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12480 Rainbow Drive, 
Truckee, CA 96161-0000

$999,000


3

Beds


3

Baths


1,834

Sq Ft


Single Family

Pending

Listed by

Lukas Brassie

Compass

Last updated:

June 24, 2026, 09:43 AM

MLS#

20261104

Source:

CA TSBOR

About This Home

12480 Rainbow Drive

Nestled among the pines in Prosser Lakeview Estates, this Truckee retreat offers the rare combination of refined mountain living and effortless tranquility. From the moment you arrive, the wide, flat driveway, a true luxury during Sierra winters, and thoughtfully designed, separate vestibule signal that every detail of this home has been considered. Inside, 1,834 square feet of open-plan living unfolds beneath vaulted wood ceilings, where a classic wood-burning stove anchors the great room in warmth and character. A dramatic wall of windows frames sweeping 180-degree views of your private forested hillside, creating a living painting that changes with every season, yet always feels completely your own. The gourmet kitchen is both beautiful and functional, outfitted with high-end stainless steel appliances, generous counter space, and a center island with bar seating that is equally suited to a quiet morning coffee or a lively après-ski dinner party. The adjacent dining area flows seamlessly into the living room, making the entire main level feel at once spacious and intimate. Three bedrooms and 2.5 bathrooms provide comfort for family and guests alike. The primary ensuite is a true sanctuary: enter through a sleek barn door to discover radiant heated floors, double vanities, a walk-in closet, and a spa-like rain shower. The second full bathroom is equally considered, with custom tile work, a full bathtub, and a flexible handheld shower. Recent improvements elevate everyday living throughout: luxury vinyl plank flooring in the main living area delivers style and easy upkeep; plush Berber wool loop carpet makes the downstairs bedrooms warm and inviting; and a brand-new garage storage system ensures mountain life stays beautifully organized. Situated on approximately half an acre, you can step outside and breathe it all in. The deck backs directly to a wooded hillside for complete privacy, where you can sink into the hot tub under a canopy of stars, gather around the table for an alfresco dinner, or simply let the stillness of the forest settle over you. And when adventure calls, you're perfectly positioned to answer: Prosser Reservoir, Downtown Truckee, and the Truckee River are all five minutes away; Donner Lake is just 12; and the shores of Lake Tahoe are a short 25-minute drive. Whether you're seeking a full-time residence or the ultimate mountain getaway, this is the one you've been waiting for.

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 1996

Price Summary

999,000

$544 per Sq. Ft.

MLS #:

20261104

Last Updated:

June 24, 2026, 09:43 AM

Added:

16 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

1,834 Sq. Ft.


Structure

Structure

Architectural Style:

Mountain

Building Area:

1,834 Sq. Ft.

Year Built:

1996


Lot

Lot Size (Sq. Ft):

21,344


Finances & Disclosures

Finances

Price:

$999,000

Price per Sq. Ft:

$544 per Sq. Ft.

Source:CA TSBOR
The information being provided by Tahoe Sierra Multiple Listing Service, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Tahoe Sierra Multiple Listing Service, Inc.. Compass is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Compass, a broker participant of Tahoe Sierra Multiple Listing Service, Inc.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Tahoe Sierra Multiple Listing Service, Inc. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Tahoe Sierra Multiple Listing Service, Inc.. All rights reserved.

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