270 Midland AvenueBasalt, CO 81621Price: $1,995,000

Live in it. Rent it. Improve it. Redevelop it. 270 Midland Avenue is a rare Old Town Basalt opportunity offering an exceptional combination of lifestyle, income potential, and long-term upside. Enjoy a beautiful oversized yard, two-car off-street parking, a large storage shed, mature fruit trees, and easy access to downtown Basalt, restaurants, trails, Gold Medal fly fishing, and Highway 82. Ideal as a primary residence, mountain getaway, or income-producing rental property. The owners have thoughtfully transformed the property over time, remodeling and improving nearly every aspect with exceptional care and attention to detail. The newly reimagined lower level adds two bedrooms, a bathroom, and a spacious family room, significantly expanding the home's usable living space and flexibility. Future possibilities may include rezoning to C-2 for mixed-use development or adding an ADU, subject to Town of Basalt review and approval. One of the few remaining single-family homes along Midland Avenue, this is a unique opportunity to own a highly versatile property in the heart of historic Old Town Basalt. A must-see property with exceptional present-day appeal and compelling long-term potential.