16 Rainbow Rd, Peabody, MA 01960
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Property image
OFF MARKET

16 Rainbow Rd
Peabody, MA 01960

  • 4 Beds
  • 1.5 Baths
  • 1,344 sqft

$706,700

Trulia Estimate
as of Aug 7, 2026
Est. Refi. Payment $4,281/mo*
Refinance Your Home

$706,700

Trulia Estimate
as of Aug 7, 2026
Est. Refi. Payment $4,281/mo*
Refinance Your Home
4 Beds
1.5 Baths
1,344 sqft

Local Information

  • Map ViewExplore the area around 16 Rainbow Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1949
Living Area
1,344 sqft
Price/Sqft
$526

About this House

Great opportunity to live in fabulous South Peabody neighborhood! Traditional cape with full dormer features eat-in kitchen off the living room with working fireplace flanked by bookcases. Two bedrooms on first floor, one currently being used as a den. Full bath on first floor is freshly painted, has new vanity and medicine cabinet with lights. Two large bedrooms with built in drawers and bath on second floor. Full basement with second chimney for wood stove, laundry, and plenty of room to create additional living space. New hot water heater in 2015. Outside you'll find a beautiful in-ground pool just waiting for you to enjoy it! Pool was resurfaced and new tiles in 2003, new safety cover installed in 2009 and cleaning robot in 2011. Not opened this year but has been used every year prior to this year. Walk to the library at the end of the street or enjoy the nearby new Spring Pond Nature Trail for walking and biking when you make 16 Rainbow Rd your new home!
16 Rainbow Rd, Peabody, MA 01960 is a 4 bedroom, 2 bathroom, 1,344 sqft single-family home built in 1949. It last sold for $343,000 on Sep 16, 2016. It is currently off market. The Trulia Estimate is $706,700, with a rent estimate of $4,340/month.

Home Details for 16 Rainbow Rd

Interior Features

Heating & Cooling
Heating: Other, OilAir ConditioningHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Interior Details
Number of Rooms: 6Types of Rooms: Family Room
Appliances & Utilities
Refrigerator
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1949
Property Type / Style
Property Type: Single Family HomeArchitecture: Cape Cod

Exterior Features

Exterior Home Features
Exterior: Other
Pool
Pool
Parking & Garage
Parking Space: 1

Community

Units in Building: 1

Lot Information

Lot Area: 6098 sqft

Price History for 16 Rainbow Rd

DatePriceEventSource
09/16/2016$343,000Sold
N/A
08/10/2016$339,900PendingAgent Provided
08/03/2016$339,900Listed For SaleAgent Provided
10/15/2011$274,000ListingRemovedAgent Provided
08/18/2011$274,000Listed For SaleAgent Provided

Market trends in Peabody

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$625K
$29.58KMoM
Sale-to-List Price
101.4%
0.8%MoM
Price per sq ft
$396
$12MoM
Available listings
84
18MoM
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Property Tax and Assessment

Year2025
Tax$5,673
Assessment$612,600
Home facts updated by county records

Comparable Sales for 16 Rainbow Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
19 Cedar Grove Ave, Peabody, MA
0.04
Single-Family Home
$680,000
11/04/25
3
2
1,847
3 Margaret Rd, Peabody, MA
0.18
Single-Family Home
$585,000
05/15/26
3
1.5
1,092
60 Lynn St, Peabody, MA
0.20
Single-Family Home
$600,000
01/22/26
4
3
1,512
1 Winnegance Ave, Peabody, MA
0.26
Single-Family Home
$513,000
10/10/25
3
1
1,304
30 Saint Anns Ave, Peabody, MA
0.30
Single-Family Home
$649,900
12/04/25
4
2
1,344
17 Tuckers Ct, Peabody, MA
0.28
Single-Family Home
$575,000
06/29/26
4
1
1,323
31 Rockdale Ave, Peabody, MA
0.28
Single-Family Home
$653,000
08/22/25
3
2
1,660
25 Hourihan St, Peabody, MA
0.50
Single-Family Home
$537,550
10/07/25
4
1.5
1,215
6 Allen Rd, Peabody, MA
0.48
Single-Family Home
$645,000
04/02/26
3
1.5
1,322
2 Johnson Ave, Peabody, MA
0.47
Single-Family Home
$680,000
07/23/26
4
1
1,152

Nearby homes

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Assigned Schools

These are the assigned schools for 16 Rainbow Rd.
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 Peabody

At least 344 Trulia users voted on each feature.

