$549,999
- 4 Beds
- 3 Baths
- 2,200 sqft (on 0.27 acres)
1398 Rainbow Dr, Pasadena, MD 21122
Home Highlights
Single-Family Home
Built in 1975
0.27 acre lot
$250/sqft
HOA $20/mo
Local Information
-- mins to
About this House
Coming soon, in July!!! Beautiful 4-Bedroom, 3-Full Bath Home with Water-Access Community Amenities. With Blue ribbon schools.
Welcome to this well-maintained 4-bedroom, 3-full bathroom home featuring numerous recent upgrades and access to an exceptional waterfront community. There is a flex space that could be used for a 5th bedroom or a very nice office space.
The home offers a spacious and functional layout, including a primary suite with a private en-suite bathroom. Enjoy cozy evenings by the wood-burning fireplace with a stainless steel chimney liner, and appreciate the convenience of modern stainless steel appliances throughout the kitchen.
Recent updates provide peace of mind, including:
Both HVAC systems replaced within the last 2 years
Roof replaced approximately 5 years ago with premium 50-year GAF shingles
Brand-new refrigerator
Brand-new washing machine
Stainless steel kitchen appliances
Outdoor enthusiasts will love the location. The home is within walking distance of two community beaches, including one located at the end of the street. Residents also enjoy access to outstanding neighborhood amenities, including:
Two private community beaches
Community pavilion
Shared neighborhood marina
Whether you're looking for a year-round residence or a relaxing retreat near the water, this home offers comfort, convenience, and an incredible community lifestyle.
Welcome to this well-maintained 4-bedroom, 3-full bathroom home featuring numerous recent upgrades and access to an exceptional waterfront community. There is a flex space that could be used for a 5th bedroom or a very nice office space.
The home offers a spacious and functional layout, including a primary suite with a private en-suite bathroom. Enjoy cozy evenings by the wood-burning fireplace with a stainless steel chimney liner, and appreciate the convenience of modern stainless steel appliances throughout the kitchen.
Recent updates provide peace of mind, including:
Both HVAC systems replaced within the last 2 years
Roof replaced approximately 5 years ago with premium 50-year GAF shingles
Brand-new refrigerator
Brand-new washing machine
Stainless steel kitchen appliances
Outdoor enthusiasts will love the location. The home is within walking distance of two community beaches, including one located at the end of the street. Residents also enjoy access to outstanding neighborhood amenities, including:
Two private community beaches
Community pavilion
Shared neighborhood marina
Whether you're looking for a year-round residence or a relaxing retreat near the water, this home offers comfort, convenience, and an incredible community lifestyle.
Home Details for 1398 Rainbow Dr
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Interior Details BasementAtticTypes of Rooms: Dining Room, Family Room, Recreation RoomCeiling Fan |
Heating & Cooling Heating: Forced Air, OilAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet, Hardwood, Laminate |
Appliances & Utilities Cable ReadyDishwasherDryerMicrowaveRefrigerator |
Fireplace & Spa Fireplace |
Windows, Doors, Floors & Walls Double Paned Windows |
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Exterior Home Features Roof: AsphaltDeckExterior: Other, Brick, Cement ConcreteLawn |
Parking & Garage Parking Spaces: 4Parking: Off Street, On Street |
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Days on Market: 80 days on Trulia |
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Year Built Year Built: 1975 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Price Price Per Sqft: $250 |
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Units in Building: 1 |
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HOA Fee: $20/Monthly |
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Lot Area: 0.27 acres |
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RV Parking Rv Parking |
Around this home
What Locals Say about Lake Shore
At least 97 Trulia users voted on each feature.
