NOT LISTED FOR SALE

421 Rainbow Dr Unit 21 Silverthorne, CO 80498

Estimated Value: $1,263,000 - $1,633,000

4 Beds
3 Baths
2,063 Sq Ft
1.3 Acre Lot

Sale Details

Date Sold: October 1, 2025

Last sale price $1,650,000 $800 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $10,654 / mo

21 Days on Market

Highlights

  • Golf Course Community
  • River View
  • Atrium Room
  • RV Access or Parking
  • 1.3 Acre Lot
  • 3-minute walk to Rainbow Park

About This Home

As of October 2025

One-of-a-Kind Riverfront Penthouse in the Heart of Silverthorne

4 Beds | 3 Baths | 2,000+ Sq Ft | Private Elevator Access | 3-Car Garage

Experience mountain living at its finest in this rare 4-bedroom penthouse condo, perched directly on the banks of the Blue River with private elevator access straight into your unit. This exceptional residence offers the space and comfort of a single-family home with the ease and low-maintenance lifestyle of a luxury condo.

Located within walking distance to Silverthorne's top restaurants, shops, rec path, recreation center, Bluebird Market, gold medal fly fishing, and just minutes to 7 world-class ski resorts. A free Summit Stage bus stop across the street makes getting around the county effortless.

Key Features:
Over 2,000 SF of single-level living space|
Three oversized decks with sweeping mountain and river views|
Bright, open floor plan with a stunning Cupola-style skylight|
Two spacious primary suites + 2 additional guest bedrooms|
Dedicated office/den/gym flex space|
3-car secure garage with ample room for gear, storage, or toys|
Windows and sliding doors replaced in 2022 adding enhanced insulation & soundproofing|
Short Term Rental- Zone 2 – rental licenses are still available!

With riverfront tranquility, panoramic views, and modern mountain finishes, this unique property checks all the boxes—whether you’re looking for a weekend retreat, full-time residence, or a high-performing investment property.

Explore the home in detail using the 3D Virtual Tour.

Don’t miss this rare opportunity to own a spacious, lock-and-leave mountain escape in one of Summit County’s most desirable locations!

Last Agent to Sell the Property

Caroline Bellace Hass

Cornerstone Real Estate Co. Brokerage Phone: (970) 389-0728 License #FA100054243 Listed on: 08/21/2025

Last Buyer's Agent

Agent Not In Board

NON-BOARD OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,510

Year Built

  • Built in 2015

Lot Details

  • 1.3

HOA Fees

  • $1,342 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • RV Access or Parking

Property Views

  • River
  • Woods
  • Creek or Stream
  • Mountain

Home Design

  • Entry on the 3rd floor
  • Concrete Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,063 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Den
  • Recreation Room
  • Atrium Room
  • Home Gym
  • Washer and Dryer

Kitchen

  • Built-In Self-Cleaning Convection Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Upper Blue Elementary School
  • Summit Middle School
  • Summit High School

Utilities

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

Additional Features

  • River Front
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 6517614

Community Details

Overview

  • Rivers Edge Condo Subdivision

Amenities

  • Public Transportation
  • Elevator

Recreation

  • Golf Course Community
  • Trails

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,510

Year Built

Built in 2015

Lot Details

1.3 Acres

HOA Fees

$1,342 per month

Parking

3

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Lot Size Acres: 1.3034
  • Road Surface Type: Paved
  • Subdivision Name: RIVERS EDGE CONDO
  • Directions: Highway 9 to Rainbow Drive. Complex will be on the left. Take the second (north) driveway entrance. Look for unit #21 & Supra Box outside. There are 2 doors marked #21-use the door on the right and go up the stairs to the unit door.
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 2015
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Partially
  • Appliances: Built-In Oven, Convection Oven, Dryer, Dishwasher, Gas Cooktop, Disposal, Refrigerator, Self Cleaning Oven, Washer, Washer/Dryer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Luxury Vinyl, Luxury VinylTile, Tile
  • Interior Amenities: Atrium, Elevator, Fireplace, Skylights, Vaulted Ceiling(s)
  • Living Area: 2063.0
  • Dining Room Type: Exercise Room, Recreation, Study
  • Stories: 3

Exterior Features

  • Lot Features: Near Public Transit
  • View: Mountain(s), River, Creek/Stream, Trees/Woods
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Exclusions: Do Not Know
  • Construction Type: Wood Siding
  • Foundation Details: Poured
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Heated Garage, RV Access/Parking

Utilities

  • Green Building Features: Elevator(s)
  • Heating: Radiant
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Trails/Paths, Public Transportation
  • Association Fee: 16104.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Schools

  • Elementary School: Upper Blue
  • High School: Summit
  • Middle Or Junior School: Summit

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 56776.1
  • Parcel #: 6517614
  • Zoning Description: Multi-Family

Green Features

  • Green Building Verification Type: None

Tax Info

  • Tax Annual Amount: 5510.41
  • Tax Year: 2024

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2025
Closed on
Oct 1, 2025
Sold by
Bought by
Seller's Agent
Caroline Bellace Hass
Cornerstone Real Estate Co.
Buyer's Agent
Agent Not In Board
NON-BOARD OFFICE
List Price
$1,675,000
Sold Price
$1,650,000
Premium/Discount to List
-$25,000
-1.49%
Views
10
Current Estimated Value
$1,457,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$192,943
Avg. Annual Appreciation
-15.86%

Purchase Details

Closed on
Dec 7, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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

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 Buyer Sale Price Title Company
$1,650,000 Land Title
$830,000 Land Title Guarantee Co
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $664,000
Source: Public Records

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
10/01/2025 10/01/25 Sold $1,650,000 -1.5% $800 / Sq Ft
09/11/2025 09/11/25 Pending -- -- --
08/21/2025 08/21/25 For Sale $1,675,000 -- $812 / Sq Ft
Source: Summit MLS

Agents Affiliated with this Home

  • Caroline Bellace Hass

    Seller's Agent in 2025

    Caroline Bellace Hass

    Cornerstone Real Estate Co.

    (970) 389-0728

    72 Total Sales

    Caroline Bellace Hass
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Map

Source: Summit MLS

MLS Number: S1062212

Summit MLS

APN: 6517614

Colorado Summit County Silverthorne 80498

421 Rainbow Dr Unit 21, Silverthorne, CO

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Summit MLS Copyright © 2026 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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