$934,000
SOLD AUG 13, 2025

421 Rainbow Dr Unit 12 Silverthorne, CO 80498

2 Beds
2 Baths
979 Sq Ft
$685/mo HOA Fee

Recently Sold

$954 Per Sq Ft

19% Below List Price

475 Days on Market

Highlights

  • River View
  • Property is near public transit
  • Hydromassage or Jetted Bathtub
  • 1.3 Acre Lot
  • Stream or River on Lot
  • 3-minute walk to Rainbow Park

About This Home

As of August 2025

Ideally situated in the heart of Silverthorne, this 2-bedroom, 2-bath condo offers a serene riverfront setting with sweeping views of Buffalo and Red Mountain. Whether you're sipping your morning coffee on the oversized deck or winding down by the cozy gas fireplace, this is mountain living at its best.

The 2-car tandem garage has interior access which means no need to brave the elements—load in groceries or gear with ease, snow or shine. There's plenty of space for all your mountain toys after a day of adventure.

Inside, you'll find everything you need for the comforts of home—a functional layout, warm finishes, and thoughtful features designed for everyday ease and relaxation. Whether you're searching for a weekend getaway, full-time residence, or smart investment (Zone 2 – short-term rental licenses still available!), this riverfront gem checks all the boxes.

Step outside and you're moments from the Silverthorne Rec Center, Theatre SilCo, and a variety of local dining options along the scenic rec path.

Don't miss your chance to own a piece of Summit County where mountain lifestyle meets unmatched convenience. Schedule your private tour today!

Last Agent to Sell the Property

Isabel Rawson

Christie`s International Real Estate CO LLC Brokerage Phone: (970) 389-0397 License #FA100022779 Listed on: 03/22/2024

Last Buyer's Agent

Carter Van Vleet

Colorado R.E. Summit County License #FA100109278

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,493

Year Built

  • Built in 2015

HOA Fees

  • $685 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • River
  • Creek or Stream
  • Mountain

Home Design

  • Entry on the 2nd floor
  • Concrete Foundation
  • Asphalt Roof

Interior Spaces

  • 979 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Gas Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Radiant Heating System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Stream or River on Lot
  • River Front
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 6517328

Community Details

Overview

  • Rivers Edge Condo Community
  • Rivers Edge Condo Subdivision

Amenities

  • Public Transportation

Recreation

  • Trails

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,493

Year Built

Built in 2015

Lot Details

0

HOA Fees

$685 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Lot Size Acres: 1.3046
  • Road Surface Type: Paved
  • Subdivision Name: RIVERS EDGE CONDO
  • Directions: From I-70 Silverthorne, go North on HWY 9 / Blue River Parkway. Turn right on Rainbow Dr (Wendy's on corner). Go past stop sign. Left into parking lot before buildings.
  • Building Name: Rivers Edge Condo
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 2015
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Partially
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer, Washer/Dryer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, See Remarks, Tile
  • Interior Amenities: Ceiling Fan(s), Fireplace, Jetted Tub, Cable TV, Walk-In Closet(s)
  • Living Area: 979.0
  • Dining Room Type: Eat-in Kitchen

Exterior Features

  • Lot Features: City Lot, Near Public Transit, Stream/Creek
  • View: Mountain(s), River, Creek/Stream
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Exclusions: No
  • Foundation Details: Poured
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Not Applicable
  • Heating: Radiant
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Trash Collection, Water Available, Cable Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trails/Paths, Public Transportation
  • Association Fee: 8220.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Owner Only, Pet Restrictions

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 56828.38
  • Parcel #: 6517328
  • Zoning Description: Planned Unit Development

Green Features

  • Green Building Verification Type: None

Tax Info

  • Tax Annual Amount: 3493.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Aug 13, 2025
Sold by
Sheryl Rene Noon Irrevocable Lifetime Tr
Bought by
Mcpherson Joint Revocable Trust
Seller's Agent
Isabel Rawson
Christie`s International Real Estate CO LLC
Buyer's Agent
Carter Van Vleet
Colorado R.E. Summit County
List Price
$1,150,000
Sold Price
$934,000
Premium/Discount to List
-$216,000
-18.78%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.27%

