About 262 Midland Avenue
Located in the heart of downtown, this property offers exceptional flexibility for investors and developers alike. The home features two main-level bedrooms and a full bathroom, along with spacious front and rear yards, ideal for outdoor living or future enhancements. A 400 sq ft detached garage plus two additional exterior parking spaces provide ample off-street parking. With dual street access from Homestead and Midland, the lot offers added convenience and potential for reconfiguration. Zoned R3, with neighboring parcels designated for mixed-use, this property presents a compelling value-add or redevelopment opportunity, including the potential to create a multi-unit or mixed-use project (buyer to verify with local zoning/planning).
Features of 262 Midland Avenue
| MLS® # | 192670 |
|---|---|
| Price | $1,680,000 |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Full Baths | 2 |
| Square Footage | 2,178 |
| Acres | 0.15 |
| Year Built | 1961 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Other |
| Status | Active |
Community Information
| Address | 262 Midland Avenue |
|---|---|
| Major Area | Basalt |
| Area | 05-Basalt Proper |
| Subdivision | Townsite of Basalt |
| City | Basalt |
| County | Eagle |
| State | CO |
| Zip Code | 81621 |
Amenities
| Utilities | Natural Gas Connected, Electricity Connected |
|---|---|
| Parking | RV Access/Parking |
| # of Garages | 2 |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished |
| Living Heated Sqft | 2,178 |
Exterior
| Roof | Composition |
|---|---|
| Construction | Wood Siding, Frame |
Additional Information
| Date Listed | May 4th, 2026 |
|---|---|
| Zoning | RES |
| Short Sale | No |
| RE / Bank Owned | No |
| Data Source | AGSMLS |
| Year Remodeled | 2011 |
| Short Termable | No |
Subdivision Statistics
| Listings | Average Price | Average $/SF | Median $/SF | List/Sale price | |
|---|---|---|---|---|---|
| Active Listings 8 | Average Price $1,585,412 | Average $/SF $691 | Median $/SF $35 | Listing Price $1,680,000 |