This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$942,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Welcome home to this stunning, *fully renovated* residence in the highly sought-after Prosser Lakeview Estates neighborhood. Every detail has been thoughtfully upgraded-from brand-new electrical systems and modern fixtures to refreshed finishes and refined design elements-bringing a perfect balance of comfort, quality, and mountain charm. Step inside to a bright, airy interior where the open floor plan flows seamlessly between living, dining, and kitchen areas, creating an ideal environment for both everyday living and effortless entertaining. The renovation was comprehensive, enhancing not just style but functionality, with improvements throughout that make this home truly move-in ready. Outside, a spacious and sunny backyard invites fun and relaxation-perfect for kids, pets, outdoor dining, or gatherings beneath the pines. It's an entertainer's dream and a family haven rolled into one, offering space to play, garden, or unwind year-round. From your doorstep, explore miles of nearby trails for hiking and biking, or spend a day at Prosser Lake paddle-boarding, fishing, or picnicking with mountain views all around. The home also offers excellent access to town conveniences-just minutes to Historic Downtown Truckee, Glenshire Elementary's school bus stop, and local favorites like Truckee Thursdays and Music in the Park. This is a rare opportunity to own a *completely renovated* mountain home in one of Truckee's most desirable neighborhoods-where modern living, family-friendly outdoor space, and the Tahoe lifestyle come together perfectly.
Full Property Details
Full Property Details for 12481 Rainbow Dr
General
- Sold For: $942,000
- Status: Closed
- Type: Single Family
- Source: Tahoe_MLS
- MLS ID: 20251919
- Added to Site: 148 day(s) ago
Interior
- Interior Features: Phone, Cable TV, High Speed Internet
- Fireplace(s): Living Room, Gas Fireplace
- Appliances: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
- Furnished: Yes
- Flooring: Mixed, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Extra Room 1: 1 Ensuite
- Laundry: Garage
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Attached
Location
- Area: PROSSER LAKEVIEW EST-7NR
- County: Nevada
- Driving Directions: Right on Rainbow, just past Lakeview Court, House on Right.
Heating & Cooling
- Heating Type: Natural Gas, Baseboard, Hydronic
Utilities
- Gas: Natural Gas
- Sewer: Septic, Utility District
- Water: Utility District
Structural Information
- Architectural Style: Ranch
- Construction Status: FINISHED
- Construction: Framed
- Foundation: Perim Concrete
- Roof: Composition, Metal
- Stories/Levels: One
- Square Feet: 1,448
- Year Built: 1978
Lot Features
- Property View: Wooded
- Lot Size (Acres): 0.33
- Lot Size Range: .26 - .5
- Frontage: Street
- Topography: Level, Downslope, Gentle
Disclosures and Reports
- APN: 016-360-003-000
Listed and Sold by Compass, Jenna Belden
Get Pre-Approved Today
Schools
Schools serving 12481 Rainbow Dr
School District:Tahoe-Truckee Joint Unified School District
| Name | Grades | Distance |
|---|---|---|
Glenshire Elementary School 10990 Dorchester Drive, Truckee, CA 96161 | K-5 | 3.8 mi |
Alder Creek Middle School 10931 Alder Drive, Truckee, CA 96161 | 6-8 | 1.4 mi |
Tahoe Truckee High School 11725 Donner Pass Road, Truckee, CA 96161 | 9-12 | 3.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12481 Rainbow Dr
Date
Details
Price
Change
Source
12/08/2025
Sold
$942,000
-2.79%
MLS
9/29/2025
Price Reduced
$969,000
-3%
MLS
8/21/2025
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12481 Rainbow Drive, Truckee, CA 96161 (MLS# 20251919) is a Single Family property that was sold at $942,000 on December 08, 2025. Want to learn more about 12481 Rainbow Drive? Do you have questions about finding other Single Family real estate for sale in Truckee? You can browse all Truckee real estate or contact a Coldwell Banker agent to request more information.

