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It sold for $799,000 on 2025-10-06, 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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About This Property
* 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.
Listing Details
Property History
Sale History · changed hands 2×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jul 2021 · via MLS history | $750,000 | — | — |
| Oct 2025 · this listing | $799,000 (+7%) | Kerry McNew-FentonSierra Sotheby's Int Realty TC | Val VidegainColdwell Banker Realty |
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 — 12974 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
