River's Edge Condos are ON the Blue River (NOT on Hwy 9), and has some of the best Views in Silverthorne. This East facing unit is on miles of bike paths that connect across the county and beyond, and is across the street from the award winning Silverthorne Rec Center. Your tandem 2 car garage is extra large with about an extra 10 feet in length for even more toy storage. It is a very short walk across the pedestrian bridge to 4th St Crossing, restaurants, shops, the theatre, Pavilion, and breweries. Watch the sunrise in the mornings with a cup of coffee, and relax with a glass of wine in the evenings on your oversized deck. Fly fish outside your door on the amazing Blue River. Enjoy the serenity away from the hustle and bustle that this condo offers. Gas fireplace, leathered granite counter tops, engineered hardwood floors, upgraded knotty alder cabinets, never rented, impeccably maintained, gas range, extra counter space in the kitchen, and being offered fully furnished. Newer construction, finished in 2017, you will love the attention to detail of this luxury property and the higher quality finishes than you find in other properties. Zone 2 Silverthorne, str allowed -verify with the Town. There are 5 Ski Resorts less than 16 miles away. River's Edge is one of the BEST condos in Summit County, and this peaceful 2 bedroom unit will not disappoint.
Sold for $825,000
$825,000
421 Rainbow Drive UNIT 23, Silverthorne, CO 80498
2beds
1,040sqft
Condominium
Built in 2015
-- sqft lot
$815,600 Zestimate®
$793/sqft
$4,379 Estimated rent
Home value
$815,600
$734,000 - $905,000
$4,379/mo
Zestimate® history
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List your homeWhat's special
Gas fireplaceHigher quality finishesOversized deckOn the blue riverGas rangeLeathered granite counter topsUpgraded knotty alder cabinets
Zillow last checked:
Listing updated:
Listed by:
Erika Schmidt (970)409-9236,
Peak Mountain Real Estate
Bought with:
Elle Dice, FA100095708
Breckenridge Associates R.E.
Source: Altitude Realtors,MLS#: S1059365
Originating MLS: Summit Association of Realtors
Originating MLS: Summit Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Level: Main
Dining room
- Level: Main
Other
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Other
- Level: Main
Heating
- Natural Gas, Radiant
Appliances
- Included: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
- Laundry: Laundry Closet, In Unit
Features
- Five Piece Bathroom, Fireplace, Granite Counters, High Ceilings, High Speed Internet, Cable TV
- Flooring: Tile, Wood
- Number of fireplaces: 1
- Fireplace features: Gas
- Furnished: Yes
Interior area
- Total interior livable area: 1,040 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Tandem
- Garage spaces: 2
Features
- Levels: One
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: River Front
- Frontage type: River
Lot
- Size: 1.3 Acres
- Features: City Lot, Landscaped, Near Public Transit
Details
- Parcel number: 6517616
- Zoning description: Multi-Family
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Foundation: Poured
- Roof: Asphalt
Condition
- Resale
- Year built: 2015
Utilities & green energy
- Sewer: Connected, Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Trash Collection, Water Available, Cable Available, Sewer Connected
Community & HOA
Community
- Features: Golf, Trails/Paths, Public Transportation
- Subdivision: Rivers Edge Condo
HOA
- Has HOA: Yes
- Amenities included: Snow Removal
- HOA fee: $8,148 annually
Location
- Region: Silverthorne
Financial & listing details
- Price per square foot: $793/sqft
- Tax assessed value: $953,000
- Annual tax amount: $3,205
- Date on market: 6/1/2025
- Exclusions: No
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2026 | Sold | $825,000-7.8%$793/sqft |
Source:  Altitude Realtors #S1059365 Report a problem | ||
| 1/29/2026 | Pending sale | $895,000$861/sqft |
Source: Altitude Realtors #S1059365 Report a problem | ||
| 11/24/2025 | Price change | $895,000-8.2%$861/sqft |
Source: Altitude Realtors #S1059365 Report a problem | ||
| 6/1/2025 | Listed for sale | $975,000$938/sqft |
Source:  REcolorado as distributed by MLS GRID #6113435 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,205 -4.2% | $59,563 -9.3% |
| 2024 | $3,347 +36.5% | $65,653 -1% |
| 2023 | $2,452 -0.9% | $66,290 +54.4% |
| 2022 | $2,474 +38.1% | $42,930 -2.8% |
| 2021 | $1,792 +1.4% | $44,166 +29.3% |
| 2019 | $1,766 | $34,161 |
Find assessor info on the county website
Neighborhood: 80498
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Nearby schools
GreatSchools rating
- 5/10Silverthorne Elementary SchoolGrades: PK-5Distance: 2 mi
- 4/10Summit Middle SchoolGrades: 6-8Distance: 3.6 mi
- 5/10Summit High SchoolGrades: 9-12Distance: 4.8 mi
Schools provided by the listing agent
- Elementary: Silverthorne
- Middle: Summit
- High: Summit
Source: Altitude Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Colorado
- Summit County
- Silverthorne
- 80498
- 421 Rainbow Drive Unit 23
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