7203 Elk Ln

Basalt CO 81621

1420 sq. ft.

Condo

Last sold for $965,000

Andrew Albee, last sold this property on 26 November 2025 after -225 days on market.

Overview

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.

Features

3 bedrooms

3 bathrooms

1 carspace

1 garage space

1420 sq. ft. floor area

Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Basalt over the last 12 months, the estimated median property value of 7203 Elk Ln is $1.28m.

Median value

$1.28m

Estimated value range

$965k - $2.65m

Median days on market

Estimated value trend

-62%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Basalt. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7203 Elk Ln

2025

Sold

$965,000

26 Nov 2025 by Andrew Albee, of Slifer Smith & Frampton RFV

2020

Sold

$515,000

30 Jun 2020 by Ginger Swenson, of Ginger Swenson Properties

2019

Sold

$450,000

29 Apr 2019 by Craig Ward, of Aspen Snowmass Sotheby's International Realty - Hyman Mall

Happy sellers in Basalt

We have insufficient information to provide an overview of customer satisfaction for Basalt. Viewing the agent profiles, reviews and sales for Basalt can provide insights for this location.