$1,100,000
SOLD JUL 25, 2025

421 Rainbow Dr Unit 6 Silverthorne, CO 80498

2 Beds
2 Baths
1,024 Sq Ft
$645/mo HOA Fee

Recently Sold

$1,074 Per Sq Ft

2 Days on Market

Highlights

  • Golf Course Community
  • 1.3 Acre Lot
  • Clubhouse
  • River View
  • Open Floorplan
  • 3-minute walk to Rainbow Park

About This Home

As of July 2025

Experience the pinnacle of mountain living in this rarely available riverfront penthouse, perfectly positioned along the banks of the Blue River with commanding, unobstructed views of Mt. Buffalo and Red Mountain. Thoughtfully designed and impeccably maintained, this residence offers the privacy, luxury, and convenience you’ve been waiting for. Step into your private elevator and arrive directly inside a beautifully appointed home featuring vaulted ceilings, rich hardwood floors, a warm gas fireplace, and radiant floor heating throughout the condo. The open-concept kitchen is outfitted with top-tier appliances, ideal for entertaining or cozy evenings in. Enjoy the soothing sounds of the river from your covered deck—hot tub-ready and perfect for year-round relaxation. This amenity-rich penthouse includes a private two-car garage, full-size washer and dryer, and in-unit elevator—all designed for effortless comfort. Located in the vibrant heart of Silverthorne, you’re just a short stroll to the town center with its boutique shopping, diverse dining, art installations, recreation centers, and scenic parks. Outdoor enthusiasts will love the direct access to paved recreation paths and nearby adventures including gold medal fishing, world-class skiing, golf, hiking, biking, sailing, and paddle boarding on Lake Dillon. Centrally located for quick access to premier ski resorts—Breckenridge, Keystone, Arapahoe Basin, Copper Mountain, Loveland, Vail, and Beaver Creek—all just a short drive away. A free bus stop across the street ensures seamless access throughout Summit County. This is more than a home; It’s a basecamp for your Colorado lifestyle.

Last Agent to Sell the Property

Elizabeth Willett

Coldwell Banker Mountain Properties Brokerage Phone: (970) 453-0401 License #FA100086653 Listed on: 06/18/2025

Coldwell Banker Mountain Properties

Co-Listed By

Leah Canfield

Coldwell Banker Mountain Properties Brokerage Phone: (970) 453-0401 License #FA100055491

Last Buyer's Agent

Megan Wheat

Slifer Smith & Frampton R.E. License #FA100066690

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,512

Year Built

  • Built in 2015

Lot Details

  • River Front

HOA Fees

  • $645 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • River
  • Creek or Stream
  • Mountain

Home Design

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

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Partially Furnished
  • High Ceiling
  • Gas Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

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

Utilities

  • Common Heating System
  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6517335

Community Details

Overview

  • Rivers Edge Condo Subdivision

Amenities

  • Public Transportation
  • Clubhouse

Recreation

  • Golf Course Community
  • Trails

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,512

Year Built

Built in 2015

Lot Details

0

HOA Fees

$645 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
  • Co List Office Mls Id: 1029
  • Co List Office Phone: (970) 453-0401
  • Subdivision Name: RIVERS EDGE CONDO
  • Directions: From I70, head N on Blue River Parkway, R on Rainbow Dr. Rivers Edge is on Left.
  • 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: Dryer, Dishwasher, Disposal, Gas Range, Microwave Hood Fan, Microwave, Refrigerator, Washer
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Eat-in Kitchen, Elevator, Fireplace, Granite Counters, High Ceilings, Open Floorplan
  • Living Area: 1024.0
  • Dining Room Type: Eat-in Kitchen

Exterior Features

  • 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
  • Heating: Common, Radiant
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Trails/Paths, Public Transportation
  • Association Fee: 7740.0
  • 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 #: 6517335
  • Zoning Description: Planned Unit Development

Green Features

  • Green Building Verification Type: Unknown

Tax Info

  • Tax Annual Amount: 3512.25
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2025
Closed on
Jul 25, 2025
Sold by
Omalley-Keyes Derek and Teh Ee Lin
Bought by
Holden Koren Lee
Seller's Agent
Elizabeth Willett
Coldwell Banker Mountain Properties
Buyer's Agent
Megan Wheat
Slifer Smith & Frampton R.E.
List Price
$1,100,000
Sold Price
$1,100,000
Views
8
Current Estimated Value
$1,094,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,980
Avg. Annual Appreciation
-1.08%
Original Mortgage
$300,000
Outstanding Balance
$299,491
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$794,529

Purchase Details

Closed on
Jul 19, 2021
Sold by
Weseley Stephen A and Weseley Elisabeth R
Bought by
Weseley Stephen A and Weseley Elisabeth R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Warranty Deed $1,100,000 Land Title
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2025 07/25/25 Sold $1,100,000 0.0% $1,074 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
06/18/2025 06/18/25 For Sale $1,100,000 +100.0% $1,074 / Sq Ft
10/06/2017 10/06/17 Sold $550,000 0.0% $488 / Sq Ft View Prior Sale
09/06/2017 09/06/17 Pending -- -- --
12/10/2015 12/10/15 For Sale $550,000 -- $488 / Sq Ft
Source: Summit MLS

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 $3,669 $71,590 -- $71,590
2023 $3,669 $67,905 $0 $0
2022 $2,640 $46,211 $0 $0
2021 $2,663 $47,540 $0 $0
2020 $2,122 $40,462 $0 $0
2019 $2,093 $40,462 $0 $0
2018 $1,867 $34,988 $0 $0
2017 $778 $15,928 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Summit MLS

MLS Number: S1059785

Summit MLS

APN: 6517335