$1,140,000
SOLD DEC 15, 2025

420 Reese Rd Silverthorne, CO 80498

5 Beds
4 Baths
3,132 Sq Ft
0.45 Acres

Recently Sold

$364 Per Sq Ft

12% Below List Price

9 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • No HOA
  • Mountain View
  • Great Room
  • Breakfast Room

About This Home

As of December 2025

Sunshine, space, and a second income... welcome to your Silverthorne sweet spot. Set on nearly a half-acre of open, tree-rimmed land, this property pairs a charming 3-bedroom, 3-bath, 2,412 sq ft main home with a separate 2-bedroom, 1-bath 720 sq ft cottage (recently rented for $2,000/month). The main home features fresh paint, new carpet, big windows, and a cozy wood-burning fireplace. The cottage offers flexibility for long term rentals, guests, family, private office and future opportunities.
Enjoy mountain days and starry nights in the fenced yard, complete with a pet run and oversized 2-car garage for all your gear. With new windows, a high-efficiency “Cadillac” boiler, and on-demand hot water, this is the spot for easy living. Just minutes from Bluebird Market, the Rec Center, and the Blue River, this is your chance to own a home with built-in charm and potential.. This is more than a home—it’s a lifestyle, a legacy, and a rare in-town treasure ready for its next chapter.

Last Agent to Sell the Property

Allison Simson

Summit Real Estate License #ER1324576 Listed on: 11/05/2025

Last Buyer's Agent

Karen Seitz

Compass License #FA100075787

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,705

Year Built

  • Built in 1979

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Entry on the 1st floor
  • Concrete Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,132 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Great Room
  • Breakfast Room
  • Dining Room
  • Mountain Views

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Schools

  • Silverthorne Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Phone Available
  • Cable TV Available

Additional Features

  • 0.45 Acre Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 1300210

Community Details

Overview

  • No Home Owners Association
  • Blue River Mesa Sub Subdivision

Amenities

  • Public Transportation

Recreation

  • Golf Course Community
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,705

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Road Surface Type: Paved
  • Subdivision Name: BLUE RIVER MESA SUB
  • Directions: North on Rainbow Drive, Right on Reese Rd. House is on the left. #420 (cottage is #421 1/2)
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two, Multi/Split
  • Year Built: 1979
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Range, Disposal, Microwave Hood Fan, Microwave, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Luxury Vinyl, Luxury VinylTile, Tile
  • Interior Amenities: Fireplace, Cable TV
  • Living Area: 3132.0
  • Dining Room Type: Breakfast Room/Nook, Dining Room, Great Room
  • Stories: 2

Exterior Features

  • Lot Features: City Lot, Near Public Transit
  • View: Mountain(s)
  • View: Yes
  • Exclusions: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Poured
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: In Unit
  • Heating: Baseboard, Electric, Natural Gas
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection, Water Available, Cable Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Trails/Paths, Public Transportation
  • Amenities: Snow Removal
  • Association: No
  • Pets Allowed: Yes

Schools

  • Elementary School: Silverthorne
  • High School: Summit
  • Middle Or Junior School: Summit

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 19602.0
  • Parcel #: 1300210
  • Zoning Description: Single Family

Green Features

  • Green Building Verification Type: Unknown

Tax Info

  • Tax Annual Amount: 4705.39
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2025
Closed on
Dec 15, 2025
Sold by
Sinovcic Ivan J
Bought by
Gafford Alexander Joseph and Gafford Kaylin Hunter
Seller's Agent
Allison Simson
Summit Real Estate
Buyer's Agent
Karen Seitz
Compass
List Price
$1,295,000
Sold Price
$1,140,000
Premium/Discount to List
-$155,000
-11.97%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.41%
Original Mortgage
$1,026,000
Outstanding Balance
$1,026,000
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$110,665

Purchase Details

Closed on
Jul 18, 2007
Sold by
Sinovele Alice
Bought by
Sinovele Alice and Sinovele Ivan J

Purchase Details

Closed on
Dec 29, 2004
Sold by
Winquest Mary R
Bought by
Sinovcic Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
5.76%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,140,000 Land Title
Interfamily Deed Transfer -- None Available
Warranty Deed $430,000 Highland Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,026,000 New Conventional
Previous Owner $344,000 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2025 12/15/25 Sold $1,140,000 0.0% $364 / Sq Ft
11/14/2025 11/14/25 Pending -- -- --
11/10/2025 11/10/25 Price Changed $1,140,000 -12.0% $364 / Sq Ft
11/05/2025 11/05/25 For Sale $1,295,000 -- $413 / Sq Ft
Source: Summit MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $4,915 $94,658 -- --
2023 $4,915 $90,973 $0 $0
2022 $3,115 $54,509 $0 $0
2021 $3,142 $56,077 $0 $0
2020 $2,625 $50,060 $0 $0
2019 $2,589 $50,060 $0 $0
2018 $2,326 $43,585 $0 $0
2017 $2,128 $43,585 $0 $0
2016 $2,044 $41,245 $0 $0
2015 $1,980 $41,245 $0 $0
2014 $1,663 $34,199 $0 $0
2013 -- $34,199 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Summit MLS

MLS Number: S1064009

Summit MLS

APN: 1300210