Location, views, and privacy all from the largest lot on E. Homestead Drive. This private, gated, remodeled cottage is truly a unique opportunity located right in the heart of Old Town Basalt. Many options await you in this two plus bedroom home. A large, flat, grass area, with 180 degree views, both up and downvalley, only enhance the charm of the property. Mature apple, apricot and plum trees, wine/vegetable cellar, art studio, or additional storage room. Walking distance to gourmet markets, restaurants and shopping, and ''Gold Medal'' fishing at your door. Golf at the Jack Nicklaus Signature Gold Course at the Roaring Fork Club as a Basalt resident.