$735,000 Active
12577 Rainbow Drive
Truckee, CA 96161
⚠ STR Permit Cap Reached
Town of Truckee STR permit cap has been reached. 1-year waiting period after purchase before you can apply. Verify current waitlist status before buying.
2 Beds
·
1.0 Baths
·
Virtual Tour

About This Property

This adorable home offers two bedrooms and one bathroom. The property features a two-car garage with additional storage space underneath, as well as under-house storage, providing ample room for belongings. The large deck to side of the home overlooks a wooded lot, creating a tranquil and private outdoor living space, as well as connecting the home to the 2 car garage. The home is situated in one of Truckee's most desirable neighborhoods, offering convenient access to an array of outdoor recreational opportunities. Nearby trails and open spaces provide excellent options for hiking, trail running, mountain biking, dirt biking, snowmobiling, backcountry skiing, and cross-country skiing, catering to a variety of outdoor enthusiasts. This location allows for easy exploration of the natural surroundings and easy access to the amenities of the town.

Listed by Kari Chalstrom — Coldwell Banker Realty

Listing Details

Status Active
MLS # 20261786

Property History

Aug 27, 2026
Listed for sale
$735,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 2022 · county record $690,000 Deed record — brokerage sides not reported

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.

Property Overview
Beds 2
Baths 1.0
Lot Size 0.41 acres
Property Type Single Family Residence
Style Mountain
Subdivision Truckee
County Placer
STR Jurisdiction Town of Truckee
APN 016370007000
Parking
Garage Spaces 2
Parking Features Two, Detached
Attached Garage Yes
Exterior & Lot
Lot Features Street
View Trees/Woods
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
66
PROJECTED GROSS ANNUAL REVENUE
$21K – $51K typically ~$34,991
~$2,916 per month
Avg Nightly
$181
Occupancy
53%
Cap Rate
1.9%

STR Investment Summary — 12577 Rainbow Drive, Truckee

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Est. Gross Annual Revenue
$21K – $51K
typically ~$34,991
Avg Nightly Rate
$181
Projected Occupancy
52.9%
Cap Rate
1.9%
Structural Score: 66 / 100 (Premium) · STR Zone: Red

Based on comparable vacation rental performance data for Truckee. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($147,000)
Home price
$735,000
Loan details
30-yr fixed, 6.5%
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