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  • $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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    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#: 803340MLS Logo

    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

    DateEventPrice
    12/1/2023Sold$950,000-2.6%$269/sqft
    Source: CREN #803340 Report a problem
    10/31/2023Contingent$975,000$276/sqft
    Source: CREN #803340 Report a problem
    8/17/2023Listed for sale$975,000$276/sqft
    Source: CREN #803340 Report a problem
    7/25/2023Contingent$975,000$276/sqft
    Source: CREN #803340 Report a problem
    7/18/2023Price change$975,000-9.3%$276/sqft
    Source: CREN #803340 Report a problem

    Public tax history

    YearProperty taxesTax 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
    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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