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Off market
  • $851,000

    12266 Rainbow Dr, Truckee, CA 96161

    4beds
    1,769sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $851,000 Zestimate®
    $481/sqft
    $4,528 Estimated rent

    Home value

    $851,000

    $783,000 - $919,000

    $4,528/mo

    Zestimate® history
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    What's special

    Available for rent May 1st, as late as May 15th, 2024. Owner has made this their home for 10 years and seeks tenants that will love and care for this home like it's their own. Please feel free to inquire by message or phone with any questions and owner will reply within 24-48 hours. Serious inquiries, please share your LinkedIn/FB profile! Thank you. NOTE: Rent can be reduced to $3500 if 2-4 qualified tenants participate in the Truckee Lease to Locals Program and sign a 12 month lease. See the bottom of this description for tenant qualifications. House viewing by appointment only. Please email/call/text to arrange. Tenants currently live at the home. Please respect their privacy and do not knock or walk on the property. Feel free to drive by! Thank you. A fantastic home, close to everything yet with tons of privacy and quiet. This 1786 sqft, 2-story home has 4 bedrooms/2 full baths. 4th bedroom downstairs has small wet-bar with cabinetry and would is ideal as a guest room/office space or small bedroom. One-car garage with lots of storage shelving. Huge, fully fenced and landscaped back and side yard with lawn has some built-in irrigation. Irises, lilys and daffodils bloom in the yard and side islands every season. Platform deck at the back of yard is great for patio furniture for outdoor dining/lounging. Large, sunny east-facing second story deck off great room has a beautiful, new 6-person hottub. Forced air, gas heat for home and an optional wood-burning stove on 2nd story. Upstairs has 2 beds/1 bath and a great room with living room/kitchen/dining area and luxury vinyl wood flooring with tastefully weathered wood vaulted ceilings, tons of light, east-facing with sliding door onto deck/hottub. Open concept kitchen has stainless steel appliances and gas stove/oven with overhead cookware rack making cooking easy and festive. Downstairs has 2 bed/1 bath, laundry room with washer/dryer and garage access. The home sits on a large lot with empty lots to the north and west and across the street, no neighbors peering in your windows and a beautiful forest with easement behind the house so there is tons of privacy and peace when in the backyard as well as beautiful forest views from all the bedroom windows. Prosser reservoir is a wonderful recreational water body for fishing, paddleboarding etc. and is easily accessible from multiple access points right in the neighborhood. Ride your bike or run right out your front door to tons of hiking/biking trails or hit the paved trail that goes all the way to town and Tahoe. World-renowned Tahoe Donner XC & Mountain Bike center is a mere 6 minute drive. Only about 20 minutes to Northstar, Palisades & Sugarbowl ski resorts, 25 minutes to Lake Tahoe, 10 minutes to Donner Lake and 7 minutes to downtown Truckee, the location couldn't be better for convenience and easy recreation while also being out of the hustle and bustle of town. MIddle school is walking distance from house and Hight School is only 3 miles. Or head north to Sierraville and the sierra buttes in 30 minutes and really find some privacy and quiet. Tenants responsible for basic yard and hottub maintenance. Owner pays for hottub supplies, easy to maintain. Tenants responsible for snow removal on walkways, deck/hottub and driveway (local driveway service contract can be referred to tenants if desired.) TRUCKEE LEASE TO LOCALS QUALIFICATION: Qualified tenant criteria is as follows: At least 50% of the adults over 18 must work at least 20 hours per week for an employer located in the geographic boundaries of the Truckee Tahoe Unified School District (TTUSD). You will only receive a grant for tenants who are locally employed. Average annual gross income can not exceed $118,125 per adult: For example, a group with 4 working adults, 3 of whom make $80k year and one of whom makes $40k year would have an average income of $80k + $80k + $80k + $40k = $280k/4 = $70k average. This group would qualify. Children are not included when calculating average income. All children cumulatively count as one additional qualified tenant. $3800/month base rent unfurnished (photos show furnishings; can discuss partially furnished option) NOTE: rent can be reduced to $3500 if 2-4 tenants qualify for the Truckee Lease to Locals Program. See end of property description for requirements. $4000 deposit + utilities (gas, water/electric, internet). Year minimum lease, option for longer term. Adult dog (80lb max) considered with $500 pet deposit and upon meeting the pet. Application fee with credit/background check required via Zillow application process.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: []
    Heating
    • Forced Air
    Cooling
    • Window Unit
    Appliances
    • Included: Dishwasher, Dryer, Stove, Washer
    • Laundry: In Unit
    Features
    • Wet Bar
    Interior area
    • Total interior livable area: 1,769 sqft