  • 83 % Say car is needed

  • 82 % Say it's dog friendly

  • 80 % Say there are sidewalks

  • 76 % Say parking is easy

  • 73 % Say streets are well-lit

  • 73 % Say there's holiday spirit

  • 69 % Say yards are well-kept

  • 68 % Say people would walk alone at night

  • 66 % Say kids play outside

  • 59 % Say it's quiet

  • 57 % Say it's walkable to restaurants

  • 57 % Say they plan to stay for at least 5 years

  • 53 % Say neighbors are friendly

  • 53 % Say there's wildlife

  • 47 % Say it's walkable to grocery stores

  • 38 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Sedineia Paradela
    "My pretty safe to drive arround in and out to the town of peabody and I do live here for about almost 30 years "
    0
    Flag
  • Maria Serra
    "West Peabody has lots of spacious yards, many schools nearby, very peaceful. Very nice landscaped homes, a mix of old and new."
    0
    Flag
  • Gatts52
    "This is a safe, walkable neighborhood for children. Lots of people are out walking their dogs, working in their yards, playin basketball or catch, or just walking. So there are lots of eyes and ears observing everything. "
    3
    Flag
  • Tim D.
    "Our annual block party is always a great time. Plenty of activities, food and great people. I look forward to it every year!"
    3
    Flag
  • Amy H.
    "Right on rail trail for a long walk with the dogs. Many dogs in the neighborhood some way too big to be here. Some not so friendly. "
    4
    Flag
  • Tien-hao C.
    "The location to grocery whole sale and the city. It is convenient to other towns in mass. Some of the roads are not well maintained though "
    4
    Flag
  • Tien-hao C.
    "Too many dogs. Kinda strange. Most of the owners are friendly and easygoing. I don't go to dog park often though. "
    1
    Flag
  • Tien-hao C.
    "The place is convenient. I like to go to city and other places around. The trails parks are all good. "
    1
    Flag
  • Jessica D.
    "The schools are pretty good, plenty of parks and recreational activities. Grew up in Peabody and I love it."
    0
    Flag
  • Robert A.
    "There are multiple type of schools in the area. Also there are many parks for children to play at. Additionally there are dog parks too."
    0
    Flag
  • Alvin K. D.
    "A very quiet neighborhood and a friendly community where everyone looks out for one another. A very clean scene as well"
    2
    Flag
  • Alvin K. D.
    "This neighborhood has great access to public transport during the day but at night it's at 0%. since there are no buses available at that time."
    1
    Flag
  • Krystle R.
    "People drive like maniacs around here be careful with kids and dogs. Keep them on sidewalks in they will get run over!"
    0
    Flag
  • Beba0709
    "I have lived here for over 30 years. Most of us have! Great neighborhood to raise a family. Walk my son to school in the morning & ride our bikes on the trail behind our house. "
    1
    Flag
  • Aracelis
    "It has good school system, great neighborhoods to grow up in. Very quiet and peaceful. It’s easy to make friends and get to know the place. It can be a bit expensive but it is worth it. "
    0
    Flag
  • Cleemc1214
    "The schools are ok. The culture is very diverse. Traffic is awful and a very big problem............."
    0
    Flag
  • Cora M.
    "Dogs are always welcome, everyone love to see dogs walking down the street and many children enjoy petting them."
    0
    Flag
  • Cleemc1214
    "It’s a diverse and accessible community. With most places there are good and bad things. Traffic sucks but they have a nice new dog park. "
    0
    Flag
  • Ana A. J.
    "educated people, I like to help, they are calm people, they don't make noises, participation events in the city..:"
    0
    Flag
  • Animalgirl62
    "great fireworks on the fourth. lots of beautiful areas to take a walk. close to grocery stores and restaurants"
    0
    Flag
  • Sedineia
    "I do not have a dog but I think is ok we have special place or dog play ground for people to enjoying "
    0
    Flag
  • Ben L.
    "it's great a few minutes from the train and less than a minute from the highway. in between Gloucester and boaton. "
    0
    Flag
  • Sedineia
    "My neighborhood is very safely and friendly anyone are welcome to visit us.we are very happy and hospitality is one of our mai characteristics.we like to welcoming peaceful people to joining us "
    0
    Flag
  • Tim D.
    "Each year we have a block party for the Fourth of July. Many of the neighbors are on a first name basis and are very friendly. "
    0
    Flag
  • Themondaltos
    "Very reasonable commute to Boston. Easy access to route 1 and Interstate 95. Easy drive to grocery store, pharmacy, hardware store, nails, hair etc. "
    1
    Flag
  • Krystal B.
    "Easily accessible to all major highways. Some main roads into the city can get congested at peak hours."
    0
    Flag
  • Aaron H.
    "Only been here for a short period of time but the community is diverse and polite. this coming from a man of ethnic background, and a native New Yorker. It's not quite southern--but I appreciate the hospitality nonetheless. "
    4
    Flag
  • Joshua B.
    "I've lived in the neighborhood for 5 plus years and enjoy the atmosphere. neighbor's are friendly and the city is growing with prospects. "
    0
    Flag
  • Psports
    "My neighborhood use to be nice ; my street use to be a nice farm road, now with all the over building there are to many cars and my street is now a raceway, the speed limit is 20 mph and cars come down doing 50 , mystery is a pass threw street and the out siders throw trash on the side walks, there are to many dogs and the dog walkers and most dog walker don’t pick up the dog mess, people steel for the neighborhood. Sadly to say the council person does nothing , but promised he would do something, this is a veteran city and there are veterans and wounded veterans on my street and the city does not recognize the veterans, but if a fire fighter gets hurt or killed the fire department has all kinds of fund raiser to give the funds to the family but a vet that got blown up get nothing, "
    0
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  • PC
    "Some neighbors are nice and there are lots of puppies to ssy hello to. We have a new dog park and there is a nice walking trail next to the property. "
    0
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  • Ryan m. m.
    "Fairly close nit area where you really get to know everyone. It is not unusual for multiple generations of family members to live in the same area. "
    0
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Apartments for Rent

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Explore by feature - Pet Friendly

18 pet-friendly rentals in Peabody, MA

Explore by feature - Garage

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Explore by feature - Air Conditioning

25 rentals with air conditioning in Peabody, MA

Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

Homes for sale near 16 Rainbow Rd

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Off Market Homes Near 16 Rainbow Rd

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