12312 Rainbow Rd, Grass Valley, CA 95949
Property image
Property image
OFF MARKET

$701,700

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 2,908 sqft (on 5.21 acres)

12312 Rainbow Rd, Grass Valley, CA 95949

Est. Refi. Payment $4,386/mo*
Refinance Your Home
Currently Off Market - Sold Sep 12, 2012 for $340,000

Home Value

Trulia Estimate
$702K
Since last month
Decreased$2K (-0.3%)
Since last year
Increased$12K (+1.8%)
Since last sale
Increased$362K (+106.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +37% in the last 10 years
MonthEstimated value
2026
September 2026$702K
August 2026$702K
July 2026$704K
June 2026$726K
May 2026$719K
April 2026$698K
March 2026$689K
February 2026$682K
January 2026$665K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
16373 Dog Bar Rd, Grass Valley, CA
0.63
Single-Family Home
$533,000
09/19/25
4
3
2,292
11672 Rainbow Rd, Grass Valley, CA
0.43
Single-Family Home
$250,000
12/19/25
4
3
2,230
15438 Fay Rd, Grass Valley, CA
0.54
Single-Family Home
$529,000
01/30/26
3
2
1,556
16105 John Way, Grass Valley, CA
0.31
Single-Family Home
$670,000
06/15/26
3
2.5
2,675
16156 Janet Way, Grass Valley, CA
0.50
Single-Family Home
$385,000
03/03/26
3
3
2,509
15075 Carrie Dr, Grass Valley, CA
0.50
Single-Family Home
$660,000
05/04/26
4
3
2,741
16041 John Way, Grass Valley, CA
0.34
Single-Family Home
$686,000
05/21/26
3
3
2,805
15252 Lorie Dr, Grass Valley, CA
0.32
Single-Family Home
$645,000
12/09/25
4
2
2,322
15734 Carrie Dr, Grass Valley, CA
0.50
Single-Family Home
$675,000
10/07/25
4
3
2,973
11659 Pamela Dr, Grass Valley, CA
0.44
Single-Family Home
$594,000
12/23/25
3
2.5
2,146
Home facts updated by county records

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
12316 Kenneth Ct, Grass Valley, CA 95949
0.14
-
-
-
-
Off Market
12288 Kenneth Ct, Grass Valley, CA 95949
0.16
$79,700
-
-
-
For Sale
12145 Rainbow Rd, Grass Valley, CA 95949
0.23
-
-
-
-
Off Market
15126 Carrie Dr, Grass Valley, CA 95949
0.50
$499,000
3
3
1,700
For Sale
16153 Janet Way, Grass Valley, CA 95949
0.48
$589,000
3
2
2,272
For Sale
16297 Dog Bar Rd, Grass Valley, CA 95949
0.55
$60,000
-
-
-
For Sale
21894 Oak Ridge Dr, Grass Valley, CA 95949
0.64
-
-
-
-
Off Market
15396 Kingsbury Cir, Grass Valley, CA 95949
0.66
$312,000
2
2
1,041
For Sale
15287 Kingsbury Cir, Grass Valley, CA 95949
0.73
$259,000
2
1
1,200
For Sale
15383 Birch Meadows Cir, Grass Valley, CA 95945
0.76
$573,400
3
2
1,857
Off Market
15444 Nancy Way, Grass Valley, CA 95949
0.72
$475,000
3
2
1,650
For Sale
15750 Gary Way, Grass Valley, CA 95949
0.74
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 12312 Rainbow Rd.
  • Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2004
5.21 acre lot
2,908 sqft
$241/sqft
Garage

About this House

Amazing property in the Clover Valley Ranches subdivision of Grass Valley. Single story home built in 2004 with 2900 sqft that sits on over five acres. Four bedrooms plus a bonus/work room and three full baths. Features fresh interior paint, new carpet & pad, wood and tile flooring. Large family room with gas fireplace flows off the kitchen/nook area. Gorgeous views from the huge private deck. Great location close to Alta Sierra golf course. This is an absolute must see property.
12312 Rainbow Rd, Grass Valley, CA 95949 is a 4 bedroom, 3 bathroom, 2,908 sqft single-family home built in 2004. It last sold for $340,000 on Sep 12, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $701,700, with a rent estimate of $3,564/month.

