Opportunities like this rarely come along in Old Town Basalt. Set on an approximately 11,000 SF lot just one block from downtown, 216 E. Homestead offers a four-bedroom home surrounded by mature gardens, fruit trees, and established landscaping. A lower-level kitchenette and a flexible fourth room for living, dining, or office use make the home immediately livable, and the furniture is available to a buyer if wanted. What truly sets this offering apart is the upside. A planning analysis has already identified the remaining FAR, and a concept design for a 1,500 SF two-bedroom ADU has been prepared, leaving approximately 500 SF to expand the existing home. Whether a buyer enjoys the property as it is today or builds toward its full potential, this is a rare chance to secure a piece of Old Town Basalt with real room to grow.
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