421 Rainbow Dr #2

Sold on Sep 19, 2025

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$1,200,000

● Condo - Off Market

421 Rainbow Dr #2

Silverthorne, CO 80498

2 Beds

1 Bath

1,098 Ft²

$6,565

Est. Monthly

$629

HOA / Fees

0.68%

Cap Rate

About This Property

Penthouse 2 bedroom 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 oversized 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 fly fish. Enjoy the serenity away from the hustle and bustle that this condo offers. Vaulted ceilings, gas fireplace, fresh paint, new light fixtures, new sun shade for deck, seal coated garage, new and custom furniture, double oven, gas range, extra counter space in the kitchen, impeccably maintained, and being offered fully 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.

Unit Size

1,098 Ft²

Days on Market

Land Size

Price per sqft

$1,047

Property Type

Condo

Property Taxes

$289

HOA Dues

$629

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (REcolorado MLS #IRE1810300)

Price History

Date / Event	Date	Event
Sep 19, 2025	Sold	Premium
Sold
Aug 22, 2025	In contract	-
In contract
Jul 31, 2025	Listed by Peak Mountain Real Estate LLC	$1,150,000
Listed by Peak Mountain Real Estate LLC

	Penthouse 2 bedroom 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 oversized 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 fly fish. Enjoy the serenity away from the hustle and bustle that this condo offers. Vaulted ceilings, gas fireplace, fresh paint, new light fixtures, new sun shade for deck, seal coated garage, new and custom furniture, double oven, gas range, extra counter space in the kitchen, impeccably maintained, and being offered fully 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.
May 6, 2023	No longer available	-
No longer available
Apr 5, 2023	In contract	-
In contract
Mar 23, 2023	Listed by Peak Mountain Real Estate,LLC	$1,300,000
Listed by Peak Mountain Real Estate,LLC

	PRIVATE in unit elevator, tandem 2 car garage, and some of the BEST views in Silverthorne make this unit stand out. Premier top floor unit within walking distance of 4th St Crossing and everything Silverthorne has to offer. Listen to the Blue River flow by while you enjoy your wine or coffee on the amazing deck in this quiet and peaceful location. Vaulted ceilings, gas fireplace, newer construction, fully furnished, and on the Silverthorne bike path. Centrally located to 6 ski resorts. The manager has listed the unit size as 1098 square feet.
Sep 17, 2021	Sold	Premium
Sold
Jun 24, 2021	Listed by Slifer Smith & Frampton - Summit County	$897,000
Listed by Slifer Smith & Frampton - Summit County

	Premier top floor 2Bd/2Ba with vaulted ceilings on the Blue River and with expansive views of the Gore Range. Soak in the sounds of the river and views from your large deck while enjoying your morning coffee. Newer construction with high-end finishes throughout. Oversized 2 car tandem garage for all your toys. Private elevator gives easy access for all. Low HOA. Fully furnished. Easy stroll to the new 4th St Crossing town core development and centrally located to several world class ski resorts.

Property Highlights

Garage

Elevator

Fireplace

With View

Parking Details

Has Garage

Parking Features: Attached

Garage Spaces: 2

Interior Details

Full Bathrooms: 1

Interior Features: Cathedral Ceiling(s), Open Floorplan

Appliances: Double Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal, Fire Alarm

Has Fireplace

Fireplace Features: Gas, Living Room, One

Basement: Slab

Exterior Details

Has Property Attached

Square Footage: 1098

Square Footage Source: $0

Year Built: 2015

Waterbody Name: River Front

Levels: One

Window Features: Window Coverings

Construction Materials: Frame

Lot Features: Paved, Abuts Stream/Creek/River, House Faces West

Water Source: City

Financial Details

Tax Annual Amount: $3,465

Utilities Details

Cooling Type: Ceiling Fan(s)

Heating Type: Radiant

Sewer : Public Sewer

Location Details

HOA/Condo/Coop Fee Includes: Trash, Snow Removal, Cable TV, Water, Sewer, Exterior Maintenance, Heat

