5548 Frying Pan Rd Basalt, CO 81621
Property details
About 5548 Frying Pan Rd
Mountain Living Along the Frying Pan River- Tucked along the banks of the gold-medal Frying Pan River, just five miles from Basalt, Porcupine Ranch is an extraordinary 73.87-acre legacy estate designed for those who seek absolute privacy, world-class fly fishing, and a true connection to nature. Spanning three meticulously curated parcels that are separately deeded to be developed or owned as one legacy estate, this rare offering presents unmatched riverfront access, exceptional equestrian amenities, and a luxurious mountain residence, creating an irreplaceable sanctuary in the Roaring Fork Valley. A Legacy Estate with Limitless Potential - Lovingly shaped over 25 years, Porcupine Ranch is a testament to vision, craftsmanship, and stewardship of the land. This private retreat features 1,700 feet of exclusive river frontage, three wells, rolling pastures, and pristine woodlands that back directly to protected National Forest lands, an unparalleled haven for fly fishing, horseback riding, and outdoor adventure. Exquisite Living Spaces- At the heart of the estate, the 5,739-square-foot main residence blends rustic elegance with refined mountain luxury. Designed for seamless indoor-outdoor living, this home boasts five spacious bedrooms, expansive living and entertaining areas, and breathtaking views of the Seven Castles cliffs. Whether gathering fireside in the grand great room, hosting elegant dinners, or enjoying the serene sounds of the river, the home provides an unmatched sense of tranquility and grandeur. Additional Property Highlights- • 1,040 SF Fishing Cabin - A charming riverside retreat, ideal for guest accommodations or private escapes. • Two Barns with Premium Equestrian Facilities - Accommodating up to seven horses with multiple stalls, tack rooms, paddocks, and irrigated pastures. • Three Distinct Parcels - Offering a unique opportunity for multi-generational living, expansion, or development. Income & Investment Potential- Beyond its breathtaking beauty, Porcupine Ranch presents exceptional income potential. The estate has already garnered interest as a high-end wedding and event venue, with revenue projections reaching $45,000 per week. Additionally, the main residence commands a luxury rental rate of $40,000 per month, offering significant investment upside. A Once-in-a-Lifetime Offering- Opportunities like this are exceedingly rare—a legacy ranch combining luxury, privacy, and investment potential in one of Colorado's most sought-after locations. Whether as a private retreat, equestrian estate, or luxury event venue, Porcupine Ranch is a masterpiece of mountain living. Legal Descriptions for all three (3) parcels being sold as one: Parcel 1A: Subdivision: South Taylor Creek Subdivision Parcel 1-A Filing 2 Recorded: BK-0385 PG-0782, BK-0405 PG-0346, SD 01-21-85, BK-0409 PG-0429, SWD 03-20-85, BK-0541 PG-0314, SWD 10-31-90, BK-0571 PG-0877, WD 01-24-92, R748214 EAS 01-16-01 Parcel 1B: Subdivision: South Taylor Creek Subdivision Parcel 1-B Filing 2 Parcel 2: Subdivision: South Taylor Creek Subdivision Parcel 2 Recorded: BK-0334 PG-0814 QCD 12-14-81, BK-0405 PG-0346 SD 01-21-85, BK-0409 PG-0430 SWD 03-20-85, BK-0743 PG-0408 QCD 11-07-97, R748214 EAS 01-16-01
Highlights
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 5
- Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
- Fireplace: Gas, Wood Burning
- Total Bedroom Count: 5
- Garage Space: 2 spaces
- Waterfront: River Front
- Exterior: Fence
- Architectural Style: Two Story, Ranch, Cabin
- Heating: Natural Gas, Radiant, Electric
- Cooling: Ceiling Fan(s)
- List Price: $24,000,000
- Price/SqFt: $4,181
- Annual Tax Amount: $34,138
- Tax Year: 2023
- Lot: Landscaped, Waterfront
- Directions: Approximately 6 miles up Frying Pan Road. Look for the mailboxes on your right and turn right down driveway. Address marker will be on the left side fence of the drive. Cross the Bridge and continuing past the Barn on the right and then past the Fishing Cabin on the right to the end of the drive under the Porcupine Ranch Sign.
- Year Built: 2002
- Stories: 2
- Living Area: 5,739 SqFt
- Lot Size: 73.87 Acres
- MLS Number: 188669
- MLS Name: Aspen
- Office Name: Coldwell Banker Mason Morse-SMV, Coldwell Banker Mason Morse-Carbondale
- Office Phone: (970) 923-7700
- Listing Agent: Matthew Tate, Tara M Adis
©Copyright 2025 by Aspen Glenwood Springs MLS. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen Glenwood Springs MLS. IDX information is provided exclusively for consumers’ personal, non- commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/23/2025, 6:45:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Price information
Property sales
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Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $458,610 | $34,138 |
| 2022 | $127,260 | $10,228 |
| 2021 | $130,930 | $10,512 |
| 2020 | $130,790 | $10,003 |
| 2019 | $131,700 | $9,425 |
| 2018 | $120,930 | $8,924 |
| 2017 | $133,690 | $9,634 |
History based on county public records data.
Nearby schools
7
Basalt Elementary School
Public District PK-4
4.6 mi
•151 Cottonwood Dr
3
Crystal River Elementary School
Public District PK-4
13.8 mi
•160 Snowmass Dr
9
Aspen Elementary School
Public District KG-4
13.9 mi
•235 High School Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $92,164. Typical income of Basalt, CO residents is between $100k-200k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
NASCAR
Pro Wrestling
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Dollar General
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Oldsmobile
What do the neighbors listen to?
New Country
News/Talk/Information
Oldies
Frequently asked questions
About 5548 Frying Pan Rd
The listing price of 5548 Frying Pan Rd property is $24,000,000.
The property 5548 Frying Pan Rd is a house located in Basalt, Colorado, 81621.
Active Listing: 5548 Frying Pan Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5548 Frying Pan Rd are: Basalt Elementary School (GreatSchools Rating 7/10), Crystal River Elementary School (GreatSchools Rating 3/10), Aspen Elementary School (GreatSchools Rating 9/10), Basalt Middle School (GreatSchools Rating 4/10), Aspen Middle School (GreatSchools Rating 6/10), Carbondale Middle School (GreatSchools Rating 7/10), Basalt High School (GreatSchools Rating 6/10), Roaring Fork High School (GreatSchools Rating 6/10), Aspen High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $34,138 (source: MLS/based on county public records data).
The property at 5548 Frying Pan Rd has 5 bedrooms and 5 full and 2 half bathrooms.
The property 5548 Frying Pan Rd is 5,739 SqFt (source: MLS/tax record).
The year of construction for 5548 Frying Pan Rd is 2002.
This home is located at 5548 Frying Pan Rd in Basalt, CO and zip code 81621. This 5,739 square foot home, which was built in 2002, sits on a 73.87 acre lot. Features: 5 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $24,000,000.