About 740 Hearthstone Drive
Priced to move at $634 per square foot, the lowest price per square foot among single-family residences in the area--an exceptional value that leaves room for the updates you envision. Discover a true diamond in the rough on one of the most desirable streets in the highly sought-after Elk Run neighborhood of Basalt--one of the valley's premier family-friendly communities. Built with solid great bones, it presents an opportunity for personalization and a significant upside. The spacious living room is open to the kitchen and dining area. Upstairs, the large primary suite has a dramatic vaulted ceiling, a double-sink bathroom, and a large walk-in closet, as well as 2 more bedrooms and a full bath. The lower level features an oversized family room and full bath, that offers flexibility--a portion of it could easily be converted into an additional bedroom, or a 'mother in law' apartment. It has a front and rear deck. The oversized two-car garage provides abundant extra storage. The backyard is ideal for pets. A rare chance to create value and equity in this prime location, walking distance to downtown Basalt.
Price Change History
| Date | Details | Change |
|---|---|---|
| Date: | Details: Price Reduced from $2,099,000 to $1,995,000 | Change: ↓ $104,000 (4.95%) |
| Date: | Details: Price Reduced from $2,200,000 to $2,099,000 | Change: ↓ $101,000 (4.59%) |
| Date: | Details: Price Reduced from $2,478,000 to $2,200,000 | Change: ↓ $278,000 (11.22%) |
Features of 740 Hearthstone Drive
| MLS® # | 191360 |
|---|---|
| Price | $1,995,000 |
| Bedrooms | 3 |
| Bathrooms | 4 |
| Full Baths | 3 |
| Half Baths | 1 |
| Square Footage | 3,146 |
| Acres | 0.17 |
| Year Built | 1996 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 740 Hearthstone Drive |
|---|---|
| Major Area | Basalt |
| Area | 05-Basalt Proper |
| Subdivision | Elk Run |
| City | Basalt |
| County | Pitkin |
| State | CO |
| Zip Code | 81621 |
Amenities
| Utilities | Natural Gas Connected |
|---|---|
| # of Garages | 2 |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| # of Fireplaces | 1 |
| Fireplaces | Gas |
| Has Basement | No |
| Living Heated Sqft | 3,146 |
Additional Information
| Date Listed | January 15th, 2026 |
|---|---|
| Zoning | Residential |
| Short Sale | No |
| RE / Bank Owned | No |
| Data Source | AGSMLS |
| Short Termable | Yes |
Subdivision Statistics
| Listings | Average Price | Average $/SF | Median $/SF | List/Sale price | |
|---|---|---|---|---|---|
| Active Listings 8 | Average Price $1,967,875 | Average $/SF $635 | Median $/SF $2 | Listing Price $1,995,000 |