    Property

    Parking
    • Parking features: Attached
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Patio & porch: Deck
    • Exterior features: Heating system: Forced Air, Lawn, Option for partially furnished
    • Has spa: Yes
    • Spa features: Hottub Spa
    • Fencing: Fenced Yard
    Details
    • Parcel number: 016350011000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Community & HOA

    Community
    • Deposit fee: $4,000
    Location
    • Region: Truckee

    Financial & listing details

    • Price per square foot: $481/sqft
    • Tax assessed value: $592,149
    • Annual tax amount: $7,175
    • Date on market: 3/21/2024
    • Lease term: 1 Year

    Price history

    DateEventPrice
    10/14/2024Listing removed$3,800$2/sqft
    Source: Zillow Rentals Report a problem
    5/2/2024Listing removed--
    Source: Zillow Rentals Report a problem
    4/24/2024Price change$3,800-3.8%$2/sqft
    Source: Zillow Rentals Report a problem
    4/10/2024Price change$3,950-3.7%$2/sqft
    Source: Zillow Rentals Report a problem
    3/23/2024Price change$4,100-1.2%$2/sqft
    Source: Zillow Rentals Report a problem
    3/21/2024Listed for rent$4,150+147.8%$2/sqft
    Source: Zillow Rentals Report a problem
    4/28/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/22/2021Price change$1,675-6.9%$1/sqft
    Source: Zillow Rental Manager Report a problem
    4/18/2021Listed for rent$1,800-10%$1/sqft
    Source: Zillow Rental Manager Report a problem
    8/29/2014Sold$400,000-4.5%$226/sqft
    Source: TSMLS #20141026 Report a problem
    7/15/2014Pending sale$419,000$237/sqft
    Source: Coldwell Banker Residential Brokerage - Truckee Tahoe Donner #20141026 Report a problem
    7/2/2014Price change$419,000-2.3%$237/sqft
    Source: Coldwell Banker Residential Brokerage - Truckee Tahoe Donner #20141026 Report a problem
    5/30/2014Listed for sale$429,000$243/sqft
    Source: Coldwell Banker Residential Brokerage - Truckee Tahoe Donner #20141026 Report a problem
    5/30/2014Pending sale$429,000$243/sqft
    Source: Coldwell Banker Residential Brokerage - Truckee Tahoe Donner #20141026 Report a problem
    5/2/2014Listed for sale$429,000+22.6%$243/sqft
    Source: Coldwell Banker Residential Brokerage - Truckee Tahoe Donner #20141026 Report a problem
    7/19/2013Listing removed$2,000$1/sqft
    Source: Truckee Properties Report a problem
    6/20/2013Listed for rent$2,000$1/sqft
    Source: Truckee Properties Report a problem
    9/9/2003Sold$350,000+55.2%$198/sqft
    Source: Public Record Report a problem
    3/10/2000Sold$225,500$127/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,175 +3.2%$592,149 +2%
    2024$6,953 +0.3%$580,539 +2%
    2023$6,931 +2%$569,157 +2%
    2022$6,794 +5.7%$557,998 +25.6%
    2021$6,428 +19.7%$444,123 +1%
    2020$5,369 -0.1%$439,570 +2%
    2019$5,373 +3.9%$430,952 +2%
    2018$5,171 +2.3%$422,503 +2%
    2017$5,053 +0.6%$414,220 +2%
    2016$5,022 +2.4%$406,099 +1.5%
    2015$4,904 +20.6%$400,000 +20.1%
    2014$4,066 $333,100 +5.1%
    2013-- $317,000
    2012-- $317,000
    2011-- $317,000 -3.9%
    2010-- $330,000 -14.6%
    2009-- $386,426 +2%
    2008-- $378,850 +2%
    2007-- $371,422 +2%
    2006-- $364,140 +2%
    2005-- $357,000 +2%
    2004-- $350,000 +46.3%
    2003-- $239,300 +2%
    2002$248 $234,609 +2%
    2001$248 $230,010
    Find assessor info on the county website

    Neighborhood: 96161

    Nearby schools

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    Estimated market value
    $851,000
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    Estimated market value
    $851,000