NOT LISTED FOR SALE

1203 Rainbow Dr Unit 1203 Silverthorne, CO 80498

Silverthorne Area

Estimated Value: $898,000 - $910,150

3 Beds
2.5 Baths
1,436 Sq Ft
$630/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2026

Last sale price $906,250 $631 Per Sq Ft

Current estimated payment $5,174 / mo

3 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • No HOA
  • Open Floorplan
  • Great Room
  • 2-minute walk to Rainbow Park

About This Home

As of May 2026

RARE Find! Townhome with a 2-car garage for toy storage + open floor plan so the chef can enjoy the conversations. This end unit has great privacy and a fully fenced and level yard for the kids and dogs - a true sanctuary offering views of Buffalo and Red Mountains. This home is only 1/2 mile to the Silverthorne Rec Center so it's easy to get/stay in shape during the winters. The kitchen and door from the garage are less than 5 yards apart so it's easy to unload the groceries. There is a shed for off-season storage of lawn furniture or the snow blower. The huge deck offers plenty of space for grilling and fun beverages with friends and the large patio/paver area has room for the boat, camper or snowmobiles. This home is super clean and ready for your personal touches. Finishes/features include Andersen windows, tile and carpeted flooring in main living areas, updated roof, oak cabinets and airlock entry. This is a smart choice for those that wish to enjoy Rainbow Park, Silco Theater, 4th Street Crossing & the Silverthorne Pavilion areas which offer shopping & dining - all within minutes of home. You are within about 30 minutes from four world-class ski resorts, five golf courses, Lake Dillon and the marina, the Dillon Amphitheater, nordic ski areas, hiking/biking trails and more. BONUS - no HOA or transfer tax! Hurry if you want a Short Term Rental License - this property is in Zone 1 and there are 23 licenses available as of January 5th, 2026. Go out on the deck and CHECK OUT THE VIEWS!!

Last Agent to Sell the Property

Mike Bohlender

LIV Sotheby's I.R. Brokerage Phone: (970) 453-0550 License #IA100066130 Listed on: 03/25/2026

LIV Sotheby's I.R.

Last Buyer's Agent

Seth Larson

Real Broker, LLC DBA Real License #FA100087095

Real Broker, LLC DBA Real

Range of Values:

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Value Increase
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Adjusted for Inflation
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,040

Year Built

  • Built in 1991

Lot Details

  • 6,534 Sq Ft Lot
  • Landscaped

Parking

  • 2 Car Garage
  • Parking Pad

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,436 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Gas Fireplace
  • Entrance Foyer
  • Great Room
  • Mountain Views
  • Washer and Dryer

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 1501421

Community Details

Overview

  • No Home Owners Association
  • Willowgrove Sub Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,040

Year Built

Built in 1991

Lot Details

6,534 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Subdivision Name: WILLOWGROVE SUB
  • Directions: At the I-70 interchange, go north/northwest on Blue River Parkway. Turn Right at Wendy's onto Rainbow Drive. Drive about 9/10's of 1 mile and look for property on your left which is directly across from the Palmers Drive intersection. This is the left (south) end of a triplex.
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1991
  • Property Sub Type Additional: Townhouse
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Range, Disposal, Microwave, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Entrance Foyer, Fireplace, Kitchen Island, Laminate Counters, Primary Suite, Open Floorplan
  • Living Area: 1436.0
  • Dining Room Type: Great Room

Exterior Features

  • Lot Features: City Lot, Landscaped, Level
  • View: Mountain(s)
  • View: Yes
  • Exclusions: No
  • Construction Type: Frame, Wood Siding
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Architectural, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Garage, Parking Pad

Utilities

  • Green Building Features: Not Applicable
  • Heating: Natural Gas, Radiant
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 6534.0
  • Parcel #: 1501421
  • Zoning Description: See Remarks

Green Features

  • Green Building Verification Type: None

Tax Info

  • Tax Annual Amount: 3040.03
  • Tax Year: 2025

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2026 05/01/26 Sold $906,250 -2.0% $631 / Sq Ft
03/28/2026 03/28/26 Pending -- -- --
03/25/2026 03/25/26 For Sale $925,000 -- $644 / Sq Ft
Source: Summit MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,095 $66,368
2024 $2,188 $50,880
2023 $2,188 $40,495 $0 $0
2022 $1,938 $33,916 $0 $0
2021 $1,955 $34,892 $0 $0
2020 $1,619 $30,866 $0 $0
2019 $1,596 $30,866 $0 $0
2018 $1,337 $25,045 $0 $0
2017 $1,223 $25,045 $0 $0
2016 $1,120 $22,596 $0 $0
2015 $1,085 $22,596 $0 $0
2014 $1,266 $26,025 $0 $0
2013 -- $26,025 $0 $0
Source: Public Records

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Map

Source: Summit MLS

MLS Number: S1067555

Summit MLS

APN: 1501421

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