Sold cren member
$950,000
358 Rainbow Road, Durango, CO 81303
3beds
3,531sqft
Stick Built
Built in 1978
3.88 Acres Lot
$990,500 Zestimate®
$269/sqft
$3,352 Estimated rent
Home value
$990,500
$921,000 - $1.07M
$3,352/mo
Zestimate® history
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Owner options
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What's special
Seller Financing at 5% INTEREST is now an available option to well-qualified Buyers! Beautiful Larry Barnes Log Home with breathtaking landscaping and amazing views. The spring offers live water that keeps the property looking lush and green, providing an irrigation system and an automated sprinkler system for the yard and gardens. The curb appeal is stunning as you drive up the paved driveway. This Durango gem is set up for horses and you can ride right off the property! Once you pull up to the house you will see a second detached garage in front of the exquisite 3 bed/3 bath 3,531 square foot log home. There is also a loft that is perfect for a dart room or hobby space and a bonus room downstairs that would be great for an office, extra sleeping space, or media room. While walking up to the front door, the first thing you will hear is the sound of water as you pass the large koi pond supplied by live water from the spring. When you make your way inside and head up the front flight of stairs, you'll be impressed by the open layout and the five floor to ceiling windows that are UV protected and offer stunning views. The main living area awes with soaring vaulted ceilings and the Colorado feel of an impressive log home. You will be impressed with the majestic logs that the builder harvested locally from Missionary Ridge. Prepare to entertain with ease thanks to the large open kitchen that leads out to the back deck. This unique of a home doesn't come on the market very often. It has been a successful vacation rental for the last few years. Call today for a showing that will leave you ready to write an offer!
Zillow last checked: 8 hours ago
Listing updated: December 01, 2023 at 04:09pm
Listed by:
Micah Owen O:970-382-9396,
R1 Colorado
Bought with:
Jarrod Nixon
Coldwell Banker Distinctive Properties
Source: CREN,MLS#: 803340
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Dining room
- Features: Kitchen/Dining
Cooling
- Other, Ceiling Fan(s)
Appliances
- Included: Range Top, Refrigerator, Dishwasher, Microwave, Oven-Wall
- Laundry: W/D Hookup
Features
- Ceiling Fan(s), Wet Bar, Vaulted Ceiling(s), Pantry
- Flooring: Carpet-Partial, Laminate
- Windows: Window Coverings
- Basement: Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Living Room, Pellet Stove
Interior area
- Total structure area: 3,531
- Total interior livable area: 3,531 sqft
Property
Parking
- Total spaces: 6
- Parking features: Detached Garage
- Garage spaces: 4
- Carport spaces: 2
- Covered spaces: 6
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Landscaping, Irrigation Water, Lawn Sprinklers, Garden, Irrigation Pump
- Has view: Yes
- View description: Mountain(s), Valley
- Waterfront features: Pond
Lot
- Size: 3.88 Acres
- Features: Pasture
Details
- Additional structures: Barn(s), Garage(s), Greenhouse, Shed(s), Workshop, RV/Boat Storage, Shed/Storage
- Parcel number: 590531202003
- Zoning description: Residential Single Family
- Other equipment: Satellite Dish
- Horses can be raised: Yes
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Log
- Property subtype: Stick Built
Materials
- Log, Log Siding, Vinyl Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Durango
- Subdivision: Rainbow Springs
Other
Other facts
- Has irrigation water rights: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2023 | Sold | $950,000-2.6%$269/sqft |
Source: | ||
| 10/31/2023 | Contingent | $975,000$276/sqft |
Source: | ||
| 8/17/2023 | Listed for sale | $975,000$276/sqft |
Source: | ||
| 7/25/2023 | Contingent | $975,000$276/sqft |
Source: | ||
| 7/18/2023 | Price change | $975,000-9.3%$276/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,160 +22.9% | $56,120 +21.6% |
| 2024 | $1,758 -3.9% | $46,140 +1.6% |
| 2023 | $1,828 -0.7% | $45,420 +10% |
Find assessor info on the county website
Neighborhood: 81303
Nearby schools
GreatSchools rating
- NASunnyside Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 6/10Escalante Middle SchoolGrades: 6-8Distance: 5.1 mi
- 9/10Durango High SchoolGrades: 9-12Distance: 9.5 mi
Schools provided by the listing agent
- Elementary: Sunnyside K-5
- Middle: Escalante 6-8
- High: Durango 9-12
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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