5548 Frying Pan Road

Basalt, CO 81621

Beds

5

Baths

7

Square Ft.

5,739

Active

Residential

$24,000,000

ABSOLUTE AUCTION, WITHOUT RESERVE by DeCaro Auctions on Saturday November 15th at 11am local time. Property will be sold to the highest bidder. OPEN HOUSE schedule: Saturday & Sunday from 11am - 4pm // October 18th-19th, 25th-26th // November 1st-2nd, 8th-9th, Final Preview 14th.… Read More Private showings are available during the week by appointment only. Broker Participation Invited. 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 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- • 592 finished 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 Read Less

Courtesy of Coldwell Banker Mason Morse-SMV

Listing Snapshot

Days Online

145

Last Updated

Nov 4, 2025

Property Type

Single Family Residence

Beds

5

Full Baths

5

Partial Baths

2

Square Ft.

5,739

Lot Size

73.87 Acres

Year Built

2002

MLS Number

188669

30 Days Snapshot Of 81621

$1.65M

-2%

(avg) sold price

8

-27%

homes sold

148

+14%

(avg) days on market

Snapshot

Area Map

Additional Details

Basement

Basement: "Crawl Space"

Building

Architectural Style: "Ranch", "Cabin", Building Area Total: 5,739, Construction Materials: "Wood Siding", "Log Siding", "Stone", "Log", "Frame", Furnished: Partially, Living Area: 5,739, Year Built: 2002, 2 stories

Cooling

Cooling Included, Cooling: "A/C"

Disclosures

Disclosures: "Easements", "Wetlands"

Fence

Fencing: "Fenced"

Fireplaces

Features: "Gas", "Wood Burning", Building includes fireplace, 3 total fireplaces

Garage

Garage Included, 2 garage spaces

Water Features

Waterfront Features: "River Front", Waterfront Property

Heating

Heating: "Radiant", "Natural Gas", "Electric", Heating Included

Laundry

Features: "Inside"

Lot

Features: "Landscaped", 73.87 acres, Area: 73.87, 3,217,777 square feet

Property

Condition: "Excellent", Other Structures: "Outbuilding", Parcel Number: 246701305001, Property Sub Type: Single Family Residence, Zoning: Resource

Roof

Roof: "Shake"

Security Features

Features: "Security System"

Sewer

Sewer: "Septic Tank"

Taxes

Annual Amount: $35,316

Utilities

Utilities: "Propane", Water Source: "Well - Household", "Well - Irrigation"

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Basalt Elementary School 970-384-5800 Public PK-4

Basalt Middle School 970-384-5900 Public 5-8

Basalt High School 970-384-5959 Public 9-12

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