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

$1,055,100

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 997 sqft

421 Rainbow Drive UNIT 5, Silverthorne, CO 80498

Est. Refi. Payment $5,893/mo*
Refinance Your Home
Currently Off Market - Sold Apr 12, 2024 for $1,200,000

Home Value

Trulia Estimate
$1.05M
Since last month
Decreased$7K (-0.6%)
Since last year
Decreased$153K (-12.7%)
Since last sale
Decreased$145K (-12.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +63% in the last 10 years
MonthEstimated value
2026
August 2026$1.06M
August 2026$1.05M
July 2026$1.06M
June 2026$1.07M
May 2026$1.07M
April 2026$1.08M
March 2026$1.07M
February 2026$1.07M
January 2026$1.03M
2025
2024
2023
2022
2021

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
421 Rainbow Drive UNIT 2, Silverthorne, CO
0.01
Condo
$1,090,000
12/30/25
2
2
1,098
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
75 W 4th Street UNIT 204W, Silverthorne, CO
0.16
Condo
$740,000
07/02/26
2
2
1,163
830 Blue River Parkway UNIT 102, Silverthorne, CO
0.41
Condo
$940,000
07/10/26
2
2
1,169
421 Rainbow Drive UNIT 21, Silverthorne, CO
0.03
Condo
$1,650,000
10/01/25
4
3
2,063
532 Center Circle UNIT 523, Silverthorne, CO
0.17
Condo
$537,825
08/17/26
2
2
784
930 Blue River Parkway UNIT 714, Silverthorne, CO
0.55
Condo
$920,000
06/17/26
2
2
993
930 Blue River Parkway UNIT 636, Silverthorne, CO
0.50
Condo
$1,115,000
08/10/26
3
2
1,175

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
421 Rainbow Drive UNIT 2, Silverthorne, CO 80498
0.01
$1,090,000
2
2
1,098
Recently Sold
421 Rainbow Drive UNIT 10, Silverthorne, CO 80498
0.01
$926,100
2
2
1,039
Off Market
421 Rainbow Drive UNIT 12, Silverthorne, CO 80498
0.00
$913,700
2
2
979
Off Market
421 Rainbow Drive UNIT 6, Silverthorne, CO 80498
0.01
$1,075,300
2
2
1,024
Off Market
421 Rainbow Drive UNIT 31, Silverthorne, CO 80498
0.01
$1,169,100
3
2
1,392
Off Market
421 Rainbow Drive UNIT 23, Silverthorne, CO 80498
0.03
$825,000
2
2
1,040
Recently Sold
421 Rainbow Drive UNIT 28, Silverthorne, CO 80498
0.03
$810,000
2
2
982
Off Market
421 Rainbow Drive UNIT 21, Silverthorne, CO 80498
0.03
$1,631,800
4
3
2,063
Off Market
421 Rainbow Drive UNIT 8, Silverthorne, CO 80498
0.04
$1,207,500
3
2
1,263
Off Market
37 W 4th Street UNIT 306, Silverthorne, CO 80498
0.12
$749,800
2
2
1,100
Off Market
37 W 4th Street UNIT 303, Silverthorne, CO 80498
0.12
$691,600
2
2
1,019
Off Market

Local Information

  • Map ViewExplore the area around 421 Rainbow Drive UNIT 5.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Condo
Built in 2015
997 sqft
$1,058/sqft
Garage
HOA $702/mo

About this House

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.
421 Rainbow Drive UNIT 5, Silverthorne, CO 80498 is a 2 bedroom, 2 bathroom, 997 sqft condo built in 2015. It last sold for the $1,200,000 asking price on Apr 12, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,055,100, with a rent estimate of $3,129/month.
Last check for updates: about 10 hours 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

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

Price and Tax history

DateEventPrice
Apr 12, 2024
Source: Altitude Realtors #S1042621
Sold
$1,200,000
Mar 15, 2024
Source: Altitude Realtors #S1042621
Pending
$1,200,000
Nov 25, 2023
Source: Altitude Realtors #S1042621
PriceChange
$1,200,000
Price decreased by 4%
Oct 26, 2023
Source: Altitude Realtors #S1042621
PriceChange
$1,250,000
Price decreased by 1%
Sep 19, 2023
Source: Altitude Realtors #S1042621
PriceChange
$1,265,000
Price decreased by 3%

Market trends in Silverthorne

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$915K
$33.33KMoM
Sale-to-List Price
97.8%
0.6%MoM
Price per sq ft
$593
$18MoM
Available listings
252
26MoM

Around this home

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 "
    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
    Flag
  • 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
    Flag

LGBTQ Local Legal Protections

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.

Frequently asked questions about 421 Rainbow Drive UNIT 5

  • What is 421 Rainbow Drive UNIT 5 estimated to be worth?
    Trulia's estimated value for 421 Rainbow Drive UNIT 5 in Silverthorne, CO is $1,055,100.
  • What is the price history for 421 Rainbow Drive UNIT 5?
    421 Rainbow Drive UNIT 5 in Silverthorne, CO last sold for $1,200,000 in April 2024.
  • Is Silverthorne a buyer's or seller's market?
    Silverthorne is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Silverthorne?
    The median sale price in Silverthorne is $915K. That is up $33.33K from the prior month.
  • Does 421 Rainbow Drive UNIT 5 have laundry facilities?
    Yes, 421 Rainbow Drive UNIT 5 in Silverthorne, CO has in-unit laundry.
  • Is there a virtual tour of 421 Rainbow Drive UNIT 5?
    Yes, a virtual tour of 421 Rainbow Drive UNIT 5 in Silverthorne, CO is available.

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