474 Rainbow Rd. is a unique and affordable entry into the Durango real estate market. The home is dated and will take the right buyer who is interested in a rural setting about 15 minutes south of Durango. The home is a 2 bed, 2 bath, that has some quirks like the spiral staircase and the natural spring water source, but offers a serene setting with the sounds of live water at this "end of the road" property. The water source is the Southfork of Zink Spring #8, a natural running spring that fills a cistern to the home as it flows by. The 6.4 acres and surrounding area is home to a variety of wild life that are sure to be some of your more common visitors. The home maybe functional for some buyers "as is" or this might be the perfect DYI project for the restless soul. In either case, this home is being sold "as is" "where is" and "with all faults" and has been priced accordingly.
Sold cren member
$412,000
474 Rainbow Road, Durango, CO 81303
2beds
1,600sqft
Stick Built
Built in 1977
6.4 Acres Lot
$430,000 Zestimate®
$258/sqft
$2,391 Estimated rent
Home value
$430,000
$383,000 - $482,000
$2,391/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 01, 2024 at 08:42am
Listed by:
Phil Schoon C:970-769-2857,
Keller Williams Realty Southwest Associates, LLC
Bought with:
Leigh Holmes
United Country Blue Sky Homes and Land
Source: CREN,MLS#: 816350
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Primary bedroom
- Level: Upper
Appliances
- Included: Range, Refrigerator, Washer, Dryer
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Features
- Levels: Three Story
- Stories: 3
- Waterfront features: Creek
Lot
- Size: 6.40 Acres
- Features: Wooded
Details
- Additional structures: Shed(s), Shed/Storage
- Parcel number: 590531201001
- Zoning description: Residential Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Stick Built
Materials
- Wood Frame
- Roof: Metal
Condition
- New construction: No
- Year built: 1977
Utilities & green energy
- Sewer: Septic Tank
- Water: Cistern, Spring
- Utilities for property: Electricity Connected, Internet, Phone - Cell Reception, Phone Connected
Community & neighborhood
Location
- Region: Durango
- Subdivision: Rainbow Springs
Other
Other facts
- Has irrigation water rights: Yes
- Road surface type: Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 12/11/2024 | Listing removed | $3,100$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/8/2024 | Price change | $3,100-6.1%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/4/2024 | Listed for rent | $3,300$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/30/2024 | Sold | $412,000-10.2%$258/sqft |
Source:  CREN #816350 Report a problem | ||
| 7/25/2024 | Listed for sale | $459,000$287/sqft |
Source: CREN #816350 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $596 +14.4% | $26,830 +27.5% |
| 2024 | $521 -15.6% | $21,050 -3.6% |
| 2023 | $617 -1% | $21,840 +12.1% |
Find assessor info on the county website
Neighborhood: 81303
Nearby schools
GreatSchools rating
- NASunnyside Elementary SchoolGrades: PK-5Distance: 2.3 mi
- 6/10Escalante Middle SchoolGrades: 6-8Distance: 5 mi
- 9/10Durango High SchoolGrades: 9-12Distance: 9.3 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.