862 Rainbow Road
Durango, CO 81303
- 3 Beds
- 2 Baths
- 1,660 sqft (on 15 acres)
3 Beds
2 Baths
1,660 sqft
(on 15 acres)
Home Value
Trulia Estimate
$697KSince last month
Increased$8K (+1.1%)Since last year
Increased$75K (+12.1%)Since last sale
Increased$63K (+9.8%)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 +44% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $700K |
| July 2026 | $692K |
| June 2026 | $698K |
| May 2026 | $695K |
| April 2026 | $694K |
| March 2026 | $689K |
| February 2026 | $678K |
| January 2026 | $680K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
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 |
|---|---|---|---|---|---|---|---|
0.32 | Single-Family Home | $1,650,000 | 10/30/25 | 5 | 3 | 4,438 | |
0.68 | Single-Family Home | $1,100,000 | 12/01/25 | 2 | 2 | 2,394 | |
0.77 | Single-Family Home | $499,000 | 05/04/26 | 4 | 3 | 3,190 | |
1.82 | Single-Family Home | $685,000 | 09/09/25 | 3 | 2 | 1,530 | |
2.10 | Single-Family Home | $730,500 | 12/02/25 | 3 | 3 | 2,880 | |
2.62 | Single-Family Home | $580,000 | 06/22/26 | 3 | 2 | 1,644 | |
2.32 | Single-Family Home | $1,025,000 | 08/17/26 | 4 | 2.5 | 3,154 |
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 |
|---|---|---|---|---|---|---|
0.32 | $1,650,000 | 5 | 3 | 4,438 | Recently Sold | |
0.34 | $474,300 | 2 | 2 | 1,600 | Off Market | |
0.47 | $1,023,800 | 3 | 3 | 3,531 | Off Market | |
0.65 | $1,049,200 | 3 | 2 | 1,791 | Off Market | |
0.62 | $495,900 | 4 | 2 | 2,264 | Off Market | |
0.68 | $1,100,000 | 2 | 2 | 2,394 | Recently Sold | |
0.66 | $659,400 | 3 | 2 | 1,408 | Off Market | |
0.70 | $169,000 | - | - | - | For Sale | |
0.79 | $99,000 | - | - | - | For Sale | |
0.77 | $1,075,000 | 4 | 3 | 3,190 | For Sale | |
0.79 | $575,000 | 4 | 2 | 1,904 | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1999
Lot Size
15 acres
Living Area
1,660 sqft
Price/Sqft
$420
Parking
Garage
About this House
Perched above the Animas River valley just minutes from downtown Durango, this 15 acre property is the Colorado homestead you’ve been dreaming of. The home is a charming 3 bed 2 bath home that encompasses 1660 SqFt across two levels with tons of recent updates. Sitting just up the hill from the valley bottom, the home is entered from a covered porch and deck that wraps around to the back yard. The porch has new pro-panel roofing and custom railing, giving you the perfect spot to enjoy the amazing western views and colorful sunsets that SW Colorado is known for. Once entering, you walk into the great room of the home which combines the living room, kitchen and dining area into one functional space. The kitchen has been completely renovated with custom countertops and open shelving in addition to brand new stainless steel appliances and a large island. The high ceilings and multiple windows create a bright and inviting space that is kept toasty in the winter by the wood burning stove, in addition to the in-floor heat. Just down the hall from the great room you find a full bath that has recent updates along with two bedrooms and the laundry area which has new stainless units on the main level. Beyond this space are the stairs to the upper level, at the top of the landing is an awesome office space with western facing windows that provide tons of sunlight and views out over the river valley making it the perfect work from home spot. Down the hall from the office you find the primary suite complete with more western facing windows, a large walk in closet and full bath. Heading back outside of the home to enjoy the seclusion and privacy of the 15 acres, you have an oversized 3 car detached garage, which along with the entire exterior of the home has been repainted, in addition to the attached carport giving you plenty of space to store all your vehicles and recreational toys. Continuing on past the garage you head up the drive to find a large plateau that has a garden, greenhouse and large chicken coop that has new solar powered lighting and electric fencing. Close to this area is a second septic system that was previously used for a mobile home that was removed from the property which gives you the opportunity to create a full hookup RV pad. One of the most unique features of the property is the fresh water spring the property has rights to and is the primary source of water. You have rights to 500 gallons of water per day that currently fill a cistern which services the house. This water is also used to water the garden as well as 12 new trees and full season perennial flowers that have been planted, 8 of which are mature fruit trees including plum, apricot, and apple. With some much to offer, this idyllic homestead is an opportunity unlike any other.
862 Rainbow Road, Durango, CO 81303 is a 3 bedroom, 2 bathroom, 1,660 sqft single-family home built in 1999. It last sold for $637,500 on Jul 9, 2024 (2% below the $649,999 asking price). It is currently off market. The Trulia Estimate is $696,600, with a rent estimate of $3,183/month.