Purchase Details

Listed on
Aug 4, 2015
Closed on
Oct 16, 2017
Sold by
Marchand Lorna and Miller David
Bought by
The Lorna J Marchand And David R Miller
Seller's Agent
Tate Santee
The Real Estate Group
Buyer's Agent
Tate Santee
The Real Estate Group
List Price
$545,000
Sold Price
$545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Source: Public Records

Range of Values:

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Average Value
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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
Special Warranty Deed $934,000 Land Title
Interfamily Deed Transfer -- Land Title Guarantee Co
Warranty Deed $545,000 Land Title Guarantee Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2025 08/13/25 Sold $934,000 -1.1% $954 / Sq Ft
07/11/2025 07/11/25 Pending -- -- --
06/13/2025 06/13/25 Price Changed $944,000 -2.1% $964 / Sq Ft
05/20/2025 05/20/25 Price Changed $964,000 -0.5% $985 / Sq Ft
04/17/2025 04/17/25 Price Changed $969,000 -2.6% $990 / Sq Ft
03/06/2025 03/06/25 Price Changed $995,000 -3.3% $1,016 / Sq Ft
02/07/2025 02/07/25 Price Changed $1,029,000 -2.8% $1,051 / Sq Ft
01/24/2025 01/24/25 Price Changed $1,059,000 -1.4% $1,082 / Sq Ft
11/21/2024 11/21/24 Price Changed $1,074,000 -2.3% $1,097 / Sq Ft
07/26/2024 07/26/24 Price Changed $1,099,000 -2.3% $1,123 / Sq Ft
06/28/2024 06/28/24 Price Changed $1,125,000 -2.2% $1,149 / Sq Ft
03/22/2024 03/22/24 For Sale $1,150,000 +67.9% $1,175 / Sq Ft
08/17/2020 08/17/20 Sold $685,000 0.0% $660 / Sq Ft View Prior Sale
07/18/2020 07/18/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $685,000 +25.7% $660 / Sq Ft
10/16/2017 10/16/17 Sold $545,000 0.0% $525 / Sq Ft View Prior Sale
09/16/2017 09/16/17 Pending -- -- --
08/04/2015 08/04/15 For Sale $545,000 -- $525 / 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 $3,493 $68,347 -- $68,347
2023 $3,493 $64,662 $0 $0
2022 $2,522 $44,146 $0 $0
2021 $2,544 $45,417 $0 $0
2020 $2,090 $39,849 $0 $0
2019 $2,061 $39,849 $0 $0
2018 $1,826 $34,205 $0 $0
2017 $743 $15,228 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Isabel Rawson

    Seller's Agent in 2025

    Isabel Rawson

    Christie`s International Real Estate CO LLC

    (970) 389-0397

    12 in this area

    42 Total Sales

    Isabel Rawson
    Section Image

  • C

    Buyer's Agent in 2025

    Carter Van Vleet

    Colorado R.E. Summit County

    (503) 997-0143

    1 in this area

    1 Total Sale

    Carter Van Vleet
    Section Image
  • Tate Santee

    Seller's Agent in 2020

    Tate Santee

    The Real Estate Group

    (303) 512-3744

    1 in this area

    2 Total Sales

    Tate Santee
    Section Image
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Map

Source: Summit MLS

MLS Number: SU1048014

Summit MLS

APN: 6517328

Colorado Summit County Silverthorne 80498

421 Rainbow Dr Unit 12, Silverthorne, CO

This home is located at 421 Rainbow Dr Unit 12, Silverthorne, CO 80498 and is currently priced at $934,000, approximately $954 per square foot. This property was built in 2015. 421 Rainbow Dr Unit 12 is a home located in Summit County with nearby schools including Silverthorne Elementary School, Summit Middle School, and Summit High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Summit MLS Copyright © 2025 SAR MLS. The information displayed herein was derived from sources believed to be accurate, but has not been verified by SAR MLS. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers’ personal, non-commercial use. Any republication or reproduction of the information herein without the express permission of the SAR MLS is strictly prohibited.

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