HOA Fee: $629

HOA Fee Frequency: Monthly

Request mortgage information redaction

Comparables

Past Sales

Date	Unit	Beds	Baths	Sqft	Price	Closed	Listed By
20250731 Unit 2 07/31/2025	2	2 Bed	1 Bath	1098 ft²	$1,150,000 2 Bed 1 Bath 1098 ft²	$1,200,000 +4.35% 09/19/2025	Erika Schmidt Peak Mountain Real Estate
20240617 Unit C 06/17/2024	C	Loft	-	-	$499,000 Loft -	- -	Scott Sussman eXp Realty, LLC
20240414 Unit 8 04/14/2024	8	3 Bed	2 Bath	1263 ft²	$1,290,000 3 Bed 2 Bath 1263 ft²	$1,270,000 -1.55% 05/15/2024	Amy Smits eXp Realty LLC - Resort Experts
20240322 Unit 12 03/22/2024	12	2 Bed	1 Bath	979 ft²	$995,000 2 Bed 1 Bath 979 ft²	$934,000 -6.13% 08/13/2025	Isabel Rawson Christie's International Real Estate Colorado- Summit Colorado
20240223 Unit 5 02/23/2024	5	2 Bed	2 Bath	991 ft²	$1,200,000 2 Bed 2 Bath 991 ft²	$1,200,000 04/12/2024	Erika B Schmidt Peak Mountain Real Estate LLC
20231107 Unit C 11/07/2023	C	Loft	-	-	$625,000 Loft -	- -	Scott Sussman eXp Realty, LLC
20230705 Unit 5 07/05/2023	5	2 Bed	2 Bath	997 ft²	$1,300,000 2 Bed 2 Bath 997 ft²	- -	Erika Schmidt Peak Mountain Real Estate
20230329 Unit 31 03/29/2023	31	3 Bed	2 Bath	1392 ft²	$1,299,000 3 Bed 2 Bath 1392 ft²	$1,205,000 -7.24% 07/11/2023	Patricia Wenzel Equity Colorado Real Estate
20230323 Unit 2 03/23/2023	2	2 Bed	2 Bath	1098 ft²	$1,300,000 2 Bed 2 Bath 1098 ft²	- -	Erika Schmidt Peak Mountain Real Estate
20221113 Unit 8 11/13/2022	8	3 Bed	2 Bath	1263 ft²	$1,199,000 3 Bed 2 Bath 1263 ft²	- -	Stuart Reddell LIV Sothebys International Realty- Breckenridge
20211021 Unit 17 10/21/2021	17	4 Bed	3 Bath	1646 ft²	$1,395,000 4 Bed 3 Bath 1646 ft²	- -	Laura M Fisher Ski Colorado Real Estate
20211012 Unit 24 10/12/2021	24	2 Bed	2 Bath	1038 ft²	$895,000 2 Bed 2 Bath 1038 ft²	$917,000 +2.46% 11/19/2021	Mark Baumann Slifer Smith & Frampton - Summit County
20210720 Unit 14 07/20/2021	14	3 Bed	2 Bath	1182 ft²	$1,048,000 3 Bed 2 Bath 1182 ft²	- -	Brenda Culhane Omni R.E./Frisco
20210624 Unit 2 06/24/2021	2	2 Bed	2 Bath	1098 ft²	$897,000 2 Bed 2 Bath 1098 ft²	$950,000 +5.91% 09/17/2021	Ryan Walsh Slifer Smith & Frampton - Summit County
20210408 Unit 20 04/08/2021	20	2 Bed	1 Bath	1014 ft²	$764,500 2 Bed 1 Bath 1014 ft²	$780,000 +2.03% 05/17/2021	Tate Santee The Real Estate Group
20200629 Unit 12 06/29/2020	12	2 Bed	1 Bath	1038 ft²	$715,000 2 Bed 1 Bath 1038 ft²	$685,000 -4.20% 08/17/2020	Tate Santee The Real Estate Group
20200601 Unit 23 06/01/2020	23	2 Bed	1 Bath	1088 ft²	$685,000 2 Bed 1 Bath 1088 ft²	$660,000 -3.65% 09/08/2020	Tate Santee The Real Estate Group
20200521 Unit 30 05/21/2020	30	3 Bed	1 Bath	1320 ft²	$835,000 3 Bed 1 Bath 1320 ft²	$805,000 -3.59% 07/10/2020	Tate Santee The Real Estate Group
20200315 Unit 26 03/15/2020	26	3 Bed	3 Bath	1552 ft²	$857,500 3 Bed 3 Bath 1552 ft²	$840,000 -2.04% 06/18/2020	Tate Santee The Real Estate Group
20200228 Unit 29 02/28/2020	29	2 Bed	2 Bath	1094 ft²	$675,000 2 Bed 2 Bath 1094 ft²	- -	-
20190807 Unit 13 08/07/2019	13	2 Bed	2 Bath	1072 ft²	$695,000 2 Bed 2 Bath 1072 ft²	- -	-
20190328 Unit 8 03/28/2019	8	3 Bed	2 Bath	1176 ft²	$749,000 3 Bed 2 Bath 1176 ft²	- -	-

Building Info

421 Rainbow Drive 421 Rainbow Drive, Silverthorne, CO 80498

1 Unit for Sale

More about this Building

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About Silverthorne

Stats & Trends

Median Asking:

$1,350,000

Sale Price/ft²

$712

Below Asking

0.02%

Average Days on Market

Average Home Size

2524 ft²

Average Home Age

14.4 years

Currently For Sale

54 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Listed by: Erika B Schmidt,
Last Updated: 3 months ago
Data Source: REcolorado MLS, MLS# IRE1810300

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