421 Rainbow Drive UNIT 5, Silverthorne, CO 80498
OFF MARKET

421 Rainbow Drive UNIT 5
Silverthorne, CO 80498

  • 2 Beds
  • 2 Baths
  • 997 sqft

$1,072,600

Trulia Estimate
as of Jun 18, 2026
Est. Refi. Payment $5,775/mo*
Refinance Your Home

$1,072,600

Trulia Estimate
as of Jun 18, 2026
Est. Refi. Payment $5,775/mo*
Refinance Your Home
2 Beds
2 Baths
997 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Beautiful 2 bedroom Penthouse condo that is ON the Blue River (NOT on Hwy 9), and has some of the best Views in Silverthorne. Enjoy your PRIVATE in-unit elevator that takes you next to your tandem 2 car garage. It is a very short walk across the pedestrian bridge to 4th St Crossing, restaurants, shops, the theatre, Pavilion, and breweries. On the Silverthorne bike path that is outside your door, and across the street from the rec center. Listen to the Blue River flow by from your oversized deck or fish the Gold Medal waters. Enjoy the serenity away from the hustle and bustle that this condo offers. Vaulted ceilings, gas fireplace, newer construction, impeccably maintained, double oven, gas range, extra counter space in the kitchen, and being offered partially furnished. Newer construction, finished in 2017, you will love the vaulted ceilings and attention to detail of this luxury property. Zone 2 Silverthorne, str allowed -verify with the Town. River's Edge is one of the BEST condos in Summit County and this peaceful Penthouse unit will not disappoint.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 12, 2024

Home Highlights

Parking
Garage
Outdoor
Deck
A/C
Heating only
HOA
$702/Monthly
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 421 Rainbow Drive UNIT 5

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 997 Square Feet
Appliances & Utilities
Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection, Water Available, Cable Available, Sewer ConnectedAppliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, WasherDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,RadiantHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Fireplace: GasHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: See Remarks, Tile, Wood
Levels, Entrance, & Accessibility
Levels: OneElevatorFloors: See Remarks, Tile, Wood
View
Has a ViewView: Mountain(s), River, Creek/Stream

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: DeckFoundation: Poured
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageParking Spaces: 2Parking: Garage
Frontage
WaterfrontWaterfront: River FrontFrontage Type: RiverOn Waterfront
Water & Sewer
Sewer: Connected, Public Sewer

Days on Market

Cumulative Days on Market: 253

Property Information

Year Built
Year Built: 2015
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium
Property Information
Condition: ResaleNot Included in Sale: NoParcel Number: 6517334

Price & Status

Price
List Price: $1,200,000
Status Change & Dates
Off Market Date: Fri Apr 12 2024Possession Timing: Delivery Of Deed

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: SilverthorneCommunity: Rivers Edge Condo

Community

Community Features: Club Membership Available, Golf, Trails/Paths, Public Transportation

HOA

HOA Fee Includes: Association Management, Common Area Maintenance, Common Areas, Cable TV, Gas, Heat, Internet, Sewer, Snow Removal, Trash, WaterAssociation for this Listing: Summit Association of RealtorsHas an HOAHOA Fee: $8,424/Annually

Lot Information

Lot Area: 1.3046 Acres

Offer

Listing Agreement Type: Exclusive Right To Sell

Miscellaneous

Mls Number: S1042621Water ViewWater View: River, Creek/StreamAttribution Contact: (970) 409-9236Showing Requirements: Appointment Only, Call Listing Agent, Lockbox

Additional Information

Club Membership AvailableGolfTrails/PathsPublic Transportation
Last check for updates: about 1 hour ago
Listed by Erika Schmidt, (970) 409-9236
Peak Mountain Real Estate
Bought with: Tucker Stone, (970) 389-7187, RE/MAX Properties of the Summit
Originating MLS: Summit Association of Realtors
Source: Altitude Realtors, MLS#S1042621

