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Sold for $799,000
  • $799,000

    12974 Rainbow Dr, Truckee, CA 96161

    3beds
    1,440sqft
    Single Family Residence
    Built in 1973
    10,018 Square Feet Lot
    $803,800 Zestimate®
    $555/sqft
    $3,457 Estimated rent

    Home value

    $803,800

    $715,000 - $908,000

    $3,457/mo

    Zestimate® history
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    What's special

    Vintage charmPrivate balconySpacious flat fenced backyardComfortable chaletMature trees and plantingsGenerous primary suiteNewer updates
    * Chalet Charm in Prosser Lakeview * Welcome to 12974 Rainbow Drive, a comfortable chalet nestled in the desirable Prosser Lakeview Estates. This three-bedroom, two-and-a-half bath home offers a rare combination of character, space, and setting — perfect for year-round living or a timeless Tahoe getaway. Inside, the home reveals a playful mix of vintage charm and newer updates. Two distinct living areas provide room to gather or unwind, each with views of the large yard and naturalized landscaping. The rear great room overlooks a spacious, flat, fenced backyard highlighted by mature trees and plantings — a serene space for gardeners or those seeking privacy and quiet. The galley-style kitchen features newer stainless appliances, a cheerful breakfast nook, and direct access to both the backyard and the detached two-car garage, making indoor-outdoor living effortless. Upstairs are the three bedrooms and two full baths, including a generous primary suite with vaulted ceilings, a full en-suite bath, and a private balcony — think morning coffee among the pines. Outdoor spaces include a blend of patio and deck areas designed for relaxing or entertaining, along with two versatile storage sheds for tools, gear, or Tahoe toys. Located just minutes from downtown Truckee and close to your favorite ski resorts, the home also sits just one mile from Prosser Reservoir—where locals enjoy paddleboarding, kayaking, fishing, and hiking. Nearby trail access from the neighborhood to the Emigrant Trail system makes biking and outdoor recreation a part of daily life. Whether you're seeking a base camp for everyday adventures or a serene mountain retreat, this classic Tahoe chalet offers timeless charm and the opportunity to personalize it to your style.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kerry E McNew-Fenton 530-305-0761,

    Sierra Sotheby's Int Realty TC

    Bought with:

    Val Videgain, DRE #01494833

    Coldwell Banker Realty

    Source: TSMLS,MLS#: 20251773MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • CFAH
    Appliances
    • Included: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
    • Laundry: In Hall
    Features
    • High Ceilings, High Speed Internet, Great Room, 1 Ensuite
    • Flooring: Vinyl
    • Has fireplace: Yes
    • Fireplace features: Fireplace: Family Room, Freestanding, Woodstove: Family Room, Freestanding
    Interior area
    • Total structure area: 1,440
    • Total interior livable area: 1,440 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Two, Detached, Garage Door Opener
    • Garage spaces: 2
    Features
    • Levels: Two
    • Patio & porch: Deck(s): 2
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 10,018 Square Feet
    • Features: Street, Landscaped
    • Topography: Level
    Details
    • Additional structures: Outbuilding
    • Parcel number: 016520024000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Chalet
    • Property subtype: Single Family Residence
    Materials
    • Frame, Wood Siding
    • Roof: Composition
    Condition
    • Used
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Utility District
    • Utilities for property: Natural Gas Available

    Community & HOA

    Community
    • Features: Gated: No
    • Security: Security System, Closed Circuit Camera(s)
    • Subdivision: Truckee
    HOA
    • Has HOA: No
    Location
    • Region: Truckee

    Financial & listing details

    • Price per square foot: $555/sqft
    • Tax assessed value: $824,670
    • Annual tax amount: $9,626
    • Price range: $799K - $799K
    • Date on market: 8/4/2025
    • Listing terms: Cash To New Loan

    Price history

    DateEventPrice
    10/6/2025Sold$799,000-3.2%$555/sqft
    Source: TSMLS #20251773 Report a problem
    9/8/2025Pending sale$825,000$573/sqft
    Source: TSMLS #20251773 Report a problem
    9/2/2025Price change$825,000-1.2%$573/sqft
    Source: TSMLS #20251773 Report a problem
    8/4/2025Listed for sale$835,000-2.8%$580/sqft
    Source: TSMLS #20251773 Report a problem
    5/19/2025Listing removed$859,000$597/sqft
    Source: TSMLS #20250098 Report a problem
    1/24/2025Listed for sale$859,000+4.1%$597/sqft
    Source: TSMLS #20250098 Report a problem
    12/9/2024Listing removed$3,500$2/sqft
    Source: Zillow Rentals Report a problem
    3/30/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/17/2023Price change$3,500-15.7%$2/sqft
    Source: Zillow Rentals Report a problem
    3/15/2023Listed for rent$4,150-4.6%$3/sqft
    Source: Zillow Rentals Report a problem
    2/24/2023Listing removed--
    Source: Zillow Rentals Report a problem
    12/1/2022Listed for rent$4,350$3/sqft
    Source: Zillow Rental Manager Report a problem
    10/13/2022Sold$825,000+10%$573/sqft
    Source: Public Record Report a problem
    7/13/2021Sold$750,000+0%$521/sqft
    Source: TSMLS #20211229 Report a problem
    6/2/2021Pending sale$749,900$521/sqft
    Source: TSMLS #20211229 Report a problem
    5/26/2021Listed for sale$749,900+167.8%$521/sqft
    Source: TSMLS #20211229 Report a problem
    8/20/2003Sold$280,000$194/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,626 +2%$824,670 +2%
    2024$9,433 -1.6%$808,500
    2023$9,586 +8.9%$808,500 +7.8%
    2022$8,799 +102.1%$750,000 +103.9%
    2021$4,353 +0.6%$367,770 +1%
    2020$4,329 +0.1%$364,000 +2%
    2019$4,324 +3.8%$356,863 +2%
    2018$4,164 +12.4%$349,866 +12.5%
    2017$3,706 +3.3%$311,000 +4.8%
    2016$3,589 +3%$296,700 +2%
    2015$3,484 +10.9%$290,800 +8.9%
    2014$3,143 $267,100 +5.2%
    2013-- $254,000
    2012-- $254,000
    2011-- $254,000 -3.8%
    2010-- $264,000 -14.6%
    2009-- $309,140 +2%
    2008-- $303,079 +2%
    2007-- $297,137 +2%
    2006-- $291,312 +2%
    2005-- $285,600 +2%
    2004-- $280,000 +128.5%
    2003-- $122,548 +2%
    2002$76 $120,146 +2%
    2001$76 $117,791
    Find assessor info on the county website

    Neighborhood: 96161

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $803,800
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    Estimated market value
    $803,800