Exceptional Investment Opportunity in Prestigious Lazy O Ranch Two Parcels: Renovated Home on Lot 20 + Buildable Lot 19 | Close to Aspen & Basalt A rare offering in the exclusive 22-property Lazy O Ranch, this elegant gentleman's ranch combines luxury living with outstanding investment potential. The property includes two legal parcels: a fully renovated 5-bedroom, 7.5-bath home on Lot 20 and a neighboring buildable lot (Lot 19), offering flexibility for future development, guest accommodations, or resale. Just minutes from the vibrant amenities of Basalt and within easy reach of world-renowned Aspen, this property presents a compelling opportunity for both personal enjoyment and long-term value growth in one of Colorado's most desirable areas. The home, renovated in 2020, features expansive, light-filled interiors, refined finishes, and seamless indoor-outdoor living. Highlights include a private outdoor spa, state-of-the-art outdoor kitchen, climate-controlled wine cellar, home theatre, and an attached 3-car garage. Lazy O Ranch amenities enhance the lifestyle appeal and include a community barn, tennis + paddle courts, and miles of scenic equestrian and hiking trails. Whether you're seeking a luxury retreat, a multi-generational compound, or a high-potential investment, this dual-parcel property offers unparalleled upside in a premier location.Show Description MLS® Number188795
Laundry LevelInside
Central VacNo
FireplaceNo
Acreage13.95
Exterior
GarageYes
Approx. Age1995
Basement
Driveway
Garage Spaces
HeatRadiant, Natural Gas
A/CCentral Air
Heating Fuel
Dryer, Freezer, Oven, Refrigerator, Washer, Window Coverings, Water Softener, Range, Dishwasher
