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Back 12481 Rainbow Drive
Off Market

12481 Rainbow Drive

Truckee CA 96161

3
2
2
1448 sq. ft.
0.33 ac.
Single-Family
Last sold for $942,000
Jenna BeldenJenna Belden, last sold this property on 08 December 2025 after -4 days on market.

Overview

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.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1448 sq. ft. floor area
0.33 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Truckee over the last 12 months, the estimated median property value of 12481 Rainbow Drive is $1m.

Median value
$1m
Estimated value range
$520k - $6m
Median days on market
29
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Truckee. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 12481 Rainbow Drive

2025
Sold
$942,000
08 Dec 2025 by Jenna Belden, of COMPASS
2022
Sold
$900,000
24 Jun 2022 by Kristi Hood, of COMPASS

Happy sellers in Truckee

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We have insufficient information to provide an overview of customer satisfaction for Truckee. Viewing the agent profiles, reviews and sales for Truckee can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Truckee

In the last 12 months, 212 three-bedroom single-family properties similar to 12481 Rainbow Drive, have been sold.

This represents a 14% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Truckee

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Merrill Milner

Merrill Milner is a recommended agent for Truckee.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (3 reviews)
  •  1 Review in Truckee
  •  2 Sales in Truckee
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CHERYL RELLSTAB

Sellers who recommend CHERYL RELLSTAB have praised them for being local expert, clear communication, responsive, reliable, trustworthy, supportive, and stress-free process

  •   5   (86 reviews)
  •  1 Review in Truckee
View profile
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Monica Smith

Monica Smith is a recommended agent for Truckee.  They have 20 local sales across the last 12 months.

  •   5   (3 reviews)
  •  20 Sales in Truckee
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Breck Overall

Breck Overall is a recommended agent for Truckee.  They have 19 local sales across the last 12 months.

  •  19 Sales in Truckee
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