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Sold for $1,200,000
  • $1,200,000

    421 Rainbow Drive UNIT 5, Silverthorne, CO 80498

    2beds
    997sqft
    Condominium
    Built in 2015
    -- sqft lot
    $1,055,700 Zestimate®
    $1,204/sqft
    $3,417 Estimated rent

    Home value

    $1,055,700

    $982,000 - $1.12M

    $3,417/mo

    Zestimate® history
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    What's special

    Oversized deckGas fireplaceNewer constructionImpeccably maintainedVaulted ceilingsPrivate in-unit elevator
    Beautiful 2 bedroom Penthouse condo that is ON the Blue River (NOT on Hwy 9), and has some of the best Views in Silverthorne. Enjoy your PRIVATE in-unit elevator that takes you next to your tandem 2 car garage. It is a very short walk across the pedestrian bridge to 4th St Crossing, restaurants, shops, the theatre, Pavilion, and breweries. On the Silverthorne bike path that is outside your door, and across the street from the rec center. Listen to the Blue River flow by from your oversized deck or fish the Gold Medal waters. Enjoy the serenity away from the hustle and bustle that this condo offers. Vaulted ceilings, gas fireplace, newer construction, impeccably maintained, double oven, gas range, extra counter space in the kitchen, and being offered partially furnished. Newer construction, finished in 2017, you will love the vaulted ceilings and attention to detail of this luxury property. Zone 2 Silverthorne, str allowed -verify with the Town. River's Edge is one of the BEST condos in Summit County and this peaceful Penthouse unit will not disappoint.

    Zillow last checked:

    Listing updated:

    Listed by:

    Erika Schmidt (970)409-9236,

    Peak Mountain Real Estate

    Bought with:

    Tucker Stone, FA100093704

    RE/MAX Properties of the Summit

    Source: Altitude Realtors,MLS#: S1042621MLS LogoOriginating MLS: Summit Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Radiant
    Appliances
    • Included: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
    Features
    • Elevator, Fireplace, Cable TV, Vaulted Ceiling(s)
    • Flooring: See Remarks, Tile, Wood
    • Has fireplace: Yes
    • Fireplace features: Gas
    Interior area
    • Total interior livable area: 997 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Patio & porch: Deck
    • Has view: Yes
    • View description: Mountain(s), River, Creek/Stream
    • Has water view: Yes
    • Water view: River,Creek/Stream
    • Waterfront features: River Front
    • Frontage type: River
    Lot
    • Size: 1.3 Acres
    • Features: City Lot, Near Public Transit
    Details
    • Parcel number: 6517334
    • 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, Phone Available, Sewer Available, Trash Collection, Water Available, Cable Available, Sewer Connected

    Community & HOA

    Community
    • Features: Club Membership Available, Golf, Trails/Paths, Public Transportation
    • Subdivision: Rivers Edge Condo
    HOA
    • Has HOA: Yes
    • Services included: Association Management, Common Area Maintenance, Common Areas, Cable TV, Gas, Heat, Internet, Sewer, Snow Removal, Trash, Water
    • HOA fee: $8,424 annually
    Location
    • Region: Silverthorne

    Financial & listing details

    • Price per square foot: $1,204/sqft
    • Tax assessed value: $1,002,000
    • Annual tax amount: $3,598
    • Date on market: 7/5/2023
    • Cumulative days on market: 253 days
    • Listing agreement: Exclusive Right To Sell
    • Exclusions: No

    Price history

    DateEventPrice
    4/12/2024Sold$1,200,000$1,204/sqft
    Source: Altitude Realtors #S1042621 Report a problem
    3/15/2024Pending sale$1,200,000$1,204/sqft
    Source: Altitude Realtors #S1042621 Report a problem
    11/25/2023Price change$1,200,000-4%$1,204/sqft
    Source: Altitude Realtors #S1042621 Report a problem
    10/26/2023Price change$1,250,000-1.2%$1,254/sqft
    Source: Altitude Realtors #S1042621 Report a problem
    9/19/2023Price change$1,265,000-2.7%$1,269/sqft
    Source: Altitude Realtors #S1042621 Report a problem
    7/5/2023Listed for sale$1,300,000$1,304/sqft
    Source: Altitude Realtors #S1042621 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,445 -4.3%$62,625 -10.9%
    2024$3,598 +38%$70,290 -1%
    2023$2,607 -0.9%$70,972 +55.5%
    2022$2,630 +25.5%$45,641 -2.8%
    2021$2,095 +1.4%$46,954 +17.5%
    2019$2,066 $39,954
    Find assessor info on the county website

    Neighborhood: 80498

    Nearby schools

    GreatSchools rating
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    $1,055,700
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    +$21,114
    With Zillow Showcase(estimated)
    $1,076,814