This trail is an access to the national forest that is seldom used. It is a very wet area going through spruce and fir trees, following the Fryingpan River. Due to vegetation, there are no views of the surrounding areas.
From Basalt to the Trailhead: Travel 32 miles up the Fryingpan River to Forest Rd. #105. Turn right at the Horseshoe Bend Guest Ranch road near Nast Lake. Parking is provided at the Granite Lakes trailhead just over the bridge. Walking east to the guest ranch, turn right going past the lodge and out buildings. The trail is straight ahead.
More here from Aspen Trail Finder as well as additional information from the Forest Service.