SoldDec 8, 2025

Listed and Bought with Jenna Belden from COMPASS

Source: Tahoe Sierra Board of REALTORS #20251919

12481 Rainbow Drive, Truckee, CA, 96161

$942,000

3
2
2
1448 sq. ft.
14374.8 sq. ft.

SingleFam

30+ days on the market

Sold: Dec 8, 2025

What's around 12481 Rainbow Drive

About this property

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.

Looking for more information on 12481 Rainbow Drive?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties sold nearby

SoldAug 19, 2026
$990,000
12434 Snowpeak Way
Truckee CA 96161
3
2
2
Single-Family
Listing courtesy of Chase International - TK2 and Timber & Tide Realty Co
SoldAug 18, 2026
$1,600,000
14141 Tyrol Rd
Truckee CA 96161
3
3
2
Single-Family
Listing courtesy of Home and Slate Real Estate and COMPASS
SoldAug 17, 2026
$829,000
10425 The Strand
Truckee CA 96161
3
2
2
Single-Family
Listing courtesy of Carr Long Real Estate and Sierra Sotheby's Int - Rock

Other properties sold by COMPASS

SoldAug 14, 2026
$658,000
151/1001 Commonwealth Drive
Kings Beach CA 96143
3
2
1
Other
Listing courtesy of Dickson Realty and COMPASS
SoldAug 11, 2026
$575,000
117/1001 Commonwealth Drive
Kings Beach CA 96143
2
2
1
Other
Listing courtesy of Coldwell Banker Select Real Es and COMPASS
SoldAug 5, 2026
$1,695,000
1205 Snow Flower Ln
Sunnyside-Tahoe City CA 96145
5
4
2
Single-Family
Listing courtesy of Compass and COMPASS

Browse properties sold in nearby areas

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tahoe Sierra Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than COMPASS, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Tahoe Sierra Multiple Listing Service. All Rights Reserved.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent