
12481 Rainbow Dr Truckee, CA 96161
Prosser Lakeview NeighborhoodEstimated payment $6,257/month
Highlights
- View of Trees or Woods
- Living Room with Fireplace
- 2 Car Attached Garage
- Glenshire Elementary School Rated A
- Ranch Style House
- Multiple Outdoor Decks
About This Home
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.
Open House Schedule
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Thursday, August 28, 20259:00 am to 12:00 pm8/28/2025 9:00:00 AM +00:008/28/2025 12:00:00 PM +00:00Fully 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 local favorites like Truckee ThurAdd to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,755
Year Built
- Built in 1978 | Remodeled
Lot Details
- 0.33 Acre Lot
- Level Lot
Parking
- 2 Car Attached Garage
Home Design
- Ranch Style House
- Composition Roof
- Metal Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,448 Sq Ft Home
- Furniture Can Be Negotiated
- Living Room with Fireplace
- Vinyl Flooring
- Views of Woods
- Surveillance System
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry in Garage
- Dryer
- Washer
Outdoor Features
- Multiple Outdoor Decks
Utilities
- Hydronic Heating System
- Baseboard Heating
- Heating System Uses Natural Gas
- Utility District
- Septic System
Community Details
- Truckee Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $9,755 | $862,920 | $191,760 | $671,160 |
2024 | $9,915 | $846,000 | $188,000 | $658,000 |
2023 | $9,915 | $846,000 | $188,000 | $658,000 |
2022 | $3,598 | $255,549 | $42,828 | $212,721 |
2021 | $3,317 | $250,539 | $41,989 | $208,550 |
2020 | $3,298 | $247,971 | $41,559 | $206,412 |
2019 | $3,286 | $243,110 | $40,745 | $202,365 |
2018 | $3,156 | $238,345 | $39,947 | $198,398 |
2017 | $3,068 | $233,672 | $39,164 | $194,508 |
2016 | $3,047 | $229,092 | $38,397 | $190,695 |
2015 | $2,976 | $225,652 | $37,821 | $187,831 |
2014 | $2,858 | $221,233 | $37,081 | $184,152 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/21/2025 08/21/25 | For Sale | $999,000 | +11.0% | $690 / Sq Ft |
06/24/2022 06/24/22 | Sold | $900,000 | +0.1% | $622 / Sq Ft |
05/23/2022 05/23/22 | Pending | -- | -- | -- |
05/13/2022 05/13/22 | For Sale | $899,000 | -- | $621 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $900,000 | Fidelity National Title | |
Grant Deed | $173,000 | First American Title Ins Co | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $747,000 | New Conventional | |
Previous Owner | $150,350 | Unknown |
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Source: Tahoe Sierra Board of REALTORS®
MLS Number: 20251919

APN: 016-360-003-000
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