421 Rainbow Drive UNIT 12, Silverthorne, CO 80498
Property image
Property image
OFF MARKET

421 Rainbow Drive UNIT 12
Silverthorne, CO 80498

  • 2 Beds
  • 2 Baths
  • 979 sqft

$921,600

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $5,021/mo*

$921,600

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $5,021/mo*
2 Beds
2 Baths
979 sqft

Local Information

  • Map ViewExplore the area around 421 Rainbow Drive UNIT 12.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

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!
421 Rainbow Drive UNIT 12, Silverthorne, CO 80498 is a 2 bedroom, 2 bathroom, 979 sqft condo built in 2015. It last sold for $934,000 on Aug 13, 2025 (1% below the $944,000 asking price). It is currently off market. The Trulia Estimate is $921,600, with a rent estimate of $3,490/month.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
$685/Monthly
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 421 Rainbow Drive UNIT 12

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 979 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Trash Collection, Water Available, Cable Available, Sewer ConnectedAppliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer, Washer/DryerDishwasherDisposalDryerLaundry: In UnitMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: RadiantHas HeatingHeating Fuel: Radiant
Fireplace & Spa
Number of Fireplaces: 1Fireplace: GasHas a FireplaceJetted Bath Tub
Windows, Doors, Floors & Walls
Flooring: Carpet, See Remarks, Tile
Levels, Entrance, & Accessibility
Levels: OneFloors: Carpet, See Remarks, Tile
View
Has a ViewView: Mountain(s), River, Creek/Stream

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation: Poured
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageParking Spaces: 2Parking: Garage
Frontage
WaterfrontWaterfront: River FrontFrontage Type: RiverRoad Surface Type: PavedOn Waterfront
Water & Sewer
Sewer: Connected, Public Sewer

Property Information

Year Built
Year Built: 2015
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium
Building
Building Name: Rivers Edge CondoBuilding: Not Applicable
Property Information
Condition: ResaleNot Included in Sale: NoParcel Number: 6517328

Price & Status

Price
List Price: $944,000
Status Change & Dates
Off Market Date: Wed Aug 13 2025Possession Timing: Delivery Of Deed

Active Status

MLS Status: Closed

Location

Direction & Address
City: SilverthorneCommunity: Rivers Edge Condo

Community

Community Features: Trails/Paths, Public Transportation

HOA

Association for this Listing: Summit Association of RealtorsHas an HOAHOA Fee: $8,220/Annually

Lot Information

Lot Area: 1.3046 Acres

Rental Terms, Policies & Fees

Partially Furnished

Miscellaneous

Mls Number: SU1048014Water ViewWater View: River, Creek/StreamAttribution Contact: (970) 389-0397

Additional Information

Trails/PathsPublic Transportation
Last check for updates: about 7 hours ago
Listed by Isabel Rawson, (970) 389-0397
Christie`s International Real Estate CO LLC
Bought with: Carter Van Vleet, (503) 997-0143, Colorado R.E. Summit County
Originating MLS: Summit Association of Realtors
Source: Altitude Realtors, MLS#SU1048014

Price History for 421 Rainbow Drive UNIT 12

DatePriceEventSource
08/13/2025$934,000Sold
Altitude Realtors #SU1048014
07/11/2025$944,000PendingAltitude Realtors #SU1048014
06/13/2025$944,000PriceChange
Altitude Realtors #SU1048014
05/20/2025$964,000PriceChange
REcolorado as distributed by MLS GRID #9439090
04/17/2025$969,000PriceChange
Altitude Realtors #SU1048014
03/06/2025$995,000PriceChange
Altitude Realtors #SU1048014
02/07/2025$1,029,000PriceChange
Altitude Realtors #SU1048014
01/24/2025$1,059,000PriceChange
Altitude Realtors #SU1048014
11/21/2024$1,074,000PriceChange
Altitude Realtors #SU1048014
07/26/2024$1,099,000PriceChange
Altitude Realtors #SU1048014
06/28/2024$1,125,000PriceChange
Altitude Realtors #SU1048014
03/22/2024$1,150,000Listed For SaleAltitude Realtors #SU1048014
10/19/2017$545,000Sold
N/A