Home Details for 12312 Rainbow Rd

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Interior Details
Number of Rooms: 2
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 2004
Property Type / Style
Property Type: Single Family Home

Exterior Features

Exterior Home Features
Exterior: WoodPatio
Parking & Garage
GarageParking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 5.21 acres

Price and Tax history

DateEventPrice
Sep 12, 2012
Source: N/A
Sold
$340,000
May 4, 2012
Source: N/A
Sold
$385,000
Sep 25, 2002
Source: MetroList Services of CA #10604349
Sold
$95,000

Market trends in Grass Valley

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$551K
$2.83KMoM
Sale-to-List Price
100.0%
Price per sq ft
$306
$1MoM
Available listings
218
16MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Grass Valley

At least 189 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 80 % Say it's dog friendly

  • 78 % Say there's holiday spirit

  • 77 % Say there's wildlife

  • 74 % Say yards are well-kept

  • 69 % Say parking is easy

  • 65 % Say it's quiet

  • 62 % Say neighbors are friendly

  • 58 % Say people would walk alone at night

  • 56 % Say they plan to stay for at least 5 years

  • 49 % Say kids play outside

  • 33 % Say it's walkable to restaurants

  • 28 % Say it's walkable to grocery stores

  • 26 % Say there are sidewalks

  • 25 % Say there are community events

  • 22 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Darcie
    "Lots of people have dogs and they’re most always on a leash. We rarely see dogs running around the neighborhood without a leash or collar."
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  • Michael
    "Nice area...seasonal...quaint community...good restaurants lots of outdoor activities as well as town events...holiday spirit...up pretty high..foothills...sunsets...snow...lots of clear days....great views...located nicely between Sacramento and Reno,nv."
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  • Darcie
    "23 miles to and from work. Very easy commute from where we live. I don't work in the town I live in but the next town over. Easy commute but not a very safe highway. Caltrans it's making it safer by widening the roads."
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  • Gwebberarts
    "Living in Grass Valley's woods-y neighborhoods, close to shopping, groceries, farmers market & downtown, with easy highway access!"
    2
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  • Darcie
    "i’ve lived in this neighborhood for over 20 years. I was born about an hour from here so this is like coming back home! Everyone is very friendly! since Grass Valley is about 3000 feet in elevation, The snow level is just above us. We might get a few inches of snow every year, but it doesn’t last long. It does get pretty hot in the summertime as high as 105 at times. It’s actually very beautiful! There are many pine trees, cedars, and oaks in our neighborhood! Also gold country is where we live! So if you’d like to try your hand at gold panning try many of our creeks and rivers! Our county has the most beautiful fairgrounds in California! Many things to do in our town!"
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  • Jaelyn Jimenez
    "I would say the Nevada county fair is a pretty unique community event for Grass Valley. Also playing in the snow is always fun every year. "
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  • Christine Cook
    "Not a lot of dog parks downtown but miles and miles of hiking trails where owners can bring their dogs as long as they stay on a leash. Most pet owners are very responsible in this community."
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  • Christine Cook
    "It’s a quiet neighborhood with mostly Victorian homes. It’s near a high school but that doesn’t seem to affect traffic or the peaceful atmosphere. It’s fairly close to Hwy 49 so there’s a lot of background noise but one gets used to it pretty quickly. There are several nice parks and trails nearby. It’s a decent place to raise a family. It’s also within walking distance to of historic downtown and shopping. "
    3
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  • Nv6k4wxyjp
    "We have a vibrant downtown area with community events offered several days a week, many of which are free. Grass Valley residents tend to be creative and artistic. Many residents own local shops to display their wares. "
    0
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  • Christina Cox
    "Yes people walk their dogs every day here! There is a nice trail as well as the street. No sidewalks is the only weakness."
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  • Trulia User
    "Fireworks, we are all usually very friendly. there's a County Fair most kids go to in the Summer. There have recently been a few pride events, and the toy drive for kids in need drives through the neighborhood."
    0
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  • Trulia User
    "people do not pickup after their pets and some let them wonder in your yard. there are hills and also flat areas. just keep your pet on their leash "
    0
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  • Richard C.
    "wide open, lots of trees, great to meet residents, shop localy, varied neighborhoods, qildlife is great "
    0
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  • Imogensky
    "Nature, small town, community, local business, people are super nice or want to be left alone, outdoors, cooler than down the hill, hippies, snow, river/lakes/hiking, tahoe and sac a little over an hour away and safe enviroment."
    1
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  • Z'henna J.
    "It’s a great place to raise a family or retire. But if you are a new adult looking for more I HIGHLY recommend you go somewhere more exhilarating. "
    0
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  • Z'henna J.
    "To downtown grass valley, you could walk there easily. Driving to Nevada city takes around 6 minutes. "
    0
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  • Jjolsono1999
    "I drive my car, or 4runner to work and around town. to pick up my kids. to get gas and food............ "
    0
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  • Andy J.
