The Frying Pan Valley and the Seven Castle views are simply stunning on this unique 5 acre parcel. The 1981 built passive solar house has great bones to be a contemporary modern. The house was built on the eastern 2 ½ acres of the property providing plenty of elbow room between neighbors and privacy with BLM land behind the house, to the North. The extra acreage to the West facing the Seven Castles offers significant room add additional indoor and outdoor entertaining space with an earthly connection. The floorplan with all three 3 bedrooms (each with their own full bathroom) upstairs with spacious living and dining areas, plus a bonus room/office space in the walk-in level provides opportunities to expand to suit your needs. The 2-story sunroom could easily be expanded for a larger living area with an office or vaulted ceilings above. The deck over the garage on the north side begs for an ADU with a shaded entertaining patio with exterior access. The lower level of the house is built into the hillside on 3 sides, providing cool and comfortable temperatures in the summer time. With the south-facing sun exposure, little heat is needed on the days you decide to stay home in the winter. An all-electric house with two furnaces is a perfect application for a state-of-the-art electric heat pump and solar panels. Additional features include a 3rd level attic for storage, a 2-car garage and an outdoor hot tub. The property also accommodates RV, boat, snowmobile storage and additional vehicle parking as well as a storage shed and a small horse stall. No HOA. Furnishings are negotiable! Located just 20 minutes to Ruedi Reservoir and minutes to fly fishing the gold metal waters of the Frying Pan River. Located 5 miles up Frying Pan Road, which is less than 10 minutes to historic downtown Basalt.