Last check for updates: about 2 hours ago
Listed by Logan Austin, (970) 759-4044
Keller Williams Realty Southwest Associates, LLC
Bought with: Molly Malarsie, Keller Williams Realty Urban Elite, LLC
Co-Buyer's Agent: Frank Sandoval, Keller Williams Realty Southwest Associates, LLC
Source: CREN, MLS#813751

Home Details for 862 Rainbow Road
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MLS Status: Sold CREN Member |
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Interior Details Number of Rooms: 2Types of Rooms: Master Bedroom, Dining Room |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1660 Square Feet |
Appliances & Utilities Utilities: Electricity Connected, Internet, Phone - Cell Reception, Propane-Tank LeasedAppliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, WasherDishwasherDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Boiler,Radiant Floor,Wood StoveNo CoolingAir Conditioning: Ceiling Fan(s)Has HeatingHeating Fuel: Boiler |
Fireplace & Spa Fireplace: Den/Family Room, Wood StoveHas a Fireplace |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Window: Double Pane Windows, VinylFlooring: Hardwood, Tile |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Hardwood, Tile |
View Has a ViewView: Mountain(s), Valley |
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Exterior Home Features Roof: Architectural Shingles MetalPatio / Porch: Covered Porch, DeckOther Structures: Garage(s), Shed(s), Shed/StorageExterior: LandscapingFoundation: Slab |
Parking & Garage Number of Garage Spaces: 3Number of Carport Spaces: 1Number of Covered Spaces: 4Has a CarportHas a GarageNo Attached GarageParking Spaces: 4Parking: Detached Garage |
Frontage Road Frontage: Private RoadRoad Surface Type: GravelNot on Waterfront |
Water & Sewer Sewer: Septic Tank |
Farm & Range Not Allowed to Raise HorsesDoes Not Include Irrigation Water Rights |
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Year Built Year Built: 1999 |
Property Type / Style Property Type: ResidentialProperty Subtype: Stick BuiltArchitecture: Contemporary |
Building Construction Materials: Wood, Wood Frame, Metal Siding, OtherNot a New ConstructionAttached To Another Structure |
Property Information Usage of Home: Mountain Recreation, ResidentialParcel Number: 590530301008 |
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Price List Price: $649,999 |
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Direction & Address City: DurangoCommunity: Rainbow Springs |
School Information Elementary School: Sunnyside K-5Jr High / Middle School: Escalante 6-8High School: Durango 9-12 |
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Building Area Building Area: 1660 Square Feet |
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HOA Name: Rainbow SpringsHas an HOA |
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Lot Area: 15 Acres |
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Mls Number: 813751Water ViewWater View: Stream/RiverAttribution Contact: C: 970-759-4044 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 9, 2024 Source: CREN #813751 | Sold | $637,500 |
Jun 6, 2024 Source: CREN #813751 | Contingent | $649,999 |
May 20, 2024 Source: CREN #813751 | Listed For Sale | $649,999 |
May 29, 2020 Source: N/A | Sold | $350,000 |
Mar 11, 2020 Source: Agent Provided | Pending | $350,000 |
Dec 10, 2019 Source: Agent Provided | PendingToActive | $350,000 |
Oct 31, 2019 Source: Agent Provided | Pending | $350,000 |
Oct 28, 2019 Source: Agent Provided | PriceChange | $350,000 Price decreased by 4% |
Oct 15, 2019 Source: Agent Provided | PriceChange | $365,000 Price decreased by 3% |
Sep 24, 2019 Source: Agent Provided | Listed For Sale | $375,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,209 | $611,970 |
Home facts updated by county records
Market trends in Durango
Last updated July 2026
Avg. sale price
$775K
$11.5KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$447
$2MoM
Available listings
391
6MoM
Around this home
What Locals Say about Durango
At least 138 Trulia users voted on each feature.
91 % Say it's dog friendly
87 % Say there's wildlife
78 % Say people would walk alone at night
76 % Say kids play outside
74 % Say there's holiday spirit
74 % Say parking is easy
72 % Say car is needed
69 % Say it's quiet
67 % Say yards are well-kept
65 % Say there are sidewalks
63 % Say they plan to stay for at least 5 years
55 % Say neighbors are friendly
54 % Say it's walkable to restaurants
43 % Say it's walkable to grocery stores
42 % Say streets are well-lit
35 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Frequently asked questions about 862 Rainbow Road
- What is 862 Rainbow Road estimated to be worth?Trulia's estimated value for 862 Rainbow Road in Durango, CO is $696,600.
- What is the price history for 862 Rainbow Road?862 Rainbow Road in Durango, CO last sold for $637,500 in July 2024.
- Is Durango a buyer's or seller's market?Durango is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Durango?The median sale price in Durango is $775K. That is up $11.5K from the prior month.
- Does 862 Rainbow Road have laundry facilities?Yes, 862 Rainbow Road in Durango, CO has in-unit laundry.
- How big is the lot at 862 Rainbow Road?The lot at 862 Rainbow Road in Durango, CO is about 15 acres.

