels.
While Basalt doesn't have it's own ski resort, Aspen's four mountains are a 30-minute drive away, and Sunlight Mountain Ski Area is about a 45minute drive away.
In Basalt, the summers are warm, dry, and mostly clear and the winters are freezing, snowy, and partly cloudy. Over the course of the year, the temperature typically varies from 11°F to 81°F and is rarely below -3°F or above 87°F. The growing season in Basalt typically lasts for 116 days, from around May 30 to around September 23.
Because of it's proximation to Aspen, Basalt real estate offers more affordable options than that available upvalley. From quaint historic homes to modern lofts, to family homes with mountain views, you'll be sure to find something to suit your taste.
If you are in the Basalt real estate market, the median home price is $732,000. However, for a single-family home, one can expect to spend around the $1,000,000 mark. There are a few homes that come on the market under $700,000 but are sold very quickly because of their high demand.
To give you an idea of the current Basalt real estate market, as of May 2020, there are 29 properties on the market under $1,000,000.
About a dozen are single-family homes and are located just outside of the town limits. They are all under 3000 square feet.
The majority of the Basalt real estate market is in the $1,000,000 to $3,000,000 price point. Currently, there are 53 homes in that price range, many are singly family, and about half are lofts and townhomes in the up and coming Willits area of Basalt. Many of these homes have acreage, while others feature majestic wilderness views or river frontage.
The Basalt real estate market is as diverse as it's history and culture. If you are looking for a small-town mountain community or a perfect place to set up base camp, Basalt is for you.
Because of these wide ranges in the Basalt real estate market, a local expert is your best bet for finding your own piece of the Roaring Fork Valley, and the Colorado lifestyle.
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