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Sold for $820,000
  • $820,000

    421 Rainbow Drive UNIT 28, Silverthorne, CO 80498

    2beds
    982sqft
    Condominium
    Built in 2015
    -- sqft lot
    $821,100 Zestimate®
    $835/sqft
    $4,222 Estimated rent

    Home value

    $821,100

    $764,000 - $879,000

    $4,222/mo

    Zestimate® history
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    What's special

    Gas fireplaceViews of buffalo mountainHand wandGas rangeJetted tubEnsuite bathLarge walk-in closet
    Two-bedroom turn-key condo located in the heart of Silverthorne walking distance to restaurants, shops, performing arts center, Rainbow Park, Silverthorne Pavilion, Rec Center and much more. Featuring a large, covered deck with views of the Williams Fork Range and the ability to add a hot tub. This fully furnished condo includes high-end appliances with a gas range, double oven, washer and dryer in the unit and gas fireplace available at the flip of a switch. The primary bedroom offers views of Buffalo Mountain with an ensuite bath featuring a large shower with double shower heads including a hand wand and large walk-in closet off the primary bathroom. The guest bedroom also has incredible views of Buffalo Mountain and is connected to a bathroom with jetted tub and another large closet. The attached private 2-car garage is accessible from the stair tower with plenty of space to store bikes, skis, fishing rods and any other recreational gear. Enjoy more than 38 miles of bike path or grab your fly-fishing rod to fish Gold Medal Fly Fishing waters in Silverthorne all only steps away. Five ski areas all less than 16 miles away which are easily accessible from the free bus that picks up across the street. This condo offers an exceptional location and value with very strong short term rental projections close to $45K a year.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jill Begley 970-389-1760,

    The Real Estate Group

    Bought with:

    Brian Flickinger, FA100072766

    Colorado R.E. Summit County

    Source: Altitude Realtors,MLS#: S1057044MLS LogoOriginating MLS: Summit Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Dining room
    • Level: Main
    Other
    • Level: Main
    Kitchen
    • Level: Main
    Laundry
    • Level: Main
    Other
    • Level: Main
    Heating
    • Radiant
    Appliances
    • Included: Dishwasher, Disposal, Microwave Hood Fan, Microwave, Range, Refrigerator, Self Cleaning Oven, Some Electric Appliances, Dryer, Washer
    Features
    • Ceiling Fan(s), Fireplace, Granite Counters, Jetted Tub, Primary Suite, Walk-In Closet(s)
    • Flooring: Laminate, Tile
    • Number of fireplaces: 1
    • Fireplace features: Gas
    • Furnished: Yes
    Interior area
    • Total interior livable area: 982 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage
    • Attached garage spaces: 2
    Features
    • Levels: Three Or More
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Features: City Lot, Near Public Transit
    Details
    • Parcel number: 6517621
    • Zoning description: Multi-Family

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Frame, Metal Siding, Stone
    • 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, Phone Available, Sewer Available, Trash Collection, Water Available, Cable Available, Sewer Connected

    Community & HOA

    Community
    • Features: Public Transportation
    • Subdivision: Rivers Edge Condo
    HOA
    • Has HOA: Yes
    • HOA fee: $7,332 annually
    Location
    • Region: Silverthorne

    Financial & listing details

    • Price per square foot: $835/sqft
    • Tax assessed value: $925,400
    • Annual tax amount: $3,097
    • Date on market: 4/3/2025
    • Cumulative days on market: 46 days
    • Listing agreement: Exclusive Right To Sell
    • Exclusions: No
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/13/2025Sold$820,000-5.2%$835/sqft
    Source: Altitude Realtors #S1057044 Report a problem
    5/21/2025Pending sale$865,000$881/sqft
    Source: Altitude Realtors #S1057044 Report a problem
    4/3/2025Listed for sale$865,000+92.2%$881/sqft
    Source: Altitude Realtors #S1057044 Report a problem
    12/5/2017Sold$450,000$458/sqft
    Source: Altitude Realtors #S394408 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,097 -4.3%$57,838 -9%
    2024$3,235 +35%$63,576 -1%
    2023$2,396 -0.9%$64,193 +53.1%
    2022$2,417 +39.7%$41,936 -2.8%
    2021$1,730 +1.4%$43,143 +30.8%
    2019$1,706 $32,986
    Find assessor info on the county website

    Neighborhood: 80498

    Nearby schools

    GreatSchools rating
    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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    $821,100
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    +$16,422
    With Zillow Showcase(estimated)
    $837,522