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.
For sale
$835,000
12974 Rainbow Dr, Truckee, CA 96161
3beds
3baths
1,440sqft
Est.:
Single Family Residence
Built in 1973
10,018.8 Square Feet Lot
$829,900 Zestimate®
$580/sqft
$-- HOA
What's special
Vintage charmPrivate balconySpacious flat fenced backyardComfortable chaletMature trees and plantingsFull en-suite bathGenerous primary suite
- 4 hours
- on Zillow |
- 73 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: 11 hours ago
Listed by:
Kerry E McNew-Fenton 530-305-0761,
Sierra Sotheby's Int Realty TC
Source: TSMLS,MLS#: 20251773

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Open houses
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- CFAH
Appliances
- Included: Range, Oven, Microwave, Disposal, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: In Hall
Features
- High Ceilings, High Speed Internet, Great Room
- Flooring: Vinyl
- Has fireplace: Yes
- Fireplace features: Fireplace: Family Room, Freestanding, Woodstove: Family Room, Freestanding
Interior area
- Total structure area: 1,440
- Total interior livable area: 1,440 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage Door Opener, Two
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck(s): 2
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 10,018.8 Square Feet
- Features: Street, Landscaped
- Topography: Level
Details
- Parcel number: 016520024000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Chalet
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Roof: Composition
Condition
- Used
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Septic Tank
- Water: Utility District
- Utilities for property: Natural Gas Available
Community & HOA
Community
- Features: Gated: No
- Security: Security System, Closed Circuit Camera(s)
- Subdivision: Truckee
HOA
- Has HOA: No
Location
- Region: Truckee
Financial & listing details
- Price per square foot: $580/sqft
- Tax assessed value: $808,500
- Annual tax amount: $9,433
- Price range: $835K - $835K
- Date on market: 8/4/2025
- Listing agreement: EXCLUSIVE RIGHT
- Listing terms: Cash To New Loan
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