Brief by Allen Best
Development – July 2008 – Colorado Central Magazine
Million-dollar house sales now common in Basalt
Despite the slowed economy, a new record has been established in Basalt for real estate with a $3.4 million closing. The Aspen Times says that the 4,184-square- foot house has views, views, views, plus other splendors.
The town, located 18 miles down-valley from Aspen, hadn’t had a $1 million sale until five years ago, but since then, more than four score have been registered. Yalonda Long, a broker with Mason and Morse, a real estate agency, said Basalt has become a destination market, and not just a place where people go because they can’t afford Aspen itself.