Price History for 421 Rainbow Drive UNIT 5

DatePriceEventSource
04/12/2024$1,200,000Sold
Altitude Realtors #S1042621
03/15/2024$1,200,000PendingAltitude Realtors #S1042621
11/25/2023$1,200,000PriceChange
Altitude Realtors #S1042621
10/26/2023$1,250,000PriceChange
Altitude Realtors #S1042621
09/19/2023$1,265,000PriceChange
Altitude Realtors #S1042621
07/05/2023$1,300,000Listed For SaleAltitude Realtors #S1042621

Market trends in Silverthorne

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

Year2025
Tax$3,445
Assessment$1,002,000
Home facts updated by county records

Homeowner tools

Estimated monthly rent$3,371/mo
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Homes for rent near 421 Rainbow Drive UNIT 5

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Comparable Sales for 421 Rainbow Drive UNIT 5

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
421 Rainbow Drive UNIT 6, Silverthorne, CO
0.01
Condo
$1,100,000
07/25/25
2
2
1,024
421 Rainbow Drive UNIT 2, Silverthorne, CO
0.01
Condo
$1,090,000
12/30/25
2
2
1,098
421 Rainbow Drive UNIT 12, Silverthorne, CO
0.00
Condo
$934,000
08/13/25
2
2
979
421 Rainbow Drive UNIT 23, Silverthorne, CO
0.03
Condo
$825,000
02/24/26
2
2
1,040
37 W 4th Street UNIT 305E, Silverthorne, CO
0.14
Condo
$900,000
04/06/26
2
2
1,148
75 W 4th Street UNIT 304W, Silverthorne, CO
0.16
Condo
$900,000
12/29/25
2
2
1,163
421 Rainbow Drive UNIT 21, Silverthorne, CO
0.03
Condo
$1,650,000
10/01/25
4
3
2,063
37 W 4th Street UNIT 203E, Silverthorne, CO
0.14
Condo
$750,000
07/25/25
2
2
1,019
75 W 4th Street UNIT 206, Silverthorne, CO
0.16
Condo
$770,000
08/22/25
2
2
1,100
37 W 4th Street UNIT 201E, Silverthorne, CO
0.13
Condo
$1,195,000
11/24/25
3
2
1,647

Nearby homes

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Assigned Schools

These are the assigned schools for 421 Rainbow Drive UNIT 5.
View nearby schools on GreatSchools
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

  • 70 % Say parking is easy

  • 68 % Say there's holiday spirit

  • 67 % Say there are sidewalks

  • 65 % Say it's quiet

  • 59 % 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

  • 51 % 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 "
    0
    Flag
  • 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."
    0
    Flag
  • 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"
    0
    Flag
  • Nicole_js2007
    "I do not know because I do not live here unfortunetly! Its a beautiful city in the valley!❤️ ❤️ ❤️ ❤️ ❤️ "
    0
    Flag
  • 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. "
    0
    Flag
  • 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."
    0
    Flag
  • 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."
    0
    Flag
  • Angel F.
    "nice place to live love the snow clean and lots of new people to meet with good shopping . I need 100 characters "
    0
    Flag
  • Guy B.
    "what makes this neighborhood great are great views of the mountains and centrally located to shopping freeway and schools"
    1
    Flag
  • Ledmondmem51
    "The natural landscape has been preserved. Multiple wild animals (Deer, fox, and moose) walk thru my yard. Great view of mountains. "
    2
    Flag
  • 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. "
    0
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  • 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."
    0
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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.
421 Rainbow Drive UNIT 5, Silverthorne, CO 80498 is a 2 bedroom, 2 bathroom, 997 sqft condo built in 2015. This property is not currently available for sale. 421 Rainbow Drive UNIT 5 was last sold on Apr 12, 2024 for $1,200,000 (0% higher than the asking price of $1,200,000). The current Trulia Estimate for 421 Rainbow Drive UNIT 5 is $1,072,600.