NOT LISTED FOR SALE

421 Rainbow Dr Unit 23 Silverthorne, CO 80498

Estimated Value: $831,000 - $922,357

2 Beds
2 Baths
1,040 Sq Ft
1.3 Acre Lot

Sale Details

Date Sold: February 24, 2026

Last sale price $825,000 $793 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,599 / mo

241 Days on Market

Highlights

  • Golf Course Community
  • 1.3 Acre Lot
  • Property is near public transit
  • River Front
  • Mountain View
  • 3-minute walk to Rainbow Park

About This Home

As of February 2026

River's Edge Condos are ON the Blue River (NOT on Hwy 9), and has some of the best Views in Silverthorne. This East facing unit is on miles of bike paths that connect across the county and beyond, and is across the street from the award winning Silverthorne Rec Center. Your tandem 2 car garage is extra large with about an extra 10 feet in length for even more toy storage. It is a very short walk across the pedestrian bridge to 4th St Crossing, restaurants, shops, the theatre, Pavilion, and breweries. Watch the sunrise in the mornings with a cup of coffee, and relax with a glass of wine in the evenings on your oversized deck. Fly fish outside your door on the amazing Blue River. Enjoy the serenity away from the hustle and bustle that this condo offers. Gas fireplace, leathered granite counter tops, engineered hardwood floors, upgraded knotty alder cabinets, never rented, impeccably maintained, gas range, extra counter space in the kitchen, and being offered fully furnished. Newer construction, finished in 2017, you will love the attention to detail of this luxury property and the higher quality finishes than you find in other properties. Zone 2 Silverthorne, str allowed -verify with the Town. There are 5 Ski Resorts less than 16 miles away. River's Edge is one of the BEST condos in Summit County, and this peaceful 2 bedroom unit will not disappoint.

Last Agent to Sell the Property

ERIKA B SCHMIDT

Peak Mountain Real Estate Brokerage Phone: (970) 409-9236 License #ER100001617 Listed on: 06/01/2025

Last Buyer's Agent

Elle Dice

Breckenridge Associates R.E. License #FA100095708

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,205

Year Built

  • Built in 2015

Lot Details

  • River Front
  • Landscaped

HOA Fees

  • $679 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Parking

Home Design

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

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Furnished
  • High Ceiling
  • Gas Fireplace
  • Mountain Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Location

  • Property is near public transit

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6517616

Community Details

Overview

  • Rivers Edge Condo Subdivision

Amenities

  • Public Transportation

Recreation

  • Golf Course Community
  • Trails

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,205

Year Built

Built in 2015

Lot Details

1.3 Acres

HOA Fees

$679 per month

Parking

2

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: I70 Silverthorne exit, North to light for Rainbow Dr and turn right. About 1/2 mile on left is River's Edge Condo's across from Rec Center. You can park on the street in front of the door, or on the South side of the building (if you are showing more than 1 unit). East side entry (street side), 2nd door from the South end of building, (it says #23 on it) to second floor.
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 2015
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Five Piece Bathroom, Fireplace, Granite Counters, High Ceilings, High Speed Internet, Cable TV
  • Living Area: 1040.0
  • Dining Room Type: Other

Exterior Features

  • Lot Features: City Lot, Landscaped, Near Public Transit
  • View: Mountain(s)
  • 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, Tandem

Utilities

  • Laundry Features: Laundry Closet, In Unit
  • Green Building Features: See Remarks
  • Heating: Natural Gas, 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: Golf, Trails/Paths, Public Transportation
  • Amenities: Snow Removal
  • Association Fee: 8148.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Owner Only, Pet Restrictions

Schools

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

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 56776.1
  • Parcel #: 6517616
  • Zoning Description: Multi-Family

Green Features

  • Green Building Verification Type: Unknown

Tax Info

  • Tax Annual Amount: 3205.19
  • 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
Jun 1, 2025
Closed on
Feb 24, 2026
Sold by
Bought by
Seller's Agent
ERIKA B SCHMIDT
Peak Mountain Real Estate
Buyer's Agent
Elle Dice
Breckenridge Associates R.E.
List Price
$975,000
Sold Price
$825,000
Premium/Discount to List
-$150,000
-15.38%
Views
41
Current Estimated Value
$863,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,119
Avg. Annual Appreciation
14.67%
Original Mortgage
$275,000
Outstanding Balance
$275,000
Interest Rate
5.47%
Mortgage Type
New Conventional
Estimated Equity
$588,119

Purchase Details

Listed on
Jun 1, 2020
Closed on
Sep 8, 2020
Sold by
Bought by
Seller's Agent
Tate Santee
The Real Estate Group
Buyer's Agent
Stewart Voutour
Slifer Smith & Frampton R.E.
List Price
$660,000
Sold Price
$660,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$825,000 Land Title
$660,000 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
Open $275,000
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 Prior Sale
02/24/2026 02/24/26 Sold $825,000 -7.8% $793 / Sq Ft
01/28/2026 01/28/26 Pending -- -- --
11/24/2025 11/24/25 Price Changed $895,000 -8.2% $861 / Sq Ft
06/01/2025 06/01/25 For Sale $975,000 +47.7% $938 / Sq Ft
09/08/2020 09/08/20 Sold $660,000 0.0% $607 / Sq Ft View Prior Sale
08/09/2020 08/09/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $660,000 -- $607 / 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 $3,205 $64,804 -- $64,804
2024 $3,348 $65,653 -- $65,653
2023 $3,348 $61,968 $0 $0
2022 $2,453 $42,930 $0 $0
2021 $2,474 $44,166 $0 $0
2020 $1,792 $34,161 $0 $0
2019 $1,767 $34,161 $0 $0
2018 $1,717 $32,176 $0 $0
2017 $555 $11,362 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • ERIKA B SCHMIDT

    Seller's Agent in 2026

    ERIKA B SCHMIDT

    Peak Mountain Real Estate

    (970) 409-9236

    41 Total Sales

    ERIKA B SCHMIDT
    Section Image
  • Elle Dice

    Buyer's Agent in 2026

    Elle Dice

    Breckenridge Associates R.E.

    (970) 368-0586

    73 Total Sales

    Elle Dice
    Section Image
  • Tate Santee

    Seller's Agent in 2020

    Tate Santee

    The Real Estate Group

    (303) 512-3744

    10 Total Sales

    Tate Santee
    Section Image
  • Stewart Voutour

    Buyer's Agent in 2020

    Stewart Voutour

    Slifer Smith & Frampton R.E.

    (970) 409-7938

    85 Total Sales

    Stewart Voutour
    Section Image
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Map

Source: Summit MLS

MLS Number: S1059365

Summit MLS

APN: 6517616

Colorado Summit County Silverthorne 80498

421 Rainbow Dr Unit 23, 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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