92 % Say car is needed
90 % Say parking is easy
90 % Say there's holiday spirit
89 % Say yards are well-kept
87 % Say it's dog friendly
76 % Say it's quiet
74 % Say there's wildlife
74 % Say kids play outside
73 % Say people would walk alone at night
57 % Say neighbors are friendly
55 % Say they plan to stay for at least 5 years
38 % Say streets are well-lit
33 % Say there are sidewalks
31 % Say there are community events
30 % Say it's walkable to grocery stores
27 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
Market trends in Lake Shore
Last updated August 2026
Avg. sale price
$541K
$1KMoM
Sale-to-List Price
100.1%
0.1%MoM
Price per sq ft
$297
$9MoM
Available listings
47
8MoM
Home Value
Trulia Estimate
$493KSince last month
Decreased$44K (-8.2%)Since last year
Decreased$44K (-8.1%)Since last sale
Increased$13K (+2.8%)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 +41% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $493K |
| August 2026 | $493K |
| July 2026 | $538K |
| May 2026 | $553K |
| April 2026 | $550K |
| March 2026 | $548K |
| February 2026 | $538K |
| January 2026 | $531K |
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 |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $690,001 | 07/15/26 | 4 | 3.5 | 3,355 | |
0.19 | Single-Family Home | $696,000 | 10/01/25 | 5 | 3.5 | 3,153 | |
0.16 | Single-Family Home | $650,000 | 11/21/25 | 6 | 4 | 3,000 | |
0.16 | Single-Family Home | $650,000 | 02/03/26 | 6 | 4 | 3,080 | |
0.51 | Single-Family Home | $685,000 | 10/27/25 | 4 | 2.5 | 2,570 | |
0.40 | Single-Family Home | $720,000 | 10/14/25 | 4 | 2.5 | 2,731 | |
0.35 | Single-Family Home | $675,000 | 01/07/26 | 3 | 2.5 | 1,960 | |
0.77 | Single-Family Home | $720,000 | 10/13/25 | 4 | 2.5 | 2,506 | |
0.72 | Single-Family Home | $585,000 | 05/12/26 | 5 | 3 | 2,054 |
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 |
|---|---|---|---|---|---|---|
0.12 | $779,600 | 4 | 3 | 3,484 | Off Market | |
0.13 | $690,001 | 4 | 3.5 | 3,355 | Recently Sold | |
0.14 | $699,200 | 4 | 2.5 | 2,592 | Off Market | |
0.16 | $650,000 | 6 | 4 | 3,000 | Recently Sold | |
0.19 | $932,700 | 3 | 3.5 | 3,056 | Off Market | |
0.20 | $775,400 | 4 | 2.5 | 2,600 | Off Market | |
0.19 | $703,200 | 5 | 3.5 | 3,153 | Off Market | |
0.21 | $752,900 | 3 | 3 | 3,060 | Off Market | |
0.27 | $763,500 | 4 | 3 | 2,591 | Off Market | |
0.30 | $667,400 | 4 | 2.5 | 2,472 | Off Market | |
0.30 | $439,700 | 4 | 3.5 | 2,200 | Off Market | |
0.31 | $440,000 | 3 | 3.5 | 2,232 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 11, 2026 Source: Bright MLS #MDAA2152776 | Sold | $480,000 |
Sep 3, 2026 Source: Bright MLS #MDAA2152776 | Pending | $499,900 |
Aug 25, 2026 Source: Bright MLS #MDAA2152776 | Contingent | $499,900 |
Aug 10, 2026 Source: Bright MLS #MDAA2152776 | PriceChange | $499,900 Price decreased by 8% |
Jul 30, 2026 Source: Bright MLS #MDAA2152776 | PriceChange | $544,900 Price decreased by 1% |
Jun 24, 2026 Source: N/A | Pending | $549,999 |
Jun 24, 2026 Source: N/A | Listed For Sale | $549,000 |
Jun 30, 2004 Source: N/A | Sold | $361,000 |
Feb 11, 2000 Source: N/A | Sold | $159,700 |
May 14, 1997 Source: N/A | Sold | $162,300 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,798 | $384,033 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
This property is for sale by owner and Zillow, Inc. is displaying it at the owner’s request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
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Frequently asked questions about 1398 Rainbow Dr
- What is the estimated monthly payment for 1398 Rainbow Dr?Based on a $549,999 list price with 20% down at today's rates, the estimated monthly payment for 1398 Rainbow Dr in Pasadena, MD is approximately $3,432 (about $2,967 principal & interest, $390 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1398 Rainbow Dr compare to homes in Pasadena?1398 Rainbow Dr in Pasadena, MD is listed at $549,999, about 2% above the $541K median sale price in Pasadena.
- What do residents say about the Lake Shore neighborhood?Residents describe the Lake Shore neighborhood in Pasadena, MD as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Lake Shore, Pasadena.
- What are the closest schools to 1398 Rainbow Dr?The closest schools to 1398 Rainbow Dr in Pasadena, MD are Chesapeake Bay Middle School (rated 8/10), Chesapeake High School (rated 6/10), Fort Smallwood Elementary School (Pre-K, rated 6/10).
- Does 1398 Rainbow Dr have air conditioning?Yes, 1398 Rainbow Dr in Pasadena, MD has air conditioning.
- Does 1398 Rainbow Dr have laundry facilities?Yes, 1398 Rainbow Dr in Pasadena, MD has laundry facilities.
1398 Rainbow Dr, Pasadena, MD 21122 is a 4 bedroom, 3 bathroom, 2,200 sqft single-family home built in 1975. 1398 Rainbow Dr is located in Lake Shore, Pasadena. This property is currently available for sale and was listed on Jun 24, 2026.