    "Nice place to walk dogs and plenty of them around, often stores are dog friendly and we have an awesome dog park. "
    0
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  • Joyuss59
    "I live outside of town with no neighbors! Fairgrounds is a great place to walk for older people and small children to ride there bikes "
    0
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  • Mike L.
    "County fair, downtown events, theatre, shows, old town feel, downtown markets, grass valley down town, Nevada city down town."
    0
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  • Elysia G.
    "There is a big meth problem here and it's very, very expensive. Plus, the healthcare system is sub-par."
    0
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  • Barbara
    "Best not to let your dogs wonder off leash...some predator animals, and sometimes neighbors get very upset."
    0
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  • Catie C.
    "The public transportation is awful and there are almost no Uber/Lyft services. Everyone walks, bikes, or drives everywhere. But there is no traffic on the road outside of public events making it quick and easy to get all over town. "
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  • Allison P.
    "it's a good quiet place to live and raise a family. I was born here and raised here the past twenty seven years."
    0
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  • Bandpowell
    "This is a small town and if you work in town, it is a 5 to 10 minute commute. Easy place to get around."
    0
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  • Lilroyal101
    "I’ve lived in this neighborhood almost my whole life and it’s a very friendly community. My family and I have loved living here."
    0
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  • Trulia User
    "Good place to live , expensive and somewhat boring but depending on what you like to do it’s great, we disk golf and ride mountain bikes a lot, river in the summer it’s good "
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  • Andy J.
    "I can drive, walk, or ride my bike depending on how I feel. Love the area but is expensive, same as most of California I assume. "
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  • Andy J.
    "Great small community with home town feel , options to walk to for dinner , fun, play. I’ve lived here for six years now and love the area. I do ride my bike and walk often. When I drive traffic is not bad. "
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  • Pacificadolphins
    "Very easy driving - never traffic. Very easy access to freeway. Some streets are narrow so with cars parked along the side you must allow car from other direction to pass"
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  • Dean D.
    "The neighborhoods in this area are really nice for the most part some people have issues but who don’t. Not super dog friendly but enough to take my dogs for a walk"
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  • Susie L.
    "It is like living in a tourist town. Cost of living is higher. Housing more expensive than I am used to. I am displaced due to the camp fire and my employer relocated me here and I am grateful. "
    0
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  • LindaB
    "Alta Sierra is one of the nicest and safest communities anywhere in the vicinity. Neighbors are friendly. HOA only costs $40/yr and is a wonderful community organization. Great clubhouse, golf course, restaurants, pizza parlor, auto repair, elementary school. Quiet. Absolutely lovely. Herds of deer roam freely everywhere. Only 3 miles to town. But far enough out of town to really enjoy being in the country. Lots of amenities."
    16
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  • Lori g
    "like: Easy walking loops within housing development and access to land trust trails, some level streets"
    0
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  • Ehron V.
    "Romain Angels, amazing and interesting characters around here. Very nice people however in a lot of areas there’s tweaks and sketchy activities. But overall beautiful. "
    12
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  • Vanessa M. M.
    "I absolutely love Nevada county I intend to live here my whole life I don't like that is becoming so overpopulated but I enjoy this place if you could truly be in love with a place I'm in love with Nevada county"
    2
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  • Colleen L.
    "We all look out for each other and lend a hand when needed. On occasion there will be potlucks or summer barbecues. "
    0
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  • Shauntel C.
    "Grass Valley is great, but something strange in a brewing in the air around here. whatever it is it's not good. But schools are great!! There is a lot of homeless and illicit drug use and I'm not talking marijuana either. At first, I thought the people were nice, but I think that's only in Penn Valley. Grass Valley has many younger/middle-age folk that act like they are in high school and are brutal to new comers. That being said, I have met many kind individuals who have been welcoming."
    29
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LGBTQ Local Legal Protections

Frequently asked questions about 12312 Rainbow Rd

  • What is 12312 Rainbow Rd estimated to be worth?
    Trulia's estimated value for 12312 Rainbow Rd in Grass Valley, CA is $701,700.
  • What is the price history for 12312 Rainbow Rd?
    12312 Rainbow Rd in Grass Valley, CA last sold for $340,000 in September 2012.
  • Is Grass Valley a buyer's or seller's market?
    Grass Valley is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Grass Valley?
    The median sale price in Grass Valley is $551K. That is down $2.83K from the prior month.
  • Does 12312 Rainbow Rd have air conditioning?
    Yes, 12312 Rainbow Rd in Grass Valley, CA has air conditioning.
  • How big is the lot at 12312 Rainbow Rd?
    The lot at 12312 Rainbow Rd in Grass Valley, CA is about 5.2 acres.

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Off Market Homes Near 12312 Rainbow Rd

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