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It sold for $942,000 on 2025-12-08, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.
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Our data on this home
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.
Listing Details
Property History
Sale History · changed hands 2×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jun 2022 · via MLS history | $900,000 | — | — |
| Dec 2025 · this listing | $942,000 (+5%) | Jenna BeldenCOMPASS | Jenna BeldenCOMPASS |
MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.
STR Investment Summary — 12481 Rainbow Drive, Truckee
Home Insurance Estimate
California FAIR Plan fire policy + a DIC wrap policy, the usual Tahoe setup
Estimate from this ZIP's California FAIR Plan rates (Plan data as of 6/30/2026, with the 29.1% increase effective 10/15/2026) on an estimated rebuild cost, plus a DIC policy at 20–40% of the FAIR premium. Not a bindable quote; a local broker quote depends on the home's age, roof, defensible space and claims history.
See it in the monthly payment Tahoe wildfire insurance costs