Market trends in Silverthorne

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$750K
$5.15K
MoM
Sale-to-List Price
Price per sq ft
$580
$20
MoM
Available listings
178
34
MoM
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Property Tax and Assessment

Year2025
Tax$3,344
Assessment$982,800
Home facts updated by county records

Comparable Sales for 421 Rainbow Drive UNIT 12

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.01
Condo
$1,100,000
07/25/25
2
2
1,024
0.03
Condo
$825,000
02/24/26
2
2
1,040
0.01
Condo
$1,090,000
12/30/25
2
2
1,098
0.14
Condo
$900,000
04/06/26
2
2
1,148
0.16
Condo
$900,000
12/29/25
2
2
1,163
0.16
Condo
$740,000
07/02/26
2
2
1,163
0.03
Condo
$1,650,000
10/01/25
4
3
2,063
0.55
Condo
$920,000
06/17/26
2
2
993
0.14
Condo
$750,000
07/25/25
2
2
1,019

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Assigned Schools

These are the assigned schools for 421 Rainbow Drive UNIT 12.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Silverthorne

At least 34 Trulia users voted on each feature.
  • 89 % Say it's dog friendly

  • 88 % Say there's wildlife

  • 84 % Say car is needed

  • 75 % Say people would walk alone at night

  • 71 % Say parking is easy

  • 68 % Say there's holiday spirit

  • 65 % Say it's quiet

  • 65 % Say there are sidewalks

  • 58 % Say there are community events

  • 57 % Say they plan to stay for at least 5 years

  • 56 % Say neighbors are friendly

  • 55 % Say yards are well-kept

  • 52 % Say kids play outside

  • 43 % Say it's walkable to restaurants

  • 38 % Say streets are well-lit

  • 28 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Pselitto
    "Very dog friendly neighborhood, many off leash dog though so if your dog doesn’t like other dogs might be a problem "
  • Jen B.
    "5 minutes to town. Public transit is very available. Easy to travel quickly between neighborhoods and towns. Bike paths very accessible. Winter travel is challenging in areas."
  • Mackenzie E. B.
    "there are definitely a lot of dog owners and lots of dog friendly areas in this neighborhood. Most tend to be very friendly"
  • Nicole_js2007
    "I do not know because I do not live here unfortunetly! Its a beautiful city in the valley!❤️ ❤️ ❤️ ❤️ ❤️ "
  • Puetzsm
    "Dinning out is terrible. Horrible service for mediocre food. There is no decent shopping so you have to order everything online. Mail is the worst. It takes forever if you even get it at all. People are ok. Housing is over the top expensive for bottle of the barrel quality. "
  • Mtnkid.jw
    "We've lived in this area full time for ten years, this area is very quiet yet close to shopping and the resorts."
  • Taylor Hawes
    "The nearby trails and wildlife are amazing! The proximity to town and I-70 are perks. I have lived in this neighborhood three different times - great for locals."
  • Angel F.
    "nice place to live love the snow clean and lots of new people to meet with good shopping . I need 100 characters "
  • Guy B.
    "what makes this neighborhood great are great views of the mountains and centrally located to shopping freeway and schools"
  • Ledmondmem51
    "The natural landscape has been preserved. Multiple wild animals (Deer, fox, and moose) walk thru my yard. Great view of mountains. "
  • oldedit
    "We've loved our 16+ years here. Think location, skiing, shopping and wonderful mountain views. Fly fishing and summer hiking are incredible. We're only 75 miles, or about 1:20 hr. from Denver. 9 miles from Keystone/Copper. 25 from Vail. Minutes from supermarkets, restaurants, Silverthorne's incredible recreational center, the library and the Post Office. Folks are friendly and helpful as well as fun. "
  • Edward F. O. B.
    "We live in Hamilton Creek. The community borders National Forest. Summit County's 4 ski areas are close by. Steambot is 90 miles North West. Vail is 25 min West. The community is low density with wonderful trails built by community members. Elk, deer, fox, a few bears and moose live peacefully together. Winter & Summer recreation is enjoyed by all."

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Copyright © 2026 Altitude Realtors. The information displayed herein was derived from sources believed to be accurate, but has not been verified by Altitude Realtors. 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.