Silverthorne CO Real Estate
Judge Marshall Silverthorn moved to Breckenridge in 1859 and eventually bought 160 acres of land along the Blue River, where he patented a mining claim known as the Silverthorn Placer. While the judge never found much gold, his mining claim would eventually evolve into a mountain town. In the 1930s, an "e" was added on to the end of the town name. Formally incorporated on September 5, 1967, the town of Silverthorne is located in the Lower Blue River Valley, about 70 miles west of Denver at an elevation of 8,730 feet. Situated beneath towering peaks of 12,000 and 13,000 feet, Silverthorne provides astonishing views of the Gore Range and is surrounded by the Eagles Nest Wilderness and Ptarmigan Mountain Wilderness areas. The gold medal waters of the Blue River flow right through town, serving as its proverbial heart and soul. As a result, Silverthorne is just steps away from some fabulous activities and adventures, like hiking, mountain biking, cross-country skiing, snow-shoeing and fishing. Since forming in 1967, the town of Silverthorne has made annexations of sizable portions of land, including the Eagles Nest area as well as Maryland Creek Ranch and Smith Ranch.
Silverthorne hosts a growing seasonal event calendar, which includes performances at the Pavilion and new Performing Arts Center as well as the summer Sunset at the Summit Concert Series. Other activities in Silverthorne include a world-class recreation center, the Raven Golf Club, an outdoor ice rink, a skate park, a nordic center, a nine-hole disc golf course and the outlet mall. In addition, Silverthorne has designated a number of town parks, including Arctic Placer Park, Maryland Creek Park, North Pond Park, Rainbow Park, River’s Edge Park, Trent Park and the Willow Grove Open Space.
For many years, the Silverthorne community has endeavored to build a lively, energetic downtown district. As discussed in the Silverthorne Comprehensive Plan, community leaders and local residents have enthusiastically endorsed creating a commercial destination in Silverthorne, which is compact and walkable but also provides for mixed uses by fostering new businesses and housing. After years of planning, the 4th Street Crossing project is now under construction right in the heart of the town of Silverthorne. More specifically, 4th Street Crossing is located in Silverthorne between Third and Fourth Streets, directly adjacent to Blue River Parkway. The much-anticipated 4th Street Crossing development is intended to become the new "Main Street" in Silverthorne. The 4th Street Crossing project will feature Summit County's first food hall, called Bluebird Market. It will also include Elevate Rowhomes, Skywalk Flats, a Hotel Indigo, the original Mint Steaks & Seafood and a new parking garage.
In April 2022, the Town of Silverthorne continued development of a true "downtown area" by approving the final site plans for 4th Street North. The Fourth Street North site encompasses about 4 acres of land. According to the Resolution Memo for Fourth Street North, the future development there will have 8 new buildings, including:
- one multi-family housing unit with 132 bedrooms that will be restricted for Summit County employees
- four mixed-use commercial buildings
- one small commercial plaza,
- one four-story, 111-room hotel and
- one three-story parking garage with a climbing wall on one of the corners
The population of permanent residents in Silverthorne has been estimated between 4000 and 4500. Because housing has traditionally been less expensive than elsewhere in Summit County, Silverthorne occupies a unique position. Recent estimates suggest that 45% of Silverthorne’s housing units are owner-occupied, in comparison with 25% around Summit County as a whole. Within town limits, there are roughly 1000 single family homes and 1050 multi-family units.
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