California
Truckee
12481 Rainbow Drive

$999,000

12481 Rainbow Drive, Truckee, CA 96161

3 beds |
2 baths |
1,448 sqft

Single-Family Home
Built in 1978
0.33acre lot
—— car garage
$690/sqft
Listed 1 day ago

Property Description

Fully Renovated Home in Prosser Lakeview Estates, Truckee, CA Welcome home to this beautifully renovated home in the sought-after Prosser Lakeview Estates neighborhood. Light, bright, and airy throughout, this residence has been thoughtfully updated to offer modern comfort while preserving a relaxed mountain vibe. The spacious floor plan is ideal for families, with inviting living spaces that flow seamlessly to a fabulous backyard—perfect for kids, pets, entertaining, or simply soaking in Tahoe’s four seasons. From your doorstep, enjoy direct access to miles of trail systems for hiking and biking, as well as easy access to Prosser Lake, where you can paddle, fish, or picnic against a stunning Sierra backdrop. Practicality meets convenience with easy in-and-out neighborhood access and inclusion in the Glenshire school district, with a bus stop nearby to simplify school days. Just minutes away, Historic Downtown Truckee awaits with boutique shops, dining, and community favorites like Truckee Thursdays and Music in the Park. This is a rare opportunity to own a fully renovated home in a family-friendly neighborhood, perfectly situated to embrace the Truckee lifestyle of adventure, community, and mountain serenity.

Listing Status:: Active
Date Added:: August 21, 2025 at 12:00AM
Listing Office:: COMPASS : 530-581-1882
Listing Agent:: Jenna J Belden : 530-448-6035
MLS ID:: 20251919

Rooms: 1 Ensuite
Appliances: RangeOvenMicrowaveDisposalDishwasherRefrigeratorWasherDryer
Laundry: Garage
Flooring: VinylMixed
Heating: Natural GasBaseboardHydronic
Fireplace: Living RoomGas Fireplace

This listing courtesy of Jenna J Belden, COMPASS

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Cold Stream Alternative

11661 Donner Pass Rd, Truckee, CA, 96161

Grades KG-12

3.60 miles away

Alder Creek Middle School

10931 Alder Dr, Truckee, CA, 96161

Grades 6-8

1.39 miles away

Sierra High (Continuation)

11661 Donner Pass Rd, Truckee, CA, 96161

Grades 9-12

3.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.